US Cutting Tool 2017 YTD Consumption up 8.0 % in October December 13, 2017 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.
Products from Three Additional Tool Companies Available on MachiningCloud November 20, 2017 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.
Metrology Tools for Medical: A New Focus on Vision Systems November 6, 2017 Metrology for medical devices needs to become more capable as those devices get more varied and complex. Manufacturers must inspect dental implants, coronary stents, orthopedic joints, and implanted electronic devices. Surgeons are increasingly using intricate, sometimes one-off, surgical tools. There is also a growing number of consumable items, such as hypodermic needles, made on rapid production lines. They all need ever more precise quality control.
A 3D Printing Startup Grows Up October 30, 2017 Fabrisonic, Now 6 Years Old, Moves to Develop New Processes, Materials
United Grinding North America Inc. Opens Its New HQ Facility October 30, 2017 United Grinding North America Inc. will officially open the doors of its new 110,000-sq.ft. headquarters in Miamisburg, (OH) on Nov. 3. The new ultramodern facility brings together under one roof the company’s cylindrical, surface, and profile grinding business units as well as its automation and rebuilding departments with the staff from its tool and cutter grinding machines and measurement systems sectors which were formerly located in Fredericksburg, (VA).
Remembering a Manufacturing Legend, Dick Morley October 20, 2017 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.
Cutting Tool Manufacturer Ceratizit Acquires Komet Group October 16, 2017 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.
Metrology Tools for In-Process Inspection October 12, 2017 While suppliers are under more pressure than ever to produce precision parts faster and with less scrap, in-process metrology means manufacturers can detect as soon as possible when a part is going wrong, correcting the issue quickly and saving it from scrap.
Sandvik Coromant Supports Vocational Training through WorldSkills September 18, 2017 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.
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.
