New Sandvik Coromant Center to Open in the Heartland of Manufacturing Innovation and Technology November 4, 2019 Fair Lawn, NJ. Sean Holt, head of Sales Area Americas for Sandvik Coromant, announced a new Sandvik Coromant Center will open in Mebane, NC, a geography heavy with aerospace and automotive manufacturing and a strong culture of innovation.
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.
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.
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.
50 Years Strong: Paul Horn GmbH Honors Past, Looks to Future at 2019 Technology Days November 8, 2019 Horn Technology Days, hosted by Paul Horn GmbH every two years, is a celebration of manufacturing and what is possible with modern cutting tool technology. This year’s event coincided with the company's 50 year anniversary and featured three days of technical sessions, factory tours and practical demonstrations of the company’s manufacturing products.
Tsugami/Rem Sales Continues to Support Wounded Warrior Project November 12, 2019 Tsugami/Rem Sales, the exclusive North American importer of Precision Tsugami machine tools, announced today that it is committed to support our nation’s wounded warriors through Wounded Warrior Project® (WWP) and the nonprofit’s free programs and services.