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.
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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.
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.
At UGN, one of our core operating principles is sustainability. That means minimizing waste to improve efficiency, add value, and refine the manufacturing process for our automotive products when and where we can.
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.
Cutting tool and tooling system specialist Sandvik Coromant (Sandviken, Sweden and Fair Lawn, NJ) is the official sponsor and exclusive tooling partner for seven skills competitions at WorldSkills Abu Dhabi, to be held in October 2017.
July US cutting tool consumption totaled $170.95 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 down 8.4 percent from June’s $186.57 million but up 16.0 percent when compared with the total of $147.43 million reported for July 2016.
Bill Ford, executive chairman of Ford Motor Co., is now in Act III in his career at the automaker. The outcome will determine Ford Motor’s future and his legacy.
Allied Machine & Engineering, a leading tooling manufacturer of complete holemaking solutions, has launched its new engineering training department, which provides hands on education programs for new employees, end users and distributors.