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Shop Roots Out Long Set Up Times with Advanced Automation

Erik Anderson, president and CEO of Basin Precision Machining LLC, has determined that setups are the root of all evil when it comes to manufacturing productivity. They cause part variations, downtime, and high-percentage scrap rates.

Dassault Systèmes Acquires IQMS for $425M

Dassault Systèmes (Euronext Paris: #13065, DSY.PA) today announced that it has entered into a definitive agreement to acquire IQMS, a leading manufacturing ERP software company, for $425 million. With the acquisition of the California-based IQMS, Dassault Systèmes extends the 3DEXPERIENCE platform to small and midsized manufacturing companies seeking to digitally transform their business operations.

Adopting MBD is About More Than Technology

There is a lot of promise in the coming adoption of Model-Based Definition (MBD) in industry. MBD is the practice of attaching useful information to a 3D CAD model, such as tolerances or material properties. This should be especially good news for manufacturing engineers.

Ten Safety Tips for Oil and Gas Industry Workers

Workers in the oil and gas industry continue to be one of the groups at the highest risk of injuries and fatalities on the job compared to all other U.S. industries. The most recent data from the Bureau of Labor Statistics (2015) revealed that out of 120 workplace deaths in the mining, oil, and gas extraction industry, 74 of them occurred within the support activities for oil and gas operations.

Advanced Lasers Meet Diverse Needs of Tooling Group

Advanced laser technology has been instrumental in making the four affiliated companies of the Diversified Tooling Group, Madison Heights, Mich., into a leading supplier of single-source manufacturing solutions to the automotive, heavy truck, defense, industrial equipment, power generation, rail and foundry industries.

Industrial M&A Falls in 2019

Industrial merger and acquisition activity fell in 2019 because of slowing economies and trade uncertainty, consulting firm PwC said in a report.