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The demand for metal-cutting solutions is being shaped by the growing preference for lightweight materials and customized designs, particularly in industries like aerospace and automotive. The metal-cutting industry faces significant challenges, including supplychain disruptions, escalating material costs, and a widening skills gap.
Australian manufacturers will gain access to a ground-breaking new composite 3D printer at Swinburne University of Technology, for the first time from global market leader Markforged. The Markforged FX20 printer is primarily designed for high-strength end-use parts in the aerospace, defence, automotive and energy industries.
Collaborative efforts to integrate sustainable practices throughout supplychains are also becoming standard, advancing the industry’s overall environmental responsibility. Problem-solving and supplychain management are also increasingly vital as manufacturers aim to streamline operations and enhance efficiency.
In a media release, Swinburne University said the FX20 printer is designed for high-strength end-use parts in the aerospace, defence, automotive, and energy industries. . The 3D printer is capable of printing nearly five times larger builds, with speeds eight times faster than Markforged ’s existing line of composite printers. .
Markforged’s journey has been marked by groundbreaking innovations that have strengthened manufacturing resiliency, enabled industrial production at the point of need, and empowered manufacturers worldwide to create strong, accurate parts in both metal and advanced composites.
Circularise, a supplychain software platform for end-to-end traceability, has raised 11 million euros in a Series A funding round led by Brightlands Venture Partners, joined by industry players Asahi Kasei and Neste the company announced on Nov.
The additive tooling matched identical carbon fiber-reinforced composite tooling in terms of dimensional control, vacuum integrity and true position hole location, while providing improved durability. It also reduced maintenance costs, tool costs (30-40%) and tooling lead times (20-30%).
Many years later, Terem is leading Markforged to create high-value, end- use manufacturing applications which are printed at the point of need to solve today’s supplychain challenges – a feat which surely ties back to making a difference to real-world problems. Markforged has 10,000+ connected printers globally.
Image: Lockheed Martin Australia Lockheed Martin Australia has awarded Marand with a contract to support the delivery of work under the Guided Weapons and Explosive Ordnance (GWEO) Enterprise.
By printing high-strength, more accurate, and higher-performance parts, the FX20 can now meet the needs of the most demanding and regulated industries including aerospace, defence, automotive, and oil & gas. This builds resilient and sustainable supplychains that extend directly to the point-of-need,” Terem added.
The ability to process multiple materials at once to vary alloy composition and functionally grade an AM component opens up entirely new realms for designers to engineer superior parts and products. The material freedoms of AM have long been overshadowed by the focus on design freedom, but that is certain to change in the near future.
TRANSTEX acquires US Liner Company to expand manufacturing capacity (CNW Group/TRANSTEX) MONTREAL — TRANSTEX acquires Pennsylvania-based US Liner Company, a manufacturer of fibre-reinforced thermoplastic composites widely used as protective or structural components in vehicles, recreational vehicles, and agricultural applications. ”
At this year’s Advanced Engineering UK , held at the NEC, Birmingham on October 30 and 31, businesses servicing the aerospace supplychain will have the opportunity to meet with buyers from the sector’s leading original equipment manufacturers (OEMs).
The expression “supplychain issues” is familiar to all Australians, from the manufacturer whose production line has stalled awaiting parts from an overseas supplier to the housewife walking past empty shelves in her local supermarket. The benefits of thinking outside the traditional manufacturing box can be seen all around the world.
By printing high-strength, more accurate, and higher-performance parts, the FX20 can now meet the needs of the most demanding and regulated industries including aerospace, defence, automotive, and oil & gas. This builds resilient and sustainable supplychains that extend directly to the point-of-need.”.
Two board seats for OSM and one for iM3NY will make up the board’s composition. This partnership is strategically important for the electrification of the automotive industry in India and the Middle East,” Sharma noted. Omega Seiki Mobility is India’s first fully integrated electric vehicle OEM.
There has been such a drastic change in the production and manufacturing of components in that industry [automotive],” Cope said. While typical engine components are made out of steel and aluminum, eMobility manufacturing also utilizes composites, resins and plastics to machine components. distribution center in Towanda, Pa.
The share of manufacturing sector GDP registering a composite PMI calculation at or below 45 percent (a good barometer of overall manufacturing weakness) was 49 percent in December, a 1-percentage point increase compared to the 48 percent reported in November. ” [Chemical Products] “Automotive and powersport volume decreases.”
The expression “supplychain issues” is familiar to all Australians, from the manufacturer whose production line has stalled awaiting parts from an overseas supplier to the housewife walking past empty shelves in her local supermarket. Media Release by Markforged.
announces that it has entered into a Joint Development Agreement with an established Japanese trading and manufacturing company specializing in automotive, chemicals, plastics, electronics and life science products. We believe that these modifications to our original OEM component will hold broader appeal throughout the automotive industry.”
As the automotive industry looks to decrease the weight of many components, original equipment manufacturers (OEM) are increasingly changing battery enclosure materials to plastics and composites. TaG simulates high temperatures and mechanical impact stresses in a battery thermal runaway event to rank materials for battery enclosures.
