Don’t expect unemployment to drop much in the next year or two, according to Federal Reserve Chairman Ben Bernanke. He projects the jobless rate will be well above seven percent through the end of 2012. That could spell bad news for the re-election of President Barak Obama. Bernanke told Congress “a significant amount of time” [...]
May US manufacturing technology consumption totaled $178.34 million, according to the American Machine Tool Distributors’ Association [AMTDA] and The Association For Manufacturing Technology [AMT]. This total, as reported by companies participating in the United States Manufacturing Technology Consumption [USMTC] program, was down 22.9 percent from April but up 58.6 percent from the total of $112.42 [...]
Mark your calendar for June 9, 2010, when your local Haas Factory Outlet will host a “Fast & Furious DT-1” Demo Day event. Check out our new Haas DT-1. It’s our first-ever Drill and Tap Center, and it boasts full milling capabilities and a “that’s awesome” price. Change tools in just 0.8 of a second. [...]
MAG Industrial Automation Systems, Erlanger, KY, received an order for two HyperMach H4000 5-axis horizontal profilers, and other auxiliary equipment, valued at approximately $6 million, from Shanghai Aircraft of China, to support production of the new ARJ21 aircraft.
The machines purchased by Shanghai Aircraft are equipped with a 27,000 rpm spindle, capable of metal removal rates [...]
The global aerospace industry has witnessed impressive growth over the past few years, with major contribution from the civil aviation segment. The US and European countries have been the prominent markets acting as catalyst for the overall market growth. Despite tough phase of economic recession, the aerospace industry has shown uptrend in line with strong [...]
Economic activity in the manufacturing sector expanded in December for the fifth consecutive month, and the overall economy grew for the eighth consecutive month, according to supply executives in the latest Manufacturing Institute for Supply Management Report On Business®.
The report was issued today by the Institute for Supply Management Manufacturing Business Survey Committee. The manufacturing [...]
Chalk up another casualty to the decline in the US economy and another hit towards manufacturing in this country. The December 2009 edition of American Machinist Magazine was its last printed edition. Although it wasn’t a big surprise since we reported Modern Applications News Magazine’s demise back in June ‘09, we never expected [...]
Haas Automation has made it even easier for Fadal owners to make the switch by allowing them to bring their programs with them. The Haas control will now translate and run most Fadal-specific CNC programs – without re-posting or manual editing – right at the Haas control. The program can then be set up [...]
A few months ago we covered Modern Applications News Magazine’s announcement of going to an all digital format. We believed their attitude, their boldness and their leadership in taking another step toward the new direction of 21st century publishing was the right way to go. Well, we were wrong. And we’re “MAN” [...]
“Speeds and Feeds” or “Feeds and Speeds”? Either way, here at CNCReport.com, we want to provide the best info to seasoned as well as new machinists in the industry. Now, we’re providing helpful tools to our readers as well. We’ve added a Feeds and Speeds Calculator to the site as our first [...]
