U.S. manufacturing added 66,000 jobs in September, with the majority of that in durable goods, the Bureau of Labor Statistics said today.
In spite of advancing digitalization, manual workstations are still indispensable because automation is not always profitable with small batch quantities or complex processes.
When the COVID-19 pandemic hit, many aerospace and defense manufacturers realized they were not resilient enough to withstand the resulting challenges in their supply chains.
Manufacturing economic expansion eased in September while remaining at strong levels overall, the Institute for Supply Management said today.
Since 1922, Otto Martin Maschinenbau GmbH & Co. KG has been manufacturing best-in-class woodworking machinery at its production facility in Ottobeuren, located in the idyllic alpine Allgaeu region of southern Germany.
Peter Drucker, known as the father of modern management, was quoted in a 2006 article in Forbes as saying, “Because the purpose of business is to create a customer, the business enterprise has two—and only two—basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs.”
While the manufacturing sector generates large amounts of data, relatively few companies have fully harnessed that data to improve operational efficiencies.
Hockley Pattern & Tool, Halesowen, England, is an example of a company dedicated to the art and science of making perfect tooling.
Solid-carbide round tools have seemingly been around forever; before them, high-speed steel (HSS) tools ruled the roost, and after them a growing selection of alternative processes like indexables, EDM, waterjet and now additive manufacturing emerged as competition.
Betting that the worst of the pandemic will be over and travel restrictions lifted, the 2021 edition the machine tool exhibition is putting out the welcome mat to the world.
