Industry News

News • March 24, 2017 • Michael C. Anderson

Ethics in Manufacturing

In the 1987 movie "Wall Street," the archetypal corporate villain Gordon Gekko memorably argues that "greed is good"—and that the bottom line is the only good a dutiful company need pursue. Thirty years on, Ethisphere Institute has announced 124 companies spanning five continents, 19 countries and 52 industry sectors as the 2017 World's Most Ethical Companies honorees. Of these, four are in the category of Industrial Manufacturing: 3M Co., Deere & Co., Milliken & Co. and Timken Co. Kennametal Inc., Latrobe, Pa., is the only honored company in the category of Machine Tools and Accessories.

News • March 24, 2017 • Alan Richter

On Robot introduces grippers for cobots

On Robot ApS, a Danish manufacturer of grippers for collaborative robots (cobots) that was founded in 2014, is introducing its technology to the North American market and has appointed Gary Eliasson as its general manager for North America. He will be based in Charlotte, N.C. "My goal is to set up a North American distribution channel," he said.

News • March 22, 2017

Kitagawa North-Tech to open new facility in Mexico

Kitagawa North-Tech Inc., Schaumburg, Ill., reportedly will open a new office and warehouse facility in Queretaro, Mexico, on April 7. Kitagawa North-Tech, which makes standard chucks, advanced chucks, cylinders, steady rests, custom-engineered workholding and workholding accessories, described the new facility as a demonstration of the company's "commitment to Mexican customers," according to a March 17 company news release.

News • March 22, 2017

Manufacturing software maker Plex Systems exploring sale?

Sources tell Reuters that Plex Systems Inc, a privately held U.S. maker of software used to run manufacturing plants, is exploring a potential sale that it hopes will value it at more than $1 billion, including debt. The move comes as the world's largest industrial companies, from General Electric Co. to Siemens AG, seek to snap up software assets to modernize their manufacturing processes, improve their supply chains and cut costs.

News • March 20, 2017

GF Machining adds sales support to western region

GF Machining Solutions this month appointed two new regional managers in the Western Region to support growing sales of the company's machines, automation solutions and services, especially for the tool and moldmaking industries, according to a March 15 company news release.

News • March 20, 2017

Cortec Corp. celebrates 40th anniversary

In October 1977, the Cortec Corp. developed vapor phase corrosion inhibitors (VpCIs) that allow clean, dry, more environmentally friendly methods of corrosion protection for multi-metals. At a time most companies still relied on inorganic chemistries, Cortec established its first groundbreaking technological platform of organic corrosion inhibiting chemistries.

News • March 20, 2017

Reuters: U.S. factory, consumer sentiment data boost economic outlook

U.S. factory output increased for a sixth straight month in February while consumer sentiment rebounded in early March, underscoring the economy's resilience even as growth appears to have slowed significantly in the first quarter. That was supported by other data on Friday showing a gauge of future economic activity rose in February to its highest level in more than a decade.

News • March 17, 2017

Programs at high schools provide manufacturing skills

SMTCL USA Inc., City of Industry, Calif., received an award at the Digital Manufacturing Showcase event Feb. 10 from Galesburg High School for the machine tool builder's part in a new partnership bringing manufacturing training to high school students. This program gives students an opportunity to learn CAD, CNC programming and CNC operation. Students from six local high schools will be able to take the classes.

News • March 17, 2017

Millions of manufacturing jobs could go unfilled

Donald Trump promises to bring factory jobs back to the U.S. from overseas, but many blue-collar workers are hurt more by a lack of skills than by globalization.

News • March 16, 2017 • Michael C. Anderson

Survey: U.S. manufacturers ready to embrace Industry 4.0

The U.S. manufacturing industry is rushing to embrace technology as a critical part of its processes and plans to make new technological investments in 2017, but barriers to Industry 4.0 adoption still exist, according to Automation Alley's 2017 Technology Industry Report. According to the report, 85% of national manufacturing executives said their company plans to increase budgets for technological advancements; nearly a third of them plan to increase their budgets by 10% to 15%.

News • March 16, 2017

Manufacturing’s ‘Hottest Jobs’

At Manufacturing Tomorrow, Greg Dyer of Randstad Commercial Staffing writes about "The hottest jobs in manufacturing in 2017." He notes "new technology, innovative production systems, a growing preference for American-made goods and a decline in offshoring are transforming U.S. manufacturing. There is an increased demand for technology-savvy workers to not only capitalize on the next industrial revolution, but to fill a critical void left behind by retiring workers." The hottest manufacturing jobs this year are: "production supervisor, maintenance mechanic, driver, machine operator and warehouse supervisor."n

News • March 14, 2017

Mitutoyo America announces organizational changes

Mitutoyo America Corporation (MAC), Aurora, Ill., on March 10 named Matt Dye as president and Doug Adkins as executive vice president, according to a company news release. Dye's predecessor, 40-year company veteran Shigeyuki Sasaki, has moved to Germany to support Mitutoyo European operations in an advisory role.