Industry News for 08/2019
08/12/2019
Europe’s battery manufacturing capacity is on the cusp of dramatic growth, though much of the investment and know-how are coming from Asian companies.
08/12/2019
The Brookings Institution found that while 58% of respondents see manufacturing as vital to the U.S. economy, only 17% are confident in its future.
08/07/2019
With application-tailored implementation of the umati interface for the machine tool sector, since 2017 clear contents and technical key data for translation into hands-on reality have been drawn up. What this means specifically, and what visitors can expect to see at the EMO Hannover, are explained by three experts: Götz Görisch is responsible at the VDW for the field of digitization and Industry 4.0, and is chairman of the umati Joint Working Group. Bernd Zapf is responsible for development new business and technology at Gebr. Heller Maschinenfabrik GmbH in Nürtingen, while Andreas Wohlfeld is lead architect smart factory at Trumpf GmbH + Co. KG in Ditzingen, and heads the modeling group of the umati Joint Working Group.
08/06/2019
When geopolitical decisions, whether regulatory, tax or immigration, appear to be made arbitrarily, it’s going to cause pullback by business leaders. The current climate of tariffs, uncertainty and risk is a wake-up call for a slowdown.
08/06/2019
Between 1990 and 2011, the U.S. manufacturing sector lost 1 of every 3 jobs. This scarring decline has left policymakers seeking explanations, as well as appropriate policy responses.
08/05/2019
The aerospace and defence, wind energy, automotive, civil construction and sporting goods industries have all come to adopt composites for high-performance applications – and the demand continues to grow. A report by Credence Research in 2019 estimated a CAGR of 9.3% for carbon fiber-reinforced plastics during the period 2017-2025. Duncan Thompson, product manager at ANCA, notes the increased sales inquiries in this area, reflecting a growing demand by tool manufacturers to produce cutting tools to service this specialist market.