Industry News

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.

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.

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.

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.

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."

With demand for machine tools still weak in China and a drop-off in Japan, capital investment is losing momentum worldwide, according to a Nikkei Asian Review report.

With a high-precision machining center placed in the Institute for Machine Tools and Production Processes, researchers are entering into a new dimension in micromanufacturing.

Rodney Brooks, founder of Rethink Robotics, introduced the concept of cost-effective and collaborative robotics in manufacturing. He explains why he believes robots like Rethink's Baxter and Sawyer won't endanger jobs.

UNITED GRINDING conducted a groundbreaking ceremony August 9 for its new North American headquarters to be built in Miamisburg, Ohio. With the new facility, the grinding machine builder says it will further strengthen its customer service and support, and boost its operational agility for even faster response to ever changing customer needs.

More than 2,000 companies will be exhibiting manufacturing solutions at IMTS 2016.