Sandvik to Acquire Chinese Round Tools Maker August 4, 2021 Sandvik has signed an agreement to acquire 67 percent of Chuzhou Yongpu Carbide Tools Co., Ltd, a China-based maker of solid round tools, with a call option to buy the remaining part in three years.
Siemens Extends Xcelerator Portfolio July 29, 2021 Includes new functions for efficient electrical and automation design of industrial equipment
Ceratizit Hosts Online Cutting Tool Optimization Event July 1, 2021 An online “It’s Tool Time” event, eight months after Ceratizit’s first Tool Time show, focused on how manufacturers merge the use of Ceratizit cutting tools–from a portfolio of 65,000 products–with new technologies such as additive manufacturing.
SMW-Electronics Breaks Ground on New Facility June 23, 2021 SMW-Electronics, a unit of SMW-Autoblok, has broken ground on a new 11,000 ft2 two-story facility in Meckenbeuren, Germany.
Absolute Machine Tools Earns Diamond Partner Status from Mitsubishi Electric Automation June 24, 2021 Absolute Machine Tools has earned the title of Diamond Partner Systems Integrator from Mitsubishi Electric Automation Inc. The partnership is expected to expand opportunities in robotics and automation for 0020both companies.
Sandvik to Acquire CAM Software Company Cambrio July 6, 2021 Sandvik AB has agreed with Battery Ventures to acquire U.S.-based Cambrio, which has a portfolio in CAD/CAM software for manufacturing industries.
Cobots: Start Simple, Then Add Complexity August 17, 2021 Cobots are an ideal, entry-level robotic device for smaller shops to begin using automation.
What Can Be Automated Next in Your FMS? August 27, 2021 How flexible manufacturing systems (FMS) can be extended to do more.
Post-Processing Accuracy for Swiss G-Code May 17, 2021 Too much inaccuracy in G-code post processing for Swiss-style machines is hurting manufacturers.
U.S. Cutting Tool Orders Rise on Monthly Basis in February May 5, 2021 February 2021 U.S. cutting tool consumption totaled $149.5 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 3.3 percent from January's $144.8 million and down 17.1 percent when compared with the $180.3 million reported for February 2020.
