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PLM Takes On Digital Transformation

Product lifecycle management (PLM) software helps manufacturers manage, shape, guide, and refine new product developments, speeding up the design and production process.

Caterpillar Profit Rises Despite Lower Revenue

Caterpillar Inc. today reported higher fourth-quarter profit as expense controls made up for lower revenue. The Deerfield, Illinois-based maker of earthmoving machines and heavy equipment also warned of “continued global economic uncertainty” in 2020.

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.

Aerospace: Comply or Die

Success in aerospace machining requires more than the ability to hold tight tolerances in difficult materials. It also requires the ability to prove that you did so in compliance with a pile of specific guidelines, with reports that likewise must follow a specific format.

Simulating is Believing

Simulation tools are making it much easier for manufacturers to optimize their processes, visualizing the entire path of production from NC metalcutting simulations through 3D design and factory-floor imaging.

Additive Grows and Has Growing Pains

Additive manufacturing is both growing and coping with growing pains. Companies “have to find ways to streamline” polishing and other finishing processes of 3D printed parts, industry consultant Terry Wohlers said today during a speech at RAPID + TCT.

Fast, Flexible Fixturing

Secure, accurate workholding sets the stage for consistent machining productivity. Depending on the parts and processes involved, workholding can be as simple and temporary as a plain vise or clamp or as complex and permanent as a machined and fabricated fixture that is custom-designed to hold a unique part.