While smart factories are revolutionizing the manufacturing industry through innovation, being connected comes with new risk factors that must be addressed. A Deloitte study revealed that 48% of manufacturers identified operational risks—including cybersecurity—as the greatest danger to their factories.
Photo-chemical etching is a viable alternative to legacy metal fabrication technologies and is seen in many applications as the only technology that can achieve the repeatability, accuracy, and geometric complexity demanded by OEMs from across myriad industries.
The delta variant of the coronavirus, a shortage of semiconductors, logistics challenges and a scarcity of skilled labor are affecting the rebound of manufacturing, but there is reason for optimism.
Eriez, the Erie, Pennsylvania-based manufacturer of separation technologies, has established Eriez-Deutschland GmbH (Eriez-Germany), headquartered in Recklinghausen, Germany.
Business may not be back to pre-pandemic levels across the board, but the U.S. Cutting Tool Institute’s spring meeting and the latest economic indicators are a welcome shot in the arm for the industry.
Fewer than 30% of manufacturers have extensively adopted Industry 4.0 technologies, according to findings published in a new report, but manufacturers’ reluctance to go digital might have to change if they are to adapt to an unpredictable future. Sandvik Coromant's testing finds that an increase in machine utilization can result in a higher gross profit margin.
Continued job losses and lost business can be expected if the Section 232 tariffs on steel and aluminum are allowed to continue, according to a manufacturing coalition.
The U.S. manufacturing industry continued to rebound in December 2020 with cutting tool consumption up 4% over November and the Manufacturing Purchasing Manager's Index expanding from 57.5 in November to 60.5 in December.