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GWS Tool Group has acquired Intrepid Tool Industries. Intrepid is the first add-on acquisition in 2020 for GWS.

Walter has reached an agreement to acquire the Melin Tool Co., a privately-owned, Cleveland-based company and manufacturer of solid-carbide and HSS end mills, drills and countersinks.

Tool coating is ubiquitous. The variations are dizzying. And, we’re at an inflection point in the technology in the U.S. So, whether you’re a tool user or a tool manufacturer, it’s a good time to dive into this topic.

Adaptive Milling. Dynamic Motion. hyperMILL. Profit Milling. VoluMill. Waveform machining. If you’re one of the lucky people who machines parts for a living, chances are about 50-50 that you’re using one of these or a comparable high-performance programming technology.

For machine shops in a competitive global marketplace, keeping spindles running and making product is the only way to stay in business. Still, adding a new piece of equipment, even with the promise of improving the efficiency of your existing ones, may be a difficult sell to management.

There’s growing evidence that some of the moldmaking business that fled the U.S. chasing cheaper sources offshore is returning. Moldmakers are not finding enough of a favorable cost differential to offset poor mold performance and the need for rework of faulty molds.

Move over dumb chucks and vacuous vises: The next generation of smart, communicative, and modular workholding solutions is on its way.

The money will go toward building new and beefing up existing sites in the U.S.

The President announced $60 million in capital investment from Enphase Energy Inc.

Mitsui Seiki, a prominent machine tool manufacturer, announces the appointment of Daniel Cleary as the new president of Mitsui Seiki USA, Inc.