US Cutting Tool 2017 YTD Consumption up 7.1% in July September 14, 2017 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.
SME Chief Warns of ‘Silver Tsunami’ Facing Manufacturing October 10, 2017 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.
Cutting Tool Manufacturer Ceratizit Acquires Komet Group October 16, 2017 The Ceratizit Group (Mamer, Luxembourg) acquired the Komet Group (Besigheim, Germany) on Oct. 12, 2017. The transaction is still subject to the approval of antitrust authorities.
Robots, Shop Personnel Collaborate, Maximizing Synergy and Safety September 11, 2017 Efficient manufacturing calls for coordinated systems of shop personnel, equipment and software. These systems increasingly include robotic technology, as manufacturers recognize the reliability, repeatability and flexibility that robots provide. According to the International Federation of Robotics, the number of industrial robots in use worldwide will increase to around 2.6 million by 2019, about one million more than in 2015. Approximately 70% of industrial robots are used in the automotive, electrical/electronics and metal and machinery industries.
Driving the Digital Factory with Real-Time MES Data July 21, 2017 With the push toward a fully digital factory, manufacturing execution systems (MES) software has never been more critical to manufacturers of all stripes.
New On-Ramps to Workforce Development April 1, 2024 There are two ways to tackle the skilled labor shortage: automate wherever possible or encourage a new generation to consider the manufacturing industry. Bowden Manufacturing of Ohio does both, with the help of industry partners such as Absolute Machine Tools.
Robotic Returns April 3, 2024 A few not-so-tall tales of how machine shops gain a competitive edge through automation
Unfreezing Manufacturing with Data-Driven Agility March 27, 2024 Manufacturers require a deep understanding of operations to make quick, data-driven decisions and keep production running in the face of unpredictable challenges.
In the Robotic Trenches May 19, 2022 Tales from manufacturers who’ve implemented automation: Why they did it, what the results were—and advice to others considering a new droid.
Robotic Fiber Placement, 3D Printing Spur Advances May 23, 2022 The advantages promised by Industry 4.0 are being realized at Ingersoll Machine Tools in Rockford, Ill.
