Industrial M&A Falls in 2019 January 27, 2020 Industrial merger and acquisition activity fell in 2019 because of slowing economies and trade uncertainty, consulting firm PwC said in a report.
Ten Safety Tips for Oil and Gas Industry Workers November 21, 2018 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.
Adopting MBD is About More Than Technology January 4, 2019 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.
Shop Roots Out Long Set Up Times with Advanced Automation December 7, 2018 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.
Reaching, Attracting and Engaging Rising Talent February 11, 2019 The growing skills gap is causing trepidation among manufacturers and the lack of millennials building careers within the industry is part of the concern.
Lean Manufacturing and Industry 4.0 October 18, 2017 At UGN, one of our core operating principles is sustainability. That means minimizing waste to improve efficiency, add value, and refine the manufacturing process for our automotive products when and where we can.
Bill Ford’s Third Act: Fighting for Automaker’s Future, His Own Legacy August 11, 2017 Bill Ford, executive chairman of Ford Motor Co., is now in Act III in his career at the automaker. The outcome will determine Ford Motor’s future and his legacy.
Fast, Flexible Fixturing May 2, 2017 Secure, accurate workholding sets the stage for consistent machining productivity. Depending on the parts and processes involved, workholding can be as simple and temporary as a plain vise or clamp or as complex and permanent as a machined and fabricated fixture that is custom-designed to hold a unique part.
Faurecia Goes All In on Industry 4.0 October 18, 2016 Automotive supplier Faurecia (Nanterre, France) decided it needed to get serious about Industry 4.0 fast.
How A Vendor Managed Inventory System (VMI) Benefits Business April 12, 2016 When a manufacturer has excess inventory not adding value to the process, the inventory is hurting the company’s balance sheet, and is by definition wasteful.