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For machine shops in a competitive global marketplace, keeping spindles running and making product is the only way to stay in business. Still, adding a new piece of equipment, even with the promise of improving the efficiency of your existing ones, may be a difficult sell to management.

SyncFab will give more than 1,300 National Tooling and Machining Association (NTMA) members access to its advanced manufacturing blockchain platform, the company said today. As the national representative of the precision custom manufacturing industry, NTMA members generate more than $30 billion in sales combined.

The bane of modern engineering is complexity. One promise of artificial intelligence and machine learning is helping engineers to use complex tools and harness vast data sets effectively.

Purchasing and supply executives expect manufacturing to continue expanding in 2019, according to a survey by the Institute for Supply Management.

Most companies do not have a clear strategy for how they are applying IoT, Mark Weatherford, former Deputy Under Secretary for Cybersecurity at the Department of Homeland Security, said at an exclusive roundtable Smart Manufacturing convened recently in Chicago.

Achieving gender diversity is an industry endeavor

Women in Manufacturing (WiM) is adding 20 members to its board while WiM Education Foundation adds 21.

The company estimates more than 600 jobs to be created at its Georgia plant.

A site has yet to be chosen for Addionics’ first plant, which is expected to begin production in 2027.

Economic activity in the services sector continues its upward trajectory, marking the ninth straight month of expansion. Despite a slight dip, the Services PMI reflects sustained growth, with key indices signaling positive trends.