U.S. Cutting Tool Orders Rise on Monthly Basis in February May 5, 2021 February 2021 U.S. cutting tool consumption totaled $149.5 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 3.3 percent from January's $144.8 million and down 17.1 percent when compared with the $180.3 million reported for February 2020.
Customer Testimonial: Global-Tek Manufacturing March 5, 2021 Setting up a new machine shop is challenging. Successful owners conduct rigorous research, meticulously inspect every detail, and carefully evaluate every option. So when Kevin Curtis began the search to equip his new venture in 2009, he did his homework.
Mitsubishi and Absolute Jointly Design the LoadMate Robotic Cell February 16, 2021 The LoadMate Plus Robotic Cell From Mitsubishi Electric Streamlines Part Loading, Unloading, and Palletizing in Low-To-High Volume Applications
Robotics, Automation Could Support Sustainable Development December 22, 2021 Advanced technology can be used to create sustainable solutions and tackle world poverty.
Methods Completes Acquisition of Koch January 4, 2022 Methods Machine Tools Inc. said it completed its acquisition of Texas-based Koch Machine Tool.
CT Scanning Vital for Airworthy Parts October 25, 2021 Industrial computed tomography is a cost-effective, reliable way to meet intensifying requirements for qualifying both the design of aerospace parts and the materials needed for their construction.
New Guide to Automate Existing Machine Tools Available from Fastems October 6, 2021 Fastems has published “The CNC Automation Guide for Existing Machine Tools” to help manufacturers through a transition into using FMS.
Innovative Thread Milling October 27, 2021 Materials that require threads to be milled rather than tapped are usually very complex alloys created for components or parts designed for long-term use.
Fast Radius to List on NASDAQ Through Business Combination with ECP Environmental Growth Opportunities Corp. July 22, 2021 Fast Radius Inc., a cloud manufacturing and digital supply chain company, and ECP Environmental Growth Opportunities Corp. have entered into a definitive agreement that will result in Fast Radius becoming a publicly-listed company.
Sandvik to Acquire Chinese Round Tools Maker August 4, 2021 Sandvik has signed an agreement to acquire 67 percent of Chuzhou Yongpu Carbide Tools Co., Ltd, a China-based maker of solid round tools, with a call option to buy the remaining part in three years.
