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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.

Includes new functions for efficient electrical and automation design of industrial equipment

Ford Motor Co. today reported a second-quarter profit with the automaker’s finance unit making up for losses in its vehicle operations.

Industry 4.0 initiatives need to consider safety as well as other functions

Zekelman Industries had a goal to deliver steel-framed, volumetric modular building units up to 50 percent faster, without cost overruns, built to 1/16” (1.59-mm) tolerance.

FABTECH will be the first large-scale manufacturing trade show to return to McCormick Place in Chicago, September 13-16. The announcement comes as the state of Illinois moves into its final reopening phase.

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.

Recruiting, training and retaining manufacturing workers is a constant challenge. The skills gap is real and growing, but the manufacturing industry has several tools to deal with this challenge.

April 2021 U.S. cutting tool consumption totaled $170 million. This total was down 4.3 percent from March's $177.6 million but up 26.3 percent when compared with the $134.6 million reported for April 2020.

CERATIZIT Group will host a global online event, “It’s Tool Time,” on Thursday, June 17 featuring experts who will focus on the value of process optimization through a variety of interactive machining demonstrations and presentations.