U.S. CUTTING TOOL CONSUMPTION DOWN 1.9 PERCENT IN SEPTEMBER MCLEAN, VA — September U.S. cutting tool consumption totaled $170.8 million, according to the U. S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report (CTMR) collaboration, was up 1.3 percent from August’s total, down 11.7 percent from September 2014 and down 1.9 percent when compared year-to-date in 2014. These numbers and all data in this report are based on the totals actually reported by the companies participating in the CTMR program. The totals here represent the majority of the U.S. market for cutting tools. “The month-to-month performance shows little change and certainly no significant recovery from the effects of the strong dollar and low oil prices, therefore the current industry conditions will continue,” says Brad Lawton, chairman of AMT’s Cutting Tool Product Group. This September was expected to be down from 2014’s numbers as IMTS bloomed into shipments in 2014. The Cutting Tool Market Report is jointly compiled by AMT and USCTI, two trade associations representing the development, production and distribution of cutting tool technology and products. It provides a monthly statement on U.S. manufacturers’ consumption of the primary consumable in the manufacturing process – the cutting tool. Analysis of cutting tool consumption is a leading indicator of both upturns and downturns in U.S. manufacturing activity, as it is a true measure of actual production levels. Historical data for the Cutting Tool Market Report is available dating back to January 2012. This collaboration of AMT and USCTI is the first step in the two associations working together to promote and support U.S.-based manufacturers of cutting tool technology. ADVANCED MANUFACTURING EXPO & CONFERENCE ANAHEIM COVERS INDUSTRY TRENDS IN MEDTECH, PACKAGING DESIGN AND SMART MANUFACTURING SANTA MONICA, CA—The Advanced Manufacturing Expo & Conference is highlighting its 2016 Anaheim event that includes long-running Medical Design & Manufacturing (MD&M) West and WestPack. It features a robust tradeshow floor and in-depth conference program spanning the many industries connected with advanced design and manufacturing. Home to many Fortune 500 manufacturing companies, Southern California is an important hub for technological innovation and is a federally designated manufacturing community. In Anaheim, more than 20,000 manufacturing technology engineers, designers, and executives will gather for three days to experience the latest products out there, while also taking part in the most comprehensive education program of the year. The Advanced Manufacturing Expo & Conference Anaheim will take place Feb. 9-11, 2016 at the Anaheim Convention Center in California. For three days, more than 2,000 suppliers will showcase their most cutting-edge technologies in medtech, manufacturing, product design, packaging, plastics, electronics and automation technology. “Southern California is an important marketplace for the manufacturing industry. We’re proud to host a meeting place in this center of innovation for manufacturing professionals to discover new materials and technologies and connect with their peers,” said Senior Vice President and Director of the Advanced Manufacturing Portfolio Stephen Corrick. Taking deeper dives into the trends and challenges of the industry, the Advanced Manufacturing Expo & Conference will provide a comprehensive three-day conference program led by the brightest minds in the industry. Educational content will span unique conference tracks, with two tracks dedicated to the medical industry (including regulation, product design, and market access, as well as nanotechnology and mobile health). An Industry 4.0 track will cover the smart manufacturing revolution, and the Packaging track will focus on designing specifically for beer and spirits, as well as health and beauty products. CALL FOR PAPERS OPENS FOR THE 2016 COORDINATE METROLOGY SOCIETY CONFERENCE WEATHERFORD, TX —The Coordinate Metrology Society opened the Call for Papers for the 32ndannual Coordinate Metrology Society Conference, July 25-29, 2016, in Murfreesboro, TN. The organization is seeking original contributions from portable metrology experts that cover the successful use of 3D coordinate measurement systems, case studies, technology benchmarks, scientific research and developments and more. Commercial content is not accepted. The CMSC is the premier gathering where experienced metrologists present their projects and showcase their knowledge of industry best practices, measurement strategies, and cutting-edge implementations. The Coordinate Metrology Society is the eminent membership association for measurement professionals around the globe. Abstract submissions for technical papers and presentations