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August 2020 U.S. cutting tool consumption totaled $136.1 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.

GWS Tool Group acquiring STF Precision marks GWS’ third add-on acquisition in 2020.

Before the coronavirus pandemic upended normal life and essentially shut down commercial airliners, the aviation industry had a projected need for 40,000 new aircraft—planes, helicopters, air taxis, and unmanned aerial vehicles—in the next 20 years.

Aerospace OEMs and their supply chains are evolving plans to manage the economic impact caused by the health-related shutdown last spring.

With the help of adhesive forces, geckos have been moving easily over smooth surfaces for millions of years. SCHUNK is using this principle to develop various fields of handling applications with ADHESO, its new gripping technology.

According to a survey conducted by ISM, 75 percent of U.S. manufacturing companies experienced delayed resources and materials due to the COVID-19 pandemic. The outbreak has forced manufacturers to rethink supply chains to allow for product diversification.

Greenleaf Corporation has announced the launch of its line of quick-change toolholders, or ISO-standard toolholders with quick-change shanks.

The CEO of an artificial intelligence company discusses how AI affects workers and how AI can be deployed well.

The event will debut Oct. 19-22, and include three distinct zones: Knowledge, Solutions and Exploration.

Since 1922, Otto Martin Maschinenbau GmbH & Co. KG has been manufacturing best-in-class woodworking machinery at its production facility in Ottobeuren, located in the idyllic alpine Allgaeu region of southern Germany.