Thu.Feb 08, 2024

article thumbnail

Neugart has a new management structure well positioned for the global future

Design World

In response to the challenges of the international mechanical engineering industry, the gearbox specialist Neugart, headquartered in Kippenheim, Baden, is adjusting its management structure: for the first time in the company’s almost one-hundred-year history, Swen Herrmann and Holger Obergföll are the company’s two managing directors who are not members of the owner families.

173
173
article thumbnail

Optimizing Overall Equipment Efficiency for Automation

Automation World

What is overall equipment efficiency, and how can it help make the most of machinery?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Used car market up as EV sales reach record levels

SMMT

UK used car transactions grow 5.1% in 2023, with 7,242,692 changing hands as improving new car market re-energises supply. Superminis and black paint most popular used car style choices, taking 32.1% and 21.4% of the market respectively. Battery electric car sales almost doubled, up by 90.9% to 118,973 – but at just 1.6% of the market, industry calls for VAT cut on new EVs so future supply can grow to meet second hand demand.

article thumbnail

Antaira Technologies Creates New Compact Ethernet Switch

Control.com

Antaira Technologies has recently released a new 8-port industrial Ethernet switch, designed to bring reliable connectivity to applications in harsh control system environments.

105
105
article thumbnail

5 Ways CMMS Software Transformed Brodericks Manufacturing Plant: A Case Study

Discover how CMMS (Computerized Maintenance Management System) transformed and revitalized Broderick's manufacturing plant in 5 productive ways. Before the CMMS, the plant faced challenges such as reactive maintenance due to staff shortages, inefficient inventory management, and poor team communication. With the CMMS, the plant experienced increased equipment uptime, streamlined maintenance processes, enhanced inventory management, improved communication, and better decision-making through real-

article thumbnail

Project 3 Mobility brings in $107M for its autonomous mobility ecosystem

Robotics Business Review

Project 3 Mobility says it wants to greatly expand its team with the latest funding. | Source: Project 3 Mobility Project 3 Mobility, which is developing what it called an “ecosystem of urban autonomous mobility,” has brought in €100 million, or more than $107 million, in Series A funding. The Zagreb, Croatia-based company said this latest investment will lay a foundation for its future development and growth.

Robotics 107
article thumbnail

Learning from the masters of business

The Fabricator

Warren Buffett, Katharine Graham, and Walt Disney are all remarkable because of their success and the way they lived their lives.

111
111

More Trending

article thumbnail

Labour set to row back on £28bn green spending pledge

E&T

The Labour Party is reportedly set to ditch its pledge to spend £28bn a year on green projects, following months of mixed messages on the plan.

98
article thumbnail

Used car sales: Q4 2023

SMMT

UK used car transactions grow 5.1% in 2023, with 7,242,692 changing hands as improving new car market re-energises supply. Superminis and black paint most popular used car style choices, taking 32.1% and 21.4% of the market respectively. Battery electric car sales almost doubled, up by 90.9% to 118,973 – but at just 1.6% of the market, industry calls for VAT cut on new EVs so future supply can grow to meet second hand demand.

84
article thumbnail

Uber makes a profit for the first time since going public

E&T

The ride-hailing app firm made $1.1bn last year for the first time since it became a public company in 2019.

105
105
article thumbnail

From Paper to a Model-Based Enterprise: A Journey Worth Taking

iBASEt

Information is as vast as it is fast-evolving, making the need for accurate, accessible, and adaptable data more pressing than ever. The complex discrete manufacturing industry, with its intricate processes and systems, is no stranger to these challenges. This is where the concept of a model-based enterprise (MBE) comes into play as a practical approach to dealing with the demands of the competitive manufacturing landscape.

article thumbnail

Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

article thumbnail

Designs for Australia’s First Lunar Rover Excavator Revealed By ELO2 and Freelancer

Manufacturer's Monthly

Australian freelancing marketplace Freelancer.com and space consortium ELO2 announced the phase one winners of the ELO2 Big Dipper Lunar Regolith Acquisition Challenge. The Australian Space Agency, in collaboration with NASA’s Artemis program, is embarking on an ambitious journey to design Australia’s first lunar rover. Announced in October 2023, the ELO2 Big Dipper Lunar Regolith Acquisition Challenge is an open invitation for innovators and enthusiasts to be a part of this groundbr

article thumbnail

Five Minutes With… Driving For Better Business’s Programme Development Managers

SMMT

Nigel Holmes , Sharon Mitchell and Jim Magner tell us why Driving For Better Business is important for fleets – and the companies which support them What are your roles at Driving for Better Business/National Highways? DfBB is all about cutting fleet road risk and making at-work drivers safer. The DfBB community is made up of fleet operators, which includes any business of any size using vehicles for work.

