Industry Trends & Analysis

Articles October 15, 2015 Alan Richter

Future of manufacturing: Industry Trends & Analysis

CTE Editor Alan Richter visited the Digital Manufacturing and Design Innovation Institute at Chicago's Goose Island in September for a peek into the future of manufacturing at an event coordinated by Blaser Swisslube Inc.

Articles October 15, 2015 Alan Richter

Private equity funds, venture capitalists partner with precision parts manufacturers poised for growth

Running a successful machine shop takes more than having advanced machine tools, high-performance cutting tools and machinists that boost productivity. A manufacturer of precision metal parts might also need a strategic partner that has the network, expertise and — last but not least — capital to penetrate new markets, overcome capacity constraints and make investments to help the business grow.

News October 6, 2015

Stratasys publishes 3D printing forecast

Direct manufacturer Stratasys Direct Manufacturing published the results of a trend forecast on 3D printing's place in the manufacturing world. "To get a more complete sense of 3D printing's imminent impact on manufacturing we needed to look beyond our factory walls," explained Stratasys CEO Joe Allison in the study's forward. "So we sponsored an independent survey of serious, professional users of 3D printing, many of them working for companies with over $50 million in revenue."

News September 11, 2015

Manufacturing workforce pipeline ‘on track’ in Ky.

Bowling Green, Kentucky, Sept. 11, 2015 (GLOBE NEWSWIRE) — The Bowling Green Area Chamber of Commerce on Sept. 11 launched the On Track motorsports education initiative in conjunction with the Warren County Area Technology Center, Southcentral Kentucky Community and Technical College, Western Kentucky University and Holley Performance Products.

News September 10, 2015

Manufacturing growing at slower pace

Economic activity in the manufacturing sector expanded in August for the 32nd consecutive month, and the overall economy grew for the 75th consecutive month, according to the nation's supply executives in the latest "Manufacturing ISM Report On Business" released Sept. 1.

News September 9, 2015

August manufacturing technology orders down

August U.S. manufacturing technology orders totaled $285.92 million according to AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the USMTO program, was down 10.2 percent from July's $318.48 million and down 21.2 percent when compared with the total of $362.65 million reported for August 2014. With a year-to-date total of $2,771.23 million, 2015 was down 10 percent when compared with 2014.

News August 28, 2015

PRAB acquires Puckmaster

Industrial material handling equipment manufacturer PRAB Inc., Kalamazoo, Mich., has completed its purchase of Puckmaster Co., manufacturers of briquetting machines for metal compression and coolant collection.

News August 17, 2015

Smalley donates waterjet machine

Smalley Steel Ring Co., a designer and manufacturer of retaining rings and wave springs, donated an OMAX 2652 to the College of Lake County (CLC) in Grayslake, Ill.. The abrasive waterjet machining center is the college's first and broadens the CNC/Machine Tool Trades Department's ability to offer the waterjet technology skills sought by many employers recruiting CLC graduates, including Smalley.

News August 5, 2015

Airline industry lifts manufacturing

Industrial Info Resources, a market research company based in Sugar Land, Texas, reported Aug. 5 that demand for aircraft parts has helped give rise to U.S. manufacturing plant expansions.

News August 5, 2015

Okuma expands warehouse, increases service

Charlotte, N.C.-based Okuma America Corp.'s newly-expanded warehouse increases the company's capacity for mechanical repair and exchange service, providing faster spindle and cam box replacement service, according to the company.

News August 5, 2015

Veterans bring skills to Fives Machining

U.S. military veterans are finding post-service success at machine tool builder Fives Machining Systems, putting their troubleshooting skills and technical experience to work in field service and customer support positions. Since 2014, the company has hired nearly 20 former members of the various military branches at 10 field service locations throughout the U.S., as well as accepting veterans into its apprenticeship program.

News August 1, 2015

3D printing cuts production costs in half

Stratasys Ltd., a leading global provider of additive manunfacturing (AM) solutions, this week reported that Italian Service Bureau, ZARE, has halved production costs for its direct manufacturing customers in automotive and aerospace since purchasing a fleet of Stratasys Fortus 3D Production Systems. In a July 22 news release issued by Stratasys, which is headquartered in Minneapolis, Minn., and Rehovot, Israel, the AM company underscored ZARE's decision to use 3D printing for production parts.

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