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SMW Autoblok Acquires Tecnomagnete

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

Siemens Opens Tech Hub

Siemens is announcing the opening of its new Charlotte Advanced Technology Collaboration Hub (CATCH) which will be located in Charlotte, N.C.

Sandvik to Acquire Chinese Round Tools Maker

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.

Hard Facts About the Hardest Cutting Tools

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.

Drill Choice: Solid-Carbide or Replaceable-Insert?

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.”