U.S. Cutting Tool Consumption Up 10.1% in 2018, Tracks Economy’s Strength July 12, 2018 May U.S. cutting tool consumption totaled $215.13 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT—The Association For Manufacturing Technology.
Tough Slotting Solution Was Just the Beginning of Savings for Replaceable Tip Cutting Tool February 5, 2018 At Flexco Inc. (Downers Grove, IL), finding a solution to speed up slot-milling with Chip-Surfer replaceable tip solid-carbide cutting tool from Ingersoll Cutting Tools (Rockford, IL) has led to benefits in a host of other operations as well. Flexco, a manufacturer of belt conveyor components, estimates that retooling with Chip-Surfer replaceable solid-carbide tip cutting tools has saved about $200,000 a year overall on slotting operations and the company expects to save as much again on mill-turn operations.
When the Going Gets Tough, Tough Toolholders Get Going April 23, 2018 As machining has evolved, toolholders have advanced to include rigid, secure systems with anti-pullout protection. These advanced systems are needed to take on difficult-to-machine materials, such as titanium and heat-resistant superalloys (HRSA), and accommodate ambitious removal rates and long tool overhangs. Think of them as insurance against tool pullout and breakage—a situation nobody wants.
High-Torque Retention Knob Gives Job Shop Spindles The Competitive Edge April 25, 2018 Despite the addition of more than 750,000 CNC mills in the past 15 years in the US, CNC machining job shops often hover at the bottom of the totem pole, where there’s little room for error as most bids are won by a 1–2% price variance.
Shrink-Fit Toolholder Offers Consistency When Setting Tools April 23, 2018 Shrink-fit toolholding is a simple concept—an induction coil is adjusted and fits over the top of the toolholder. The induction coil heats the toolholder end of the shrinker, expanding the inside diameter, which opens the engagement bore (IDs of shrink-fit toolholders are smaller than the shank diameter of the cutting tool).
New Chiller Technology Helps Industrial Lasers Keep Their Cool April 9, 2018 Industrial lasers require cooling to remove excess heat generated in the resonator power electronics and the optics system. The type of cooling required is determined by laser wattage, resonator efficiency, resonator and optics temperature requirements, and ambient temperature.
Business Outlook for Tooling, Workholding on the Shop Floor Is Bright April 27, 2018 Manufacturers are always looking for signs of what the economy and the business outlook have in store for them. Since the election of President Trump and, more recently, passage of the tax reform law in December, confidence among businesses of all sizes has been overwhelmingly positive.
Medical Parts Maker Ups Efficiency, Capacity of EDM Machining January 4, 2018 With each new contract and change order to increase part volume and improve delivery, Johnson Matthey Medical Components expanded capacity and capabilities in the same way—by purchasing more equipment. The San Diego, CA-based company would invest in another EDM to meet growing demand for orthopedic, endoscopic, cardiology and neurological medical devices, which is at an all-time high. The tactic was effective, but costly.
SPONSORED BY 3M: Five Common Reasons Manufacturers are Bonding with Industrial Tapes December 5, 2017 Manufacturers are always looking for ways to keep ahead of the competition. And with advancements in bonding technologies, they’ve been able to explore new ways in doing just that. Industrial-grade, double-sided acrylic foam tapes such as 3M™ VHB™ Tapes are increasingly being used in place of more traditional mechanical fasteners such as screws, rivets, bolts, and welds—in order to permanently bond components together.
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.