Reality Sets in for CFOs
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April 15, 2020

Advanced Manufacturing Now Newsletter
Machine Tool Slump to Be 'More Severe' Because of COVID-19, AMT Says

Machine Tool Slump to Be 'More Severe' Because of COVID-19, AMT Says

An ongoing slump in machine tool orders is worsening because of the novel coronavirus (COVID-19), AMT – The Association for Manufacturing Technology said. The McLean, Va.-based trade group also said a recovery will take longer than it previously forecast. “Clearly the downturn will be much more severe than could have been anticipated,” Douglas K. Woods, AMT's president, said in a statement that was part of a monthly report.

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Renishaw

 

Stratasys Says Customers Spurred Its COVID-19 Response

Stratasys Says Customers Spurred Its COVID-19 Response


Stratasys Ltd., the 3D printing company, says its own customer base prompted it to become involved in responding to the novel coronavirus (COVID-19). “We do a lot of 3D printers to medical facilities,” Justin McCurnin, vice president of marketing-Americas, said in an interview. “Our team was getting pinged. ‘What can you do to help?’”

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COVID-19 Reality Sets in for Financial Executives, PwC Says

COVID-19 Reality Sets in for Financial Executives, PwC Says


Reality regarding the novel coronavirus (COVID-19) is setting in for financial executives, particularly those in manufacturing, consulting firm PwC said. In its third survey of CFOs, more of the executives are expecting layoffs. CFOs of industrial products, in particular, are pessimistic, according to survey...

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Protective Bellows for Every Industry

Protective Bellows for Every Industry

Dynatect manufactures bellows in any size or shape for all industries and applications. We can customize materials to meet your requirements whether it’s safety compliance in mass transit, high speeds for machine tools, microbial materials for medical equipment, or suitable outdoor materials for military applications. Download our bellows e-book.

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Webinars

Applying Large Scale 3D Printing and Digital Twin Technologies to the Factory Floor

Applying Large Scale 3D Printing and Digital Twin Technologies to the Factory Floor

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The Next Step of Additive Manufacturing Productivity: Automating Post-Processing

The Next Step of Additive Manufacturing Productivity: Automating Post-Processing

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Utilizing Robots to Manage Productivity in Uncertain Times

Utilizing Robots to Manage Productivity in Uncertain Times

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SME Alerts

Ford Says It Has Enough Cash to Last Through 3Q After Incurring 1Q Loss

Ford Says It Has Enough Cash to Last Through 3Q After Incurring 1Q Loss


Ford Motor Co. said it has enough cash to last through the third quarter and expects to report a first-quarter pretax loss of $600 million, Reuters reported. The Dearborn, Mich.-based automaker said vehicle deliveries to dealers plunged 21 percent in the first quarter compared with a year earlier. The company said it had about $30 billion in cash as of April 9. Ford's auto operations, except for China, are shut down because of the...

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Replaceable-Tip Tools Get Permanent Spot in Shop Inventories

Replaceable-Tip Tools Get Permanent Spot in Shop Inventories


Modular units are often the best choice for flexibility and cost compared with solid tools. Replaceable-tip tools can also provide users with a significant reduction in setup times. The current crop of replaceable-tip milling and drilling tools features a host of new substrates, geometries, PVD coatings and coolant solutions geared for a range of applications. Contributing Editor Geoff Giordano has more.

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Cole Carbide

 

Resources

Big Cost Saving While Assembling Composite Parts

[Case Study]

Big Cost Saving While Assembling Composite Parts

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How Manufacturers Can Digitally Transform Operations

[White Paper]

How Manufacturers Can Digitally Transform Operations

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Calculating the advantages of Financial Overall Equipment Effectiveness (FOEE)

[White Paper]

Calculating the advantages of Financial Overall Equipment Effectiveness (FOEE)

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Science Precedes Regulations in Bioprinting

Science Precedes Regulations in Bioprinting


In the 1970s, medical specialists made advances in in-vitro fertilization that leapfrogged laws and regulations. The same is true today for bioprinting human organs for transplant, writes Contributing Editor Ilene Wolff. If a bioprinted organ comes to market, “we’re not sure [what will] happen,” said Santos Rutschman in an interview. Issues such as intellectual property, patentability, governing law, and classification by...

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Comau Unveils Laser Labs for EV Batteries and Motors

Comau Unveils Laser Labs for EV Batteries and Motors


Comau said it has created highly specialized laser laboratories to support companies as they develop, implement and optimize the laser processes involved in constructing and assembling e-motors and batteries. Comau is a developer of systems and products for the industrial automation sector and laser welding processes and applications. It has two labs in Italy and additional labs in Detroit and Shanghai.

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Understanding Compressed Air Safety and Savings

Understanding Compressed Air Safety and Savings

Compressed air safety is a concern within manufacturing, mining and processing environments. Learn about the dangers that can come from high pressure and noise exposure. Improper use of compressed air commonly exceeds OSHA's noise exposure standards and causes noise induced hearing loss. Learn how to be sure you are OSHA compliant and how EXAIR's Intelligent Compressed Air products can help you. Download EXAIR's latest white paper, "Understanding Compressed Air Safety and Savings.”

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Webinar: Economical Solutions for Quality Assurance in Additive Series Production

Webinar: Economical Solutions for Quality Assurance in Additive Series Production

Join our webinar on Tuesday, April 21, 2020 from 11 am to 12 pm (CT). ZEISS 3D ManuFACT offers the perfect inspection verification. Using this unique holistic inspection process for 3D manufacturing we apply the concentrated competence of all ZEISS technologies. This integrated process brings the most reliable knowledge and thus certainty about the reliability of 3D parts.

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5G and Industry 4.0 – Thought Leadership Webinar

5G and Industry 4.0 – Thought Leadership Webinar

Hexagon and Ericsson are partnering to make manufacturing smarter by simplifying the capture, transfer and use of data with reliable, low-latency, high-bandwidth wireless networks.
Experts in manufacturing and communication technologies discuss how 5G networks help drive digital transformation within the manufacturing sector. Join the industry leaders on 16 April 2020 for a thought leadership webinar sponsored and moderated by Smart Manufacturing magazine.

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Podcasts


Additive Assumes Leading Role in Aerospace Manufacturing

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Digging Deeper into Additive Manufacturing -COVID-19 and more

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PodCasts
 
 

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