U.S. Cutting Tool Orders Rise on Monthly Basis in February May 5, 2021 February 2021 U.S. cutting tool consumption totaled $149.5 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 collaboration, was up 3.3 percent from January's $144.8 million and down 17.1 percent when compared with the $180.3 million reported for February 2020.
Hanwha Aerospace USA Wins Supplier Gold Recognition from Raytheon Technologies March 17, 2021 Hanwha Aerospace USA has been recognized by Raytheon Technologies for excellence in quality, delivery and operational performance.
SME Smart Shop Webinar Targets Using Operating Data for Machine Tool Monitoring and Maintenance March 9, 2021 SME Media will present a webinar, “Implementation of the IoT for Machine Tool Monitoring and Maintenance,” as part of the IMTS Spark series on Thursday, March 11 from 10:00 AM to 11:00 AM Central Time.
Methods Machine Tools Moves Chicago Technical Center from Elgin to Gilberts March 9, 2021 Methods Machine Tools Inc. has moved its Chicago Technical Center from Elgin, Illinois to 70 Prairie Parkway in Gilberts, Illinois.
Okuma Welcomes BIG Kaiser to Partners in THINC Network March 11, 2021 The management team of Okuma America Corp. has announced that BIG Kaiser Precision Tooling Inc., Hoffman Estates, Illinois, recently joined the Partners in THINC network.
CHIRON Group Announces New CEO March 15, 2021 Carsten Liske was named Chief Executive Officer of CHIRON Group SE effective March 1, rounding out the senior management team at the machining centers and solutions specialist.
New Spindle Technology Converts Machine Tools into High-Speed Machining Centers April 6, 2021 WTO USA, Charlotte, N.C. is offering what it calls a new and affordable solution for micromachining applications, an area where many manufacturing companies and machine shops are striving to increase productivity.
Fast Radius to List on NASDAQ Through Business Combination with ECP Environmental Growth Opportunities Corp. July 22, 2021 Fast Radius Inc., a cloud manufacturing and digital supply chain company, and ECP Environmental Growth Opportunities Corp. have entered into a definitive agreement that will result in Fast Radius becoming a publicly-listed company.
Sandvik to Acquire CAM Software Company Cambrio July 6, 2021 Sandvik AB has agreed with Battery Ventures to acquire U.S.-based Cambrio, which has a portfolio in CAD/CAM software for manufacturing industries.
INDEX Corp. Adds Distributor in Virginia, Carolinas July 14, 2021 Index Corp. has partnered with Machinery Solutions, Inc. to cover sales in North Carolina, South Carolina and Virginia.
