U.S. Cutting Tool Orders Up 10.2% In October from September December 17, 2019 October 2019 U.S. cutting tool consumption totaled $216.1 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 collaboration, was up 10.2 percent from September's $196 million
GWS Tool Group Acquires Intrepid Tool Industries January 8, 2020 GWS Tool Group has acquired Intrepid Tool Industries. Intrepid is the first add-on acquisition in 2020 for GWS.
Walter Acquires Melin Tool Co. January 3, 2020 Walter has reached an agreement to acquire the Melin Tool Co., a privately-owned, Cleveland-based company and manufacturer of solid-carbide and HSS end mills, drills and countersinks.
ShopBot Tools Launches Virtual Workshop for CNC May 13, 2020 ShopBot Tools, a manufacturer of CNC routers, has launched a “virtual workshop” for ShopBot customers and CNC users. While individuals, businesses, and educational institutions work to adapt to the changing environment surrounding the COVID-19 pandemic, ShopBot is providing virtual tools to make CNC accessible to small and mid-sized manufacturers, including education, training, information, support.
Vollmer of America Slates Open House for October March 27, 2020 Vollmer of America has announced an Open House Celebration for its new facility in Findlay Township, Pa., scheduled for Oct. 22-23. Vollmer broke ground on May 11, 2019 at the new site, near Pittsburgh International Airport.
Advanced Lasers Meet Diverse Needs of Tooling Group February 5, 2020 Advanced laser technology has been instrumental in making the four affiliated companies of the Diversified Tooling Group, Madison Heights, Mich., into a leading supplier of single-source manufacturing solutions to the automotive, heavy truck, defense, industrial equipment, power generation, rail and foundry industries.
Norton Introduces New FAB Buffing Wheels February 6, 2020 Saint-Gobain Abrasives announced the introduction of its new Norton FAB (Fixed Abrasive Buff) buffing wheels that virtually eliminate the need to use buffing compounds.
GWS Tool Group Announces Acquires North American Tool Corp. February 7, 2020 GWS Tool Group announced it has acquired North American Tool Corp. (NATC). It is the second add-on acquisition in 2020 for GWS. Located in South Beloit, Illinois, North American Tool is a supplier of special taps, dies, and gages.
Purchasing Cutting Tools in the Digital Age November 27, 2019 You don’t have to spend too much time looking to be overwhelmed with useful information from distributors and cutting tool manufacturers about solutions that yield lowest cost per part, per hole, or per tool.
Sizing Up Deburring Operations December 3, 2019 It’s a sad fact of practically all metal removal operations that, no matter how sharp the tool or free-machining the material, there are going to be burrs, hanging chads, ragged corners, and other edge quality issues that must be dealt with before calling the workpiece complete.