are due by March 11, 2016. Each abstract is peer-reviewed by the CMS Executive Committee, and if selected, the speaker will receive a notification of acceptance on April 8, 2016. For more information about presenting a technical paper at CMSC 2016, contact Scott Sandwith or Daniel Sawyer, technical presentations coordinators firstname.lastname@example.org. Following the CMSC, the top technical papers are selected by the CMS Executive Committee for publication in the prestigious Journal of the CMSC. Technical papers and presentations are also published on the CMSC website for access by the membership. Conference registration and membership fees are waived for individual speakers presenting at the conference. In the case of multiple authors, the CMS will waive one conference registration and membership fee. MANUFACTURING MERGER AND ACQUISITION ACTIVITY SHOWS CONTINUED STRENGTH IN Q3 2015 NEW YORK —Merger and acquisition activity in the industrial manufacturing industry showed continued strength in the third quarter of 2015, with more than 50 deals worth more than $50 million for the sixth quarter in a row, according to Assembling Value, a quarterly analysis of global deal activity in the industrial manufacturing industry by PwC US. While growing uncertainty about the future prospects for the global economy has created serious underlying fears about the years ahead, manufacturing executives continue to re-evaluate their business portfolios, add scale to better leverage core capabilities, and divest or spin-off non-core operations. According to PwC, there were 55 transactions (worth more than $50 million) in the third quarter for a total deal value of $20.9 billion. Both value and volume declined from the previous quarter which recorded 66 deals totaling $28.2 billion. However, deal activity year-to-date remained healthy with 180 deals raising $69.6 billion. Four mega-deals (transactions worth more than $1 billion) were announced for a total deal value of $9.8 billion or 47 percent of the quarter’s total deal value. “The continued interest in deal making in the third quarter has been especially notable given weakening global manufacturing activity and increased uncertainty regarding the economic outlook,” said Bobby Bono, U.S. industrial manufacturing leader for PwC. “Manufacturing executives in our latest Manufacturing Barometer reported a drop in optimism towards the world economy’s prospects as the economic slowdown in China, along with weak global demand and a strong dollar, continued to weigh heavily on the growth of the manufacturing sector. As we enter the final quarter of the year, we expect the level of deal activity to remain stable as mixed global economic results steer manufacturing executives toward further portfolio reshuffling.” Similar to previous quarters, strategic buyers continued to align product portfolios with high-growth markets, such as automotive, aerospace, and electric through acquisitions. Strategic investors represented 66 percent of deal activity in the quarter. With plenty of cash at their disposal, both strategic and financial buyers have been active in deals involving diverse end markets, particularly in Asia and areas of Europe on the verge of recovery. Bono added: “Strategic acquirers remain concerned about the broad economic environment and are taking a cautious approach to their deal strategies. While they continue to execute on sizable transactions, they are continuously evaluating their portfolios and taking advantage of opportunities to divest non-core assets. Divestitures continue to be a viable exit option, representing 27 percent of deal activity this quarter.” On a regional basis, the U.S. share of global activity remained among its lowest levels in a decade as local activity in Asia continued to dominate deal making. Acquirers from Asia and Oceania accounted for 62 percent of total deal activity in the quarter, while targets in the region represented 56 percent of all deals. The majority (75 percent) of deals in the third quarter were local market deals; however, the strength of the dollar could lead to an increase in U.S. outbound deals in the coming months. PwC’s industrial manufacturing M&A analysis is a quarterly report of announced global transactions with value greater than $50 million analyzed by PwC using transaction data from Thomson Reuters. BUSINESS NEWS HEIDENHAIN CORPORATION, a supplier of motion and position feedback devices, joined the Motion Control & Motor Association (MCMA), a leading trade organization serving the global motion control and motor industry. “This partnership serves to further strengthen both organizations, as we work together to provide up-to-date information on automation and motion control technologies,” commented Tom