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The contraction in the manufacturing economy deepened last month, the Institute for Supply Management said today.

Rollomatic Inc., a subsidiary of Rollomatic Holding Switzerland, announced the appointment of Joe Kane as CEO of Rollomatic Inc. as of Jan. 1.

ARCH Cutting Tools Corp. announced the acquisition of Custom Carbide Cutter Inc.

Methods Machine Tools Inc. (Sudbury, MA), a leading supplier of precision machine tools, 3D printing technology and automation, recently introduced an automation cell designed to greatly boost 3D manufacturing throughput.

Kennametal Inc. (Pittsburgh) announced June 29 that its board of directors has appointed Christopher (Chris) Rossi as president and CEO and has named him a director. Rossi succeeds Ron De Feo, whom the board has appointed executive chairman. Both appointments are effective August 1.

Overall, there are two overriding customer needs: reducing cycle time and machine downtime. They want higher feed rates and depth of cut for greater metal removal.

Today’s products require high finishes, burr-free edges, freedom from contamination, and often close tolerances. Electropolishing provides all of those conditions and more in a matter of seconds for many metal parts. It is a process that has been used for more than a hundred years. It is widely known and the science is widely discussed, but its ability to run job shop lots and high-precision high-volume parts in the same equipment makes it a bit unique.

To remain competitive in the fiercely contested North American automotive industry, the New United Motor Manufacturing Inc. (NUMMI, Fremont, CA) assembly plant, a joint venture between Toyota Motor Corp. (Aichi Prefecture, Japan) and General Motors Corp. (Detroit), has rededicated its efforts in lean manufacturing during the past few years by applying key tenets of the Toyota Production System (TPS). 

It is reported that, not too long ago, before the current precipitous decline in machine-tool shipments, the number of 30-taper machines that were being manufactured and sold in Japan had surpassed the numbers of 40-taper and 50-taper machining centers.

Manufacturers face a difficult task juggling the current “innovation agenda.” Today, the Industrial Internet of Things (IIoT), robotic automation and artificial intelligence (AI) are all poised to be the next big thing.