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.
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.
The Science of Diffusion Bonding or Joining together Dissimilar Metals January 3, 2022 Metal diffusion bonding is an essential joining method for achieving a high-purity interface when two similar metals require superior structural integrity. The process involves applying high temperature, and pressure to metals mated together in a hot press causes the atoms on solid metallic surfaces to intersperse and bond.
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.
Laser Pulse Shaping for Joining Dissimilar Materials July 23, 2021 Laser welding of dissimilar materials is a dynamic process and its time has arrived.
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.