The fourth quarter of 2021 capped a strong year for additive manufacturing markets, according to SmarTech Analysis, New York, New York. The growth rate for all additive hardware, materials, software and outsourced services is estimated to be 18 percent (to $10.6B) for 2021 compared to the same period in 2020. Specific to Metals, the market grew 16 percent, to $3.9B. Specific … [Read more...] about SmarTech Analysis Reports on Growth of Additive Manufacturing Industry
Press Releases
North American Tooling Industry Increases Utilization, Revenue in 2021
Harbour Results, Inc. (HRI), a leading manufacturing industry consulting and benchmarking company based in Southfield, Michigan, recently released the results of the Q1 2022 Harbour IQ Manufacturing Pulse Study. The analysis indicates that the tooling industry rebounded in 2021 with companies on average seeing year-over-year revenue growth of 10. Additionally, both mold and die … [Read more...] about North American Tooling Industry Increases Utilization, Revenue in 2021
US Trade Representative Announces Reinstatement of US Tariff Exclusions
The US Trade Representative announced March 24 the reinstatement of 352 exclusions from Section 301 tariffs. Some items included in the reinstated tariff exclusions are industrial goods such as mechanical and electrical products, vehicle components, printing circuit boards, chemicals and more. These products comprise much of the $370 billion in imports from China onto which the … [Read more...] about US Trade Representative Announces Reinstatement of US Tariff Exclusions
Platinum Tooling Expands Tool Line
Platinum Tooling Technologies, Inc., Prospect Heights, Illinois, announced that it has expanded its line of Heimatec tooling for the Haas BMT turret. The product line includes a variety of driven tools (axial and radial drilling and milling heads) as well as static tool holders. These driven tools were recently reengineered and are capable of running at a higher rpm for a … [Read more...] about Platinum Tooling Expands Tool Line
Angela Elsey Named President of PCS Company
PCS Company, Fraser, Michigan, has announced that Angela Elsey has been promoted to president of the company, effective April 1. She succeeds David Cataldi, now serving as senior strategic advisor for the company, as he moves forward with his plans to retire in July of this year. Cataldi has been president of PCS since 2017. Elsey has served as director of finance for PCS … [Read more...] about Angela Elsey Named President of PCS Company
Exact Metrology Announces Next Gen of Artec Micro
Exact Metrology, a division of In-Place Machining Company and comprehensive 3D metrology service provider and hardware sales company located in Cincinnati, Ohio, now offers the newest version of its Artec Micro scanner. This new model distinguishes itself through its professional ultra-high precision industrial desktop 3D scanner. Features of the Artec Micro include up to 10 … [Read more...] about Exact Metrology Announces Next Gen of Artec Micro