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Industrial M&A Falls in 2019

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

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.

Detroit Tigers: Reverse-Engineered World Series Trophy Honors ’68 Tigers

Technology came to the aid of Detroit Tigers management when they hoped to recapture some of the magic of the 1968 Detroit Tigers’ World Series-winning season. The 50-year anniversary celebration, held September 7-9, 2018, included on-field festivities in which the 16 surviving members of the 1968 team were presented with replicas of the World Series’ trophy.

Adopting MBD is About More Than Technology

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

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.

Dassault Systèmes Acquires IQMS for $425M

Dassault Systèmes (Euronext Paris: #13065, DSY.PA) today announced that it has entered into a definitive agreement to acquire IQMS, a leading manufacturing ERP software company, for $425 million. With the acquisition of the California-based IQMS, Dassault Systèmes extends the 3DEXPERIENCE platform to small and midsized manufacturing companies seeking to digitally transform their business operations.

New System Improves Fiber Laser Welding of Aerospace and Defense Assemblies

Fiber laser welding is all about control of the process, according to Kurt Magedanz, laser process engineer at Ace Precision Machining Corp., Oconomowoc, Wis. With its new Laserdyne 430 systems, Ace Precision has made huge strides with weld quality while reducing operator intervention in the process.