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Walter to Acquire GWS Tool Group

Walter has signed an agreement to acquire the U.S.-based GWS Tool Group, a manufacturer of solid carbide endmills and drills as well as HSS taps and PCD products.

Methods Machine Tools to Acquire Koch Machine Tool

Methods Machine Tools has signed an agreement with an intent to acquire Koch Machine Tool, a machine tool dealer and Methods’ avenue into the Texas machining market since 2010. Methods anticipates a definitive agreement by January 1, 2022.

AutoML 2.0: Making AI in manufacturing simple

Managing sensor performance has become a must-have for manufacturers. The advent and rapid adoption of IoT technology, enabling smart manufacturing systems, has created a two-fold scenario. Intelligent systems at once provide for near-real-time systems monitoring and create a new prediction problem.

The Challenge of Implementing New Technology

Many organizations struggle with applying new technology in their manufacturing operations. SME conducted the Manufacturing Technology Harmonization Study to understand how companies approach this challenge of integrating smart manufacturing, big data, and both new and old capital equipment in a cost-effective and practical implementation.