Caterpillar Profit Falls as Product Demand Drops October 27, 2020 Caterpillar Inc., the maker of heavy construction and mining equipment, today reported a sharply lower third-quarter profit as demand for the company’s products dropped.
Reshoring Operations in the Age of COVID-19: Part One October 27, 2020 In March 2020, the World Health Organization officially declared the novel coronavirus outbreak a pandemic. Manufacturers are dealing with the fact that the virus has exposed the fact that many domestic brands rely significantly upon China for fulfilling some, part, or nearly all, of their supply chain.
GWS Tool Group Acquires STF Precision October 26, 2020 GWS Tool Group acquiring STF Precision marks GWS’ third add-on acquisition in 2020.
Safe Handling of Flammable Chemicals Requires Effective Transfer Systems October 26, 2020 In manufacturing, potentially flammable and hazardous chemicals such as acetone and isopropyl alcohol are often stored in 55-gallon or larger drums for dispensing into smaller containers or at the point of use.
Thread Mills Take on Tough Materials October 23, 2020 When it’s time to put threads in parts, particularly those made of difficult-to-machine materials, thread mills are often the right choice. Thread mills cut threads with a cutting head typically smaller than the hole, unlike taps that are sized to match the hole diameter.
Vibratory Feeders in the Manufacturing Industry October 22, 2020 Vibratory feeding and conveying equipment has been used in the manufacturing industry for several decades to move fine and coarse materials into mixers, furnaces, production processes or final containers.
Rising to Toolholding Challenges October 21, 2020 Difficult materials and high-speed machining don’t just present problems for cutting tools. They can also push toolholders to their limits—and beyond. So manufacturers offer a variety of products designed to get the toolholding job done under extreme machining conditions.
August 2020 U.S. Cutting Tool Orders Down 0.2% from July 2020 October 21, 2020 August 2020 U.S. cutting tool consumption totaled $136.1 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
Neurala Announces Strategic Partnership with IMA Group October 20, 2020 Vision AI software company Neurala announced a new strategic partnership with global manufacturing leader IMA Group.
ROKiT MADE to Build Largest e-Bike Factory in the United States October 19, 2020 ROKiT MADE, is building what it calls the largest e-bike manufacturing facility in the United States. ROKiT MADE’s campus, called the “ORB,” is slated to open in 2021. ROKiT MADE has committed the necessary funds to building the infrastructure and ORB campus and plans to merge with a SPAC.