US Cutting Tool 2017 YTD Consumption up 7.1% in July September 14, 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.
Yamaha to Deploy Siemens Software September 7, 2017 Yamaha Motor Co., Ltd., a manufacturer of diverse motorized products in Japan, has selected Siemens to provide product lifecycle management (PLM) software to support its digitalization initiative.
Busting the Myths about Artificial Intelligence August 21, 2017 Manufacturers face a difficult task juggling the current “innovation agenda.” Today, the Industrial Internet of Things (IIoT), robotic automation and artificial intelligence (AI) are all poised to be the next big thing.
New High-Speed Cutting Strategies Help Programmers Improve Machining Operations August 21, 2017 As with all Open Mind upgrade releases, hyperMill 2017.2 has a broad range of new technologies and enhancements. This release covers 2.5D through five-axis milling, mill-turn and new modules such as the hyperCAD-S Electrode module.
Allied Machine & Engineering Launches New Training Department August 6, 2017 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.
IoT Tech Accelerates Among Manufacturers: Survey July 25, 2017 Manufacturers are accelerating use of Internet of Things (IoT) technology, according to a survey of 66 companies.
Doosan Machine Partners with 5ME Cryogenics Machining July 17, 2017 5ME (Warren, MI) and Doosan Machine Tools America (DMTA: Pine Brook, NJ) have joined forces to showcase the advantages of cryogenic machining.
Northrop Grumman Lands $9.6-M Navy Torpedo Contract July 6, 2017 The U.S. Navy has awarded Northrop Grumman Corporation (NYSE: NOC) a $9.6 million contract, with options up to $40.5 million, to produce the Transducer Array/Nose Shell Assembly of the MK 48 heavyweight torpedo.
Kennametal Names Christopher Rossi CEO June 29, 2017 Kennametal Inc. (Pittsburgh) announced June 29 that its board of directors has appointed Christopher (Chris) Rossi as president and CEO and has named him a director. Rossi succeeds Ron De Feo, whom the board has appointed executive chairman. Both appointments are effective August 1.
Seco Opens Doors to Media for Niagara Cutter June 15, 2017 Since acquiring Niagara Cutter in 2010, Seco has invested $7 million to upgrade Niagara Cutter’s manufacturing plant and equipment in Reynoldsville, PA, with another $25 million slated to be invested over the next three years.
