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.
Kuka Showcases Robotic Demos at TechCenter Grand Opening December 12, 2017 Kuka Robotics Corp. held a grand opening of its new Metal & Arc TechCenter at its 80,000-sq.-ft. Shelby Township, MI, headquarters, Nov. 29-30. The grand opening featured 13 live robotic automation demonstrations, tours of the new TechCenter, and presentations on new technology.
Wisconsin Sensors and Controls Strategy Targets $1.4 Trillion Advanced Energy Sector January 18, 2018 Wisconsin could capitalize on its strengths in sensors and controls to drive economic growth and support over 44,000 jobs annually in the advanced energy industry. That’s the conclusion of a report from “The Wisconsin Jobs Project: A Guide to Creating Jobs in Sensors and Controls for Advanced Energy.”
SPONSORED CONTENT BY Schneider Electric: A Simple Solution for CNC-Controlled Processing Machines October 24, 2017 Alpha Laser, based in Puchheim, near Munich, Germany, specializes in laser-based processing technology, and Schneider Electric, headquartered in Andover, MA., is Alpha Laser’s automation partner for its semiautomatic and fully automatic machines, including a CNC-controlled universal machine for manufacturing sensors.
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.