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In a world where machine shops are struggling to stay open and maintain their business and in a day when “going into dad’s business” is not what it once was, Platinum Tooling is an exception to the rule.

SMW Autoblok Group, a provider of industrial workholding solutions, has acquired Tecnomagnete, the world’s leading manufacturer of permanent electromagnetic clamping and lifting systems.

Greenleaf Corporation introduced its carbide insert grade G-9610 for higher material removal rate and longer tool life.

Lutz Labisch to Become President and CEO for TRUMPF in North America

Walter will assume governance of the round tool production unit in Greer, S.C., through an intra-company transfer within the Sandvik Group to strengthen its manufacturing presence in the U.S.

Laser welding of dissimilar materials is a dynamic process and its time has arrived.

Sandvik has signed an agreement to acquire 67 percent of Chuzhou Yongpu Carbide Tools Co., Ltd, a China-based maker of solid round tools, with a call option to buy the remaining part in three years.

Two things everyone knows about diamonds: they’re very hard and they’re very expensive. And so it is with polycrystalline diamond (PCD) as well as cubic boron nitride (CBN) cutting tools.

Selecting the best type of cutting tool for holemaking jobs is not always clear. It is best to have a drill that caters to the workpiece material, produces the specs required, and provides the most profit for the job at hand. Considering the variety of jobs and parts manufactured in machine shops, there is no “one-drill-fits-all.”

OMAX has scheduled its next virtual event, “The Versatile World of Waterjet”