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Manufacturers are always looking for signs of what the economy and the business outlook have in store for them. Since the election of President Trump and, more recently, passage of the tax reform law in December, confidence among businesses of all sizes has been overwhelmingly positive.

Despite the addition of more than 750,000 CNC mills in the past 15 years in the US, CNC machining job shops often hover at the bottom of the totem pole, where there’s little room for error as most bids are won by a 1–2% price variance.

Shrink-fit toolholding is a simple concept—an induction coil is adjusted and fits over the top of the toolholder. The induction coil heats the toolholder end of the shrinker, expanding the inside diameter, which opens the engagement bore (IDs of shrink-fit toolholders are smaller than the shank diameter of the cutting tool).

As machining has evolved, toolholders have advanced to include rigid, secure systems with anti-pullout protection. These advanced systems are needed to take on difficult-to-machine materials, such as titanium and heat-resistant superalloys (HRSA), and accommodate ambitious removal rates and long tool overhangs. Think of them as insurance against tool pullout and breakage—a situation nobody wants.

Industry veterans often say the makers of machine tools, cutting tools, CAD/CAM software, and other components push each other in an endless feedback loop to deliver ever faster cutting speeds in ever harder materials. Lately it’s the cutting tool manufacturers who seem to be leading the charge. Let’s see what they’re up to.

In the early days at CNC Software, we saw that our Mastercam CAD/CAM system was only part of a larger manufacturing solution and that an open architecture foundation could allow seamless data communication with complementary devices and systems across the shop floor.

It’s said you don’t know where you’re going if you don’t know where you’ve been. For Industry 4.0 and advanced manufacturing, digital libraries provide that map.

On race day, everybody sees the race on TV, but behind the scenes there’s a competition going on between shops where time is everything, according to Matt Gimbel, Team Penske’s production manager.

I’m among the first to dive into the latest manufacturing innovations and see how they can improve our customers’ operations. Yet, I’m also among the first to advise them to pause and ensure that the fundamentals of their manufacturing processes are in place before adding something new into the complex mix of functionality and desired outcomes.

Machine tool orders began 2018 with mixed results, dropping from December but posting a surge on a year-over-year basis, the Association for Manufacturing Technology (McLean, VA) said in a monthly report.