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Two of the essential characteristics of any successful machine shop are speed and accuracy, but depending on the application, they can be relative terms.

FANUC and Rockwell Automation formed a coalition to address skills gap issues with work and apprenticeship programs.

November 2020 U.S. cutting tool consumption totaled $151.3 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.

The Ceratizit Group has won the 2020 Innovation Award of the FEDIL business federation in the ‘Process’ category for the development of a new process for the additive manufacturing of tungsten carbide-cobalt.

Now on its third generation of family ownership, Tapmatic Corp. of Post Falls, Idaho, continues to thrive, and surprise.

The Industry 4.0 & Smart Manufacturing Adoption Report by IoT Analytics suggests that Industry 4.0 technology uptake is still low among manufacturers.

The new i-ONE system of exchangeable micrograin carbide drill inserts and premium tool steel holders with coolant channels is based on coating advances and optimized designs for higher tool life and changeover speed, according to tool manufacturer YG-1.

GWS Tool Group has acquired Taurus Tool & Engineering. Taurus, based in Batavia, Illinois. It is the first acquisition in 2021 for GWS Tool Group, following three previous acquisitions in 2020.

For today’s industrial cutting tool manufacturers there is a continuous and increasing demand for faster cycle times, better asset utilization, tighter tolerances and improved quality. Running a successful manufacturing facility takes more than acquiring the latest state- of-the-art equipment and the most advanced grinding technology.

Industry 4.0 is often referred to as smart manufacturing, where technology enables interconnectivity for machines and manufacturing software and systems. It also provides “Big Data,” increased visibility and remote access to manufacturing assets.