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Kennametal Announces Executive Leadership Changes

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.

Liebherr to Celebrate 50th Anniversary in the U.S.

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.

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.

Breakthroughs Expand Turning Tool Performance Envelope

Advances in turning insert technology that promise faster processing, longer tool life and reduced cycle time are always promoted with great fanfare by suppliers and welcomed by manufacturers looking for a competitive edge.

U.S. Cutting Tool Consumption Up 3.2 Percent for 2019 Through June

U.S. cutting tool consumption totaled $198.9 million according to the United States. 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 down 6.8 percent from May’s $213.4 million and down 6.3 percent when compared with the $212.4 million reported for June 2018.

Haimer Displays i4.0 Readiness for Consistent Setups

The keynote for Haimer USA’s May Open House at its headquarters in Villa Park, Illinois, was delivered by President Brendt Holden, who remarked that his company’s toolholding and related products are designed to provide consistent setup for their customers’ machining jobs.