Industry News

07/11/2017
The worldwide installed base of Internet of Things (IoT) endpoints is expected to grow from 14.9 billion at the end of 2016 to more than 82 billion in 2025. However, a study conducted by Cisco shows that 60 percent of IoT initiatives stall at the Proof of Concept stage and only 26 percent of companies have had an IoT initiative that they considered a complete success. A third of all completed projects were not considered a success.
07/10/2017
Amidst the ongoing discussion of how to interest young people in manufacturing careers comes news of one young person who certainly is. The Westfield (N.Y.) Republican profiles Andy Reinwald, the 24-year-old owner of Ripley Machine & Tool.
07/07/2017
An Australian manufacturer of rotary shank cutting tools, Sutton Tools, has gained market share in the highly competitive aerospace industry by producing superior tools using the linear motor technology on ANCA’s MX7. To gain traction in the aerospace market Sutton’s needed to push the boundaries of what could be expected from a tool machining materials in the aviation industry.
07/07/2017
Metal laser melting is used in many sectors. The advantages of the technology over machining not only lead to peak performances in motor sports and aerospace, but even pave the way for ground-breaking success in the medical technology sector. One example of this is the use of a 3D-printed bone drill, which is capable of preventing possible tissue damage caused during operations with traditionally manufactured drills.
07/05/2017
Economic activity in the manufacturing sector expanded in June—up 2.9 percent from May—and the overall economy grew for the 97th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business.
07/03/2017
The St. Louis Post-Dispatch reports: "Years before President Donald Trump began promising to bring back good manufacturing jobs by getting tough with U.S. trade partners, such jobs had already been on the rise, largely thanks to foreign companies now cast as villains in Trump’s narrative. A Reuters analysis of federal jobs data shows that out of 656,000 new manufacturing jobs created between 2010 and 2014, two-thirds can be attributed to foreign direct investment."
07/03/2017
The sector has shrunk, but "it still draws more than a third of foreign direct investment in the country, and foreign companies still employ nearly 1 in 5 people in manufacturing jobs," the feature points out.
07/03/2017
A profile of Basin Precision Machining LLC in the Jefferson Co. (Wisconsin) Daily Union describes the company's pioneering use of an ATL iTEM400/600 thermal deburring machine--the first to be used in the U.S. In the feature, Basin president and CEO Erik Anderson contrasts traditional deburring via cutting or drilling with the new ATL process: "We actually take the sharp edges off of a part with an explosion." The machine uses a controlled explosion to generate 6,000 degrees in 20 milliseconds, which oxidizes burrs off of a part.
06/30/2017
Canada's CBC News reports on Allan Robichaud, who decided to go back to school at age 69—making him twice as old as his instructor—after nearly a decade of retirement. Now 70, he just completed a year-long course in welding and metal fabrication at New Brunswick Community College—the best year of his retirement, he said.
06/30/2017
Omaha World-Herald: The grants, worth up to $175,000 each, are provided through a program proposed by Nebraska Governor Pete Ricketts and started in 2015 to help meet Nebraska’s need for skilled workers. The initiative aims to reach middle school students and get them thinking about careers in manufacturing and technology. The companies will work with their local schools in developing the local programs.
06/30/2017
The Interesting Engineering web site has collected what it calls the “10 Most Satisfying CNC Milling Machine Videos on the Internet.” Mazak, Datron, Ingersoll and Te-Co are among the companies represented. Cool visuals made possible by cool machines.
06/28/2017
The CECIMO General Assembly that recently concluded in Rotterdam confirmed that, based on solid booking numbers, the European production of machine tool is set to grow by almost 4% in 2017 and surpass a volume of 25 billion euro. Members also agreed that policy-makers should refrain from designing strict regulations on access to and sharing industrial data. CECIMO is the European association representing the common interests of the Machine Tool Industries globally and at EU level.
06/28/2017
Boeing and Georgia Tech formally opened a new advanced development research center designed to solve some of the toughest technical challenges in manufacturing. In the Boeing Manufacturing Development Center, company researchers and Georgia Tech engineering students will work together to implement automation in industrial applications. The center is located in Georgia’s Tech new 19,000-sq.-ft. Delta Advanced Manufacturing Pilot Facility.
06/28/2017
Capgemini’s Digital Transformation Institute reports that manufacturers expect investments in smart factories will drive a 27 percent increase in their operation efficiency over the next five years. This would add $500 billion in annual added value to the global economy. Fifty-six percent of surveyed manufacturing executives said their companies have invested $100 million or more in smart factory initiatives over the past five years, while 20 percent claim to have invested $500 million or more.
06/27/2017
Creditsafe USA has released the findings of an in-depth analysis of the US manufacturing industry. Despite recent overall consistent performance, the study highlights several areas of concern across the entire sector in particular the rate of bankruptcy signaling the possibility of an industry slowdown. With the manufacturing industry being the largest area of employment in the US, any decline could have a catastrophic effect on the overall US economy.
06/27/2017
Communities with large numbers of residents who have only high school degrees or earn low salaries are at risk of losing many jobs to automation and offshoring, says a new report from Ball State University. “How Vulnerable Are American Communities to Automation, Trade and Urbanization?” also found that the rise of automation and offshoring could extend such job losses beyond the factory floor.
06/27/2017
“I wish I knew then what I know now”. Who among us would disagree with that statement? Such is the case for so many things in life, and Lean is no different. As we all progress along our Lean journeys, we will sometimes pause and wonder why we didn’t see certain things as we do now. It’s important to remember that you can only make decisions based upon the data you have at the moment … so in other words, don’t beat yourself up because you only achieved “better” and not “best.” It is referred to as “continuous improvement” for that very reason – it’s a process, not a magic bullet, and it takes time to do right.
06/27/2017
For a wide range of facilities that manufacture, process, blend, convey, repackage, generate or handle items that could be categorized as combustible dusts or particulate solids, new NFPA standards and even the first deadline to conduct a dust-hazard analysis are now on the books, adding to the responsibilities of owners and operators of such facilities.
06/26/2017
The GROB Group and Open Mind are joining forces to offer a complimentary two-day technology seminar on August 1-2, 2017. Grob, a manufacturer of universal machining centers is partnering with Open Mind, a developer of CAM/CAD systems, to present innovative production solutions for aerospace and other industries at GROB’s U.S. headquarters and manufacturing facility in Bluffton, Ohio.
06/26/2017
When was the last time you took a serious look at your supply chain? You may be surprised to learn that many of the advantages to offshoring have eroded in recent years.