AGMA Gear Industry News

American Gear Manufacturers Association

McInnes Rolled Rings
The New York Times
The announcement follows a review of strategic alternatives for the 90-year-old Sikorsky business that United Technologies conducted this year. A decision on whether to spin off or sell the business is expected by the end of the third quarter and is subject to the approval of the company’s board of directors.

Visit http://www.nytimes.com/2015/06/16/business/dealbook/united-technologies-plans-to-sell-or-spin-off-sikorsky-unit.html?_r=0 to view the full article online.

 
Reuters
U.S. industrial production unexpectedly fell in May as manufacturing and mining activity remained weak, a sign that a strong dollar and spending cuts in the energy sector continued to constrain economic growth.

Visit http://www.reuters.com/article/2015/06/15/us-usa-economy-industrialoutput-idUSKBN0OV1OY20150615 to view the full article online.

 
MarketWatch
The U.S. factory sector, ailing from the strong dollar, global weakness and lower oil prices, has slipped into a technical recession, new data released Monday show.

Visit http://www.marketwatch.com/story/us-manufacturing-sector-said-to-be-technical-recession-2015-06-15 to view the full article online.

 
Machine Tool Builders
United Tool Supply
Gleason Corporation
DixiTech CNC
SIPCO
Reuters
Manufacturing activity in New York State slowed in June, dropping to its weakest level in more than two years as new orders fell, a New York Federal Reserve survey showed on Friday.

Visit http://www.reuters.com/article/2015/06/15/usa-economy-nyfed-idUSN9N0XA02920150615 to view the full article online.

 
Bloomberg
"Prospects for production over the rest of the second quarter look fairly subdued and exporters face an additional burden from signs that the euro-zone’s recovery may already be losing steam," said Martin Beck, an economist at EY Item Club.

Visit http://www.bloomberg.com/news/articles/2015-06-10/u-k-industrial-output-climbs-0-4-as-oil-production-surges to view the full article online.

 
USA Today
Canada is struggling when it comes to retaining auto jobs, the U.S. is a house divided with most of the new automotive investment and jobs headed south of the Mason-Dixon line and Mexico is the auto industry darling.

Visit http://www.usatoday.com/story/money/cars/2015/06/15/auto-jobs-mexico/71224972/ to view the full article online.

 
SCOT FORGE
This seminar provides the gear design engineer with a broad understanding of the methods used to manufacture and inspect gears and how the resultant information can be applied and interpreted in the design process.

Visit https://www.agma.org/events-training/detail/2015-gear-manufacturing-inspection to view the full article online.

 
Manufacturing.net
Airbus is betting on big jets as the future of aviation, while rival Boeing is gambling on smaller ones — but both are hoping to sell hundreds of planes of all sizes at the Paris Air Show starting Monday to bolster balance sheets and meet growing demand.

Visit http://www.manufacturing.net/news/2015/06/paris-air-show-kicks-off-with-airbus-boeing-rivalry to view the full article online.

 
Manufacturing.net
The Federal Reserve said Monday that manufacturing output declined 0.2 percent last month, as productivity has basically been flat since January. Manufacturing has been hurt the stronger dollar, higher oil prices reducing equipment orders and activity at refiners, and previously by cold winter weather at the start of the year.

Visit http://www.manufacturing.net/news/2015/06/us-factory-output-down-in-may-hurt-by-oil-refining-cuts to view the full article online.

 
All Metals & Forge Group, LLC
Manufacturing.net
Several of the nation's largest publicly traded manufacturers also ranked among the biggest proponents of reshoring in recent years, according to a new analysis.

Visit http://www.manufacturing.net/news/2015/06/reshoring-in-depth-ford-caterpillar-ge-gm-among-top-reshoring-companies to view the full article online.

 
IndustryWeek
Not long after a Google Glass prototype appeared on the face of Sergey Brin more than three years ago, the technology that has never been nearly as prevalent as Google probably wished started to be mocked, lampooned and dismissed by the general public. Critics have panned Glass for more popular and wider use, but in certain settings – like the medical and manufacturing industries – it still has tremendous potential.

Visit http://www.industryweek.com/cloud-computing/google-glass-shop-floor to view the full article online.

 
Manufacturing Business Technology
General Motors plans to cut 100 jobs at its Orion Assembly plant in suburban Detroit, according to reports. The plant produces the Chevrolet Sonic and Buick Verano, two smaller models that are suffering as low gas prices sparked more purchases of trucks and SUVs.

Visit http://www.mbtmag.com/news/2015/06/gm-cut-100-jobs-amid-slower-sales to view the full article online.

 
Sandvik Cormant Co.
Specialty Ring Products
ALD-Holcroft Vacuum Technologies Co., Inc.
3D Printing Progress
The joint vision is to make additive manufacturing more accessible to designers and manufacturers and to allow them to fully realize the advantages of the technology. These advantages include geometric freedom and part functionality, economic low volume and on-demand manufacturing, the production of customized products, and more.

Visit http://www.3dprintingprogress.com/articles/7930/ptc-and-stratasys-collaborate-on-design-for-additive-manufacturing to view the full article online.

 
Area Development
The company plans to add more capacity, including the construction of a new 55,000-square-foot warehouse. This will allow Hydro-Gear to create more manufacturing space. The project is expected to be complete by the end of the year.

