Industry News

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.

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.

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.

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.

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%.

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

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.

To help its customers unlock the power of digital technology and the Smart Factory, Walter USA recently opened a new Technology Center at its worldwide headquarters in Tübingen, Germany. The 16,400 sq. ft. center combines the functions of an interactive experience center and a research facility, according to a Walter press release.

Although toolholders are known to be critical components in the precision machining process, the unique details that differentiate a "standard" toolholder from one that is designed for more precise, high speed work can be subtle. Like the parts they are used to create, precision toolholders are machined to exacting tolerances to create the optimum fit within the spindle, concentricity and balance. The more precise the work, the more these factors come into play.

According to the U.S. Bureau of Labor Statistics' monthly employment report, 28,000 new manufacturing jobs were added in the U.S. in February—more than double the January number. Over the past 3 months, manufacturing has added 57,000 jobs. The rate of increase in February marked the fastest pace of manufacturing job creation since late 2014.

Economic pundits anticipate global machine tool consumption will increase 2.1 percent in 2017, reaching a market value of $73.6 billion, according to the German Machine Tool Builders' Association, Frankfurt am Main, Germany. The group released the machine tool business data at a March 9 press conference in Chicago for the EMO trade show, which takes place Sept. 18 through Sept. 23 in Hanover, Germany.

Worldwide manufacturing business conditions showed the largest improvement for more than five-and-a-half years in February, with global trade expanding at the fastest rate for just under six years and optimism about the future continuing to improve. Manufacturing input prices meanwhile continued to rise markedly, albeit with the rate of increase easing slightly during the month. The JPMorgan Global Manufacturing PMI, compiled by Markit, rose from 52.7 in January to 52.9 in February; its highest since May 2011.