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U.S. cutting tool consumption totaled $198.9 million according to the United States. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was down 6.8 percent from May’s $213.4 million and down 6.3 percent when compared with the $212.4 million reported for June 2018.

McDermott International is using Digital Twins to grow its business and to keep information flowing instead of trapped in silos.

Metalworking technology manufacturer Prima Power (Turin, Italy; Arlington Heights, Ill.) announced the opening of a new site in Seinäjoki, Finland. Finn-Power Oy—the company of Prima Industrie Group manufacturing Prima Power turret punch presses, combined machines, and systems—relocated its manufacturing plant and Tech Center previously sited in Kauhava into a new facility in Seinäjoki.

Indianapolis-based Hurco introduces the Hurco MAX5 control with the new 3D Import feature that includes 3D DXF technology. This control feature allows the user to simply load the file they receive from their customer directly into the Hurco control.

If “automation” is the constant drone you hear from practically everyone in metalworking these days, job shop owners might be the only people yelling “No!” Or at least “Wait!” How, they ask, can you cost-effectively automate low-volume, high-mix parts? Yet it’s not only doable but probably necessary.

According to McNamara, director of sales for Doosan Machine Tools America (Pine Brook, NJ), the most important tools in getting customers to move into five-axis machining are features within the control that make it simple to create, understand and prove out machining programs.

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.

Cofounder Johannes Trabert, who lives a poetic life in the Thuringian Forest, says the future will be focused on ‘the clever share of work’ between humans and robots.

Powerful trends will push manufacturing close to complete automation by 2050, while the people still working in the industry will be empowered to rapidly innovate like never before.

For certain machining applications, off-the-shelf cutters come up short. Here’s how to increase productivity, reduce costs, and improve part quality with a custom cutting tool solution.