Visit http://www.areadevelopment.com/newsItems/6-10-2015/hydro-gear-limited-partnership-expansion-princeton-kentucky675434.shtml to view the full article online.

 
Business Wire
Airbus Helicopters is the world’s leading manufacturer of civil and military helicopters. The company recently engaged in a global plan to better serve customers that involves replacing legacy operating systems with state-of-the-art digital capabilities. As part of this digital transformation, Airbus Helicopters was specifically looking for a powerful factory planning and shop-floor solution that would reduce its time-to-market and improve operational efficiency.

Visit http://www.businesswire.com/news/home/20150614005028/en/Airbus-Helicopters-Selects-Dassault-Syst%C3%A8mes%E2%80%99-%E2%80%9CBuild-Operate%E2%80%9D#.VX7uI_lViko to view the full article online.

 
Carl Zeiss Industrial Metrology
Rave Gears, LLC
GERB Vibration Control Systems, Inc.
Financial Post
The manufacturing renaissance that the Bank of Canada had hoped for doesn’t appear to be materializing anytime soon.

Visit http://business.financialpost.com/investing/what-the-dismal-april-manufacturing-read-means-for-canada to view the full article online.

 
CNET
California's Silicon Valley enjoys a reputation as the world's center for tech innovation. For manufacturing, it's Shenzhen, China. But if some private investors and the French government get their way, a quiet city in western France will claim some influence in both those domains.

Visit http://www.cnet.com/news/france-tries-rejuvenating-high-tech-manufacturing-with-internet-of-things-center/ to view the full article online.

 
3DPrint.com
There is little doubt that the US Military and our leaders view 3D printing as an incredibly important technology. We’ve seen virtually every branch of the US military look toward the technology in one form or another as the government is constantly seeking new ways to better protect our soldiers and our nation as a whole.

Visit http://3dprint.com/73179/wright-patterson-3d-print/ to view the full article online.

 
Cincinnati Gearing Systems Inc.
Live Mint
T&K acquisition will help Aequs to expand its footprint in North American market, says Aravind Melligeri, Aequs chairman and chief executive.

Visit http://www.livemint.com/Companies/pvOszgsN8FcNaJpO6jKXSJ/Aequs-acquires-TK-Machine.html to view the full article online.

 
Quality Magazine
April U.S. manufacturing technology orders totaled $384.81 million, according to The Association For Manufacturing Technology. This total, as reported by companies participating in the USMTO program, was down 8.1 percent from March’s $418.67 million and down 1 percent when compared with the total of $388.51 million reported for April 2014.

Visit http://www.qualitymag.com/articles/92670-manufacturing-technology-orders-fell-in-april to view the full article online.

 
PR Newswire
Automotive manufacturers were among the earliest adopters of additive manufacturing/3D printing (3DP) technology, but for decades have relegated 3D printing technology to low volume prototyping applications, while other industries have taken additive manufacturing to new levels.

Visit http://www.prnewswire.com/news-releases/additive-manufacturing-opportunities-in-the-automotive-industry-a-ten-year-forecast-300096426.html to view the full article online.

 
Apex Tool Group, LLC
Manufacturing.net
The latest forecast from the Manufacturers Alliance for Productivity and Innovation Foundation tempered expectations for the industrial economy this year but is more optimistic about 2016.

Visit http://www.manufacturing.net/news/2015/06/mapi-foundation-projects-slower-manufacturing-growth-in-2015 to view the full article online.

 
WNCT
After only one year, East Carolina University’s Tools for Advanced Manufacturing for Veterans, has served more than 160 veterans.

Visit http://wnct.com/2015/06/10/ecus-tools-for-advanced-manufacturing-for-veterans/ to view the full article online.

 
BBC
A growing trend of young entrepreneurs have found themselves in an unlikely place: at the helm of firms operating in the most traditional of industries - manufacturing.

Visit http://www.bbc.com/news/business-33101049 to view the full article online.

 
Specialty Steel Treating, Inc.
Aerospace Manufacturing and Design
GKN Aerospace has been awarded a contract to supply inlet lip skins for the Boeing 737 MAX and 777X and to assemble the 787 Dreamliner Section 47 floor grid.

Visit http://www.onlineamd.com/boeing-awards-gkn-737-contract-061315.aspx#.VX7y2PlViko to view the full article online.

 
Mining Weekly
Given compulsions to increase coal production from underground mines, longwall mining technology is seemingly making a comeback in India.

Visit http://www.miningweekly.com/article/long-wall-mining-making-a-comeback-in-india-2015-06-09 to view the full article online.

 
AIN online
Lockheed Martin (Chalet 316) is taking steps to improve its manufacturing processes for the F-35 Lightning II. The company contends that more efficient manufacturing methods will help it drive down the flyaway cost of the fifth-generation fighter by $10 million by 2019, and by more if the U.S. government invests.

Visit http://www.ainonline.com/aviation-news/business-aviation/2015-06-12/lockheed-martin-follows-blueprint-drive-down-f-35-costs to view the full article online.

 
Star SU LLC.
Naylor Association Solutions
Naylor Association Solutions
 
American Gear Manufacturers Association
1001 N. Fairfax Street, 5th Floor, Alexandria, VA, 22314-1587
www.agma.org