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U.S. Cutting Tool Orders Rise on Monthly Basis in February

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.

Deep Hole Drilling Demands Precise Coolant Control

Today’s deep hole drilling systems control coolant much the same as they would a machine’s spindle or axes. Careful management of coolant pressure, filtration, temperature and flow rate is key to optimizing deep hole drilling.

Methods Machine Tools to Acquire Koch Machine Tool

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 Acquires Jackson Die Cast

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.

Discovering the Keys to U.S. Manufacturing Recovery

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.