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MC Machinery Systems has named Craig Barbeck to the MC Machinery team as a Regional Sales Representative for the Northern Ohio Territory. Barbeck will support the sales team with a focus on laser and press brake products.

All shops want to be more productive and reduce downtime. For some, this means an investment in a high-end CNC machine tool. Others give quick-change toolholders a try, or pursue an IIoT (Industrial Internet of Things) machining strategy.

For as long as people have been machining parts, they’ve been devising ever-more ingenious ways to grip them.

Originally marketed for their proficiency in heavy metal removal applications while delivering longer tool life and multi-point efficiency, turning inserts have grown more sophisticated in response to advances in materials, machines, methods, and even social factors.

BIG Kaiser Precision Tooling has promoted Jack Burley to President/Chief Operating Officer, effective January 1, 2021. Chris Kaiser, BIG Kaiser President and CEO for 30 years, will take on the role of Executive Advisor.

November 2020 U.S. cutting tool consumption totaled $151.3 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.

The new i-ONE system of exchangeable micrograin carbide drill inserts and premium tool steel holders with coolant channels is based on coating advances and optimized designs for higher tool life and changeover speed, according to tool manufacturer YG-1.

GWS Tool Group has acquired Taurus Tool & Engineering. Taurus, based in Batavia, Illinois. It is the first acquisition in 2021 for GWS Tool Group, following three previous acquisitions in 2020.

Cascadia Capital said it is launching one of the nation’s first emerging growth investment banking practice groups dedicated to Robotics, Automation, and Artificial Intelligence (RAAI).

New replaceable drill tip saves tooling costs and eliminates process steps