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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.

January 2021 U.S. cutting tool consumption totaled $152.2 million, according to the U.S. Cutting Tool Institute and AMT – The Association for Manufacturing Technology.

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.

Marposs said its Artis CTM Tool and Process Monitoring System has played a role in a 2020 Henry Ford Technology Award (HFTA) winning program focused on Torque Monitoring of Gear Machining Processes.

Mno-Bmadsen has acquired Walerko Tool and Engineering Corp. through its manufacturing investment vehicle Mno-DREK.

Raym-Co Inc., located in Farmington, Conn., is a job shop with a 37,000 ft2 (3,065 m2) facility and approximately 60 CNC machines.