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
US Cutting Tool 2017 YTD Consumption up 7.1% in July September 14, 2017 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 August 6, 2017 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.
Doosan Machine Partners with 5ME Cryogenics Machining July 17, 2017 5ME (Warren, MI) and Doosan Machine Tools America (DMTA: Pine Brook, NJ) have joined forces to showcase the advantages of cryogenic machining.
FCA, Toyota, Faurecia, AP&T Win Lightweighting Awards July 31, 2017 Altair and the Center for Automotive Research (CAR) have announced the winners of the 5th annual Altair Enlighten Award, which strives to promote and celebrate innovation in automotive lightweighting.
Machine Tool Orders Rise in May, AMT Says July 10, 2017 Machine tool orders rose in May as the industry recovers from a two-year slump, the Association for Manufacturing Technology (McLean, VA) said in a monthly report.
R&D Aids Aluminum Use June 12, 2017 For global automakers, removing weight from their vehicles remains the top priority as they seek ways to meet a stringent federal fuel economy mandate by 2025 and other new pollution-control regulations.
Carbodeon Develops Nickel-PTFE-Nanodiamond Coatings June 30, 2017 Nanodiamond material specialist Carbodeon of Finland has worked with metal finishing specialist CCT Plating of Germany, to develop a new electroless nickel, PTFE and nanodiamond composite coating.
Oerlikon Agrees to Acquire Scoperta May 3, 2017 Oerlikon announced today that it has signed an agreement to acquire Scoperta Inc., an innovative solution provider in advanced materials development, based in California, USA.
