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Boosting the Manufacturing Workforce: A Comprehensive Look and Future Directions
The manufacturing industry, the backbone of the U.S. economy, faces an impending challenge. As per a recent study conducted by Deloitte and The Manufacturing Institute, the U.S. could see as many as 2.1 million manufacturing jobs unfilled by 2030, potentially costing the economy a staggering $1 trillion in that year alone. This paints a rather…
Read MoreGlobal Tungsten Carbide Market to Soar to $29.7B by 2030
Tungsten carbide, once a notable player in World War II for its application in the weapons-manufacturing sector, is once again under the spotlight as the global market rockets. From its initial rise in the 20th century, this compound of tungsten and carbon, famed for its unmatched hardness, wear resistance, and strength, has become a staple…
Read MoreCutting Tool Carbides: Enhancing and Advancing the Cutting Tools Industry
One of the most exciting aspects of the cutting tools industry is its essential placement on the frontlines of scientifically driven technological advancement. From the incorporation of AI to the introduction of cobots, and the daily deepening of IoT, the cutting tools industry continues to explore the boundaries of technology, making it one of the…
Read MoreConnect with Students: STEM Careers in Cutting Tools and Manufacturing
The manufacturing industry as a whole, and particularly the cutting tools sector, have been forming quiet partnerships with high schools across the nation. Their aim is to educate students about the enriching career prospects they can provide. Companies within these industries have built relationships with schools to dispel the myths surrounding job viability and prospects. …
Read MoreThe Evolution of AI in Manufacturing: Current Triumphs and Future Horizons
Manufacturing is classically seen as something firmly rooted in the factory, the machine, the laborer, and the leader—but like all things that stand the test of time and complex markets, it has evolved to encompass the highest levels of technology. Artificial Intelligence (AI) has transformed processes, increased efficiency, and opened avenues previously thought impossible. As…
Read MoreThe Demand for Specialty Metals in Aerospace Rises Through the Stratosphere and to the Stars
Over the past few years, the specialty metals industry has remained a global frontrunner, consistently showcasing some of the most exciting and advanced products and process technologies across various sectors. Despite numerous challenges, the demand for specialty steel products continues to grow annually, with a recent uptick of 2.2 percent. This growth is primarily driven…
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