Last week, I posted Part 1 of our History of Hurco video series, where we learned about all of the events—good and bad—that led Mr. Roch to start a business with his boss at the time, Ed Humston. Mr. Roch ended up working in sales for Ed Humston who owned E.L. Humston Company when he quit his job as an industrial engineer at EMPCO in protest of the company president’s, who he believed was making a number of missteps—and his father owned 30 percent of the company, which made the situation even more awkward.
When we hear the term "High Speed Machining" (HSM), most people associate it with mold making, but what people fail to realize is that this technology is being used effectively by shops of every kind to positively impact the bottom line...and isn't that what everyone wants???
I couldn't let the month of October end without acknowledging our 45th birthday...it was October of 1968 when Mr. Roch asked Mr. Humston if he wanted to start a shop. Hurco co-founder, Gerald V. Roch, inventor of CNC and conversational progamming, sat down with me so I could document our company's founding…and he didn't "sugarcoat" it. He talked about failed product launches, financial challenges, and the times he feared the company would fold. During the coming weeks, we will post different parts of the interview with Mr. Roch. To skip the blog article and go straight to the video, scroll to the bottom!
In today’s industry it’s all about quick setup and changeover between parts...especially in an environment where you run a high-mix of low volumes. In this article I want to discuss how part and tool probing can offer a real advantage for the shops that find themselves in this type of environment.
It's that time of year again...figuring out how to keep more of your money for your business. Our friends at Tech Financial sent us the latest information on this year's Section 179 Federal Income Tax Deduction...it's not as great as the 2011 Section 179, but it's still money in your pocket. REMEMBER, we are not accountants so please check with your accountant to confirm eligibility for tax benefits.
Earlier this year, I reviewed the results from the Benchmarking Report by Modern Machine Shop called TOP SHOPS and promised to give you an update when the 2013 results were published. This blog post only touches on a fraction of the information contained in this incredibly extensive report—the Executive Summary alone is 22 pages—so I encourage you to explore Modern Machine Shop’s TOP SHOPS ZONE
For the past ten years or so, we have seen 3D printing technology – also called Additive Manufacturing – really gain momentum in the industry. In fact, it has become so common-place that there has been speculation by some that it might actually replace traditional manufacturing in the not so distant future. Although I can see many benefits of this amazing new technology, and although I do agree that it will someday impact our lives – such as how we, as consumers, acquire many common household items - I have my reservations about how much it will ultimately change the need for traditional manufacturing processes as we know them. Because of the limitations on mixing printing materials, and the fact that the materials available for use in printing are not always the best for a particular application - not everything that can be printed, should be printed.