Despite projected minimal declines in demand, US production of potash is set to expand to more than double the production levels seen in 2017 over the next five years as US firms expand. This development is timely, as the US government recently listed potash as crucial to economic and national security.
June 20, 2018In the US, steel is primarily produced in either basic oxygen furnaces (BOFs) or electric arc furnaces (EAFs). Of the approximately 80 million metric tons of raw steel produced in the US in 2016, 67% of it was created in EAFs...
April 3, 2017Roy Amara once said, “We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run”. In the machine tool market, additive manufacturing promises to be revolutionary, enabling the production of parts that would be nigh-impossible to create with conventional machine tools. How is additive manufacturing going to impact the types of parts and profitability of machine shops in the future?
February 22, 2019