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Strong Monthly Growth in Cutting Tool Orders for 5th Month
Steven Kline, Jr. | Gardner Intelligence
The annual rate of change in the GBI: Metalworking grew at an accelerating rate for the seventh consecutive month, indicating that the annual rate of contraction in cutting tool orders will continue to decelerate throughout 2021 as cutting tool orders continue to improve on a month-by-month basis.
#economics
Durable Goods New Orders Continue Strong Growth
Steven Kline, Jr. | Gardner Intelligence
Compared with one year ago, durable goods new orders grew 13% in August. That’s five of the last six months with double-digit growth. Given the strong growth in durable goods consumer spending, new orders should see accelerating growth for at least another three months.
August Housing Permits Third Highest in 15 Years
Steven Kline, Jr. | Gardner Intelligence
After one month of weak growth in July, housing permits grew 22.5% in August, marking the 5th month in the last six that housing permits grew more than 20%. In particular, this is a positive indicator for plastics processing production.
August Continued Strong Growth in Machine Tool Orders
Steven Kline, Jr. | Gardner Intelligence
The annual rate of change in the GBI: Metalworking grew 27.1% in September, which was the seventh straight month of accelerating growth. The strong growth in the metalworking industry should lead to accelerating growth in machine tool orders throughout 2021.
#economics
Annual Change in Real 10-Year Treasury Rate Supportive of Capital Equipment Investment
Steven Kline, Jr. | Gardner Intelligence
The real 10-year Treasury rate was -4.02% thanks to an increase in the rate of inflation. The extremely low real rate means that the annual change in the rate was quite negative in September, which typically leads to stronger capital equipment investment.
Annual Golf Outing Raises Money for Environmental Fund
Chris Pasion | Products Finishing
The Masters’ Association of Metal Finishing’s Annual Golf Outing raised $10,000 for the MAMF Environmental Fund.
Escasez de chips obstaculiza el crecimiento de la industria de visión artificial: VDMA
Ángela Andrea Castro | Modern Machine Shop México
Según el capítulo de la Asociación Alemana de Fabricantes de Maquinaria (VDMA) que reúne a los productores de sistemas de visión artificial, aunque la demanda por componentes de este sector es alta, la escasez de materiales ha obligado a reducir los planes de producción.
Escáner 3D portatil HandySCAN Black | Elite
Ángela Andrea Castro | Modern Machine Shop México
Meximold: Creaform destaca la línea de productos HandySCAN 3D, referencia de la compañía en escáneres 3D portátiles de grado de metrología.
Essentium Launches PEKK High-Performance Material
| Additive Manufacturing
RAPID 2021: PEKK shares most of the performance attributes of PEEK, but has a lower crystallization rate and is less affected by the cooling process once the part is 3D printed, thereby minimizing warping.
First Headphones to Market Made of Sustainable Materials
Lilli Manolis Sherman | Plastics Technology
thinksound’s new over-ear headphones made with Eastman’s Trēva Engineering Bioplastic
Why Is There Reason for Optimism in Additive Manufacturing?
Stephanie Hendrixson | Additive Manufacturing
Implementing additive manufacturing is difficult and requires a significant pivot for an established manufacturer. Peter Zelinski and Stephanie Hendrixson discuss why making that pivot is worthwhile.
Photo Gallery: Top Shops Expo
| Modern Machine Shop
Top Shops Expo took place this week in Cincinnati. The event featured exhibitors, speakers, a Made in the USA podcast panel and an award presentation for Top Shops honorees.
Plug-and-Play Robotic Cell Streamlines Low-to-High Volume Part Loading, Unloading and Palletization
| MoldMaking Technology
Mitsubishi Electric Automation and Absolute Machine Tools jointly designed the LoadMate Plus Machine Tending Robotic Cell, which handles heavy payloads and significant part momentum.
PPG's Digital Event Features Non-Stick Coatings for Kitchenware
Chris Pasion | Products Finishing
The event will enable PPG to connect with global customers virtually to share product and application information, the latest color trends and the new 2022 color palette for kitchenware.
NASF Releases Public Policy Update for October 2021
Scott Francis | Products Finishing
The National Association for Surface Finishing has released its monthly Policy Update, summarizing some of the pertinent regulatory developments and new announcements from the month of October.
#regulations
Powder Coating Offers Chrome Plating Effect
Scott Francis | Products Finishing
Interpon Cr powder coating offers a sustainable, durable, flexible alternative to chrome plating.
Scott Bader invests $16 million in new North Carolina production site
Grace Stubbins | CompositesWorld
The 110,000-square-foot gelcoat and structural adhesives manufacturing facility is the company’s second North American manufacturing site, and will be fully operational by Q1 2023.
Lanxess launches renewable, biocomposite material
Grace Stubbins | CompositesWorld
The material combines natural flax fibers with bio-based polylactic acid, which acts as the matrix, for a material that is 100% recyclable.
American Precision Museum Launches New Digital Exhibit to Support the Future of Manufacturing
Grace Stubbins | Modern Machine Shop
The Manufacturing Ledger exhibit is a dynamic collection of stories and profiles about individuals whose career was spent in manufacturing. Honor a manufacturing innovator, advocate or educator by contributing your own story.
Airbus successfully completes 2021 summer test flights for Zephyr HAPS satellite aircraft
Grace Stubbins | CompositesWorld
The carbon fiber stratospheric UAV continues to demonstrate its capabilities for commercial and military customers, adding an additional 887 flight hours to the 2,435 stratospheric flight hours for Zephyr to date.
CW survey reveals ongoing supply chain struggles
Hannah Mason | CompositesWorld
A recent survey with Gardner Intelligence underscores supply chain issues and uncertainties reported by fabricators — with a bit of hope for future growth areas.
The Way Ahead for Wire Arc Additive Manufacturing
Peter Zelinski | Additive Manufacturing
Tooling today, production tomorrow. The capability will advance as value is increasingly seen in lead time savings and design opportunities. Parts that today are cast offer a particularly promising application for a process that is “welding, except not.”