Economy

U.S. military veterans are finding post-service success at machine tool builder Fives Machining Systems, putting their troubleshooting skills and technical experience to work in field service and customer support positions. Since 2014, the company has hired nearly 20 former members of the various military branches at 10 field service locations throughout the U.S., as well as accepting veterans into its apprenticeship program. 

Stratasys Ltd., a leading global provider of additive manunfacturing (AM) solutions, this week reported that Italian Service Bureau, ZARE, has halved production costs for its direct manufacturing customers in automotive and aerospace since purchasing a fleet of Stratasys Fortus 3D Production Systems. In a July 22 news release issued by Stratasys, which is headquartered in Minneapolis, Minn., and Rehovot, Israel, the AM company underscored ZARE's decision to use 3D printing for production parts. 

Though more than 30 percent revenue share of the global laser cutting machine market went to North America in 2014, a new market research report suggests that the Asia-Pacific market will make some significant gains over the next few years. The North American market remains the largest for laser cutting machines globally, but the Asia-Pacific market is expected to grow at a cumulative annual growth rate of 12.8 percent each year through 2020.

U.S. Secretary of Commerce Penny Pritzker today announced 12 new communities that have received designations under the Obama Administration's Investing in Manufacturing Communities Partnership (IMCP) initiative. In May 2014, Secretary Pritzker announced the first 12 communities to receive the designation under this U.S. Commerce Department-led program, which is designed to accelerate the resurgence of manufacturing in communities nationwide by supporting the development of long-term economic development strategies. 

The Alamo Manufacturing Partnership (AMP), led by the University of Texas at San Antonio (UTSA), last week was among 12 groups to receive designation as a manufacturing community through a federal initiative designed to accelerate the resurgence of manufacturing in communities nationwide by supporting long-term economic development strategies. 

Tsugami/Rem Sales, Windsor, Conn., exclusive North American importer of Tsugami machine tools, will open a new Tsugami technical center in Fullerton, Calif. 

A public-private partnership announced June 8 seeks to enhance and expand training to fill the largest number of open manufacturing jobs in states along the automotive corridor, according to a news release issed by the National Institute for Metalworking Skills (NIMS). 

Northshore Technical Community College, Hammond, Ind., offers a machinist training program that it hopes will offset the gap in manufacturing job openings and qualified people to fill them, according to the school. The 2-year program acts as an introduction to a machining career, with students getting an associate degree in applied science with a concentration in machine tool technology, said Bridget LaBorde, dean of the campus. 

A Cleveland-based trade association, Women in Manufacturing, now counts 510 members from across the country, with a strong online presence and a growing network of state chapters designed to support the advancement of women working in the field and to increase their numbers at all levels, from the shop floor to the corporate suite and everywhere in between. 

Machine tool supplier Methods Machine Tool, Inc., Sudbury, Mass., has expanded its Southern California operation, increasing the number of sales/application engineering and service personnel by eight and offering a full range of machine tool solutions from all of Methods' partner brands. In addition, Robert Serrano has been added to the leadership team as sales manager, bringing 25 years of machine tool experience to the position.