Kennametal Announces Executive Leadership Changes February 3, 2020 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.
Boring Tools Get Smart, Go Deep February 3, 2020 It’s said that holemaking is the most commonly performed of all machining operations. And it stands to reason that most of those holes must be reamed or most likely bored after drilling. For as long as machinists have been boring holes, however, they’ve struggled with a variety of problems.
Taiyo Koki Introduces Latest Technology to Speedgrip Chuck Co. January 30, 2020 Speedgrip Chuck Co., an Elkhart, Ind. Based workholding equipment manufacturer, has become the first U.S. customer of Taiyo Koki’s CVG-6T grinding machine. Taiyo Koki, a DMG Mori owned grinding machine manufacturer founded in 1986, “moves beyond the conventional concept of the traditional grinding,” the company said in a statement.
Liebherr to Celebrate 50th Anniversary in the U.S. January 30, 2020 In 2020, Liebherr will be celebrating 50 years of manufacturing its products in North America. With its 50th anniversary theme “United by Success,” the manufacturer says it remains focused on its commitment to U.S. customers.
Arundel Machine Tool LLC acquired by ARCH Global Precision January 30, 2020 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.
Boeing Posts Quarterly, Full-Year Loss on 737 Max January 29, 2020 Boeing Co. today reported a fourth-quarter loss and its first full-year loss since 1997 as the financial impact of the 737 Max crisis expanded.
BIG Kaiser Announces New Hires and Promotion of District Manager January 23, 2020 BIG Kaiser Precision Tooling Inc. has announced a promotion and multiple new hires that the company says will continue to bolster customer support and responsiveness in several key regions.
NSL Analytical Services Acquired by May River Capital January 17, 2020 NSL Analytical Services, an independent testing laboratory, said the company has been acquired by May River Capital, a Midwestern investment firm that says it builds businesses through partnership and collaboration.
Machine Tool Orders Slide in November January 13, 2020 The value of machine tool orders plunged in November as makers pared prices to cut inventory, according to a monthly report.
Manufacturing Loses 12,000 Jobs in December January 10, 2020 U.S. manufacturers cut 12,000 jobs in December, with job losses spread across industries.
