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Walter Acquires Melin Tool Co.

Walter has reached an agreement to acquire the Melin Tool Co., a privately-owned, Cleveland-based company and manufacturer of solid-carbide and HSS end mills, drills and countersinks.

U.S. Cutting Tool Orders Up 10.2% In October from September

October 2019 U.S. cutting tool consumption totaled $216.1 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 10.2 percent from September's $196 million

Marposs Celebrates 60 Years of Precision in North America

Marposs Corp. celebrates 60 years in North America and is expanding its portfolio with precision measurement equipment and acquisitions, making significant strides in the EV and semiconductor industries while emphasizing innovation and global reach.