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ISM: Manufacturing activity expanded in August
News September 5, 2017 Michael C. Anderson
ISM: Manufacturing activity expanded in August
Economic activity in the manufacturing sector expanded in August, and the overall economy grew for the 99th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business. At 58.8 percent, the August PMI showed an increase of 2.5 percentage points from the July reading of 56.3 percent.
Okuma America Corp. welcomes Praemo to Partners in THINC
News September 1, 2017
Okuma America Corp. welcomes Praemo to Partners in THINC
Okuma America Corp., Charlotte, N.C., a manufacturer of CNC machine tools, welcomed Kitchener, Canada-based Praemo, which is in applied industrial internet of things and artificial intelligence, to Partners in THINC.
Metalcutting machine market size worth $9.79 billion by 2025
News September 1, 2017
Metalcutting machine market size worth $9.79 billion by 2025
The global metal cutting machine market is expected to reach $9.79 billion by 2025, according to a new report by Grand View Research Inc. Increasing demand from automotive industry has been a key factor driving market growth, globally. In addition, robust growth in various application industries such as electronics, defense, marine, construction and aerospace is also fueling the demand.
News September 1, 2017
Dignity Medical Solutions, Quest Specialty Products ally to manufacture novel medical product
Dignity Medical Solutions, Inc. (DMS), a group of doctors, scientists and engineers focused on developing technologies that improve the health and dignity of patients worldwide, has partnered with Quest Specialty Products, Inc. to manufacture the TIMO Solution (TIMO), a safer, healthier, and more cost-effective method to manage urinary incontinence. The two companies recently signed an agreement that will provide DMS with the manufacturing, service and support infrastructure needed to market TIMO along with shipping, receiving and inventory management services. The first product release is anticipated in the fourth quarter of 2017.
Occupational-hazard study: Hardmetal workers can breathe easy
News September 1, 2017
Occupational-hazard study: Hardmetal workers can breathe easy
Workers in the hardmetal industry are not at increased risk for lung cancer or any of 63 other potential causes of death, concluded the largest and most definitive study on this population to date. The University of Pittsburgh Graduate School of Public Health-led study of more than 32,000 workers in five countries was performed after smaller studies indicated that tungsten carbide with a cobalt binder—the primary ingredients in hardmetal—may be linked to an increased risk of lung cancer. Hardmetal is a human-made substance second only to diamond in hardness. It's used in metal cutting tools and drill bits.
Concurrent Technologies Corp. celebrates 30 years
News August 29, 2017
Concurrent Technologies Corp. celebrates 30 years
Concurrent Technologies Corp. celebrated its 30th year with a luncheon Friday outside its main facility in Johnstown. The R&D company of about 550 employees works primarily with military contracts and advanced manufacturing techniques. Current projects include friction stir welding, which can strengthen joints in thicker metal, additive manufacturing for repairs of temperature-sensitive or hard-to-reach parts, and laundry and shower wastewater recycling for military outings.n
News August 29, 2017
Ivy Tech machine tool program secures grant funding
Ivy Tech Community College has secured a $15,000 grant with which to support scholarships and credentialing for the machine tool technology program at the East Chicago location of its Lake County campus.

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