Industry News

03/13/2019
If a region is attracting new manufacturing companies, what's the fastest way to help them launch their businesses? The answer from Danville, Virginia, is the 51,250-sq.-ft. Center for Manufacturing Advancement.
03/13/2019
In Chicagoland, most owners of manufacturing companies are not only white but at the age of retirement and lacking succession plans. The owners' kids don't want to take over, or they don't have the skills to. The likeliest fate for these businesses is to be bought by private equity firms that fire the employees, sell off some assets and move on, meaning a huge loss of jobs and revenue in the region.
03/12/2019
At a manufacturing organization, a hardware design engineer or a factory floor manufacturing engineer can wear the hat of a citizen data scientist. Optimizing a design process or improving throughput/yield on the factory floor could be his or her goal to bring more business value out of processes.
03/12/2019
One of the biggest developments in the world of technology over the last few years has been that of digital twins. A digital twin is a virtual replica of a physical system, process or product. The technology essentially provides a real-time look at how a physical asset is performing.
03/11/2019
Chinese factories make up a third of the "manufacturing lighthouses," or principal drivers for adopting new technology in the fourth Industrial Revolution, according to a list by the World Economic Forum and management consulting firm McKinsey & Co. These advances in smart manufacturing should be encouraging for China, but the country already is undermining them.
03/11/2019
The following interview was conducted with Platinum Tooling’s President, Preben Hansen, at the company’s headquarters in Prospect Heights, Illinois. Hansen discusses the beginnings of Platinum Tooling, the transition period, changes, product lines and the future.
03/08/2019
There’s a common misconception that the manufacturing industry is almost universally male-dominated. In many people’s minds, the industry is old fashioned, hanging on to dated gender biases and excluding women from managerial roles that are key to climbing the industry ladder, such as production supervisors and operations managers. But the fact is, manufacturers are more forward-thinking than ever before, and women now make up nearly one-third of the manufacturing industry workforce in the United States.
03/07/2019
The mobility concept for individual transportation will in the relatively near future be a combination of progressively downsized internal combustion engines and electric drives, say some, while others predict that electro-mobility will secure jobs or even create new ones. This, at least, is certain: traditional metalcutting machines are a long way from being ripe for the scrap heap – equipped with smart technologies, they will also play a prominent role at the EMO Hannover 2019.
03/07/2019
Of all businesses, contract machining companies know what they want: Cincinnati-based firm Metalex Manufacturing Inc. already owns three Starrag machine tools, but after extensive benchmarking, the key customer has chosen to invest in a Droop+Rein T portal machining center from Starrag—its largest investment to date in every respect.
03/04/2019
Industrial Innovations has expanded its machine shop and fabricating capability and is offering CNC machining of prototype, custom and replacement parts, as well as short production runs and 4-axis machining for a variety of applications and industries such as automotive, medical and furniture.
03/01/2019
Manufacturers’ most valuable data is generated daily on shop floors, bringing with it the challenge of analyzing it to find prescriptive insights fast. This is an ideal problem for machine learning to solve.
03/01/2019
In 2019, we expect a continued strong, robust manufacturing sector. Even if there is some slowdown, the challenge for many companies this year remains, “How do we generate more with less?” as they face labor and talent shortages and increasing prices for labor, energy and cost of materials.
03/01/2019
The fact that polycrystalline diamonds (PCD) could “show profile” in October 1978 could be attributed to random chance, but could it have something to do with “luck”? But how did golf professional Tiger Woods answer when a journalist pointed out that he often had a lot of luck during his games? “The more I train, the more luck I have.”
03/01/2019
The Manufacturing Institute announced they will award Danielle Allen with the Women in Manufacturing STEP (Science, Technology, Engineering and Production) Ahead Award. The STEP Ahead Awards honor women who have demonstrated excellence and leadership in their careers and represent all levels of the manufacturing industry, from the factory-floor to the C suite.
02/27/2019
The market performance of the machine tool sector is highly dependent on commodity prices, macroeconomic conditions and sector performance (e.g., automotive, construction, aerospace, and ship building). According to IHS Markit Economy and Country Risk (ECR) information, a global recession is highly unlikely to occur in 2019. However, due to weaker global trade, pollical uncertainties, and other headwinds, global machine tools production revenue will only begin to improve late in 2020 or early in 2021.
02/27/2019
To address the often-vexing questions about Industry 4.0, there is a new smart Manufacturing blog named Ask the Machine Whisperer? This blog is intended to educate the manufacturing community about all things DNC, machine monitoring and IT networking. The blog is interactive, as there is a dedicated page where readers get to ask their own questions of Steven “the Machine Whisperer” Anderson.
02/22/2019
Boeing Co. has begun a sweeping transformation of its quality system, including the use of smart tools and automation. It also will eliminate thousands of quality checks because they are no longer necessary. The company told its union that it will cut about 450 quality inspector positions this year and potentially a similar number next year.
02/22/2019
Micro-Laser Assisted Machining Technologies Inc. makes laser-based tools to improve machining for ceramics, silicon and metal. The lasers generate heat of about 1,800 degrees Fahrenheit at a tiny point a tenth the width of a human hair, softening the target, greatly reducing cutting time and decreasing cutting tool wear.
02/20/2019
When it comes to cost-saving techniques, many manufacturers instinctively look toward making cuts; this could mean anything from laying off employees to pulling back on new technology. However, these methods can bring down morale and quash innovation, which allows competitors to get ahead.
02/20/2019
With words like quality, innovation and superior service defining this global manufacturer, it was only natural that the company would seek a partner with equally high standards when it came time to source its new centerless grinder.