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February US cutting tool consumption totaled $190.12 million according to the US Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.

At the Digital Manufacturing and Design Innovation Institute (DMDII) in Chicago on March 27, Siemens demonstrated its approach to the “Fourth Industrial Revolution.” At its annual U.S. Innovation Day, Siemens demonstrated real-world applications of digital solutions that it says will reduce costs, increase speed, develop new business models, and improve quality of life.

Fives Machining Systems, Inc., a global machine tool and complete manufacturing solutions provider, has acquired Konecranes Machine Tool Service division.

DMG Mori USA announced the appointment of James V. Nudo as the new president of the company as of Dec. 7, 2017. Nudo has been with DMG Mori USA for more than 14 years and has served as executive officer of DMG Mori USA and executive officer of the International Legal Department and International Human Resources Department for DMG Mori CO. Ltd.

Waterjet technology, cutting materials with a jet of water, is proceeding down two parallel paths. The first involves more advanced machines, operating with more sophisticated software finding the right mix of pressure and speed, producing parts faster.

The EMO Hannover 2017 theme of “Connecting Systems for Intelligent Production” meant that many exhibitors were demonstrating connectivity solutions, data analysis applications and innovative services.

In auto racing, small details have a major impact on success—a concept very familiar to performance racing parts provider Oliver Racing Parts (Charlevoix, MI). Oliver produces performance connecting rods for the world’s leading engine builders.

Manufacturers need to embrace artificial intelligence to make their operations more efficient, a consultant said.

Yamaha Motor Co., Ltd., a manufacturer of diverse motorized products in Japan, has selected Siemens to provide product lifecycle management (PLM) software to support its digitalization initiative.

Vericut 8.1 includes a new additive manufacturing [AM] module that simulates additive and hybrid machining processes used in any order, and on any brand NC machine. AM has reached a maturity level and has proven to be a valuable addition to manufacturing strategies.