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Energy Industry’s Up-and-Down Cycle Continues

The energy industry is often at the forefront of our minds as we watch fuel prices climb and then celebrate when they come down. We continually find ways to be as energy efficient as possible in our homes and workplaces. Media outlets keep us constantly informed of this often-volatile industry’s ups and downs.

Brousell: To survive, think like Merck, Cisco, Lexmark and Dow

If you look at all the companies that were on the Fortune 500 list in 1990, “a very large percentage of them are not there anymore,” David Brousell, executive director of the Manufacturing Leadership Council, told people attending his talk on “Manufacturing 4.0” at Oracle’s recent Modern Business Experience conference.

Combined with AI, IoT, Blockchain Can Meet Many Supply Chain Challenges

Blockchain technology is becoming a key player in modernizing supply chains to enable easy tracking, automate transactions and delivery, and build end-to-end trust, Chandra Narayanaswami, principal research staff member, Member IBM Academy of Technology at IBM Research, told people attending a smart manufacturing session at the MD&M West conference here last week.

Prima Power Announces Official Opening of New Manufacturing Plant in Finland

Metalworking technology manufacturer Prima Power (Turin, Italy; Arlington Heights, Ill.) announced the opening of a new site in Seinäjoki, Finland. Finn-Power Oy—the company of Prima Industrie Group manufacturing Prima Power turret punch presses, combined machines, and systems—relocated its manufacturing plant and Tech Center previously sited in Kauhava into a new facility in Seinäjoki.

Hurco Introduces New 3D Import with 3D DXF Technology

Indianapolis-based Hurco introduces the Hurco MAX5 control with the new 3D Import feature that includes 3D DXF technology. This control feature allows the user to simply load the file they receive from their customer directly into the Hurco control.

Digital Tool Management: Multiple Concepts Begin to Converge

The focus on digitalization in design and machining has highlighted the importance and advantages of more sophisticated digital tool management (DTM) systems. While this has generated a great degree of differentiation, and some confusion regarding a generally accepted system definition, it has resulted in the evolution of objectives and capabilities that are both more comprehensive and more customer-centric.

Africa as the ‘Next Growth Miracle’

One of the fastest growing automotive markets in the world is India, and one of the most successful companies there is a company called Maruti Suzuki. Maruti formed a partnership with Suzuki in the 1980s.

CEOs: Embrace ‘Remote Experts,’ Sensors, Continuous Training, to Address Skills Gap

Tackling the workforce skills gap issue involves dealing with not only experienced employees who have sharp subtractive manufacturing skills but have to be prodded to move into additive manufacturing (AM) but also newbies who still need to hone skills required to harness the promise of emerging technology, Atlas Stamping and Manufacturing CEO Lynda Prigodich-Reed said.

Siemens Conference Focuses on Teamwork and Digital Twins

Visitors to the Valley of the Sun were recently treated to a dizzying display of software technology at Arizona’s Phoenix Convention Center. From June 4-7, the Siemens PLM Connection—Americas 2018 user conference hosted thousands of visitors from hundreds of manufacturing companies.