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.
December 2020 US Cutting Tool Orders Up 4% from November 2020 February 17, 2021 December 2020 U.S. cutting tool consumption totaled $157.3 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
Methods Completes Acquisition of Koch January 4, 2022 Methods Machine Tools Inc. said it completed its acquisition of Texas-based Koch Machine Tool.
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.
Modular Building Unit Maker Boosts Productivity with Modular Workholding July 28, 2021 Zekelman Industries had a goal to deliver steel-framed, volumetric modular building units up to 50 percent faster, without cost overruns, built to 1/16” (1.59-mm) tolerance.
Ceratizit Hosts Online Cutting Tool Optimization Event July 1, 2021 An online “It’s Tool Time” event, eight months after Ceratizit’s first Tool Time show, focused on how manufacturers merge the use of Ceratizit cutting tools–from a portfolio of 65,000 products–with new technologies such as additive manufacturing.
April 2021 U.S. Cutting Tool Orders Up 26.3% from April 2020 June 11, 2021 April 2021 U.S. cutting tool consumption totaled $170 million. This total was down 4.3 percent from March's $177.6 million but up 26.3 percent when compared with the $134.6 million reported for April 2020.
CERATIZIT to Host Global Live Event: “It’s Tool Time!” June 14, 2021 CERATIZIT Group will host a global online event, “It’s Tool Time,” on Thursday, June 17 featuring experts who will focus on the value of process optimization through a variety of interactive machining demonstrations and presentations.