Tough Slotting Solution Was Just the Beginning of Savings for Replaceable Tip Cutting Tool February 5, 2018 At Flexco Inc. (Downers Grove, IL), finding a solution to speed up slot-milling with Chip-Surfer replaceable tip solid-carbide cutting tool from Ingersoll Cutting Tools (Rockford, IL) has led to benefits in a host of other operations as well. Flexco, a manufacturer of belt conveyor components, estimates that retooling with Chip-Surfer replaceable solid-carbide tip cutting tools has saved about $200,000 a year overall on slotting operations and the company expects to save as much again on mill-turn operations.
Sunnen Products Company acquires BTA Heller February 2, 2018 Sunnen Products Company has acquired BTA Heller Incorporated, a US-based manufacturer of deep hole tooling and systems for primary hole generation. This move aims to expand Sunnen’s honing expertise to include tooling for initial hole creation and other complementary bore sizing and finishing processes.
Cutting Tool Manufacturer Ceratizit Acquires Komet Group October 16, 2017 The Ceratizit Group (Mamer, Luxembourg) acquired the Komet Group (Besigheim, Germany) on Oct. 12, 2017. The transaction is still subject to the approval of antitrust authorities.
A 3D Printing Startup Grows Up October 30, 2017 Fabrisonic, Now 6 Years Old, Moves to Develop New Processes, Materials
US Cutting Tool 2017 YTD Consumption up 7.1% in July September 14, 2017 July US cutting tool consumption totaled $170.95 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 (CTMR) collaboration, was down 8.4 percent from June’s $186.57 million but up 16.0 percent when compared with the total of $147.43 million reported for July 2016.
Allied Machine & Engineering Launches New Training Department August 6, 2017 Allied Machine & Engineering, a leading tooling manufacturer of complete holemaking solutions, has launched its new engineering training department, which provides hands on education programs for new employees, end users and distributors.
Doosan Machine Partners with 5ME Cryogenics Machining July 17, 2017 5ME (Warren, MI) and Doosan Machine Tools America (DMTA: Pine Brook, NJ) have joined forces to showcase the advantages of cryogenic machining.
