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Like most auto manufacturers, NASCAR race teams are motivated to make vehicle parts better, cheaper and faster. Hundreds of the leading Fortune 500 brands are highly visible on the evocative vehicle paint schemes, pointing to continued healthy investment in the sport.

Methods Machine Tools Inc. (Sudbury, MA) announced two key management appointments: President Jerry Rex was named president and chief executive officer, and Dale Hedberg was promoted to vice president of operations.

When making over-the-counter and prescription soft-gel products, the dosage that fills each gel cap must be precise. It follows, then, that the system for metering the amount of formulation demands the same exacting level of precision. Such is the requirement at leading contract manufacturers of nutritional and pharmaceutical soft-gel products. To keep their metering pumps and production equipment accurate and reliable, they look to Progressive Tool & Manufacturing Inc. (Greensboro, NC).

A huge confidence gap exists between the number of companies that try digital manufacturing strategies and those that successfully apply them, a new McKinsey & Co. survey found.

To stay current with technology and peer into the future of manufacturing, take a look at our preview of IMTS—The International Manufacturing Technology Show, to be held at McCormick Place in Chicago from Sept. 10 through Sept. 15. In the following pages, ME provides in-depth examinations of each pavilion at IMTS, as well as previews of the products you will be able to see displayed at exhibitors’ booths.

At the Digital Manufacturing and Design Innovation Institute (DMDII) in Chicago on March 27, Siemens demonstrated its approach to the “Fourth Industrial Revolution.” At its annual U.S. Innovation Day, Siemens demonstrated real-world applications of digital solutions that it says will reduce costs, increase speed, develop new business models, and improve quality of life.

Aerospace and defense manufacturing is known for its complex designs, continual changes and the need to negotiate tight margin requirements. At Elite Aviation Products (EAP), a division of Elite Aerospace Group (Irvine, CA), we face these challenges every day.

My original intention for this column was to discuss a phrase getting a lot of buzz lately, artificial intelligence (AI). By any measure, interest in AI is expanding exponentially, both in the number of articles one can read on the subject and, according to Google Trends, the number of searches for those articles.

Tool data management solutions provider TDM Systems (Schaumburg, Ill.) will showcase a variety of its tool data management software and digital solutions and offer insights into its several new initiatives in smart manufacturing in booth 1444 at AeroDef 2019, April 29-May 2, 2019, in Long Beach, Calif.

Finland-based global welding automation manufacturer Pemamek Oy named Michael Bell director of sales for its North American subsidiary Pemamek LLC. Pemamek provides welding automation technology and integrated manufacturing solutions to a wide range of industries including shipbuilding, heavy fabrication, oil and gas, wind energy, and boiler manufacturing.