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Latest Industry News

News August 25, 2016
Data-led Small Businesses Grow Revenue More than Data-shy Ones
Small businesses that use data to help make decisions are more strongly growing revenue as compared to their counterparts who use data on a limited basis, according to new research from Exact and Pb7 Research. The findings show that businesses across the U.S. and Europe who lean on data insights reported revenue growth of 21 percent in the last financial year, as compared to 9 percent for businesses reporting limited use of data.
5ME secures rights to cryogenic tech
News August 25, 2016
5ME secures rights to cryogenic tech
5ME recently acquired 51 patents in four patent families from Creare, an innovator in cryogenic systems and fluid dynamics. The acquisition gives 5ME control of the intellectual property related to cryogenic machining – specifically, the process of transmitting liquid nitrogen at -321° F through the spindle/turret and tool body, directly to a cutting tool's edge.
Leadership Series at IMTS
News August 25, 2016
Leadership Series at IMTS
The Make & Elevate Manufacturing Leadership Series will take place September 12-14 to coincide with IMTS (International Manufacturing & Technology Show). The series offers two components: the three-day "Mastermind Forum" and a "One-Day to Elevate Workshop," both designed to help manufacturing leaders take their businesses to the next level.
Established Machining Processes Scrutinized
News August 24, 2016
Established Machining Processes Scrutinized
It is a reminder of the race between the hare and the hedgehog: Materials are becoming stronger, tougher, more resistant. But the manufacturers of precision tools manage time and again, often in collaboration with research institutes, to also efficiently machine the most demanding materials after a relatively short time. In this interview Professor Dr.-Ing. Dirk Biermann, Director of the Institute of Machining Technology (ISF) at the Technical University of Dortmund, explains the current developments and challenges surrounding the tool.
News August 24, 2016
Metal Additive Manufacturing Goes for Gold at Rio Olympics
SLM Solutions played its part helping athletes strive for gold at the Rio Olympics by providing selective laser melting metal additive manufacturing technology to help bicyclists improve their equipment. SLM Solutions customer Erpro & Sprint is a leading company in the field of digital manufacturing in France, offering a range of 3D printing services at its facility just north of Paris.
Fastems Implements ThingWorx to Provide Remote Service
News August 24, 2016
Fastems Implements ThingWorx to Provide Remote Service
PTC announced that Fastems, a Finnish manufacturer of factory automation systems with North American headquarters in West Chester, Ohio, will integrate PTC ThingWorx technology into its flexible manufacturing systems. The new technology will facilitate remote systems monitoring and condition-based maintenance. These new service options will enable its customers to increase system uptime and production capacity.
“Manufacturing Doesn’t Pay Well Nor Make Much Money – So Why Fixate On It?”
News August 18, 2016
“Manufacturing Doesn’t Pay Well Nor Make Much Money – So Why Fixate On It?”
At Forbes, commentary by Adam Smith Institute Fellow Tim Worstall: "There seems to be some idea that making things in huge sheds is a well paid occupation – it isn't. Or that making things is hugely profitable for a company – it isn't. And if it isn't either of those things then nor is it hugely important to an economy."

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