Machine Tool Orders Surge in September November 9, 2020 Machine tool orders gained in September as manufacturing recovered from a severe recession.
3D Systems to Sell Cimatron, GibbsCAM November 3, 2020 3D Systems said it has agreed to Cimatron Ltd. and GibbsCAM CNC programming software businesses, to Battery Ventures.
GM Quarterly Earnings Rebound November 5, 2020 General Motors Co. today reported a third-quarter earnings recovery on sales of high-profit trucks.
Reshoring Operations in the Age of COVID-19: Part One October 27, 2020 In March 2020, the World Health Organization officially declared the novel coronavirus outbreak a pandemic. Manufacturers are dealing with the fact that the virus has exposed the fact that many domestic brands rely significantly upon China for fulfilling some, part, or nearly all, of their supply chain.
Durable Goods Orders Rise on Transportation October 27, 2020 Durable goods orders increased in September on transportation equipment, the U.S. Commerce Department said today.
Caterpillar Profit Falls as Product Demand Drops October 27, 2020 Caterpillar Inc., the maker of heavy construction and mining equipment, today reported a sharply lower third-quarter profit as demand for the company’s products dropped.
BIG Kaiser Promotes Jack Burley to President/COO October 27, 2020 BIG Kaiser Precision Tooling has promoted Jack Burley to President/Chief Operating Officer, effective January 1, 2021. Chris Kaiser, BIG Kaiser President and CEO for 30 years, will take on the role of Executive Advisor.
Turning Inserts Face New Challenges December 21, 2020 Originally marketed for their proficiency in heavy metal removal applications while delivering longer tool life and multi-point efficiency, turning inserts have grown more sophisticated in response to advances in materials, machines, methods, and even social factors.
First Time’s the Charm January 6, 2021 All shops want to be more productive and reduce downtime. For some, this means an investment in a high-end CNC machine tool. Others give quick-change toolholders a try, or pursue an IIoT (Industrial Internet of Things) machining strategy.
The Modular Future for Workholding December 28, 2020 For as long as people have been machining parts, they’ve been devising ever-more ingenious ways to grip them.