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Study Predicts Record High for Automotive Tooling Expenditures, Followed by Dip

Friday, November 17, 2017
 
Harbour Results, Inc. (HRI), Southfield, MI, a consulting firm for the manufacturing industry, predicts 2018 automotive vendor tooling spend to reach a record high of $11 billion. The prediction is a result the firm’s in-depth study on the current state of the automotive vendor tooling industry, which reports that the key factor driving increased tooling spend is the 177 North American vehicle launches predicted between 2018 and 2020, with 66 percent of these launches to be sport utility vehicles and truck platforms, which require more tooling to manufacturer than car platforms.

“In 2017, we are estimating tooling spend to be approximately $9 billion, which has resulted in high capacity utilization among tool shops - 88 percent for die shops and 81 percent for mold shops,” says Laurie Harbour, HRI president and CEO. “This created a new tooling model of outsourcing. In fact, $1 billion to $1.5 billion in tooling was outsourced this year to help manage the growing demand. We can only expect this trend to grow in 2018.”

Yet, what goes up often comes down: HRI projects a drop of 40 percent in tooling spend from the high of $11 billion in 2018 to approximately $6.7 billion in 2020.

For more, visit harbourresults.com.

Unison Ltd. and Pneuform Machines Ltd. Announce Joint Venture

Thursday, November 16, 2017
 

Unison Ltd., North Yorkshire, England, manufacturer of tube bending machines and simulation software, announced that it has entered a joint venture with Pneuform Machines Ltd., Hants, England, leading to full integration within the Unison family of companies joining Yorkshire CNC and Ingenium Integration. The joint venture will strengthen Unison’s portfolio adding a range of small diameter tube and wire bending machines.

For more, visit unisonltd.com and pneuform.com.

 

TMA Die-Design Course Begins in January

Wednesday, November 15, 2017
 

The Technology and Manufacturing Association (TMA) will be offering a die-design class in Schaumburg, IL, beginning January 8, 2018, and running until May. This class, in its second year, will be taught by Ray Proeber, president and founder of Accurate Die Design Software (www.diedesignsoftware.com), Brookfield, WI. Attendees will be using SolidWorks 3D CAD software along with Logopress3 die-design software.

Designing progressive dies is the main focus of the 20-week hands-on class. Students also will learn about blanking dies and single-hit form dies as well as compound and transfer dies. Each student will design numerous strip layouts and at least one progressive die, and will animate the progressive die as if it were running in the press. A variety of important topics related to die design will be presented throughout the course.

For more information, contact Proeber at 262/938-9316 or the TMA Education Department at 847/825-1120.Space is limited to 10 students. 

 

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