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In a world where machine shops are struggling to stay open and maintain their business and in a day when “going into dad’s business” is not what it once was, Platinum Tooling is an exception to the rule.

SMW Autoblok Group, a provider of industrial workholding solutions, has acquired Tecnomagnete, the world’s leading manufacturer of permanent electromagnetic clamping and lifting systems.

Greenleaf Corporation introduced its carbide insert grade G-9610 for higher material removal rate and longer tool life.

While fossil fuels dominate the energy market, expect a new mix of parts as renewable energy and EVs grow in market share.

Manufacturers are looking to boost use of automation, according to a report by Ericsson released today. However, the report cautioned that may be easier said than done.

Automakers will need more flexible manufacturing with the shift to electric vehicles, plug-in hybrids and other powertrains, automation company ABB said today in a presentation.

ABB Robotics expands manufacturing and training capabilities at Auburn Hills, Mich., facility.

Tacoma, Washington-based Tool Gauge manufactures precision metal and plastic components and assemblies for the aerospace industry.

Mazak Optonics has confirmed expansion plans for its North American headquarters in Illinois.

Supply chains are creating cybersecurity risks for companies, according to a security services firm report.