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Latest Industry News

Achieving the impossible is SOP for Precision Tool Technologies
News September 24, 2019
Achieving the impossible is SOP for Precision Tool Technologies
Precision Tool Technologies Inc. is a manufacturer and distributor of high-quality products and services for wholesale optical laboratories and retail optical industries. The company's first success came in the precision machining of polishing tools and mold inserts for the optical industry, where accuracy of ±0.0001" and surface finishes of 4 Ra are required. For successful operations, this level of excellence must be repeatable on a daily (and nightly) basis. During the course of perfecting their techniques, Precision Tool became the "go to" company for solving difficult machining problems for a variety of industries. Haimer has been a key partner in helping them maintain this competitive edge.
The American Dream made possible with manufacturing
News September 23, 2019
The American Dream made possible with manufacturing
Many of America's leading entrepreneurs have immigrant backgrounds, playing a vital role in driving innovation and economic growth. In this article, Eurotech Gold customer Victor DaCruz, owner, and his wife, Betty DaCruz, the chief financial officer and human resources director of DACRUZ Manufac-turing, Bristol, Connecticut, share their company's business philosophy and the history of how his family started in business.
Is U.S. manufacturing losing its toolbox?
News September 20, 2019
Is U.S. manufacturing losing its toolbox?
Things seem to be going very well for American manufacturing. Since 2009, 1.2 million manufacturing jobs have been created. The fracking industry has significantly lowered energy costs. Unemployment has reached a low of 3.8%, and 145,000 jobs were re-shored in 2018. We have had 10 years of growth since the Great Recession, and many articles in the past year suggest that the U.S. is in a manufacturing renaissance. But are we?
Michigan invests in high-tech manufacturing talent
News September 20, 2019
Michigan invests in high-tech manufacturing talent
Michigan is taking steps to build on a tradition of innovation by investing in the workers, thinkers and leaders of tomorrow. This effort was on display last month at Lightweight Innovations for Tomorrow's Learning Lab summer bridge program, which allowed University Prep Science & Math High School students from Detroit to tour the building and meet manufacturers and educators.
Deep-hole drilling and automation make for productive work cells
News September 20, 2019
Deep-hole drilling and automation make for productive work cells
Across every industry, manufacturers are working to meet growing customer demand in a globally competitive market. Despite a widening skills gap, by organizing advanced technology into highly optimized work cells, manufacturers are maximizing productivity through automation.
How the manufacturing slowdown is impacting U.S. businesses
News September 20, 2019
How the manufacturing slowdown is impacting U.S. businesses
The economy is not just the stock market. A number of factors contribute to the overall health of the economy, and one of them is manufacturing. Although the jury is still out on whether a recession is coming for the broader economy, some people are concerned that a recession has arrived in the manufacturing sector.
Teaching robots to build and use tools
News September 20, 2019
Teaching robots to build and use tools
Researchers at Georgia Institute of Technology developed robots that have the ability to reason about shape, function and attachment of unrelated parts. This lets the robots build basic tools by combining objects. The breakthrough is a significant step toward enabling intelligent agents to devise tools that could prove useful in hazardous situations.
Manufacturing jobs appeal more to Gen Z than millennials
News September 20, 2019
Manufacturing jobs appeal more to Gen Z than millennials
A third of Generation Z — adults ages 18 to 22 — have had manufacturing suggested as a career option compared with 18% of millennials and 13% of the general adult population, according to a new study. Gen Z is 7% more likely to consider working in the manufacturing industry and 12% less likely to view it as in decline compared with the general population.

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