Industry News

Accenture believes that investment in artificial intelligence has the potential to double the annual economic growth rates of major developed economies, such as Germany, and triple Japan's economic rate by 2035. In the manufacturing industry, Accenture believes that the power of AI technologies will increase profitability by 39 percent, boosting gross value added by almost $4 trillion in 2035.

Haas Automation, Inc., is pleased to announce the installation of the 200,000th Haas CNC machine – another major milestone in the company's history as a machine tool builder.

In addition to TIR (total indicator runout) is the dimension of the grinding wheel side flutter, runout, roundness and tolerance. This is accomplished by truing, dressing, forming and conditioning.

We talk extensively about the "skills gap" facing manufacturing. The problem is this only partially true. Yes, there's a deficit in our skilled trades pipeline, and as employers, educators and communities, we need to rally around the value of skilled trades and support the growth of this critical workforce - starting in junior high and beyond. Yet, there's another gap that mid-market manufacturing is facing - The Strategic Gap - and it has many facets.

ARCH Cutting Tools is pleased to announce and welcome Bill Orris as Manager of Technical Product and Sales Training.

Manufacturing is booming. Many say that's great news for the stock market because increased manufacturing activity is evidence of a stronger economy. This seems logical, but does data support such a conclusion? And is it prudent to use manufacturing indicators to time your exposure to stocks?

While this statement may not applicable across the board with machine tool applications, it certainly rings true when used in context with air supply to machine tool spindles. More often than not we have found that poor quality air supply to spindles is a significant factor in premature machine tool spindle failures. Whether it be a dirty (particulate contaminant) in the air supply or more predominantly moisture contaminated air supply. This is a recipe for disaster.

There are no collaborative robots, only robots with collaborative applications. That's according to Simon Whitton, regional division manager of North America for KUKA Robotics Corp., Shelby Township, Michigan.

Birmingham, AL – Motion Industries, Inc., a distributor of maintenance, repair, and operation replacement parts and a wholly owned subsidiary of Genuine Parts Company, announced the promotion of Pamela Sims to Vice President of Marketing, effective September 1, 2018.

Tolland, CT – CNC Software, Inc., the developers of Mastercam, announced that Mike Nicholson has been hired as the European Territory Manager to further develop the company's European distribution channel.

The International Manufacturing Technology Show was great. It was fun to actually meet some of the people I've worked with over the past couple of years, plus there were the new machine tools, Industry 4.0 and industrial-internet-of-things technology, software systems, cutting tools, robots, metrology equipment and 3D printers. My dogs were killing me every night, but I wouldn't have missed it for anything. And Chicago—what a cool town. As the saying goes, I wouldn't want to live there, but it's a nice place to visit.

Although automation is occurring in manufacturing, as it is in other sectors of the economy, the evidence does not support the idea that automation was the main cause of the sudden decline in manufacturing employment after 2000. It's difficult to precisely pin down what was to blame, but a large body of research suggests that economists and pundits are wrong to so quickly dismiss trade and to blame machines.