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Sandvik has signed an agreement to acquire 67 percent of Chuzhou Yongpu Carbide Tools Co., Ltd, a China-based maker of solid round tools, with a call option to buy the remaining part in three years.

Vollmer of America completed its move into a new 30,000-square-foot facility near Pittsburgh International Airport in June of 2020 and participated in the Las Vegas AWFS Fair in July this year.

Big things are happening in the aviation maintenance, repair and operations (MRO) market: the first industry-wide material allowables for metal additive manufacturing (AM) parts are anticipated to be released this autumn.

Over the last 30 years, the electrical power demand on aircraft has increased by a factor of 10. While the growth in aerospace E/E systems has introduced new challenges, it is also creating new opportunities.

Key steps are virtual twins and real relationships.

Bosch said it is moving forward with volume production of silicon carbide chips.

Sandvik Coromant’s Package Selector Application analyzes a 3D CAD model of a product and recommends the smallest packaging possible using an AI algorithm that calculates the product’s rotation.

While fossil fuels dominate the energy market, expect a new mix of parts as renewable energy and EVs grow in market share.

The emergence of third-generation advanced high-strength steel, known as 3rd Gen AHSS, may have an impact on automotive manufacturing a trade group said.

The most important step in digitizing any manufacturing or supply chain process is analysis of the ROI and business case and being able to demonstrate success to company leaders.