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The Fourth Industrial Revolution is set to transform manufacturing operations, and leading manufacturers are revising their operations in ways that can serve as beacons for others. The grand challenges of the coming decades require deep, responsible industry transformation along entire value chains. By putting system failure at the center of their transformation journey, leaders in manufacturing can unlock responsible and transformational growth. The Fourth Industrial Revolution is set to transform manufacturing operations, and leading manufacturers are revising their operations in ways that can serve as beacons for others. The grand challenges of the ...
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The MTI Educational Foundation is excited to announce that the 2022 application process for scholarships is officially open for applications. The Foundation Board has approved 11 scholarships for a total of $51,000 for 2022.   Since 2017, the MTI Educational Foundation has awarded 38 scholarships for $186,000.   The MTI Educational Foundation Scholarship Program is open to students who are interested in a career in metallurgy, materials science, engineering, industrial, and/or mechanical sciences. Applicants must be currently enrolled, or recently accepted, as a full- or part-time student in a nationally accredited college or technical school. Applicant’s ...
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If the old horse you lead to water doesn’t drink, find a robotic one that will. That’s pretty much what countries with aging workforce populations are doing.   As older workers become less productive in the manual tasks they perform, and industry finds fewer employees willing to do that work, companies are investing in robotics and automation to pick up the slack, according to a new paper published in  The Review of Economic Studies . In the past, most research focused on how new technologies, not demographics, drive the adoption of robotics and automation in the workplace. The new research can help countries, employers, and workers gain a better understanding ...
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Many companies have embraced agility in recent years. The more the world changes in unpredictable ways, the more critical it is for us to react nimbly. Yet performance management processes have largely been stagnant. To achieve agility across the organization, you need to embrace agile performance management. Performance management in the pandemic   forced changes in the way we manage performance today. Although agility was trending before COVID-19, companies had to become agile to survive. Customers’ needs changed overnight, and companies needed to react quickly to stay in the game. But we don’t need to wait for dire circumstances to implement agile processes. ...
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Boeing Co   bounced back to win the traditional annual order race against Airbus SE   on an adjusted basis, but its European rival remained the world's largest plane maker based on the number of jets delivered, data showed on Tuesday. Shares in Boeing rose around 2% after the closely watched data showed it ended 2021 with 535 net orders after cancellations and conversions that were partially offset by regular accounting adjustments. Gross orders were 909. Excluding the upward accounting adjustments, which reflect a more positive view from Boeing on airlines' ability to take delivery, Boeing fell behind its rival with 479 orders. Airbus   sold 771 airplanes ...
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United States Steel Corp. on Tuesday announced its building a $3 billion mill in northeast Arkansas that’s expected to employ at least 900 people.   The Pittsburgh-based company announced it has chosen Osceola for the site of its new mill, with construction expected to begin early this year and to be completed 2024. Osceola is about 50 miles (80 kilometers) north of Memphis, Tennessee. “With this location selected and shovels ready, we are reshaping the future of steelmaking,” U. S. Steel President and CEO David B. Burritt said in a statement. “We had numerous competitive site options, but Osceola offers our customers incomparable advantages.” ...
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Having an OT/IT convergence strategy is essential to OT cybersecurity. Operational technology (OT) and information technology (IT) have traditionally been separated for good reason, but now, these worlds are coming together from strategic initiatives related to Industry 4.0 or digital transformation. Lance Oberlin, manager, business and industrial IT at RoviSys, talks about what OT and IT can learn from one another. CFE MEDIA: How important is good OT/IT convergence to ensuring cybersecurity? Lance Oberlin:  We find a well-designed, implemented, and maintained OT/IT convergence strategy is critical to OT cybersecurity. In fact, this is arguably the ...
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The MTI Board of Trustees is excited to announce the details for the 2022 Spring Meeting are complete and the hotel block and meeting registrations are now open. Every MTI meeting has an exciting vibe to it that helps members refresh their perspective on the future, refuel their energy for leading their company, and connecting them in with the most creative minds in heat treating.   Three key elements make MTI Meetings a must attend event:   ELEMENT #1:   CONNECTION TO BEST MINDS IN HEAT TREATING In today’s fast-paced, ever-changing environment, it’s easy to feel alone in the daily grind of challenges faced by a heat treating company. Not at MTI! When ...
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U.S. manufacturing activity slowed in December amid a cooling in demand for goods, but supply constraints are starting to ease and a measure of prices paid for inputs by factories fell by the most in a decade. The Institute for Supply Management (ISM) survey on Tuesday also suggested some improvement in labor supply, with a gauge of factory employment rising to an eight-month high. Still, Timothy Fiore, chair of the ISM manufacturing business survey committee, noted that "shortages of critical lowest-tier materials, high commodity prices and difficulties in transporting products continue to plague reliable consumption." The survey does not fully capture the ...
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In today’s business world, three words are the key to your company and management team making accurate decisions while minimizing uncertainty and risk.   Those three words are data, data, and data. Having real-time information flowing to your teams is the key to taking advantage of the opportunities in front of every heat treating company.     One of the Metal Treating Institute’s highest priorities is to invest its resources into providing information and data that will drive your team’s success in making decisions and executing your business plan.   The following are key connection points and information flow that you will want to make sure you tap into ...
