PRAB Introduces Auto-Take Up September 3, 2021 PRAB Inc. is introducing the Auto-Take Up System, a conveyor enhancement that automatically tightens belts and eliminates the need for manual adjustments.
Hardinge Acquires Ohio Tool Works September 1, 2021 Hardinge Inc. has acquired Ohio Tool Works, LLC. Hardinge said the deal will enhance its machine tool and workholding portfolio.
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.
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.
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.
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.
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.
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.
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.
