Lori has been working “behind the scenes” of Production Machining since 2003, writing and editing the Products, News and Case in Point sections of the magazine, editing other staff members’ articles, and more recently, writing a column for PM’s e-newsletter, Inbox Insights. She began her journalism career in the trucking industry, writing technical articles for two trade publications. She has a B.A. in Communications from the University of Dayton.
According to the Boston Consulting Group, large manufacturers are continuing to move production back to the U.S. from China.
“Given the fact that China's wage costs are expected to grow, do you expect your company will move manufacturing to the United States?" the August survey asked executives at an unspecified number of companies that currently manufacture in China, a Yahoo News article states.
In the survey, the number of respondents who said their companies were currently reshoring to the U.S. from China increased 20 percent from a year ago.
More than 70 percent cited better access to skilled labor as a reason to move production to the US, which is more than four times as many who cited it for moving production away from the U.S.
A specially designed strain gage enables small tools to be monitored effectively.
Multitasking machines are complex, yet have potential for efficiency and productivity. Completing parts in one pass across a multitasking machine streamlines production by eliminating multiple setups, avoiding errors when parts are refixtured and performing several operations simultaneously. They are also ideal for lights-out machining.
Systems designed to monitor a tool’s condition, adjust automatically for wear and capture information about the tool’s performance can be especially valuable on multitasking machines. One of the biggest challenges to tool monitoring on a multitasking machine is coping with simultaneous cutting operations. Caron Engineering (Wells, Maine) designed a system to meet this challenge called TMAC-MP, which stands for Tool Monitoring Adaptive Control for Multi-Process machines.
Now that IMTS 2014 is over, there’s time to ponder what you learned at the show and who you met. You can follow up with the companies whose products you were interested in via MyShow Planner. You can still access your MyShow Planner to review your schedule and remind yourself of who you visited. And now, all of the exhibitors’ lead retrieval data can be located in MyShow Planner, so you can see where your badge was scanned. You can even access company websites, search by product categories or pavilion and watch company videos.
After returning from a successful and well attended International Manufacturing Technology Show earlier this month in Chicago, it’s easy to see that manufacturing is out of its slump. The 30th edition of IMTS, held September 8-13, had a registration of 114,147, representing 112 countries, according to AMT - The Association for Manufacturing Technology. This was a 13.9 percent increase over the last IMTS, held in 2012. This year, the show hosted 2,035 exhibiting companies.
Surveys of metalworking equipment buyers indicate spending may jump 37 percent next year to the highest level in 7 years, according to our very own Steven Kline Jr., director of market intelligence for Gardner Research. Steve was quoted in a September 11 “Wall Street Journal” article that reported on IMTS 2014 and the state of our industry.
Steve says the resurgence will be led by automotive, aerospace, pump- and plumbing-products makers and industrial motors. Based on past patterns, the market is likely to hit a cyclical peak in 2015 or 2016 and then weaken again.
2014 marks the fourth edition of Modern Machine Shop (PM's sister publication)magazine’s Top Shops benchmarking survey. In this video, Derek Korn, MMS’s senior editor, and Steven Kline, director of market intelligence for Gardner Business Media (publisher of PM), highlight some of the interesting findings from this year’s survey.