Software AG (Frankfurt, MDAX: SOW) announced an original survey of over 125 North American manufacturers in the heavy industry and automotive sectors that revealed they are unable to scale their Industrial Internet of Things (IIoT) investments across their enterprises, and therefore are losing millions of dollars in potential profits while falling behind competitors that have invested in enabling technologies that support IIoT across the enterprise.
Methods Machine Tools Inc., a supplier of precision machine tools and automation, announced that its Board of Directors has appointed Mark Wright as its President and Chief Executive Officer effective September 13, 2019. Wright will assume all operating functions of Methods Machine Tools Inc., including the Sudbury headquarters and all seven direct offices throughout the United States as well as its national distribution network.
Hard turning has long been used for finishing when it comes to high-volume applications. Now, tooling suppliers have pushed cubic boron nitride (CBN) insert technology further, with geometric innovations that further increase the efficiency—and cost-effectiveness—of hard turning.
The keynote for Haimer USA’s May Open House at its headquarters in Villa Park, Illinois, was delivered by President Brendt Holden, who remarked that his company’s toolholding and related products are designed to provide consistent setup for their customers’ machining jobs.
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Fair Lawn, NJ. Sean Holt, head of Sales Area Americas for Sandvik Coromant, announced a new Sandvik Coromant Center will open in Mebane, NC, a geography heavy with aerospace and automotive manufacturing and a strong culture of innovation.
For years, collet-type toolholder assembly and setup have relied on cumbersome, error-prone manual methods that waste time and money.
Using lasers to cut metal, especially sheet metal or tubes, continues to show its value. The market is becoming dominated by the newer solid-state fiber laser over its CO2 gas rival. Fiber’s advantages in ease of operation, packaging and efficiency are clear.
Precision Tool Technologies Inc., Brainerd, Minn., is a manufacturer and distributor of high quality products and services for wholesale optical laboratories and retail optical industries.
Pittsburgh International Airport has announced plans for Neighborhood 91, a development that condenses and connects all components of the additive manufacturing/3-D printing supply chain into one production “neighborhood” concept.