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Rod Zimmerman of cutting tool manufacturer Iscar Metals lives in a pleasant green zone in a Fort Worth suburb. Yet within a half mile of his home, an oil company has sunk a vertical hole 7,500′ (2,286 m) deep, from which it has splayed nine lateral lines, each going about half a mile.

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.

Drilling advancements have spurred the evolution of oil and gas operations from simplistic single-well pad fields to more complex multi-well pads. Today, many producers are using fracking and lateral drilling techniques to place 10 or more wells on one pad.

With larger turbine components, compared to automotive and aerospace, plus assembly challenges, new machining technologies are gaining popularity. The conventional milling and broaching techniques in turbine blade machining, with the high tooling costs and abrasive flow issues, are fast fading, as modern assembly methods continue to drive machining tolerances to new heights

The focus on digitalization in design and machining has highlighted the importance and advantages of more sophisticated digital tool management (DTM) systems. While this has generated a great degree of differentiation, and some confusion regarding a generally accepted system definition, it has resulted in the evolution of objectives and capabilities that are both more comprehensive and more customer-centric.

The International Federation of Robotics (IFR) in 2016 showed unit sales figures in 2015 up 15% on the year before, reaching an all-time high of 253,748. Since 2010, technical improvements in robots and automation have turbocharged investment, according to the report.

Various industries are still struggling with automation despite long-standing efforts, consulting McKinsey & Co. said in a report.

According to CIMdata’s latest report, Mastercam is the No. 1 CAM software used worldwide. CIMdata also ranked Mastercam’s global support network as the largest in the field of CAM.

Universal Robots (UR, Odense, Denmark) was one of the pioneers of today’s modern field of collaborative robots (cobots) with the launch of the UR5 robot in 2008, however the company didn’t rest on its laurels at IMTS 2018 in Chicago.

Increases in size and quantity of its orders led Wisconsin-based auto parts manufacturer Felss Rotaform LLC (New Berlin, WI) to expand operations through a new dual-robot machine-tending cell. The company is a supplier of precision parts using its rotary swaging, axial forming and tube end-forming processes.