The manufacturing industry contributes $65,000 to the U.S. economy every second. Every second! To see how much money that is in cold cash and to support the effort to sustain manufacturing by attracting young talent, check out Sandvik Coromant’s effort to break a Guinness World Record at IMTS.
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Keeping these emerging trends and patterns in mind will help you see IMTS in a new dimension.
For two shops in northern Indiana, using MTConnect for machine monitoring was just the start. Both shops are now ready to implement other promising applications.
With a reading of 51.9, the July metalworking index showed that the industry grew for the seventh consecutive month and the ninth time in 10 months. While this growth was at its slowest pace of 2014, the index was still 7.0 percent higher than it was one year earlier, the 11th straight month that the month-over-month rate has grown.