Purchasing Cutting Tools in the Digital Age November 27, 2019 You don’t have to spend too much time looking to be overwhelmed with useful information from distributors and cutting tool manufacturers about solutions that yield lowest cost per part, per hole, or per tool.
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.
Kyal Machine Tools Represents Mitsui Seiki in UK and Ireland February 12, 2020 Mitsui Seiki USA Inc., Franklin Lakes, N.J., has announced the appointment of Kyal Machine Tools Ltd. as its exclusive representative for machine tool sales and service in the United Kingdom and the Republic of Ireland.
Walter Acquires Melin Tool Co. January 3, 2020 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.
U.S. Cutting Tool Orders Up 10.2% In October from September December 17, 2019 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
SMW Autoblok Introduces New Production Unit and Special Solutions Catalog April 13, 2021 SMW Autoblok has opened a new design and manufacturing production unit located in Petacciato, Italy.
RAD Torque Releases B-RAD BL S Torque Wrench April 13, 2021 RAD Torque Systems has launched what it calls its most advanced battery tool, the B-RAD BL S. The new torque wrench is an addition to the battery-operated series known as the B-RAD.
Investment Banking Practice Aimed at Robotics, Automation, AI Launched October 15, 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).
Today’s Solid-Carbide Tools Are Top Producers September 25, 2020 Solid-carbide round tools have seemingly been around forever; before them, high-speed steel (HSS) tools ruled the roost, and after them a growing selection of alternative processes like indexables, EDM, waterjet and now additive manufacturing emerged as competition.