Wyatt, Heidenhain Marketing Manager. “We at Heidenhain are committed to providing precision measurement feedback components to the motor industry while MCMA continues to remain a powerful resource of motion control and automation information, and with these aligned goals, we feel this partnership can flourish.” Heidenhain joined the MCMA earlier this year, and has posted multiple technical case studies and technical papers on the MCMA’s Motion Control Online website and in the future is planning to showcase newly released products as well. Per its website, MCMA lists some of its activities as including gathering and providing industry market research and analysis, conducting an annual automation industry Business Forum attracting 500 industry leaders, hosting educational workshops and technical conferences, and developing networking opportunities throughout the world. As a long-term supplier partner of AIRBUS, TRESCAL has opened a greenfield calibration laboratory in Mobile, AL, near the new Airbus U. S. Manufacturing Facility. Calibration services are based on technical skills, but also on providing local service that ensures responsiveness and flexibility. This new 250m² calibration laboratory will perform accredited calibrations services for measuring instruments in the dimensional, torque, temperature and electrical parameters. Three qualified technicians were hired at the opening of the new lab, but this number is expected to double in the coming months. The lab reinforces the already established network managed by the group’s subsidiary, Trescal Inc., which comprises 11 laboratories and employs 300 people. It will service Airbus as well as other industries in the area. “Trescal is honored to be selected by Airbus to be their exclusive preferred calibration services provider at the new Airbus manufacturing facility in Mobile, Alabama. Following a successful European partnership, Trescal has now been awarded the opportunity to continue that in the USA. Our new laboratory will enable us to expand our operations into Mobile and further strengthen our positioning in the Southern Region. We are excited to be able to offer our customers in Mississippi, Florida, and Alabama local service and support. We have been very fortunate to find a strong pool of qualified skilled work force in the region,” says Lonnie Spires, general manager, Trescal Inc. “Trescal is proud to be the calibration partner for Airbus activities in France, United Kingdom, Germany and now the United States. We pursue our strategy which consists in servicing our key customers wherever they are located,” adds Olivier Delrieu, CEO, Trescal Group. GE donated $150,000 in Amatrol equipment, curriculum and training to the Bullitt County Area Technology Center and Jeffersontown High School. Mayor Greg Fischer, GE President and CEO Chip Blankenship, Amatrol President and CEO Paul Perkins and other community leaders took part in a press conference to announce the donation. Amatrol and Technical Training Aids have partnered with GE for its first-ever Greater Louisville Manufacturing Workforce Development Day, which hopes to catalyze a strong hiring pipeline to aid manufacturing growth in Greater Louisville, and generate further awareness and engagement in manufacturing. Paul Perkins said the new equipment will introduce students to technologies commonly used in today’s manufacturing environments. “Our mission with this donation is to familiarize high school students with modern manufacturing careers and allow them to explore manufacturing as a career choice,” he said. Manufacturing Workforce Development Day is a half-day manufacturing event for high schools students from Bullitt County and Jeffersontown High School. More than 30 students and educators heard from experts from the manufacturing field, met the current class of advanced manufacturing technicians, and toured GE Appliances’ dishwasher plant. Bullitt County and Jefferson County Public Schools are committed to getting students ready for manufacturing jobs, and the Manufacturing Workforce Development Day donation will catalyze further growth and development of their manufacturing training programs and students. The event addressed the complexities that accompany a surging lack of qualified manufacturing workers. A workforce shortage confronts Greater Louisville manufacturers, despite resurgence in appealing jobs in manufacturing. “One of the most significant problems we face is the lack of skilled applicants for manufacturing jobs…GE Appliances is committed to putting the necessary resources and focus to ensure that our community can thrive in this manufacturing renaissance that is before us,” said Chip Blankenship, president and CEO of GE Appliances.
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