2019 U.S. Cutting Tool Orders Close at $2.4 Billion February 24, 2020 December 2019 U.S. cutting tool consumption totaled $187.2 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
Trust and Truth: How Blockchain is Forming the Foundation of the Next Manufacturing Renaissance February 6, 2020 Amid predictions of global economic slowdowns and several recent PMI readings indicating manufacturing contraction, it becomes easy to see how slow production performance and data inefficiencies throughout the manufacturing supply chain contribute to economic uncertainty and concerns for future business.
Fastems Launches Digital Manufacturing Solutions to Teach Automation to Students and Employees February 4, 2020 Fastems LLC has launched three new products to enable educational institutions and manufacturing enterprises to benefit from its advanced Digital Manufacturing (DM) solutions for factory automation. In addition to functioning as a classroom teaching and learning tool, DM enables companies to do training and testing before ramp-up and simulation during production.
Kennametal Announces Executive Leadership Changes February 3, 2020 Kennametal Inc. has announced two changes to its executive leadership team. These leadership moves are designed to drive profitable growth and continue to advance the company's strategy and transformation, according to a Kennametal statement.
20 women making their mark in aerospace and defense February 13, 2020 Because of governments’ undying devotion to research and development investments that bolster military capabilities, aerospace & defense represents the leading-edge market segment in smart manufacturing.
Liebherr to Celebrate 50th Anniversary in the U.S. January 30, 2020 In 2020, Liebherr will be celebrating 50 years of manufacturing its products in North America. With its 50th anniversary theme “United by Success,” the manufacturer says it remains focused on its commitment to U.S. customers.
Boeing Posts Quarterly, Full-Year Loss on 737 Max January 29, 2020 Boeing Co. today reported a fourth-quarter loss and its first full-year loss since 1997 as the financial impact of the 737 Max crisis expanded.
Big savings, quick ROI materialize with the use of AR January 30, 2020 Using augmented reality, a Scope AR customer building titanium panels for the Orion space capsule in 2018 saved $1 million the first day.
Japanese firm embraces edge computing after experiment January 28, 2020 The Internet of Things (IoT) market is estimated to reach 75 billion devices worldwide by 2025. With the big increase in connected devices, it’s becoming more critical than ever for manufacturers to leverage new technologies, such as edge computing, to gather, process and manage IoT data.
4 questions to ask as you decide on an IIoT solution January 27, 2020 You’ve done it: Everyone is on board with a digital transformation. So where do you go from here? The next major decision in the process is determining whether you build an IIoT (Industrial Internet of Things) solution or hire a solutions provider to complete the project on your behalf.
