Product development is becoming increasingly demanding. Quality requirements are rising; additionally, designers need to consider criteria such as sustainability and energy efficiency. Visualization software offers the potential to reveal the complex interaction between all the different parameters and features of the planned product. For this purpose, Fraunhofer researchers have developed an interactive tool that provides […]

The VDW (German Machine Tool Builders’ Association), Frankfurt am Main, has acquired a minority stake in Munich-based Spanflug Technologies GmbH. The contract was signed last November. The start-up has been operating since 2018 and was spun off from the Institute for Machine Tools and Industrial Management (iwb) at the Technical University of Munich (TUM). Its […]

CECIMO, along with seventeen other associations signed the open letter on Industry Competitiveness and EU Standardisation. The co-signatories, representing businesses from a variety of sectors in Europe, invite the EU Council Presidency to urgently address the following issues: consider the issue of harmonised standardisation as inseparable from the revision of the Industrial Strategy for Europe […]

Global machine tool consumption is expected to recover slowly in 2021 after the sharp decline in 2020. The German Machine Tool Builders’ Association (VDW) and the British economic research institute Oxford Economics forecast growth of +17.7% to € 64.9 billion (previous year: -23.2%; € 55.1 billion). However, it cannot be excluded that these forecasts will […]