Leifeld Metal Acquired by Nihon Spindle June 1, 2020 Nihon Spindle Manufacturing Co., Ltd. has acquired all the shares of Leifeld Metal Spinning AG. The brands and company locations will remain unaffected, including Leifeld USA, located in Livonia, Mich.
NAM Issues Statement on Floyd Death June 1, 2020 The National Association of Manufacturers issued a statement about the death of George Floyd in Minnesota.
Mazak’s Inaugural All Axes LIVE Event Connects with Customers Worldwide August 13, 2020 Held on August 11, 2020 and streamed live from Mazak’s Midwest Technology Center, the All Axes LIVE digital event drew large crowds from across North America and worldwide, according to Mazak.
Rush job? No prob! September 24, 2020 Improvements in manufacturing management software, robotics, additive manufacturing and thermal controls are making small batch sizes more cost effective—even for smaller shops. Manufacturing plants are able to reduce inventory, improve throughput and reduce demands on human operators.
Report: M&A in Precision Manufacturing Industry Remains High September 21, 2020 Capstone Headwaters released its Precision Manufacturing Mergers & Acquisitions (M&A) Update Sept. 17, reporting that transaction activity in the precision manufacturing industry has remained strong despite the pandemic.
Methods Machine Tools’ Virtual MetalStorm Event is Live September 10, 2020 Methods Machine Tools Inc., a provider of precision machine tools and automation is hosting MetalStorm 2020 in a virtual format on its newly redesigned website from September 8th – 18th,, beginning at 9:00 a.m. (EDT) weekdays.
NAM Survey Finds Use of PPP September 10, 2020 The National Association of Manufacturers said a quarterly survey shows strong use of liquidity programs like the Paycheck Protection Program and Main Street Lending Program.
Okuma America Debuts Virtual Showroom September 17, 2020 Okuma America Corp., a maker of CNC machine tools, announced the debut of a virtual showroom.
National Safety Council: COVID-19 on Pace to Become Third Leading Cause of Death in 2020 August 20, 2020 The National Safety Council says it is highly alarmed to see that the mortality numbers for COVID-19 already have surpassed the total annual number of preventable, accidental deaths in 2018, the most recent year of final data—and it is only August. At this pace, COVID-19 likely will be the third leading cause of death in 2020, behind only heart disease and cancer.
Sandvik Launches Sanicro 35 Super-Austenitic Grade Steel August 26, 2020 Maker of a new alloy targets extremely corrosive environments and seawater applications