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Manufacturing faces an even larger shortage of skilled workers as older employees retire over the next few years, the head of SME said in a speech today.

If a study by Deloitte from early this year was on target, 2017 will record a 2% increase in global aerospace and defense revenues and commercial aircraft production is likely to keep rising in the near future.

SAS Manufacturing LLC unveiled a new advanced machining facility for design, manufacturing, and assembly of aerospace components in Arvada, Colo.

July US cutting tool consumption totaled $170.95 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report (CTMR) collaboration, was down 8.4 percent from June’s $186.57 million but up 16.0 percent when compared with the total of $147.43 million reported for July 2016.

HP Inc. and Deloitte Consulting LLP have created an alliance to help accelerate the digital transformation of the global manufacturing industry.

As the impact of additive manufacturing, or 3D printing, on business continues to surge, the need for career development in this rapidly growing industry is also rising.

Allied Machine & Engineering, a leading tooling manufacturer of complete holemaking solutions, has launched its new engineering training department, which provides hands on education programs for new employees, end users and distributors.

5ME (Warren, MI) and Doosan Machine Tools America (DMTA: Pine Brook, NJ) have joined forces to showcase the advantages of cryogenic machining.

German auto supplier boosts use of 3D printing

“We expect to see the world machinery market grow in the next five years,” said Arun Kumar a director at AlixPartners in a discussion he and I had recently.