PM Blog

In the Winners' Circle

Will Power won after starting in the third position in his No. 12 Verizon Dallara/Chevrolet. Despite difficulties with mid-race fuel strategy, Mr. Power took his first lead on lap 108 and remained dominant throughout the second half of the race.

Mr. Power returned to the third position in the final 10 laps, a position that guaranteed his victory after the two leaders ran out of fuel before they could cross the finishing line. Team Penske drivers Josef Newgarden and Simon Pagenaud also finished in the top 10, while an accident in lap 145 ended Helio Castroneves’ quest for his fourth Indy 500 victory.

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Increases in Air Traffic May Lead to Industry Growth

Chief Economist Michael Guckes, Gardner Intelligence, explores the recent growth in air travel in his latest Market Minute, an informational video produced monthly that features Michael’s analysis of a specific end market and the economic factors impacting it. In his latest video, Michael explains that air traffic has increased by 3.4 percent from 2016 to 2017. This data may indicate that the aerospace manufacturing industry can look forward to similar growth. Watch the two-minute video here.

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Methods Machine Tools Celebrates 60th Anniversary

 

This year, Methods Machine Tools Inc., supplier of precision machine tools, automation and additive manufacturing solutions, is celebrating its 60th anniversary. Founded in November of 1958, with 3 employees and a few refurbished machines, the company has grown into one of the largest high-precision machine tool suppliers in North America. Methods today has roughly 350 employees, 8 sales and technology centers and more than 35,000 machines installed throughout North America, ranging from EDM machines to 5-Axis CNC Machining Centers to state-of-the-art robotics, automation and 3D printing solutions.

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XING Dressing Keeps Grinding Wheels True

 

Grinding and dressing wheels can wear down over time, as shops across several industries have experienced. Profile inserts, in particular, can wear down grinding wheels. Becoming out of true is a problem for manufacturers as misshapen grinding wheels will result in negative effects both on quality and productivity. 

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Brian Papke Inducted into Northern Kentucky Business Hall of Fame

 

Brian Papke, chairman of Mazak Corp., has been inducted into the Northern Kentucky Business Hall of Fame. He accepted the award at the Metropolitan Club in Covington, Kentucky, where he delivered heartfelt remarks that credited Mazak’s customers and its employees for the company’s decades of success across North America.

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