ARCH Global Precision Acquires Siem Tool Co. July 10, 2019 ARCH Global Precision, Bloomfield Hills, Mich., a Jordan Company platform company focused on manufacturing cutting tools, machined components and medical implants and instruments, has acquired Siem Tool Co., Latrobe, Pa. Siem Tool is a manufacturer of custom solid-carbide drills, end mills, reamers, thread mills and form tools. Siem Tool will join ARCH’s Cutting Tools division.
Welding Automation Manufacturer Pemamek Oy Names Michael Bell Director of Sales for Pemamek LLC April 30, 2019 Finland-based global welding automation manufacturer Pemamek Oy named Michael Bell director of sales for its North American subsidiary Pemamek LLC. Pemamek provides welding automation technology and integrated manufacturing solutions to a wide range of industries including shipbuilding, heavy fabrication, oil and gas, wind energy, and boiler manufacturing.
Manufacturing with Momentum November 13, 2019 It doesn’t take long to see the changing face of manufacturing staples in Volusia County. Strategically located in the thriving central Florida marketplace east of Orlando along the I-4/I-95 highways, Volusia County has always been a good geographic location for manufacturers.
Automation Marches on at FABTECH November 25, 2019 FABTECH 2019, held Nov. 11-14 at McCormick Place in Chicago, featured multiple educational opportunities for attendees. A key feature of the FABTECH educational program, and one open free to all attendees, were the Leadership Exchange Panels.
Manufacturing Returns to Expansion in January February 3, 2020 Manufacturing returned to economic expansion in January, helped by gains in new orders and production, the Institute for Supply Management said today.
Caterpillar Profit Rises Despite Lower Revenue January 31, 2020 Caterpillar Inc. today reported higher fourth-quarter profit as expense controls made up for lower revenue. The Deerfield, Illinois-based maker of earthmoving machines and heavy equipment also warned of “continued global economic uncertainty” in 2020.
MFG 2020 to be Held April 1-5 in Fort Lauderdale February 20, 2020 The Association For Manufacturing Technology (AMT) has announced that The MFG Meeting will be held April 1-5, 2020 in Fort Lauderdale, Fla. at the Fort Lauderdale Marriott Harbor Beach Resort & Spa.
Marposs Announces new GEMDS System for Spindle Growth Monitoring February 26, 2020 The system provides real-time monitoring of spindle elongation on machine tools due to temperature changes or other causes of displacement.
GWS Tool Group Announces Acquires North American Tool Corp. February 7, 2020 GWS Tool Group announced it has acquired North American Tool Corp. (NATC). It is the second add-on acquisition in 2020 for GWS. Located in South Beloit, Illinois, North American Tool is a supplier of special taps, dies, and gages.
Manufacturing Loses 12,000 Jobs, Paced by Motor Vehicles February 7, 2020 U.S. manufacturers cut 12,000 jobs in January, led by a loss of jobs in the motor vehicles sector. Makers of vehicles and parts pared 10,600 jobs, according to the U.S. Bureau of Labor Statistics.
