General Carbide Acquires Automotive Tooling Supplier, Only Tool January 23, 2018 General Carbide Corp. (Greensburg, PA) has purchased automotive tooling supplier Only Tool (Ypsilanti, MI). Only Tool has developed its expertise in cold-form tool manufacturing under the leadership of co-owners Ray Fender and Mick Ruffolo, who, under terms of the agreement, will continue to operate the business.
Medical Parts Maker Ups Efficiency, Capacity of EDM Machining January 4, 2018 With each new contract and change order to increase part volume and improve delivery, Johnson Matthey Medical Components expanded capacity and capabilities in the same way—by purchasing more equipment. The San Diego, CA-based company would invest in another EDM to meet growing demand for orthopedic, endoscopic, cardiology and neurological medical devices, which is at an all-time high. The tactic was effective, but costly.
Cutting Tool Manufacturer Fills Machinist Skills Gap in its Community January 4, 2018 Rapid growth has spurred a cutting tool manufacturer to reach out to its community to grow the pool of young people available to join its workforce. You don’t have to look farther than the lobby of Midwest Industrial Grinding Inc. (MITGI) to find evidence of its commitment to workforce development for its own benefit as well as that of its Hutchinson, MN, manufacturing community.
Machine Tool Orders Post Mixed Results in November January 15, 2018 Machine tool orders posted mixed results in November, slipping a bit on a monthly basis while recording a solid gain compared with a year earlier, according to a monthly report by the Association for Manufacturing Technology (McLean, VA).
SPONSORED BY 3M: Five Common Reasons Manufacturers are Bonding with Industrial Tapes December 5, 2017 Manufacturers are always looking for ways to keep ahead of the competition. And with advancements in bonding technologies, they’ve been able to explore new ways in doing just that. Industrial-grade, double-sided acrylic foam tapes such as 3M™ VHB™ Tapes are increasingly being used in place of more traditional mechanical fasteners such as screws, rivets, bolts, and welds—in order to permanently bond components together.
US Cutting Tool 2017 YTD Consumption up 8.0 % in October December 13, 2017 October US cutting tool consumption totaled $198.00 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 up 13.2 percent from September’s $174.92 million and up 17.2% when compared with the $169.00 million reported for October 2016. With a year-to-date total of $1.835 billion, 2017 is up 8.0% when compared with 2016.
SPONSORED BY 3M: No Mechanical Fasteners, Bolts, or Rivets—Just Tape: 3M VHB Tape-Assembled Scooter Showcases Applications for Bolt-, Rivet-Free Designs November 1, 2017 Would you roll down the driveway on a scooter without bolts, rivets, or mechanical fasteners of any kind? 3M scientists Michael Leighton and Brent Bystrom would. And they did.
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
United Grinding North America Inc. Opens Its New HQ Facility October 30, 2017 United Grinding North America Inc. will officially open the doors of its new 110,000-sq.ft. headquarters in Miamisburg, (OH) on Nov. 3. The new ultramodern facility brings together under one roof the company’s cylindrical, surface, and profile grinding business units as well as its automation and rebuilding departments with the staff from its tool and cutter grinding machines and measurement systems sectors which were formerly located in Fredericksburg, (VA).