article thumbnail

Cisco Joins U.S. Department of Commerce Consortium Dedicated to AI Safety

Cisco Smart Manufacturing

Today, Cisco announced that it joined more than 200 of the nation’s leading artificial intelligence (AI) stakeholders to participate in a U.S.

article thumbnail

Government invests further $400m in lethal wingman drones

Manufacturer's Monthly

The Federal Government has secured hundreds of highly skilled jobs while driving innovation in Australia’s local defence industry with the allocation of an additional $399 million for the ongoing development of the MQ-28A Ghost Bat. The MQ-28A Ghost Bat, known as a Collaborative Combat Aircraft (CCA), is being developed in cooperation with Boeing Defence Australia.

article thumbnail

The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

article thumbnail

Converging On-Premises & Cloud Network Security Into a Unified Hybrid Strategy

Cisco Smart Manufacturing

At Cisco, virtually all customers I’ve met with have a cloud presence — regardless of the size of their industry.

86
article thumbnail

60,000th electric van joins UK roads

SMMT

The British van sector has started 2024 with a major achievement, with January seeing the arrival of the 60,000th battery electric van (BEV) on our roads since 2018. It follows almost 1,200 new BEVs being registered in the month – a sign that the market is accelerating, but it needs to move faster still. Businesses are actively reducing their carbon footprint and, with more than 28 different electric van models on the last year, buyers have unprecedented choice to invest in the latest zero emiss

article thumbnail

Alro Steel Opens New Facility in Iowa

Modern Machine Shop

Source: Alro Steel Alro Steel has announced the opening of a new location at 9620 Earhart Lane SW, Cedar Rapids, Iowa. The 197,000-square-foot, custom-built metals service center will enable Alro to provide customers throughout Iowa with cut-to-size metals and next-day delivery. According to the company, the Cedar Rapids location has ample storage space for a wide range of metals, including carbon steel, stainless steel, alloys, aluminum, red metals and more.

article thumbnail

Fastener Distributor Index (FDI) | January 2024

Fastener News Desk

The Fastener Distributor Index (FDI) survey for January, 2024. The FDI opened the year inching up to 49.7 after December’s disappointing 47.5 seasonally adjusted. Likewise, the Forward Looking Indicator (FLI) ticked up, rising to 50.4. Key Points: FDI nearly reaches neutral level. After a soft December, the FDI improved m/m and nearly reached the neutral level (49.7 compared to 47.5 in December).

article thumbnail

How Embedded Analytics Gets You to Market Faster with a SAAS Offering

Start-ups & SMBs launching products quickly must bundle dashboards, reports, & self-service analytics into apps. Customers expect rapid value from your product (time-to-value), data security, and access to advanced capabilities. Traditional Business Intelligence (BI) tools can provide valuable data analysis capabilities, but they have a barrier to entry that can stop small and midsize businesses from capitalizing on them.

article thumbnail

SMX Industrial Solutions hires VP/CFO

The Fabricator

SMX Industrial Solutions, a Littleton, Colo.-based provider of steel fabrication and welding equipment through operating companies Scotchman Industries and Steelmax Tools, has appointed Neal Glassett as vice president/CFO.

64
article thumbnail

How I Made It: Nick Pinkston, Founder/CEO, Volition

Modern Machine Shop

Nick Pinkston is a serial entrepreneur in the manufacturing industry. Source: Nick Pinkston They say manufacturing is a heritable industry. My uncle had a machine shop. My dad was an ops guy and purchaser at a production facility. I got to see many factories, so certainly, something in my family got me into it. I really like making things, but I didn’t think about it as manufacturing at first.

article thumbnail

Bull Moose Tube announces partnership to sell jumbo HSS

The Fabricator

Bull Moose Tube Co., a subsidiary of Caparo Bull Moose, has announced an exclusive partnership with MitsuiandCo. (U.S.A.) Inc., MM&KENZAI Corp., and Nippon Steel Metal Products Co. Ltd. to sell jumbo hollow structural sections (HSS) into the U.S. market.

