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Durable goods orders increased in September on transportation equipment, the U.S. Commerce Department said today.

Caterpillar Inc., the maker of heavy construction and mining equipment, today reported a sharply lower third-quarter profit as demand for the company’s products dropped.

Peter Drucker, known as the father of modern management, was quoted in a 2006 article in Forbes as saying, “Because the purpose of business is to create a customer, the business enterprise has two—and only two—basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs.”

Your father’s Oldsmobile may be long gone but his B-52 is still pulling missions, and they haven’t built the “BUFF” (Big Ugly Fat Fellow) since 1962. The last KC-135 tanker was built in 1965. Besides aging warbirds (the average plane in the US Air Force is over 28 years old) there are hundreds of ancient civilian airliners carrying friendlier payloads everyday. The key to doing this safely is of course excellent maintenance and periodic upgrades. Laser scanning plays an essential role.

In addition to carbide, ceramics, and cermet, the drive to create the hardest possible cutting tool materials has given us the alphabet soup of PCD, PCBN, CVD-D, and MCD (polycrystalline diamond, polycrystalline cubic boron nitride, chemical vapor deposition diamond, and mono-crystalline diamond, respectively).

Strong 2016 earnings among top industrial laser providers, continued brisk adoption of fiber lasers, cheaper ultrafast lasers, and a host of novel applications and notable corporate acquisitions signal a big year ahead for photonics-based manufacturing.

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.

Although laser welding is a well-established manufacturing solution, many sheetmetal fabricators have been hesitant to implement the process at their shop.

As both robots and lasers improve their capabilities, they prove to be even better partners in more applications

Cutting tool maker Shape-Master Tool Co. (Kirkland, IL) needed to expand its tool grinding capability beyond that of its conventional machines or run the risk of losing work to the competition.