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February US cutting tool consumption totaled $190.12 million according to the US Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.

Celebrating its 80th year, Kennametal, the Latrobe, (PA), tooling manufacturer, says it has solved the age-long problem of tool stability when drilling in deep cavities, alongside tall shoulders, and past bulky fixtures. Reaching deep inside a workpiece to drill holes can be challenging.

K&G Manufacturing (Faribault, MN) has learned a thing or two about precision machining in the 80 years it has been in business. One lesson the company learned long ago is that balanced toolholders are a key to customer satisfaction and achieving the best possible machining results.

Haas Automation Inc. (Oxnard, CA) reported that its annual sales in 2017 exceeded 13,500 units for the first time in company history—an increase of nearly 30% over 2016. “It was an incredible year,” said Scott Gasich, vice president of sales & marketing."

Fives Machining Systems, Inc., a global machine tool and complete manufacturing solutions provider, has acquired Konecranes Machine Tool Service division.

Although toolholders are known to be critical components in the precision machining process, the unique details that differentiate a standard toolholder from one that is designed for more precise, high speed work can be subtle.

DMG Mori USA announced the appointment of James V. Nudo as the new president of the company as of Dec. 7, 2017. Nudo has been with DMG Mori USA for more than 14 years and has served as executive officer of DMG Mori USA and executive officer of the International Legal Department and International Human Resources Department for DMG Mori CO. Ltd.

Waterjet technology, cutting materials with a jet of water, is proceeding down two parallel paths. The first involves more advanced machines, operating with more sophisticated software finding the right mix of pressure and speed, producing parts faster.

Lasers — well-established tools in the manufacture of medical devices—are continuing to break ground by producing smaller, more precise and more functional parts thanks to faster pulse speeds at lower cost, new applications and the marriage of laser processing to Swiss-style machining.

In the last seven to eight years, solid-state lasers have come to dominate laser welding and cutting,” said Tom Bailey, product specialist for Trumpf Inc. (Farmington, CT). While Trumpf still produces CO2 lasers, for most applications solid-state lasers literally outshine them.