64
article thumbnail

Perspectives on Sustainability in Mold Building: A Diverse Outlook

Mold Making Technology

In conversations I recently had with individuals involved in the mold building industry, a variety of perspectives on sustainability emerged, showcasing the multifaceted nature of the term. Here’s a summary of the respondents’ viewpoints: Tool longevity : One respondent emphasized the importance of building molds with robust, sustainable designs that endure the life of a program — the durability of tools, the maintenance of shut-offs and thin steel conditions.

article thumbnail

Modernizing MES: A Guide for Complex Manufacturers Adapting to Industry 4.0

As engineers push the boundaries of innovation with groundbreaking hardware products, their success depends largely on the speed and efficiency of production. The challenge? Manual processes and disparate systems lead to multiple versions of documents, incomplete records, and duplicated work, creating a chaotic system of records that is difficult to manage.

article thumbnail

Okuma America appoints VP of engineering and Factory Automation Division

The Fabricator

Okuma America Corp., Charlotte, N.C., a manufacturer of CNC machine tools, controls, and automation systems, has appointed Wade Anderson as vice president of engineering and Factory Automation Division for the Americas.

article thumbnail

ERP vs MRP – Picking the Right Manufacturing Software for SMEs

MRPEasy

The right choice in manufacturing software can make the difference between effortless scaling and constant growing pains. In this article, we explore the key differences between MRP systems and ERPs and help you make an informed decision on which production management system to go for. Why do SMEs need manufacturing software? Manufacturing businesses and distributors […] The post ERP vs MRP – Picking the Right Manufacturing Software for SMEs appeared first on Blog for Manufacturers and Dis

article thumbnail

Improving fabrication versatility through automation

The Fabricator

When SL Chasse Steel needed a quicker route to completing miscellaneous steel jobs, it found a solution with a new automated plasma cutting machine.

article thumbnail

Institute Embarks on Groundbreaking AI Initiative to Transform Additive Manufacturing

Metrology

The research will feature state-of-the-art materials characterisation, and mechanical testing, investigating shelf life and the processability envelope of environmentally affected common stainless steel, titanium and superalloy base feedstock. It will also examine methods of reclaiming the powders and the effect on the final product. The post Institute Embarks on Groundbreaking AI Initiative to Transform Additive Manufacturing appeared first on Metrology and Quality News - Online Magazine.

article thumbnail

Embedding BI: Architectural Considerations and Technical Requirements

While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.

article thumbnail

Movers & Shakers Interview with Mr. Kishor Patil, Co-founder, CEO and MD of KPIT Technologies Limited

Frost & Sullivan Manufacturing

What are your thoughts on ACMA Automechanika New Delhi 2024 and the Bharat Mobility Global Expo? We are very excited that India is hosting an event of this scale. Generally, such events, like CES, happen in the US in the early part of the year and then in Europe. In Asia, similar trade events tend to be held in China. However, even those are dwarfed by the size of the event held in India this year.

article thumbnail

Onto Innovation’s 4Di InSpec Automated Metrology System Selected as Fanuc America’s 2024 Innovative System of the Year

Metrology

The combination of Fanuc robotics with 4Di non-contact sensor technologies provides a unique platform for improving throughput, labor utilization, quality and delivery times in industrial manufacturing. The post Onto Innovation’s 4Di InSpec Automated Metrology System Selected as Fanuc America’s 2024 Innovative System of the Year appeared first on Metrology and Quality News - Online Magazine.

article thumbnail

Movers & Shakers Interview with Mr. Prashanth Doreswamy, President and CEO of Continental India

Frost & Sullivan Manufacturing

What do you see as some of the general trends in the Indian automotive industry? The global automotive industry has undergone significant transformation, with this process starting around 2018-2019. Unfortunately, we did not, as an industry, anticipate that the transformation would be so rapid. Responding to fast paced connected, automated, shared, electrified (C.A.S.E.) trends has required a lot of focus and the industry is close to catching up with this technological disruption.

article thumbnail

Tungaloy Modular Turning System Provides High Repeatability

Modern Machine Shop

Photo Credit: Tungaloy Tungaloy has updated its ModuMiniTurn modular turning-tool system for Swiss machines by adding 30 new, round-shank toolholders that are suitable for machining the back side of the parts in the subspindle. The ModuMiniTurn modular turning tool system incorporates a specialized coupling mechanism between the modular head and tool shank, which reportedly achieves repeatability accuracy within the 5-μm range and minimizes downtime during tooling changeovers.

Fit 52
article thumbnail

5 Ways New Manufacturing Companies Are Accelerating Innovation

Next-gen manufacturers are redesigning factories to enable agility at every stage of production. From more timely communication between engineers and technicians to technologies that empower real-time collaboration, they’re getting ahead by making iterations and improvements during a build, across the production line at scale. This level of flexibility means they can develop more quickly than their legacy counterparts.