Northrop Grumman Lands $9.6-M Navy Torpedo Contract July 6, 2017 The U.S. Navy has awarded Northrop Grumman Corporation (NYSE: NOC) a $9.6 million contract, with options up to $40.5 million, to produce the Transducer Array/Nose Shell Assembly of the MK 48 heavyweight torpedo.
Doosan Machine Partners with 5ME Cryogenics Machining July 17, 2017 5ME (Warren, MI) and Doosan Machine Tools America (DMTA: Pine Brook, NJ) have joined forces to showcase the advantages of cryogenic machining.
IoT Tech Accelerates Among Manufacturers: Survey July 25, 2017 Manufacturers are accelerating use of Internet of Things (IoT) technology, according to a survey of 66 companies.
A 3D Printing Startup Grows Up October 30, 2017 Fabrisonic, Now 6 Years Old, Moves to Develop New Processes, Materials
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.
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.
Simulation Software Meets the Need for Speed February 26, 2021 Toolpath simulation software gives manufacturers assurance that their machine tools will cut parts quickly and accurately, which is particularly useful when machining expensive materials like titanium or Inconel.
Toolpath Simulation, Optimization Boosts Part Manufacturing for Fixtures February 2, 2021 Those who manufacture precision workholding systems have the same goals and challenges as the machinists who use them. Both groups strive to reduce setup times and optimize cutting cycles. Secure, consistent, and accurate gripping is paramount.
New Cutter Bodies Boost Feed Rates, Lower Cycle Times on Very Large Parts January 28, 2021 A few years ago, two companies joined forces to greatly enhance productivity in heavy milling and crankshaft machining. Their combined efforts resulted in solutions to improve throughput and reduce costs by a factor of four in some cases.
The Sharpest Tool in the Box January 21, 2021 The word “reconditioned” can ignite visions of worn, overworked products inferior to new ones. The reality is as long as you purchase from a reputable supplier, reconditioned cutting tools will deliver the same consistent results as they did upon initial purchase.
