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December 2020 U.S. cutting tool consumption totaled $157.3 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.

End mills, traditionally made with two to four flutes, are used in one of the oldest mechanized machining processes—milling.

Mitsui Seiki has produced the first commercial CNC machine tool that incorporates the Blue Arc HSEE (High Speed Electro Erosion) material removal process technology that is exclusively licensed by General Electric.

November 2020 U.S. cutting tool consumption totaled $151.3 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.

Expand Machinery LLC has introduced the GENTURN-52CS Y2, a 2" bar capacity, eight-axis Swiss mill/turn center featuring a subspindle and dual C and Y axes for the production of complex work in one handling.

The new i-ONE system of exchangeable micrograin carbide drill inserts and premium tool steel holders with coolant channels is based on coating advances and optimized designs for higher tool life and changeover speed, according to tool manufacturer YG-1.

Niigata Expands Hn-5x Series Of Boxway Horizontal Machining Centers To Include Ultra Large Capacity Hn80e-5x.

GWS Tool Group has acquired Taurus Tool & Engineering. Taurus, based in Batavia, Illinois. It is the first acquisition in 2021 for GWS Tool Group, following three previous acquisitions in 2020.

The Industry 4.0 & Smart Manufacturing Adoption Report by IoT Analytics suggests that Industry 4.0 technology uptake is still low among manufacturers.

The Italian machine tool, robot and automation industry trade organization, UCIMU-SISTEMI PER PRODURRE, forecasts a recovery in 2021