Seco Tools Acquires Cutting Tool Division of QCT in Mexico June 2, 2020 Seco has completed the acquisition of the cutting tool division of Quimmco Centro Tecnológico (QCT), a subsidiary of the Quimmco Group. The cutting tool division acquired from QCT has three locations in Mexico to support customers and is a leading solid-carbide tooling manufacturer, specializing in custom products and reconditioning.
YG-1 Launches High-Feed Milling Series For Narrow and Long-Reach Apps June 10, 2020 YG-1 has launched the ENMX High-Feed Mill, a new high-feed milling series developed for mold and die, power generation and a variety of applications and materials in general machining markets.
March 2020 U.S. Cutting Tool Orders Up 1% from February May 18, 2020 March 2020 U.S. cutting tool consumption totaled $189.8 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
TDM Systems Releases TDM and TDM Global Line 2020 August 11, 2020 TDM Systems, a digitalization specialist and provider of tool data management systems for industry has announced the latest version of its TDM and TDM Global Line. The releases offers numerous enhanced developments as well as new modules that help users reduce their tooling costs and increase their efficiency, according to TDM Systems.
June 2020 U.S. Cutting Tool Orders Up 10.1% from May 2020 August 13, 2020 June 2020 U.S. cutting tool consumption totaled $150.6 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
Horn USA Plans for Future Growth with New Facility August 6, 2020 Horn USA Inc. is moving to a new facility in Franklin, Tenn. during the third quarter of 2020. The new headquarters for North American operations is approximately 110,000 square feet (10,220 square meters) and is located 0.5 miles (0.8 km) from the company’s current location.
YG-1 Launches DREAM DRILLS PRO Cutting Tools For Higher Performance, Speeds In Steel, Cast Iron August 26, 2020 YG-1 has added to its DREAM DRILLS lineup with the new DREAM DRILLS PRO line, which is optimized for machining in steel and cast iron, according to a company statement.
May 2020 U.S. Cutting Tool Orders Down 4.4% from April 2020 July 21, 2020 May 2020 U.S. cutting tool consumption totaled $136.6 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
Measure Carbide Tools and Metal Blanks July 14, 2020 Marposs announces Aeroel MECLAB.T40 bench-top laser measurement system for measuring tools and blanks.
Bystronic Announces First U.S.-Assembled BySmart Fiber Laser Cutter May 8, 2020 Bystronic announced the assembly of the first laser cutting machine at its new facility in Hoffman Estates. The company says it is providing locally assembled machinery to reduce overall lead time, installation time, and import costs.
