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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.

Walter to Acquire GWS Tool Group

Walter has signed an agreement to acquire the U.S.-based GWS Tool Group, a manufacturer of solid carbide endmills and drills as well as HSS taps and PCD products.

A Ready to Deploy Platform for the Internet of Things

Sudhir Mehta, global vice president for digital transformation at Lexmark, headquartered in Lexington, Ky., discusses the company’s ready-made Optra IoT platform and its value to all types of manufacturers.

Digital Twins for the Machining Process

Digital twins are breathing life and innovation into increasingly more areas of manufacturing as well as solving challenges for machine shops of all sizes. With the skilled labor shortage and an ongoing effort to reshore high-tech manufacturing to the U.S., digital twins have a lot to offer.