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Because its president saw opportunities to improve efficiency and an immediate need to make up for capacity lost due to impending worker retirements, Daiwa Steel Tube is set to save more than $1 million a year.

Sandvik has signed an agreement to acquire 67 percent of Chuzhou Yongpu Carbide Tools Co., Ltd, a China-based maker of solid round tools, with a call option to buy the remaining part in three years.

In the AI world, fear is driven by unfamiliarity with the process, the professional impact of failure and the daunting tasks of pulling together all of the people and perspectives required just to get started. Here are three key lessons learned from our work with Rolls-Royce and Gulfstream that will clear your AI project for takeoff.

Welding is an integral part of the heavy equipment manufacturing industry, and one of the challenges technicians face during welding is porosity—the presence of cavities in the weld metal.

While companies have been shifting their spending to ecommerce for years, it has accelerated with the pandemic and more remote work.

The need for leadership in smart manufacturing cannot be overstated: Making revolutionary changes can be arduous.

The evolution to high speed machining (HSM) is continuing and toolholders are playing a crucial role in that process, which includes the interlinking of machining center, programming, high-speed spindles, advanced cutting tools, balancing, and high-performance toolholders in order for shops to take full advantage of HSM.

Sudhi Bangalore, chief technology officer for global operations at the tool giant Stanley Black & Decker, champions the global movement toward smart manufacturing.

With the passage of the fiscal year 2021 Consolidated Appropriations Act at the end of 2020, MxD, the national digital manufacturing institute, secured $8.5 million in funding from the U.S. Department of Defense for 5G for manufacturing and cybersecurity for arsenal supply chains.

The most important step in digitizing any manufacturing or supply chain process is analysis of the ROI and business case and being able to demonstrate success to company leaders.