PM Blog

By: Bart Bishop 15. February 2018

Cutting Tool Campaign Launch Showcases Turning Inserts

While it’s been said that what happens in Vegas stays in Vegas, that isn’t the case with new product unveilings. Coming away from Iscar Metals Inc.’s campaign launch event on Saturday, February 10, there’s a lot to talk about.  

Focused on the Logiq Iscar Chess Lines cutting tools product, the all-day event at the Sands Expo and Convention Center was presented by CEO Jacob Harpaz. Along with Gardner Business Media representatives Pete Zelinski from Modern Machine Shop, Christina Fuges from MoldMaking Technology and Michael Anderson from Automotive Design & Production, I had the pleasure of Mr. Harpaz’s deep dive into five product lines: the LogiqGrip, LogiqDrill, LogiqMill, LogiqHold, and, of course, the LogiqTurn.   

Read More
Sunnen Products Co. Acquires BTA Heller

 

Sunnen Products Co. has acquired BTA Heller Inc., a U.S.-based manufacturer of deep hole tooling and systems for primary hole generation. This move aims to expand Sunnen’s honing expertise to include tooling for initial hole creation and other complementary bore sizing and finishing processes. The company will retain the BTA Heller name as a wholly owned subsidiary of Sunnen, as the companies build on natural synergies to offer complete bore creation and finishing solutions.

Read More

Bringing in the new year with a reading of 61.7, the Gardner Business Index (GBI): Precision Machining started 2018 by recording its fastest-ever rate of expansion. Compared with the same month one year ago, the index increased by almost 10 percent. Gardner Intelligence’s review of the underlying data indicates that new orders, production and backlog lifted the business index higher, while supplier deliveries, employment and exports pulled the index lower. For a second month in a row, no components contracted. 

January was notable for its strong new orders reading and a surprise jump in backlog.  For a second month in a row, new orders expanded faster than production. Both components have been the primary drivers of the Precision Machining Index since the fourth-quarter of 2016. Reviewing past trends from the Gardner Business Indices reveals that when new orders growth exceeds production growth, it is typical for manufacturers to experience additional growth in future months as manufacturers adjust to increased demand. The outpacing of new orders with production has resulted in significant increases in backlogs as evidenced by January’s backlog reading being the highest in more than five years. Expansionary exports readings in recent months indicate that some portion of the growing demand for manufactured goods is due to growing international demand.

Read More

By: Chris Koepfer 9. February 2018

Automation Choices

Automation Choices

 

 

Read More

By: Bart Bishop 8. February 2018

Recruiting Firms Benefit Employers and Employees

Recruiting Firms Benefit Employers and Employees

PM “About Your Business” contributor Todd Palmer thinks recruiting firms are the way to go when hiring new employees.

In his column “Recruiters Benefit Manufacturers and Job Seekers,” Mr. Palmer examines the benefits of using credible recruiting firms. They are private and confidential, and save the hiring company time by handling all the paperwork and labor. They also benefit the job seeker, who could be applying to a new job while working full-time or may be approached while working for a competitor.

Read More

RSS RSS  |  Atom Atom