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Price Downturn Leads Shale Producers to Greater Efficiency

After petroleum prices collapsed in the mid-2010s, shale oil and gas producers responded to the down-swing by borrowing techniques and technology from the energy sector’s offshore well operations, manufacturing, and even the medical industry to increase efficiency.

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.

Digitalization Boosts Auto Parts Cell Production By 20%

Increases in size and quantity of its orders led Wisconsin-based auto parts manufacturer Felss Rotaform LLC (New Berlin, WI) to expand operations through a new dual-robot machine-tending cell. The company is a supplier of precision parts using its rotary swaging, axial forming and tube end-forming processes.

Survey: Manufacturers Behind the IIoT Curve

Software AG (Frankfurt, MDAX: SOW) announced an original survey of over 125 North American manufacturers in the heavy industry and automotive sectors that revealed they are unable to scale their Industrial Internet of Things (IIoT) investments across their enterprises, and therefore are losing millions of dollars in potential profits while falling behind competitors that have invested in enabling technologies that support IIoT across the enterprise.

Methods Announces Mark Wright as President & CEO

Methods Machine Tools Inc., a supplier of precision machine tools and automation, announced that its Board of Directors has appointed Mark Wright as its President and Chief Executive Officer effective September 13, 2019. Wright will assume all operating functions of Methods Machine Tools Inc., including the Sudbury headquarters and all seven direct offices throughout the United States as well as its national distribution network.

High QA Establishes European Headquarters

High QA, Inc., the developer of Inspection Manager Quality Management Software, has established a headquarters operation in Sevenum, Netherlands, to directly serve its customers on the European continent.