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GWS Tool Group has acquired Intrepid Tool Industries. Intrepid is the first add-on acquisition in 2020 for GWS.

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.

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

Augmented reality makes new robot startups easier and faster, the company says.

The final revenue quarter of 2023 was Universal Robots’ largest to date.

Case Study: Cobots help better serve customers and improve environment for workforce

A vast majority of manufacturers agree that robotic automation is the best solution to reduce costs, increase productivity, address labor shortages, and aid in recruitment and retention.

Automation options have never been more diverse. We’re here to help you navigate the choice between robots and cobots with the question: ‘Which Path to Automation is Right for You?’

Enhancements boost productivity and maximize capital equipment investments, the company says.

Navigating a human-centered, technology-driven framework for the future