US Cutting Tool 2017 YTD Consumption up 8.0 % in October December 13, 2017 October US cutting tool consumption totaled $198.00 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 up 13.2 percent from September’s $174.92 million and up 17.2% when compared with the $169.00 million reported for October 2016. With a year-to-date total of $1.835 billion, 2017 is up 8.0% when compared with 2016.
How Factory Intelligence is Evolving May 11, 2018 Intelligent factories have existed since manufacturing’s historical inception, but intelligence—defined as the acquisition and application of manufacturing knowledge—resided only with the factory’s staff.
Machine Tool Orders Start 2018 With Mixed Results March 12, 2018 Machine tool orders began 2018 with mixed results, dropping from December but posting a surge on a year-over-year basis, the Association for Manufacturing Technology (McLean, VA) said in a monthly report.
A 3D Printing Startup Grows Up October 30, 2017 Fabrisonic, Now 6 Years Old, Moves to Develop New Processes, Materials
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.
United Grinding North America Inc. Opens Its New HQ Facility October 30, 2017 United Grinding North America Inc. will officially open the doors of its new 110,000-sq.ft. headquarters in Miamisburg, (OH) on Nov. 3. The new ultramodern facility brings together under one roof the company’s cylindrical, surface, and profile grinding business units as well as its automation and rebuilding departments with the staff from its tool and cutter grinding machines and measurement systems sectors which were formerly located in Fredericksburg, (VA).
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.
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.
Allied Machine & Engineering Launches New Training Department August 6, 2017 Allied Machine & Engineering, a leading tooling manufacturer of complete holemaking solutions, has launched its new engineering training department, which provides hands on education programs for new employees, end users and distributors.
Programming Time Taken Saves Setup, Tooling Costs May 2, 2017 At Jaktool LLC (Cranbury, NJ), a team of young inquisitive engineers is investing the time to explore the full potential of its manufacturing software and machines to take on the complex jobs no one else wants. Using Mastercam CAD/CAM programming software from CNC Software Inc. (Tolland, CT), Jaktool is able to save setup times and tooling costs, and reduce cycle times, while delivering exceptional customer service to a diverse cross section of industries.
