Optimism for growth down among small manufacturers, says Xometry
Gaithersburg, Md.-based Xometry, which operates an e-com-merce marketplace, has released the findings of its quarterly
Small Manufacturing Index (SMI), showing less year-over-year
and month-over-month growth optimism among small to
Forty-three percent of surveyed manufacturers in April report-
ed that they were likely to see strong to mild year-over-year
growth, compared to 61 percent of those surveyed in January.
Forty-two percent of surveyed manufacturers reported in April
that they were likely to see strong to mild month-over-month
growth, compared to 57 percent in January. However, a sub-
set of manufacturers that use online manufacturing platforms
indicated an increase in expected year-over-year growth, with
65 percent expecting to see growth this Q2 2017 compared to
the same time last year—a 4 percent improvement from last
The quarterly index, which takes the pulse of small to midsize manufacturing shops, asked manufacturers both inside
and outside Xometry’s partner network whether they expected to see growth in business compared to previous months
and prior years. It also asked what they anticipate their growth
sectors to be.
ESAB wins Industrie Lyon
2017 Award for online data
ESAB France SA has won the Innovation
Award in the Digital Tools category at
Industrie Lyon 2017 for its WeldCloud™
online data management system. The
system includes a communication module connected to welding power sources that sends welding parameters and
machine data to a server or a PC. On any
device with a web browser, the user can
retrieve analytical tools and customizable dashboards.
The core of the system is a comprehensive database containing key
information about every weld seam,
which facilitates traceability from single
welds to the complete product. Weld
schedules can be developed on a single
machine, moved into the cloud, and
pushed out to other welding systems.
The user can manage welding parameters remotely, set limits, and set alarms
Data can be shared and analyzed by
teams across multiple data-collection
sites using any computer, tablet, or
smartphone connected to the same internal network as the welding systems
Lincoln Electric signs
definitive agreement to
acquire Air Liquide Welding
Cleveland-based Lincoln Electric Holdings Inc. has entered into a definitive
agreement with Air Liquide to acquire its
Air Liquide Welding subsidiary. Lincoln
Electric reports that this acquisition will
add to its global specialty consumables
portfolio and extend its channel reach
for equipment systems and Harris Product Group systems in Europe.
The acquisition is expected to close in
the second half of 2017. Until then, both
companies will operate independently.
Lincoln Electric manufactures arc
welding products, robotic arc welding
systems, plasma and oxyfuel cutting
equipment, and brazing and soldering
alloys. Air Liquide Welding is a manufacturer of welding and cutting technologies.
JUNE 2017 The FABRICATOR 21
(le; to right) Vincent Ferreiro, global business manager of AddUp, presents the Industrie Lyon 2017 Innovation Award to ESAB’s
Florent Dourlens, analyst programmer; Na-dine Masurier, European marcom assistant;
and Antony Fernandes, technical and marketing manager.