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.
General Carbide Acquires Automotive Tooling Supplier, Only Tool January 23, 2018 General Carbide Corp. (Greensburg, PA) has purchased automotive tooling supplier Only Tool (Ypsilanti, MI). Only Tool has developed its expertise in cold-form tool manufacturing under the leadership of co-owners Ray Fender and Mick Ruffolo, who, under terms of the agreement, will continue to operate the business.
Machine Tool Orders Post Mixed Results in November January 15, 2018 Machine tool orders posted mixed results in November, slipping a bit on a monthly basis while recording a solid gain compared with a year earlier, according to a monthly report by the Association for Manufacturing Technology (McLean, VA).
Heading Off the Inevitable Hack Attack October 10, 2017 Manufacturers must wrestle with the “Black Hats” of the cyberworld in order to keep processes secure
With Heavy Vehicles, Self-Driving Is Old Hat October 9, 2017 The auto industry’s biggest current focus is self-driving cars. Established automakers as well as technology companies such as Apple Inc.
A 3D Printing Startup Grows Up October 30, 2017 Fabrisonic, Now 6 Years Old, Moves to Develop New Processes, Materials
SME Chief Warns of ‘Silver Tsunami’ Facing Manufacturing October 10, 2017 Manufacturing faces an even larger shortage of skilled workers as older employees retire over the next few years, the head of SME said in a speech today.
Seeing Shop-Floor Steps Clearly Helps Workers Quickly Learn on the Job November 30, 2017 VKS [Visual Knowledge Share] develops an electronic work instruction solution designed to improve quality, productivity, and efficiency.
Keeping Manufacturing Assets Safe in the Cloud November 28, 2017 With the right cloud-based security tools, manufacturers can lock down and seal off factory-floor equipment from would-be hackers
Bridging the Digital Transformation Divide with Advanced Manufacturing Analytics January 9, 2018 Q&A with Jon Sobel, co-founder and CEO of Sight Machine located in both San Francisco, CA and Ann Arbor, MI.