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Methods Announces Mark Wright as President & CEO

Methods Machine Tools Inc., a supplier of precision machine tools and automation, announced that its Board of Directors has appointed Mark Wright as its President and Chief Executive Officer effective September 13, 2019. Wright will assume all operating functions of Methods Machine Tools Inc., including the Sudbury headquarters and all seven direct offices throughout the United States as well as its national distribution network.

U.S.: The Once and Future Manufacturing Leader

The U.S. has not been competitive, so companies sourced offshore to meet consumer and industrial demand for low-priced goods. Fortunately, however, a positive localization trend since 2010 indicates an increasing rate of reshoring by U.S. companies and foreign direct investment by foreign companies.

New Tech Offers Improved Drilling Productivity for Steel, Cast Iron

Holemaking in steel and cast iron up to one inch in diameter is one of the most widely used metalworking processes. What is driving drilling and tapping performance are advances in substrate, coatings, three-flute designs, and combination tools. Just as important are advances in coolant delivery, using different size holes and shapes to facilitate chip evacuation.