New digital technologies, such as Artificial Intelligence (AI), the Internet of Things (IoTs), robots and cobots, augmented and virtual reality, are transforming the world of production. They are enabling more efficient processes and generating added value, not just for industry but for local communities and the environment.

Pic caption: David C. Klotz, President, Precision Metalforming Association.

In the July/August issue of ISMR, we outline the principles of plasma cutting as well as process variations, key components and variables (page 16). Sources of future spending, growth and innovation are highlighted in global aerospace and defence markets (page 20) and we chart Italy’s path through the pandemic, with forecasts and growth projections for its economy and manufacturers (page 30).

EMO MILANO 2021, a leading exhibition for the global metalworking industry, will take place in Milan (Fieramilano Rho exhibition grounds) from 4-9 October 2021, when new investment is expected to resume.

Forterro, a European provider of ERP software solutions to more than 7,000 midmarket manufacturing and production companies, announced the acquisition on 8 July 2021 of UK-based 123 Insight Ltd, a provider of MRP/ERP SaaS solutions for manufacturing companies.

A key supplier to the steel stockholding and handling industry, Street Crane Company is celebrating its 75th year of innovation in crane technology. The company’s association with steel stockholding and handling grew in the 1970s and 1980s with installations for Walker Steel and British Steel Distribution (BSD), making it amongst the biggest UK customers for coil and section handling cranes.