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.
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
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.
Blaser Swisslube Raises Funds for National Robotics League October 21, 2019 From November 1 to December 31, 2019, Blaser will donate $500 to the National Robotics League (NRL) on behalf of each National Tooling and Machining Association (NTMA) member company placing their first order for one or more drums of Blaser metalworking fluids.
Bystronic Introduces ByStar Fiber Laser Cutting Machine with 12kW of Fiber Power May 3, 2019 With the new ByStar Fiber 12kW, high speeds and a large spectrum of applications are possible. The ByStar Fiber from Bystronic is being enhanced with a 12kW Fiber laser and a newly designed cutting head which enables the “BeamShaper” option, enabling consistent cutting quality on varied material qualities up to 1.125 inches.
GF Machining Solutions to Debut Four New Products at 2019 Solutions Days May 15, 2019 GF Machining Solutions will unveil four new products for the first time in North America at its 2019 GF Solutions Days: the AgieCharmilles CUT C 350; the Microlution ML-10 and MLTC; and the DMP Flex 350.
BIG Kaiser Presents Fourth Annual Donation to National Robotics League February 24, 2020 Customers and partners of BIG Kaiser Precision Tooling teamed up to generate a $7,283 donation to benefit the National Robotics League (NRL). The amount is nearly 10 percent more than last year and the fourth year-over-year increase in NRL funding from BIG Kaiser.
Laser Scanners Demand Attention as Technology Improves October 7, 2019 Metrology-grade laser scanners are expanding their range of applications. New users are finding the main attractions of laser scanners—speed and ease of use. What prevented more widespread use in the past were laser scanners’ perceived tradeoffs. Using one usually meant sacrificing accuracy or working with noisy data.
Go Off the Charts for Toolholder Torque Settings October 10, 2019 For years, collet-type toolholder assembly and setup have relied on cumbersome, error-prone manual methods that waste time and money.
New Technology Powers Performance at U.S. Mold Shops June 26, 2019 There’s growing evidence that some of the moldmaking business that fled the U.S. chasing cheaper sources offshore is returning. Moldmakers are not finding enough of a favorable cost differential to offset poor mold performance and the need for rework of faulty molds.