Industry News for 02/2020
In 2020, companies in the industrial supply sector should be neither bullish nor bearish but remain status quo. Consider the mixed U.S. economic performance in 2019 that benefited from an unexpected rise in the employment labor participation rate and corresponding lower unemployment rate but from a gross domestic product standpoint saw a dip compared with 2018.
Industrial process success is most commonly defined by two parameters: production rate and yield. In the simplest terms, make as much as you can in the shortest amount of time. Understanding both the process requirements and production environment allows companies to optimize their production rates, resulting in lower cost per part and higher profit.
The transformational wave sweeping across numerous industrial sectors and markets is presenting companies with new and ever-shifting challenges, and this is also applies to industrial component and surface cleaning. This trend is fully reflected by parts2clean 2020, which takes place Oct. 27-29 in Stuttgart, Germany. For virtually every high-tech application in the fields of manufacturing and reprocessing, parts2clean is the information and procurement platform of choice for users of industrial cleaning technology.
Customers and partners of BIG KAISER Precision Tooling teamed up to generate a $7,283 donation to benefit the National Robotics League (NRL). The amount is nearly 10% more than last year and the fourth year-over-year increase in NRL funding from BIG KAISER.
It took six years of experimentation and trial and error along with tool grinding know-how for West Ohio Tool Co., a specialty cutting tool shop in Russells Point, Ohio, to develop its own commercially available cutting tool. The revolutionary tool is a solid PCD drill that generates from 800,000 to 1,000,000 holes in die cast aluminum without regrind or re-tipping required.
Imagine you’re trying to learn a new tune on the piano, but the sheet music only has one note out of every ten. Wouldn’t that be pretty hard? That’s what it’s like learning what your machine is doing with data that only plays a few notes from the entire piece. Just like Chopin, a machine writes complex, nuanced melodies that get shortchanged when an incomplete picture is represented in the notes it plays, the data.
Rice University engineers have one-upped their own technique to increase security for the "internet of things." In truth, their upping is far greater than one.
Finally, a unique take on the traditional V-Block which allows you to complete a wider range of projects than ever before. Introducing the Uni-Vee, a useful solution to some common and tedious workpiece fixturing difficulties.
As an industry #ANCATooloftheYear celebrates the knowledge and imagination of cutting tool craftsmen, creating tools with the perfect geometry, profile and finish that shape and build our world every day.
Amidst the growing demand from automotive industry, metal forging market is set to witness a robust growth rate of more than 7%. Within the automotive sector demand is soaring for high-performance forged components for cars, trucks and commercial automobiles, thus augmenting the demand for metal forging. Metal forging is witnessing a surge in automotive applications on back of its durability, strength and reliability.
In 2019 alone, SilencerCo was able to realize remarkable improvements in both the efficiency and profitability of their production leveraging MachineMetrics. SilencerCo started their implementation with the goal to capture real-time manufacturing data for their business systems in an effort to improve decision making and set realistic benchmarks for future improvement. Download this case study to learn how they achieved these goals as well as other significant gains they experienced across the organization.
The leaders in metalworking and metal forming industries understand fluid recycling can have a positive effect on their bottom line. Coolants have improved significantly and are now better than those available 10 or 15 years ago. They last longer, but the cost has also increased. Depending where a business is located, shop managers may pay up to $50 per gallon for coolant. Disposal costs also vary significantly, anywhere from 25 cents to $6 per gallon.
After 14 years in service, a Studer S40 grinding machine that had over 45,000 hours of run time now produces precision components to tolerances it achieved when brand new. The Studer factory in Switzerland performed the rebuild that involved completely overhauling the machine, and while doing so also provided the machine’s owner LMT Kieninger with a loaner to ensure the customer’s production would continue uninterrupted.