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Software AG (Frankfurt, MDAX: SOW) announced an original survey of over 125 North American manufacturers in the heavy industry and automotive sectors that revealed they are unable to scale their Industrial Internet of Things (IIoT) investments across their enterprises, and therefore are losing millions of dollars in potential profits while falling behind competitors that have invested in enabling technologies that support IIoT across the enterprise.

Sunnen Products Co. is expanding its global production footprint, opening a manufacturing facility in Monterrey Mexico to complement its production in the U.S., China, Switzerland, and Brazil. Sunnen, a large, integrated manufacturer of precision bore creation and finishing equipment, will move a portion of its abrasive and tooling products from its St. Louis operation to the Monterrey facility.

Acquisition to Position PTC as CAD and PLM Industry Transitions to Software-as-a-Service (SaaS)

CNC Software Inc., Tolland, Conn., the developers of Mastercam, has announced the winners of the 2018-2019 Wildest Parts Competition. The Wildest Parts Competition is held each year to encourage student interest and participation in manufacturing.

High QA, Inc., the developer of Inspection Manager Quality Management Software, has established a headquarters operation in Sevenum, Netherlands, to directly serve its customers on the European continent.

Siemens is planning the acquisition of Edge technology from the US company Pixeom. With this action, Siemens is strengthening its Industrial Edge portfolio by adding software components for Edge runtime and for device management.

Advances in turning insert technology that promise faster processing, longer tool life and reduced cycle time are always promoted with great fanfare by suppliers and welcomed by manufacturers looking for a competitive edge.

BIG Kaiser’s “Breakfast and Learn” event, hosted at its Hoffman Estates, Illinois, headquarters, is by now is an annual event not to be missed for a great breakfast and technical presentations on the latest developments in precision tooling.

U.S. cutting tool consumption totaled $198.9 million according to the United States. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was down 6.8 percent from May’s $213.4 million and down 6.3 percent when compared with the $212.4 million reported for June 2018.

High-speed, small footprint milling machines have challenged traditional spindle retention knob technology to achieve the design safety required in today’s advanced shops.