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US Cutting Tool 2017 YTD Consumption up 7.1% in July

July US cutting tool consumption totaled $170.95 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 down 8.4 percent from June’s $186.57 million but up 16.0 percent when compared with the total of $147.43 million reported for July 2016.

Allied Machine & Engineering Launches New Training Department

Allied Machine & Engineering, a leading tooling manufacturer of complete holemaking solutions, has launched its new engineering training department, which provides hands on education programs for new employees, end users and distributors.

Northrop Grumman Lands $9.6-M Navy Torpedo Contract

The U.S. Navy has awarded Northrop Grumman Corporation (NYSE: NOC) a $9.6 million contract, with options up to $40.5 million, to produce the Transducer Array/Nose Shell Assembly of the MK 48 heavyweight torpedo.

Verisurf Software Partners With OpenX to Close Skills Gap

Verisurf Software has partnered with OpenX, an interactive learning platform, to provide comprehensive education courses to those looking to pursue a career in dimensional metrology or expand their skills in specific application areas.

FANUC, Plus One Form Alliance

FANUC America and Plus One Robotics said they have paired their technologies to meet the needs of their mutual customers in e-commerce.