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US Cutting Tool 2017 YTD Consumption up 8.0 % in October

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

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.

US Cutting Tool 2017 YTD Consumption up 7.1% in July

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.

Tooling and Workholding

Cutting tool developments are a key driving force in manufacturing productivity, accuracy, and quality. At Sandvik Coromant (Fairlawn, NJ) one of the main trends influencing cutting tool design is developing cutting tools for small-part manufacturing, particularly the medical industry, which is seeing a phenomenal growth of 10 – 20% annually.

Lasers

Lasers Stay informed with the latest insights, news, resources and products in Lasers to improve your manufacturing career and operations. lasers, lasers manufacturing Latest Lasers News &

Materials

Materials Stay informed with the latest insights, news, resources and products in Materials to improve your manufacturing career and operations. materials, materials manufacturing Latest

The Growing Importance of Cybersecurity in Manufacturing

This podcast discusses how are manufacturers adapting to the changing environment through digital transformation, why manufacturing is a growing target for cyberattacks, and best practices for manufacturers to implement a cybersecurity strategy.