New evidence of the stunning decline of the North American injection molding industry seems to gain speed almost daily. I reported earlier on the proposed sale of GE Plastics and the large layoffs at Milacron. This is on top of bankruptcies at leading Tier One suppliers and auctions of molding machinery. Now there is news that Bob Schad is putting Husky Injection Molding systems up for sale. Schad was a skilled tool builder who built Husky from the ground up as a technology leader and blue-chip company. Its original forte was very sophisticated systems to produce PET performs. Husky later branched into injection molding, and was a major player in stack molding and other high-productivity systems. The word is that Schad is disgusted by very low valuations of Husky on the Canadian Stock Exchange. Prices of shares jumped 20% when news of the sale broke. None of this is good news for the design engineering community. GE Plastics, Milacron and Husky were among the very best companies in the field, and important innovators. Outsourcing to China is only partly to blame. There is a growing lack of appreciation of total value when many companies make purchasing decisions. CEOs are driving companies to short-term profit gains through extensive use of processes such as electronic reverse auctions. We will pay a heavy price.
Why would the biggest connector company in the world design and build the first fully functional 3D-printed motorcycle? To show TE Connectivity's engineers what the technology can really do in making working load-bearing production parts, and free up their thinking when approaching design problems.
In his keynote address at the RAPID 2015 conference last week, Made In Space CTO Jason Dunn gave an update on how far his company and co-development partner NASA have come in their quest to bring 3D printing to the space station -- and beyond.
A composite based on a high-performance PEEK-like resin we told you about two years ago when it was still in R&D has now been licensed by the US Naval Research Laboratory (NRL) for commercial manufacturing.
Focus on Fundamentals consists of 45-minute on-line classes that cover a host of technologies. You learn without leaving the comfort of your desk. All classes are taught by subject-matter experts and all are archived. So if you can't attend live, attend at your convenience.