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Methods Machine Tools has signed an agreement with an intent to acquire Koch Machine Tool, a machine tool dealer and Methods’ avenue into the Texas machining market since 2010. Methods anticipates a definitive agreement by January 1, 2022.

Pace Industries, a provider of custom die casting, engineering and manufacturing for many industries, has closed on the acquisition of aluminum high-pressure die casting facility Jackson Die Cast from Metal Technologies of Indiana.

Renishaw has entered into an agreement with Verisurf Software Inc., allowing companies in North America to access Verisurf coordinate measuring machine software from Renishaw.

The COVID-19 pandemic clearly proved challenging to the manufacturing industry in myriad ways. Now, as nations and industries begin to navigate their way forward as restrictions are lifted, manufacturers have an opportunity to put into practice some lessons learned.

When visiting some machine shops I hear PM, most commonly known as preventive maintenance, referred to as “postmortem,” as in, “We just run the machines until they die.”

Hanwha Aerospace USA has been recognized by Raytheon Technologies for excellence in quality, delivery and operational performance.

SME Media will present a webinar, “Implementation of the IoT for Machine Tool Monitoring and Maintenance,” as part of the IMTS Spark series on Thursday, March 11 from 10:00 AM to 11:00 AM Central Time.

Methods Machine Tools Inc. has moved its Chicago Technical Center from Elgin, Illinois to 70 Prairie Parkway in Gilberts, Illinois.

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. 

Carsten Liske was named Chief Executive Officer of CHIRON Group SE effective March 1, rounding out the senior management team at the machining centers and solutions specialist.