DMG Mori USA announced the appointment of James V. Nudo as the new president of the company as of Dec. 7, 2017. Nudo has been with DMG Mori USA for more than 14 years and has served as executive officer of DMG Mori USA and executive officer of the International Legal Department and International Human Resources Department for DMG Mori CO. Ltd.
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October US cutting tool consumption totaled $198.00 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report (CTMR) collaboration, was up 13.2 percent from September’s $174.92 million and up 17.2% when compared with the $169.00 million reported for October 2016. With a year-to-date total of $1.835 billion, 2017 is up 8.0% when compared with 2016.
Tool presetting machines are a wise investment for machine shops that want to increase their machine utilization. Idle machine tools are often indicators of inefficient machining operations, and stopping a machine tool for any reason is synonymous to losing profits.
More than 4,600 cutting tools items from M.A. Ford (Davenport, IA) are listed on MachiningCloud (Camarillo, CA), with more to come. M.A. Ford manufactures standard, high performance and custom cutting tools with worldwide manufacturing and distribution facilities. MachiningCloud is a product data provider for cutting tools, CNC machines and workholding.
Waterjet technology, cutting materials with a jet of water, is proceeding down two parallel paths. The first involves more advanced machines, operating with more sophisticated software finding the right mix of pressure and speed, producing parts faster.
Fabrisonic, Now 6 Years Old, Moves to Develop New Processes, Materials
The manufacturing industry has lost another of its giants, with the news that Dick Morley, considered the “Father of the PLC,” an SME Fellow and former SME board member, passed away on Oct. 17 in New Hampshire at the age of 84.
The Ceratizit Group (Mamer, Luxembourg) acquired the Komet Group (Besigheim, Germany) on Oct. 12, 2017. The transaction is still subject to the approval of antitrust authorities.
In auto racing, small details have a major impact on success—a concept very familiar to performance racing parts provider Oliver Racing Parts (Charlevoix, MI). Oliver produces performance connecting rods for the world’s leading engine builders.
At EMO Hannover 2017 there were many new cutting tool products showcased, plus there were new cutting tool developments for approximately 130,000 attendees to learn about.