A new turning tool emits an electric signal when its insert reaches a predetermined wear point or breaks. Called Sensor Tool, sections of the coated insert are ablated by a laser, thereby creating an electronic circuit.

The use of shrink-fit toolholders continues to grow, mainly because, compared to conventional holders, they secure tools more tightly and extend the life of cutting tools. Article includes an overview of available systems and comments from users of shrink-fit holders.

Salaries earned by metalworking professionals, including machinists, production engineers, manufacturing engineers and corporate managers. Salaries are broken down by region, size of company and type of shop or manufacturing facility.

The trend toward developing finer and finer carbide grains continues. The author looks at recent developments in the production of nanosized tungsten-carbide grains, which are smaller than 0.2 microns in diameter. Though not used widely at present for the production of cutting tools, some predict that will change as the technology evolves.

A conversation with Lee Iacocca, chief spokesman and a member of the board of directors of The Online Asset Exchange (onlineassetexchange.com), a service for buyers and sellers of machine tools. Iacocca also is involved with a company that produces electric bicycles. The former president of Ford Motor Co. and of Chrysler Corp. was at WESTEC 2000, where he met with CUTTING TOOL ENGINEERING to discuss manufacturing’s role in the economy, his perceptions of the machine tool industry and business-to-business e-commerce.