Digital Metal printers have produced hundreds of thousands of parts for leaders in consumer products, automotive, academia, and other industries. Markforged acquired Digital Metal from Höganäs AB for approximately $32 million in cash, approximately 4.1 million shares of Markforged common stock and approximately $1.5
Suppliers continue to have capacity but work to improve lead times, due to their raw material supplychain disruptions. Operational output is still strong, and the supplychain has the capacity to support. Thirty-four percent of manufacturing gross domestic product (GDP) contracted in April, up from 30 percent in March.
Black Swan also recently launched the following products, all issued from its GraphCore Powder (GC1004): GEM X23M for use in Polypropylene, a commercial product typically used in the automotive industry for bumpers (fenders), interiors, battery casings and general packaging applications.
If you’re in the metalworking business you are well aware of the effects of supplychain disruptions, inflation, and labor shortages all ushered in and/or exacerbated by COVID. In terms of total spending, the next largest markets will be industrial machinery ($900M), aerospace ($600M), and automotive ($500M).
This year, the distinguished composites zone, in partnership with Composites UK, attracted high quality visitors and exhibitors proving itself as the go-to place for the UK’s leading composites sector. Here, high quality visitors and exhibitors were actively seeking the latest innovations in composite materials.
With Business Survey Committee panelists reporting softening new order rates over the previous 10 months, the March composite index reading reflects companies continuing to slow outputs to better match demand for the first half of 2023 and prepare for growth in the late summer/early fall period. .” Fiore continues, “The U.S.
More importantly, the share of sector GDP registering a composite PMI ® calculation at or below 45 percent — a good barometer of overall manufacturing weakness — was 27 percent in January, compared to 48 percent in December, and 54 percent in November. Currently, orders are positive in our automotive OEM and automotive aftermarket business.
Disrupted supplychains and geopolitical situations are leading to longer lead times for parts and raw elements, costing companies time and money. Global challenges facing manufacturers don’t seem to be easing, which is opening the door for Titomic to partner with more manufacturers.
The April composite index reading reflects companies continuing to manage outputs to better match demand for the first half of 2023 and prepare for growth in the late summer/early fall period. . Supplychains are prepared and eager for growth, as panelists’ comments support reduced lead times for their more important purchases.
The composition and authority of Nano’s board and management, generally, and hence their authority to submit and follow through on a bona fide acquisition proposal, remain unclear due to Nano’s pending court litigation with its largest shareholder, Murchinson Ltd.
The polymer AM market is finding more end-users integrating AM into their supplychain beyond prototyping and one-offs; the question is, what industries do these end-users belong to? Through user interviews, IDTechEx has identified several application areas, such as: Automotive.
With six months to go, the halls are quickly filling up as businesses from across the entire supplychain race to secure a spot. On October 30 and 31, 2024, Advanced Engineering UK will return to the NEC, Birmingham showcasing more innovation from the manufacturing and engineering industry.
Additionally, the general composition and legitimacy of Nano’s board and management, and authority to submit and follow through on a bona fide acquisition proposal, remain unclear due to Nano’s pending court litigation with its largest shareholder, Murchinson Ltd.
The Customers’ Inventories Index reading indicated improved supplychain efficiency, as output improved and customers’ inventories continued to decline. China relations, and the impact the UAW (United Auto Workers) strike could have on suppliers of ours who support automotive production.
The August composite index reading reflects companies managing outputs appropriately as order softness continues, but the month-over-month increase is a sign of improvement. We’re continuing to ship to max capacity, with supply constraints still a real part of our day-to-day business operations.” percent reported in July.”
In 1997, I relocated to Coimbatore to lead the supplychain management function as it evolved into an integrated discipline. We take pride in serving leading OEMs and auto ancillaries in the automotive industry, a testament to the consistency of our quality. This led to his promotion to Vice President – SupplyChain Management.
technologies are creating a “ smart supplychain ” awash with data, and quantum computing may be the only way to optimize the movement of materials and products. Tools such as simulation and digital twins help, but sometimes the problems are just too large and too complicated for classical computers to solve in a reasonable timescale.
Magna can develop these advanced assemblies in steel, aluminum, and multi-material configurations, including lightweight composites, to meet the individual needs of its customers. They contribute to the structural and safety aspects of a vehicle’s frame and protect critical battery components from potential impact, heat and water intrusion.
There is a growing demand for machine tools capable of processing advanced materials such as composites, ceramics, and high-strength alloys. Blockchain: Blockchain technology ensures transparent and secure tracking of supplychains and transactions, improving traceability, reducing fraud, and enhancing supplychain management.
NEO Battery Materials has submitted the 9th patent entitled Silicone composite manufacturing method to the Korean Intellectual Property Office (KIPO). TORONTO — NEO Battery Materials Ltd., This patent protects a significant innovation in the manufacturing process of NEO’s proprietary silicon anode materials, NBMSiDE®.
It’s particularly important in the automotive and white goods sectors, where consumers are increasingly willing to pay a premium for environmental credentials. This shortfall is against an overall increased demand for steel in the future that “creates the problem of how we go about decarbonising the supplychain.
The composition and legitimacy of Nano’s Board and management team, and consequently, Nano’s authority to make and consummate the partial tender offer, remain subject to adjudication in the Israeli courts, which is currently ongoing.
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