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March 2021 U.S. cutting tool consumption totaled $177.6 million, up 18.8 percent from February's $149.5 million and down 2.6 percent when compared with the $182.3 million reported for March 2020.

LEO Lane, a Tel Aviv, Israel-based software company, has entered a partnership with HP concerning 3D printing.

CERATIZIT Group will host a global online event, “It’s Tool Time,” on Thursday, June 17 featuring experts who will focus on the value of process optimization through a variety of interactive machining demonstrations and presentations.

Machine shops use a variety of techniques to track the condition of their cutting tools, ranging from simple to sophisticated. No matter what monitoring method is used, it can be crucial in preventing catastrophic tool failure. At its best, monitoring also significantly boosts tool life and slashes tooling costs.

The auto industry’s recovery from a global semiconductor shortage may be long and require revamping supply chains, according to a report by the Deloitte consulting firm.

Workholding needs to be super-sized when machining workpieces like truck transmission housings, wind turbine blades, rocket bodies, and more, for industries like aerospace and defense, agricultural, energy, marine, rail, and on- and off-road transportation.

In IIoT-based smart factory setups, AI-enabled digital assistants are linked into all assets and all data. It is this intelligence that takes the IIoT beyond data collection to predictions and decisions.

Establishment of cross-sectoral networks provides an affordable solution to help manufacturers fast-track processes to keep pace with AI technologies and realize far-reaching efficiencies at scale.

Automation, as applied to tool Presetters, references a variety of operational and communications features that can be incorporated in a machine or system customized for the special needs of an individual shop or a major manufacturing facility.

3D Systems said it agreed to sell its On Demand Manufacturing Business.