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Latest Industry News

Radius Engineering and its cofounder awarded by SME
News April 2, 2017 Michael C. Anderson
Radius Engineering and its cofounder awarded by SME
Radius Engineering Inc.was recognized with the 2017 Excellence in Composites Manufacturing Award (small-company category) for supplying net-shape manufacturing technology and equipment contributing to improvements in design, quality and reduced manufacturing costs for numerous manufacturing companies throughout the aerospace composites industry. Company co-founder Dimitrije Milovich received a separate award, honoring his 40-plus years of leadership and innovation.
Monaghan Tooling Group hires new marketing manager
News March 29, 2017
Monaghan Tooling Group hires new marketing manager
Monaghan Tooling Group (MTG), Dayton, Ohio, a marketing and engineering company that provides the metalworking industry with world-class engineered tooling and services-is pleased to announce that Nick Coates has joined the company as Marketing Manager.
FANUC America Marks 35 Years of Manufacturing Robots in the U.S.
News March 28, 2017
FANUC America Marks 35 Years of Manufacturing Robots in the U.S.
FANUC America has marked the 35th anniversary of manufacturing its line of painting robots at the company's Rochester Hills, Mich., headquarters. In 1982, FANUC America produced its first NC Painter, a hydraulic paint robot using key components from parent company FANUC Corp. in Japan. Now, 35 years later, FANUC America remains globally responsible for all paint robots and door openers of the FANUC robot lineup.
Mazak, Muratec join forces in MAZATEC SMS smart manufacturing system
News March 27, 2017
Mazak, Muratec join forces in MAZATEC SMS smart manufacturing system
Yamazaki Mazak Corp. and Murata Machinery, Ltd. (Muratec) have collaborated in the development of the MAZATEC SMS, an advanced manufacturing system designed to provide efficiency by performing unmanned machining. It incorporates the internal factory material handling technology of Muratec with the advanced horizontal machining centers and multi-tasking machine tools of Mazak Corp.
Ethics in Manufacturing
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.
On Robot introduces grippers for cobots
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.
Kitagawa North-Tech to open new facility in Mexico
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.
Manufacturing software maker Plex Systems exploring sale?
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.
GF Machining adds sales support to western region
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.
Cortec Corp. celebrates 40th anniversary
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.
Reuters: U.S. factory, consumer sentiment data boost economic outlook
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.

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