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Acquisition to Position PTC as CAD and PLM Industry Transitions to Software-as-a-Service (SaaS)

Don’t make the mistake of thinking that turning large metal parts—like 10,000-lb (4,536 kg) work rolls, for example—is no different than turning smaller parts.

As I walked the floor this spring at North America’s largest trade show for automation technologies, Industry 4.0 was on everybody’s lips. One of the more complex of our industrial revolutions, Industry 4.0 has been about the Internet of Things: digitizing and connecting things.

With an influx of investment in digital factories, the playing field is changing and the ROI for digitizing production is becoming ever more apparent. However, restraints, such as company size and a disconnect between IT and OT, means the road to a successful digital transformation is one very few will be able to do alone.

For years, companies have struggled to understand how additive manufacturing (AM) can add value to their businesses. This makes sense because for a long time, additive tech didn’t meet the threshold for producing industrial-grade parts.

The second level of machining automation is here. It may not be at every shop or factory yet, but it’s coming.

Durable goods orders rose in October, paced by an increase in orders for fabricated metal products, the U.S. Commerce Department said.

Manufacturers of all sizes see an uptick in productivity after adding a factory within a factory via an automated machining cell. The cells are small-scale, clearly defined production units, often for a family of similar parts or a product, and they typically include a robotic arm and one or more machine tools. These can include horizontal and vertical lathes, machining centers and grinders. The cell may also include a conveyor component.

Methods Machine Tools Inc., a supplier of precision machine tools and automation, announced that its Board of Directors has appointed Mark Wright as its President and Chief Executive Officer effective September 13, 2019. Wright will assume all operating functions of Methods Machine Tools Inc., including the Sudbury headquarters and all seven direct offices throughout the United States as well as its national distribution network.

Midway between Houston and Austin sits Brenham, Texas, home to Blue Bell ice cream and the world’s largest BBQ pit. Within this smallish town you’ll find a not-so-small contract manufacturer, MIC Group LLC.