Mazak Acquires MegaStir December 3, 2018 Mazak Corporation has announced its acquisition of MegaStir, a supplier of friction stir welding (FSW) tools and technology located in Provo, Utah.
U.S. Cutting Tool Consumption Up 10.1% in 2018, Tracks Economy’s Strength July 12, 2018 May U.S. cutting tool consumption totaled $215.13 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT—The Association For Manufacturing Technology.
Applications Expand for Versatile Thread Milling March 1, 2018 Thread milling, a fundamental metalworking process to create threads, is often the operation of choice when working with difficult-to-machine materials, such as titanium, tool steels, stainless steels, hardened steels and other superalloys.
Tough Slotting Solution Was Just the Beginning of Savings for Replaceable Tip Cutting Tool February 5, 2018 At Flexco Inc. (Downers Grove, IL), finding a solution to speed up slot-milling with Chip-Surfer replaceable tip solid-carbide cutting tool from Ingersoll Cutting Tools (Rockford, IL) has led to benefits in a host of other operations as well. Flexco, a manufacturer of belt conveyor components, estimates that retooling with Chip-Surfer replaceable solid-carbide tip cutting tools has saved about $200,000 a year overall on slotting operations and the company expects to save as much again on mill-turn operations.
Sunnen Products Company acquires BTA Heller February 2, 2018 Sunnen Products Company has acquired BTA Heller Incorporated, a US-based manufacturer of deep hole tooling and systems for primary hole generation. This move aims to expand Sunnen’s honing expertise to include tooling for initial hole creation and other complementary bore sizing and finishing processes.
US Cutting Tool 2017 YTD Consumption up 7.1% in July September 14, 2017 July US cutting tool consumption totaled $170.95 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 (CTMR) collaboration, was down 8.4 percent from June’s $186.57 million but up 16.0 percent when compared with the total of $147.43 million reported for July 2016.
US Cutting Tool 2017 YTD Consumption up 8.0 % in October December 13, 2017 October US cutting tool consumption totaled $198.00 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 (CTMR) collaboration, was up 13.2 percent from September’s $174.92 million and up 17.2% when compared with the $169.00 million reported for October 2016. With a year-to-date total of $1.835 billion, 2017 is up 8.0% when compared with 2016.
October 2020 U.S. Cutting Tool Orders Up 7.6% from September 2020 December 18, 2020 October 2020 U.S. cutting tool consumption totaled $167.9 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
SCHUNK Launches Bio-Inspired Adhesion Mechanisms November 11, 2020 With the help of adhesive forces, geckos have been moving easily over smooth surfaces for millions of years. SCHUNK is using this principle to develop various fields of handling applications with ADHESO, its new gripping technology.
Greenleaf Introduces Line of Quick-Change Toolholders November 13, 2020 Greenleaf Corporation has announced the launch of its line of quick-change toolholders, or ISO-standard toolholders with quick-change shanks.
