Industry News

News • June 3, 2016

Mfg. needs to shift approach to sales

Technology advancements and the Industrial Internet of Things are making outcome orientation more feasible, according to the Harvard Business Review. For example, when Rolls Royce or GE provide a "power by the hour" engine solution, they are delivering an outcome and potentially more value to the customer.n

News • June 2, 2016

ISM releases May 2016 Manufacturing Report On Business

Economic activity in the manufacturing sector expanded in May for the third consecutive month, while the overall economy grew for the 84th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business. The report was issued June 1 by Bradley J. Holcomb, chair of the Tempe, Ariz.-based Institute for Supply Management (ISM) Manufacturing Business Survey Committee.

News • June 1, 2016

Doosan Celebrates Open House at North American Technical Center

The sales, engineering and executive staff at Doosan Machine Tools America hosted a festive open house recently, celebrating the company's recently expanded Technical Center in Pine Brook, N.J. The company welcomed valued customers and its North American distributor network.

News • May 31, 2016

NIST, partners create mfg. standards

According to the U.S. Energy Information Administration, manufacturing accounts for one-fifth of the annual energy consumption in the United States—approximately 21 quintillion joules (20 quadrillion BTU) or equivalent to 3.6 billion barrels of crude oil. To reduce this staggering amount and improve sustainability, manufacturers need to accurately measure and evaluate consumption of energy and materials, as well as environmental impacts, at each step in the life cycles of their products.

News • May 31, 2016

Study Shows Current Global Sourcing Trends

As part of a global business initiative, seven business schools from around the world, including Georgetown University's McDonough School of Business, the Wharton School at the University of Pennsylvania, and the Graduate School of Business at Stanford University, executed a multi-year research effort focusing on current practices and strategies associated with the sourcing of production and trends in a global supply chain.

News • May 26, 2016 • Superior Spindle Service

5 ways to extend CNC spindle life

For most manufacturers, the productivity of their CNC equipment can be measured in fractions of seconds when it comes to things like cutting or grinding cycle times and the intervals between tool changes. The performance of the spindle—the workhorse of the CNC machine—has a dramatic impact on that productivity.

News • May 23, 2016 • Don Nelson

Conference offers ‘Global View’ of cutting tool industry

The 2016 World Cutting Tool Conference offered informative, entertaining speakers and social events that provided ample opportunities to meet with and learn from colleagues from around the world.

News • May 17, 2016

Methods Machine Tools appoints new chief

Methods Machine Tools Inc., Sudbury, Mass., recently announced the appointment of Jerry Rex as Chief Operating Officer of all Methods Machine Tools operations, effective May 3. Rex, a manufacturing industry veteran with more than 25 years of management experience, complements Methods' strategic plans for future growth, according to a Methods Machine Tools news release.

News • May 17, 2016

Cheryl Bush awarded Women in Manufacturing STEP Award

Cheryl Bush, Director of Global Strategic Pricing at Kennametal Inc., Latrobe, Penn., recently received honors at the 4th Women in Manufacturing STEP (Science, Technology, Engineering and Production) Awards, which is presented by The Manufacturing Institute.

News • May 17, 2016

AMT announces 2016-17 officers, directors

The AMT Board of Directors, which represents the American manufacturing technology industry, recently named Richard L. Simons, President and CEO of Hardinge Inc., Elmira, N.Y., to serve as its Chairman.

News • May 17, 2016

Mahr Federal names new sales director

Mahr Federal, Providence, R.I., recently named Stuart Manser Director of Sales, Precision Gages for North America. , Manser will be responsible for planning and directing the sales team for the Precision Gage product line, including defining sales territory and hiring sales staff.

News • May 17, 2016

American National Carbide restructures management team

American National Carbide (ANC), which manufactures tungsten carbide products for the metalworking, agricultural, and energy industries, recently announced a major reorganization, according to a news release issued by the Tomball, Texas-based company. Newly appointed CEO D. Greg Stroud has named new vice presidents to lead the four major areas of the company.