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Acquisition to Position PTC as CAD and PLM Industry Transitions to Software-as-a-Service (SaaS)

Smart chucks and zero-point locating systems, quick-change vises and modular workholding are good examples of advanced workholding systems, but you might be thinking, “Who needs it? Give me a 6" machinist’s vise, a three-jaw power chuck, some toe straps and a few T-nuts and I’ll make whatever parts you send my way.”

Seco Tools, a division of Sandvik Machining Solutions, has reached an agreement to acquire the cutting tools division of QUIMMCO CENTRO TECNOLÓGICO (QCT), a privately owned Mexican company offering integral machining solutions.

As part of an ongoing effort to make processes and products more environmentally friendly, BIG Kaiser Precision Tooling Inc. is making modifications to its production materials and packaging.

LIFT – Lightweight Innovations For Tomorrow, announced today it received a $5 million grant to expand the program to nine additional military bases across the country over the next three years.

As parts and materials have advanced, tools and methods that were once standard have been replaced by better, more advanced technologies. It is important to recognize the advancements essential to your operation.

As I walked the floor this spring at North America’s largest trade show for automation technologies, Industry 4.0 was on everybody’s lips. One of the more complex of our industrial revolutions, Industry 4.0 has been about the Internet of Things: digitizing and connecting things.

With an influx of investment in digital factories, the playing field is changing and the ROI for digitizing production is becoming ever more apparent. However, restraints, such as company size and a disconnect between IT and OT, means the road to a successful digital transformation is one very few will be able to do alone.

For years, companies have struggled to understand how additive manufacturing (AM) can add value to their businesses. This makes sense because for a long time, additive tech didn’t meet the threshold for producing industrial-grade parts.

Charlie Novak Jr. has joined Arch Cutting Tools as Arch Specials Business Development and Coordinator. He will be located at Arch-Mentor, Mentor, Ohio, and report to Brent Sheerer, with a dotted line to Jeff Cederstrom.