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New standards are being created to avoid situations where every single vendor has their own digitalization solution. Industrial standards are evolving alongside the manufacturing practices to which they pertain, but it’s hard to keep up with these changes. Here we chat with Michael Bowne, executive director of PI North America, to get his take. Smart Industry: How are standards changing as digital initiatives mature? Michael: I see three trends occurring in the realm of standardization as digitalization becomes more prominent in industry.   Adapting to new technologies First, there’s a need to adapt existing standards to new technologies. For ...
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With the new evolving landscape, it is more important than ever to be a good leader to retain employees and keep them happy. With the new year coming sooner than later, now is a great time to consider additional steps that you can take to improve your leadership skills. That said, according to the Bureau of Labour Statistics, 4 million Americans quit their jobs in July 2021.  For an employer or leader of a company, this can be scary. No one wants their employees to feel unhappy enough to quit their job and lose them as an asset to the company. Now more than ever, people need effective leaders. However, you can set yourself up for leadership success in 2022 ...
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What is hardness in metals? Hardness is the property of a material that allows it to resist permanent distortion, penetration, indentation, and scratching. Therefore, hardness is important from an engineering point of view because resistance to wear by either friction or erosion from steam, oil, and water generally increases with hardness. The hardness of material refers to its ability to resist wear, tear, scratching, and abrasion cutting.   What is hardness testing? The process of testing surface hardness by applying a specific, known force on the testing surface, allowing us to know the strength of metal, is called hardness testing. Hardness testing ...
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We often think of the holiday season as a festive, fun-loving time. There are decorations, parties, cookies, gift exchanges, and sometimes year-end bonuses! Everyone should be having a great time. However, that’s not always the case. The end of the year can cause greater stress, anxiety, and depression. Each person deals with the holidays differently and it is important that HR professionals understand how to assist employees. Here are several reasons why holidays can be hard:   Work pressure to finish the year strong, meet sales goals, or complete projects. Employees who suffer from depression, anxiety, or other mental health issues may find dread ...
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Many businesses still aren't willing to spend money on cybersecurity because they view it as an additional cost – and then find they have to spend much more cash recovering from a cyber incident after they get hacked.   Cyberattacks like   ransomware ,   business email compromise (BEC)   scams , and data breaches are some of the key issues businesses are facing today, but despite the number of high-profile incidents and their expensive fallout,   many boardrooms are still reluctant to free up budget   to invest in the cybersecurity measures necessary to avoid becoming the next victim. The cost of falling victim to a major cyber incident like a  ransomware ...
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Because uncertainty is at such a high level in today's business climate, "business intelligence" is the #1 value to any company today.  Having access to the right data can make an uncertain and unpredictable future much more clear.  MTI's business intelligence is the best in the industry and made specifically for commercial heat treaters and suppliers who support them, and is second to none with regards to: District/National historical heat treating sales trends and comparison  Heat treat sales forecasts for 1, 2, and 3 years 1, 2, and 3 year forecasts for the eight (8) top industry sectors that drive heat treat sales including automotive, aerospace, ...
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Over the past couple of years, the Metal Treating Institute (MTI) has been updating its technical content to meet the growing needs of members.   MTI is excited to announce it has completed the updates to all certificate programs, with new video content and in-plant demonstrations in many of the courses.   In revamping the training program, MTI has launched a new certificate program focused on quality.   Quality and audit compliance play a huge role in any heat treating plant/division.   MTI has put together a 5-module course called, the Keys to Quality Management .   The 5-modules include the following content:   Principles in Operating a Heat ...
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Oilfield services firm Halliburton on Monday warned the world is headed for a period of energy scarcity following years of underinvestment in bringing more fossil fuels to market. “For the first time in a long time, we will see a buyer looking for a barrel of oil, as opposed to a barrel of oil looking for a buyer,” Halliburton Chief Executive Jeff Miller said at an oil and gas conference in Houston. It could take about a decade to ease the supply crunch, Miller told Reuters on the sidelines of the conference. U.S. oil prices in October jumped to a seven-year high of $85 a barrel as the economy recovered from the coronavirus pandemic and demand surged. Critics ...
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“Why don’t they do it the way we tell them?” The CEO was frustrated.  He was quite sure that his directions had been clear, but his team members had not come through.  He was beginning to think that they were lazy or didn’t care. He was especially worried because in the current environment he knew they’d be hard to replace, but he didn’t like the idea of carrying people who weren’t pulling their weight.  He started to map out how he could avoid some of the worst offenders or work around them, hoping they would at least do part of what he had assigned and thinking he would just try not to notice when they didn’t. He preferred to focus on the organization’s ...
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The concept of the digital twin, in which an organization creates a virtual representation of its business operation, has been around in various forms for decades, but has undergone a tremendous shift in recent years. Previously, digital twins were created using spreadsheets to input data and see potential outcomes of various scenarios. Thanks to advances in artificial intelligence and virtual reality, digital twin technology has progressed with faster, more accurate projections, based on endless streams of data that can be accessed from anywhere in the world. It’s essentially creating a “metaverse” for manufacturing companies. By using a direct feed of data ...
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