Industry News for 02/2017

Metal additive manufacturing has yet to fully break into mainstream manufacturing operations. While the market is growing significantly, it’s still rare to find metal 3D-printing capabilities outside large corporations or advanced research institutions. It’s particularly rare to find the capability married with advanced multiple-axis CNC machining capabilities. Imperial Machine & Tool Co., Columbia, N.J., is an advanced manufacturing company that has done just that.

One of the activities CTE Editor Alan Richter enjoys most about his job is touring production facilities. The visits give him a chance to see how parts and products are made while meeting face-to-face with talented metalworking professionals.

Sweden-based information technologies provider Hexagon AB has announced an agreement to acquire MSC Software Corp., the Newport Beach, Calif. based provider of computer-aided engineering solutions such as simulation software. The agreed-upon purchase price is $834 million. The acquisition is subject to clearance and standard regulatory filings and is expected to be complete in April of 2017.

The January 2017 Manufacturing ISM Report On Business, a national report that reflects the state of manufacturing throughout the United States, showed increased economic activity in manufacturing in the month of January, with overall economic growth for the 92nd consecutive month. 

The Robotic Industries Association has announced that in 2016 the North American robotics market broke all-time records for orders and shipments. During the year, 34,606 robots valued at approximately $1.9 billion were ordered in North America, representing growth of 10 percent in units over 2015.