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Recovering From Supply Chain Strain

Aerospace and defense sectors are emerging from the pandemic more resilient while other sectors, including automotive, struggle meet demand.

Hardinge Acquires Ohio Tool Works

Hardinge Inc. has acquired Ohio Tool Works, LLC. Hardinge said the deal will enhance its machine tool and workholding portfolio.

Kennametal Announces Executive Leadership Changes

Kennametal Inc. has announced two changes to its executive leadership team. These leadership moves are designed to drive profitable growth and continue to advance the company's strategy and transformation, according to a Kennametal statement.

Arundel Machine Tool LLC acquired by ARCH Global Precision

ARCH Global Precision, Bloomfield Hills, Mich., on Jan. 21 acquired Arundel Machine Tool, located in Arundel, Maine. Arundel manufactures high-precision components and assemblies primarily for the aerospace and defense market, as well as the semiconductor and oil and gas industries.