Aerospace

The stock of operational robots around the globe hit a new record of about 3.9 million units. This demand is driven by technological innovations.

November 2023 U.S. cutting tool consumption totaled $202.7 million. This total was down 4.9% from October’s $213 million and up 4.4% when compared with the $194.1 million reported for November 2022.

Ceratizit has named  Anja Taylor as the company’s new Channel Manager to work directly with distributors throughout the United States. 

Metal 3D printing enables space companies to manufacture key components on an industrial scale

Lyndex-Nikken, manufacturer and provider of high-performance machine tool accessories, has expanded its sales team to "better serve the evolving needs of industry in the U.S."

CGTech, the Irvine, California-based developer of VERICUT CNC machine simulation software, celebrated 35 years of growth and innovation in CNC simulation and optimization in 2023.

October 2023 U.S. cutting tool consumption totaled $219.2 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.

A recent market study shows that the predictive maintenance market is expected to grow from $5.3 billion in 2021 to $26.5 billion by 2028. The market is anticipated to grow at a CAGR of 27.4% from 2022 to 2028. 

New Vision Industries, the precision machining division of The Producto Group, has earned the AS9100D certification, a renowned aerospace standard.