Industry News for 06/2016
Most manufacturers offer at least occasional in-house instruction as factory work has become more about brains than brawn. But Tooling U-SME, an organization focused on manufacturing education that's part of an industrial nonprofit in Dearborn, Mich., found in a recent survey that just 25 percent have a structured training program.
Michigan Manufacturing International (MMI) was founded in 1991 in Michigan by Jacob Prak. A number of moves were necessary as the operation outgrew each location, but the name remained the same. In November 2013, MMI built a 40,000 square foot building in Stevensville, Md., and currently occupies 12,000 square feet of that space.
Economists have been debating the performance of business investment during the current recovery. Much of the debate has centered around the relative importance of policy (such as regulation) and demand. Meanwhile, from a company’s perspective, it probably doesn’t make sense to invest when its existing plant and equipment are already underutilized.
The National Institute for Metalworking Skills (NIMS) released the first-ever industry Computer Aided Manufacturing (CAM) standards. Developed over the course of a yearlong intensive nationwide validation process with more than 125 subject matter experts from companies who use a variety of CAM software, the standards define the competencies and skills expected by industry for entry-level CAM positions.
Manufacturing technology orders for April 2016 were down 27.5 percent from the same month a year ago, according to the latest U.S. Manufacturing Technology Orders report compiled by AMT – The Association For Manufacturing Technology. Year to date, orders are down 16.6 percent compared to the same point in 2015.
Indiana job shop cuts insert costs in half and triples tool life with Beyond Evolution grooving and cut-off tools, according to a case study submitted by Kennametal Inc.
With two in three manufacturers unware of the true cost of system downtime and mechanical failure, Gill Sensors & Controls discuss how its new condition monitoring sensors help reduce downtime, associated costs and improve reliability of large manufacturing gearboxes.
The first automobile internal-combustion engines used a camshaft to open and close poppet valves. Now, more than 100 years later, camshafts are still used and their basic function hasn’t changed—even though camshaft geometries, materials, surface finishes and tolerances have improved greatly to achieve better fuel economy, lower emissions and larger torque.
Technology advancements and the Industrial Internet of Things are making outcome orientation more feasible, according to the Harvard Business Review. For example, when Rolls Royce or GE provide a “power by the hour” engine solution, they are delivering an outcome and potentially more value to the customer.
Economic activity in the manufacturing sector expanded in May for the third consecutive month, while the overall economy grew for the 84th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business. The report was issued June 1 by Bradley J. Holcomb, chair of the Tempe, Ariz.-based Institute for Supply Management (ISM) Manufacturing Business Survey Committee.