Industry News
07/26/2017
Newton, Kan.-based Bunting Magnetics Co., which specializes in magnet and magnetic equipment design, manufacturing and distribution, has appointed Bill Wagner to the executive leadership team as the CFO.
07/26/2017
Fives Landis Corp., Hagerstown, Md., a manufacturer of precision grinding solutions and grinding accessories, will open a technology center at its headquarters.
07/26/2017
Florence, Ky.-based Mazak Corp. continues its advancement toward the complete digitization of all its manufacturing operations with the recent transformation of its Oguchi, Japan, facility into yet another Mazak iSmart Factory.
07/26/2017
Absolute Machine Tools Inc., Lorain, Ohio, has hired David Grega as COO. He will oversee the operation of Absolute's technical centers in Lorain and Mason, Ohio; Livonia, Mich.; and Elgin, Ill.
07/26/2017
Richmond, Ind.-based Osborn has picked Paul Dent to be its new director of sales for the Load Runners division.
07/25/2017
Irvine, Calif.-based CGTech, creator of Vericut, and MachiningCloud Inc., Camarillo, Calif., have announced a Vericut enhancement in MachiningCloud software whereby Vericut customers can import cutting parameters from cutting tool manufacturers from within MachiningCloud directly into Vericut.
07/25/2017
Driven by improving demand and steady global economic recovery, Taiwan's manufacturing output in terms of revenue is expected to grow 3.87 percent to NT$17.54 trillion (US$576 billion) this year, said the Industrial Technology Research Institute's Industrial Economics and Knowledge Center. Meanwhile, IEK said that in value-added terms, Taiwan's machine tool industry is the worst-performing segment behind all other segments of the manufacturing sector.
07/25/2017
President Donald Trump has issued an executive order on assessing and strengthening the manufacturing and defense industrial base and supply chain resiliency of the United States. He said strategic support for a vibrant domestic manufacturing sector, a vibrant defense industrial base and resilient supply chains is a significant national priority. A comprehensive evaluation of the defense industrial base and supply chains, with input from executive departments and agencies, has been ordered to assess the nation's strengths and weaknesses.
07/25/2017
Riverside Tool Corp., Elkhart, Ind., a Techniks Industries company, has acquired Cape Coral, Fla.-based General Saw Corp.
07/25/2017
The Valley Morning Star (Harlingen, TX) reports on how tool and die technology at Texas State Technical College has given student and former college dropout Andy Juarez "a new lease on life." Juarez plans to get his associate degree this Fall. "After speaking to supervisors at Arlington-based United States defense contractor and industrial corporation, Raytheon, he has a position waiting for him immediately after he graduates." The whole story is at the link.
07/25/2017
Japan’s manufacturing activity has fallen to an eight-month low in July, according to IHS Markit survey results. The Nikkei Flash Japan Manufacturing Purchasing Managers Index (PMI) for July is calculated to be a seasonally adjusted 52.2, following a 52.4 level in June. The Flash Manufacturing Output Index was pegged at at 51.4, down from 52.2 in June and the weakest growth in 10 months.
07/24/2017
Midwest Industrial Tool Grinding Inc., Hutchinson, Minn., has been named a finalist in the Workforce Development Award category for the Minnesota Business 2017 Manufacturing Awards.
07/21/2017
AGCO Corp., a worldwide manufacturer and distributor of agricultural equipment, announced ths week that it is increasing the efficiency, quality and safety of its manufacturing programs by doubling the number of Glass, an assisted reality, wearable headset device being used in its Jackson, Minnesota, factory, and will begin using Glass at six additional factories.
07/21/2017
Allied Machine & Engineering Corp., Dover, Ohio, a tooling manufacturer of complete holemaking solutions, has announced its new engineering training department, which provides comprehensive, hands-on education programs for new employees, end users and distributors from around the world.
07/21/2017
Lincolnshire, Ill.-based GF Machining Solutions LLC's System 3R, which supplies modular workholding/tooling systems, automation and software, is celebrating its 50-year anniversary.
07/21/2017
Seco Tools, LLC has partnered with Ferris State University (FSU) in Big Rapids, Michigan, to offer local area engineering students an opportunity to participate in a multi-year internship program at Seco. The program invites the top three engineering applicants to participate for an initial first year internship. Based on their interest and performance, the students may be asked back for a second year. Graduates of the program will often be offered employment by Seco.
07/20/2017
For today’s manufacturers of precision components, there’s no getting around deburring, rounding and polishing. These production steps are often seen as a necessary evil due to the high costs associated with them in some cases. Use of the right technology permits reliable processing at reduced costs.
07/19/2017
The 6 S system is a modified version of the lean manufacturing principle of 5 S. Developed by Taiichi Ohno, an industrial engineer for Toyota, lean production is a systemic method designed to optimize the efficiency of a business. Lean was born from the more specialized Toyota Production System, which is a system that helped Toyota grow from a small automobile manufacturer when it was founded in 1937 to where it is today: one of the largest manufacturing conglomerates in the world.
07/19/2017
"The clunky, AR device never really clicked with 'cool cache' in the public domain, but in the professional or industrial workplace Google Glass is turning out to be incredibly useful. Stripped of the Insta-photo, email-checking trimmings, the device is now being used to cleverly enhance workflows and make it easier for people to do their jobs."
07/19/2017
Stents and tubes are used in countless medical devices and new ones are being added every day, fueled in part by the growth of minimally invasive surgery and the commonplace use of stents. The sheer number and diversity of devices is rapidly increasing – and with it, the demand for more and more laser cut stents; flexible tubing, cannulas and micro cannulas, needles, biopsy devices and other minimally invasive tools.