German industrial machine manufacturer Trumpf posted €5.4 billion in sales as the company turns 100.
AI and IIoT technologies are revolutionizing advanced manufacturing, tackling labor shortages, optimizing production, and reducing costs, with real-world success stories highlighting substantial improvements in efficiency and productivity.
CRT, a turbine repair firm, is working with Tooling U-SME to educate its workforce. With more than 300 different courses in machining and an extensive library available in welding and inspection, CRT is pleased with the breadth of content.
While precision, part programs and productivity have improved markedly, the basic process is still the same.
BLM GROUP USA has added more processing power to its LS5 and LC5 flat sheet laser cutters with the new option of a 10kW fiber laser source.
Shifts in microchip-making to aid automotive, medical
More than 70 years after the first CNC lathe, toolroom models are as useful as ever.
Because its president saw opportunities to improve efficiency and an immediate need to make up for capacity lost due to impending worker retirements, Daiwa Steel Tube is set to save more than $1 million a year.
Sandvik has signed an agreement to acquire 67 percent of Chuzhou Yongpu Carbide Tools Co., Ltd, a China-based maker of solid round tools, with a call option to buy the remaining part in three years.
Sudhi Bangalore, chief technology officer for global operations at the tool giant Stanley Black & Decker, champions the global movement toward smart manufacturing.
