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With the number of offline and in-process toolsetting options on the rise, developing a way to efficiently utilize this technology can be confusing. Which presetter should we buy? What about the software that’s so often part of these systems—do we really need it?

Hats off to tool manufacturers! They make some of the most geometrically complex products out of the toughest materials and with the tightest tolerances. And yet cutting tools represent only 3% of the total cost of the average metalworking process.

There is no real problem with threading a pipe. Most DIY types can do it in their workshop with hand tools, but when the pipe is 40′ long and ordered by the ton, you are in oil country. Pumping crude oil out of the ground requires drill pipe, casing, tool joints, tees, crosses, flanges, and couplings. All those items need to be machined. And that takes specialized workholding.

One of the great benefits of solid round cutting tools is the ability to resharpen them after heavy use. Done right it’s like having a cat with nine lives: Dull…then like new. Dull again…and like new again. And since the cost to recondition solid tools is generally lower than the cost to replace them, there’s an economic benefit. The question then becomes what’s the best way to achieve the greatest possible benefit?

In a perfect CNC world, the first part is always a good one. There’s no need for extra blanks or barstock. Setup times are only as long as is needed to swap out a few tools and load a new program. There’s never a crash, never the need to reprogram an inefficient bit of code. The operator just pushes the green button and out pops a finished workpiece minutes or hours later.

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.

One thing remains clear about IMTS 2018: Solutions to virtually every conceivable tool holding or workholding challenge could be found, if visitors to the exposition took the time to walk aisle after aisle in search the latest advanced technology, whether in the supplier’s booth or at work on machines in builder booths.

Humatics Corp. and Eckhart Inc. this week demonstrated a new factory automatic guided vehicle (AGV) capable of changing routes on the fly.

You don’t have to be an engineer to appreciate the solutions for the tooling or workholding challenges that shops will bring to exhibitors when attending IMTS 2018. One thing is certain you’ll never have a better time to find suppliers of advanced tooling and workholding technology under one venue like McCormick Place.