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GWS Tool Group Announces Acquires North American Tool Corp.

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

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.

SyncFab, NTMA Set to Boost Supply Chain on Blockchain

SyncFab will give more than 1,300 National Tooling and Machining Association (NTMA) members access to its advanced manufacturing blockchain platform, the company said today. As the national representative of the precision custom manufacturing industry, NTMA members generate more than $30 billion in sales combined.

Aerospace Machining Solves Challenges Big and Small

Aerospace machining encompasses machines small and large. These range from the Tornos SwissNano to the Makino MAG3, as Rich Sullivan put it. He is the OEM manager for Iscar Metals Inc., Arlington, Texas.

DoD Set to Award $10 Million to DMDII

The U.S. Department of Defense (DoD) is set to award $10 million in funding this year to the Digital Manufacturing and Design Innovation Institute (DMDII) here, UI Labs CEO Caralynn Nowinski Collens, said this morning. UI Labs is DMDII’s parent organization.

Fueled by Defense Funding, DMDII to Become MxD

The Digital Manufacturing and Design Innovation Institute (DMDII) will be renamed MxD and will stand as an independent organization from UI LABS, now that it has achieved strong momentum and robust fiscal health, the organization said today.

ROLLING INTO ASIA: Two German Firms’ Timely Moves

To date, GBneuhaus has only produced its nanotech-enabled coatings in Neuhaus am Rennweg, a small village in the state of Thuringia. But that’s about to change: The 28-year-old firm in June founded a company in Pune, India, and will soon begin producing its antimicrobial coating there.