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Machine Tool Orders Post Mixed Results in November

Machine tool orders posted mixed results in November, slipping a bit on a monthly basis while recording a solid gain compared with a year earlier, according to a monthly report by the Association for Manufacturing Technology (McLean, VA).

SPONSORED BY 3M: Five Common Reasons Manufacturers are Bonding with Industrial Tapes

Manufacturers are always looking for ways to keep ahead of the competition. And with advancements in bonding technologies, they’ve been able to explore new ways in doing just that. Industrial-grade, double-sided acrylic foam tapes such as 3M™ VHB™ Tapes are increasingly being used in place of more traditional mechanical fasteners such as screws, rivets, bolts, and welds—in order to permanently bond components together.

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.

Smarter Presetting: Using Post-Processor and RFID Technology

Tool presetting machines are a wise investment for machine shops that want to increase their machine utilization. Idle machine tools are often indicators of inefficient machining operations, and stopping a machine tool for any reason is synonymous to losing profits.

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.