Management

Fastenal industrial vending machines reach milestone

Earlier this summer Fastenal installed an additional FAST Solutions industrial vending machine within the Terex Mixer manufacturing plant in Fort Wayne, Indiana. Given how many vending devices (machines and lockers) Fastenal installs during a typical business day, it was a commonplace event — except in one regard: that particular machine represented the 50,000th FAST Solutions device concurrently installed at Fastenal customer sites worldwide. 

3D printing cuts production costs in half

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. 

NIMS, Autodesk create CAM standards

Design and engineering software manufacturer Autodesk Inc. and the National Institute for Metalworking Skills (NIMS) have partnered to develop the first-ever industry-recognized CAM standards and credentials. These will enhance education and training programs to meet 21st century demands for skilled CAM programmers, designers and engineers. It's estimated that almost 100,000 jobs will be created by 2024. 

Okuma launches tool selector

Machine tool builder Okuma America Corp. has launched a new web-based machine selector tool at okuma.com/machine-selector. The tool is designed to take the guesswork out of selecting a machine by providing users with a convenient method of finding the Okuma machine tool that best suits their specific manufacturing needs, according to the company.