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News July 11, 2017
Cisco Survey: Almost 75% of IoT projects are failing
The worldwide installed base of Internet of Things (IoT) endpoints is expected to grow from 14.9 billion at the end of 2016 to more than 82 billion in 2025. However, a study conducted by Cisco shows that 60 percent of IoT initiatives stall at the Proof of Concept stage and only 26 percent of companies have had an IoT initiative that they considered a complete success. A third of all completed projects were not considered a success.
Articles June 30, 2017 Alan Richter
Lead Angle: Are we near the peak?
Peak oil demand is in the news. In a May Wall Street Journal article, for instance, authors Lynn Cook and Elena Cherney stated, "The world's largest oil companies are girding for the biggest shift in energy consumption since the Industrial Revolution: After decades of growth, global demand for oil is poised to peak and fall in the coming years."
Articles May 4, 2017 Keith Jennings
Manager’s Desk: The new normal
When your primary market tanks to its lowest level in 30 years, the impact can be drastic, according to the Manager's Desk column in the May 2017 issue of Cutting Tool Engineering magazine. Is your shop well managed and in a position to overcome such a hit?
News April 18, 2017
Diabetic Alert Dog From Ron Santo Foundation
When Johnathon Wojciechowski of Bensenville, Ill., was 7 years old, he was diagnosed with Type 1 diabetes, and for the last 7 years has altered his life to battle this debilitating disease. Now recently having started high school at Fenton, Johnathon has received a highly trained Diabetic Alert Dog (D.A.D.) from the Ron & Vicki Santo Diabetic Alert Dog Foundation, with partial sponsorship from Heidenhain Corp., Schaumburg, Ill.
News March 29, 2017
Monaghan Tooling Group hires new marketing manager
Monaghan Tooling Group (MTG), Dayton, Ohio, a marketing and engineering company that provides the metalworking industry with world-class engineered tooling and services-is pleased to announce that Nick Coates has joined the company as Marketing Manager.
News November 16, 2016 Dennis Spaeth
Manufacturing groups to Trump: Think hard about trade threats
Reuters reports that America's manufacturers are urging President-elect Donald Trump to back off from his most threatening trade rhetoric and pursue a more nuanced approach to trade with China and Mexico, avoiding unilateral tariff actions and focusing on negotiations. Corporate lobbying groups, some chief executives and pro-trade lawmakers also say they eventually even hope to persuade Trump that free-trade agreements can help grow the U.S. economy and create jobs.
News July 12, 2016
N.H. tool maker going solar
Jarvis Cutting Tools is constructing a 500W AC solar panel array in front of its property in Rochester, N.H. Jarvis President Costikyan Jarvis said the solar project will help the company cut production costs and capitalize on incentives for producing solar energy, according to a report on fosters.com.
News May 31, 2016
NIST, partners create mfg. standards
According to the U.S. Energy Information Administration, manufacturing accounts for one-fifth of the annual energy consumption in the United States—approximately 21 quintillion joules (20 quadrillion BTU) or equivalent to 3.6 billion barrels of crude oil. To reduce this staggering amount and improve sustainability, manufacturers need to accurately measure and evaluate consumption of energy and materials, as well as environmental impacts, at each step in the life cycles of their products.
News May 17, 2016
American National Carbide restructures management team
American National Carbide (ANC), which manufactures tungsten carbide products for the metalworking, agricultural, and energy industries, recently announced a major reorganization, according to a news release issued by the Tomball, Texas-based company. Newly appointed CEO D. Greg Stroud has named new vice presidents to lead the four major areas of the company.
Articles April 1, 2016 William Leventon
Suite of power-cutting control applications
Machine tool idling, unnecessary pump rotation and continuously running peripheral equipment drive up machining costs. These energy wasters are in the crosshairs of a new suite of power-cutting control applications from Japanese machine tool builder Okuma Corp.