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.
Long-Lasting Taps Deliver 400 Hard Holes, 50 Percent Savings for Equipment Manufacturer March 30, 2021 Recycling equipment manufacturer Harris Equipment Co., Cordele, Ga., saved 50 percent per job tapping Hardox 450 steel wear plates by switching to taps from Emuge Corp., West Boylston, Mass.
Impossible Objects, Ricoh 3D to Produce Parts for European Customers March 30, 2021 A new partnership between Impossible Objects and Ricoh 3D will make strong and lightweight printed composite parts available to Ricoh 3D’s customers in Europe for the first time.
January 2021 US Cutting Tool Orders Down 3.2% from December 2020 March 23, 2021 January 2021 U.S. cutting tool consumption totaled $152.2 million, according to the U.S. Cutting Tool Institute and AMT – The Association for Manufacturing Technology.
Okuma Welcomes BIG Kaiser to Partners in THINC Network March 11, 2021 The management team of Okuma America Corp. has announced that BIG Kaiser Precision Tooling Inc., Hoffman Estates, Illinois, recently joined the Partners in THINC network.
Turkish tool maker Turcar wins both categories at ANCA’s 4th Tool of Year competition October 14, 2021 Turcar dominated the field of ANCA’s 4th Made on ANCA competition by winning Tool of the Year and Virtual Tool of the Years honors.
