US Cutting Tool 2017 YTD Consumption up 8.0 % in October December 13, 2017 October US cutting tool consumption totaled $198.00 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report (CTMR) collaboration, was up 13.2 percent from September’s $174.92 million and up 17.2% when compared with the $169.00 million reported for October 2016. With a year-to-date total of $1.835 billion, 2017 is up 8.0% when compared with 2016.
New Generation 3D Lasers Grow Metro-Detroit Job Shop November 2, 2017 Sometimes succession of a family business from one generation to the next doesn’t always go as planned. Take, for example, Laser Specialists Inc. (Fraser, MI). Incorporated in 1986, the company was positioned at the forefront of laser cutting technology.
Cutting Tool Manufacturer Ceratizit Acquires Komet Group October 16, 2017 The Ceratizit Group (Mamer, Luxembourg) acquired the Komet Group (Besigheim, Germany) on Oct. 12, 2017. The transaction is still subject to the approval of antitrust authorities.
A 3D Printing Startup Grows Up October 30, 2017 Fabrisonic, Now 6 Years Old, Moves to Develop New Processes, Materials
US Cutting Tool 2017 YTD Consumption up 7.1% in July September 14, 2017 July US cutting tool consumption totaled $170.95 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report (CTMR) collaboration, was down 8.4 percent from June’s $186.57 million but up 16.0 percent when compared with the total of $147.43 million reported for July 2016.
Allied Machine & Engineering Launches New Training Department August 6, 2017 Allied Machine & Engineering, a leading tooling manufacturer of complete holemaking solutions, has launched its new engineering training department, which provides hands on education programs for new employees, end users and distributors.
Doosan Machine Partners with 5ME Cryogenics Machining July 17, 2017 5ME (Warren, MI) and Doosan Machine Tools America (DMTA: Pine Brook, NJ) have joined forces to showcase the advantages of cryogenic machining.
Jenoptik Opens New Automotive Technical Center June 15, 2017 Metrology developer Jenoptik AG (Jena, Germany) on Thursday officially opened its new North American technology campus here that will focus on the industrial metrology and laser processing systems used primarily by its automotive OEM and Tier customers.
Programming Time Taken Saves Setup, Tooling Costs May 2, 2017 At Jaktool LLC (Cranbury, NJ), a team of young inquisitive engineers is investing the time to explore the full potential of its manufacturing software and machines to take on the complex jobs no one else wants. Using Mastercam CAD/CAM programming software from CNC Software Inc. (Tolland, CT), Jaktool is able to save setup times and tooling costs, and reduce cycle times, while delivering exceptional customer service to a diverse cross section of industries.
Technology Tailored to Shop’s Machining Needs May 2, 2017 You don’t have to look too far to find tooling presetters that fit the machining requirements of just about any size shop. The value of off-line tool presetting—rather than stopping machine spindles to touch off tools as machines sit idle—continues to prove itself invaluable, especially to the smallest first-time user shops.
