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Hats off to tool manufacturers! They make some of the most geometrically complex products out of the toughest materials and with the tightest tolerances. And yet cutting tools represent only 3% of the total cost of the average metalworking process.

Drilling advancements have spurred the evolution of oil and gas operations from simplistic single-well pad fields to more complex multi-well pads. Today, many producers are using fracking and lateral drilling techniques to place 10 or more wells on one pad.

There is no real problem with threading a pipe. Most DIY types can do it in their workshop with hand tools, but when the pipe is 40′ long and ordered by the ton, you are in oil country. Pumping crude oil out of the ground requires drill pipe, casing, tool joints, tees, crosses, flanges, and couplings. All those items need to be machined. And that takes specialized workholding.

With larger turbine components, compared to automotive and aerospace, plus assembly challenges, new machining technologies are gaining popularity. The conventional milling and broaching techniques in turbine blade machining, with the high tooling costs and abrasive flow issues, are fast fading, as modern assembly methods continue to drive machining tolerances to new heights

I just returned from IMTS in Chicago and my first thought was, “where will I be able to rack up all those bonus steps I got last week?” On the easiest day, I walked 7.9 miles, and I topped 10 miles on two other days. It’s easy to understand why.

One of the great benefits of solid round cutting tools is the ability to resharpen them after heavy use. Done right it’s like having a cat with nine lives: Dull…then like new. Dull again…and like new again. And since the cost to recondition solid tools is generally lower than the cost to replace them, there’s an economic benefit. The question then becomes what’s the best way to achieve the greatest possible benefit?

In a perfect CNC world, the first part is always a good one. There’s no need for extra blanks or barstock. Setup times are only as long as is needed to swap out a few tools and load a new program. There’s never a crash, never the need to reprogram an inefficient bit of code. The operator just pushes the green button and out pops a finished workpiece minutes or hours later.

For today’s industrial cutting tool manufacturers there is a continuous and increasing demand for faster cycle times, better asset utilization, tighter tolerances and improved quality. Running a successful manufacturing facility takes more than acquiring the latest state- of-the-art equipment and the most advanced grinding technology.

Industry 4.0 is often referred to as smart manufacturing, where technology enables interconnectivity for machines and manufacturing software and systems. It also provides “Big Data,” increased visibility and remote access to manufacturing assets.

One thing remains clear about IMTS 2018: Solutions to virtually every conceivable tool holding or workholding challenge could be found, if visitors to the exposition took the time to walk aisle after aisle in search the latest advanced technology, whether in the supplier’s booth or at work on machines in builder booths.