Industry News

In terms of market value, the global precision stainless steel market is projected to expand at a CAGR of over 4% during the forecast period, owing to various factors, regarding which, study offers thorough insights and forecasts in this report. The global precision stainless steel market has been segmented on the basis of thickness and end-use industry. The global precision stainless steel market is expected to expand 1.5x in terms of market volume by the end of 2029.

Wohlers Report 2019, an annual report on the additive manufacturing (AM) industry, includes detailed input from 127 providers of AM services worldwide. Companies with both metal and polymer AM services reported that more than 26% of a part's cost is from post-processing, as shown in the accompanying chart.

Let's look back. Could it be that the world's first presentation of a dia-compact monoblock milling cutter for aluminium machining at FAMETA in 1980 already laid the foundation for large-scale use within the automobile industry in the 80s? Actually yes, if the aforementioned "stumbling blocks" were not there.

Dressing/conditioning diamond and CBN Borazon grinding wheels, resin- and metal-bond only, is one of the most overlooked processes. And most dressing is done insufficiently.

SyncFab, a Manufacturing Blockchain solution for parts suppliers and buyers, has announced a strategic partnership with the National Tooling and Machining Assocation. The new relationship will grant access to SyncFab's advanced manufacturing blockchain platform for over 1,300 NTMA members across the U.S.

When metalworking fluids are used during machining processes, they generate airborne mists that facility operators must carefully control. If left unchecked, these mists can create a dangerous work environment and cause serious health problems for workers. The best engineering control to keep your shop safe and your business in regulatory compliance is a high-efficiency mist collection system designed for your specific application.

Almost everyone has become accustomed to smart phones, smart televisions, and even the concept of smart cars. And technology has advanced far enough that people understand generally what expectations of functionality are associated with the use of the word "smart" in front of a word. But outside of the consumer product sphere, the companies that produce those goods, and all the "non-smart" goods as well, are beginning to benefit from the same technologies.

Mitsubishi Electric, DMG Mori and Yaskawa Electric are among 100 major Japanese manufacturers set to share production data with each other to improve efficiency, using blockchain technology to ensure their information remains secure.

The federal agencies funding 14 institutes created to jump-start the manufacturing industry have no set criteria to measure progress, according to a government report. The departments of Commerce, Defense and Energy need a way to gauge whether they're meeting the goals of the 2014 law that formed this nationwide network of manufacturing hubs, the Government Accountability Office announced.

NUM AG is helping Taiwanese machine tool company Chien Wei Precise Technology Co. Ltd. develop CNC grinding machines for manufacturing specialized gears used in robotics applications. Based on NUM's Flexium+ 68 CNC platform, Chien Wei's machines are designed to speed the production of both involute and cycloidal profile precision gears.

The American Manufacturing Communities Collaborative, in collaboration with the Northeast-Midwest Institute and the Century Foundation, is a new national organization building on the foundation of the 24-region Investing in Manufacturing Communities Partnership initiative, helping regional communities across the U.S. devise and implement sustainable economic development plans that lead to good-paying jobs in thriving manufacturing sectors.

Most manufacturers have invested in some type of technology to run their businesses, whether it's new equipment, robotics, software or business intelligence tools. Each year, Plex Systems Inc. conducts a survey that gathers insights on how manufacturers use technology to solve day-to-day challenges, as well as major industry challenges. The fourth annual State of Manufacturing Technology Report reveals that manufacturers investing in technologies that enable a connected environment are more resilient and optimistic about the challenges ahead.