Machine Tool Orders Post Monthly Gain in October December 10, 2019 Machine tool orders posted a small gain in October, helped by a boost from machine shops and the auto industry, according to a monthly report.
Hang On Tight January 5, 2020 Smart chucks and zero-point locating systems, quick-change vises and modular workholding are good examples of advanced workholding systems, but you might be thinking, “Who needs it? Give me a 6" machinist’s vise, a three-jaw power chuck, some toe straps and a few T-nuts and I’ll make whatever parts you send my way.”
Ovako Launches Enhanced Digital Steel Navigator January 3, 2020 Ovako, a producer of clean steel, has made several enhancements to its online Steel Navigator. This digital tool is designed to help customers search for specific steel grades by group, quality, type of process, product and chemical composition.
Boeing Starts New Year With a New CEO Trying to Solve Big Problems January 3, 2020 Boeing Co. is looking for a new start with a new CEO trying to resolve big problems.
Seco Tools to Acquire QCT’s Division for Cutting Tools December 20, 2019 Seco Tools, a division of Sandvik Machining Solutions, has reached an agreement to acquire the cutting tools division of QUIMMCO CENTRO TECNOLÓGICO (QCT), a privately owned Mexican company offering integral machining solutions.
LIFT Receives $5 Million Department of Defense Grant To Expand “Operation Next” Across the Country November 12, 2019 LIFT – Lightweight Innovations For Tomorrow, announced today it received a $5 million grant to expand the program to nine additional military bases across the country over the next three years.
U.S. Cutting Tool Orders Up 0.2% In September 2019 YTD/YTD November 20, 2019 September 2019 U.S. cutting tool consumption totaled $195.9 million, according to the U.S. Cutting Tool Institute and The Association For Manufacturing Technology.
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.
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.