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.
How to save a cool $100 million. Each year. August 8, 2017 A major aerospace equipment manufacturer struggled to balance supply and demand. The failure resulted in long lead times, high inventory, rising costs and an inability to meet customer demand. The manufacturer risked loss of market share.
Allied Machine & Engineering Launches New Training Department August 6, 2017 Allied Machine & Engineering, a leading tooling manufacturer of complete holemaking solutions, has launched its new engineering training department, which provides hands on education programs for new employees, end users and distributors.
IoT Tech Accelerates Among Manufacturers: Survey July 25, 2017 Manufacturers are accelerating use of Internet of Things (IoT) technology, according to a survey of 66 companies.
Doosan Machine Partners with 5ME Cryogenics Machining July 17, 2017 5ME (Warren, MI) and Doosan Machine Tools America (DMTA: Pine Brook, NJ) have joined forces to showcase the advantages of cryogenic machining.
FCA, Toyota, Faurecia, AP&T Win Lightweighting Awards July 31, 2017 Altair and the Center for Automotive Research (CAR) have announced the winners of the 5th annual Altair Enlighten Award, which strives to promote and celebrate innovation in automotive lightweighting.
Welcome to the team sport of condition monitoring July 25, 2017 Condition monitoring is exploding. All manufacturers of any type of equipment are putting sensors in their machines,” said Michael Fry, a director with CIMdata.