April 2020 U.S. Cutting Tool Orders Down 14.4% from April 2019 June 16, 2020 April 2020 U.S. cutting tool consumption totaled $142.9 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
Deloitte: Manufacturing Likely to Revamp Facilities to Adjust to COVID-19 June 23, 2020 Manufacturing will probably make significant changes at facilities as the sector adjusts to the novel coronavirus (COVID-19), consulting firm Deloitte said in a report.
NAM Unveils 'Wear a Face Covering' Ad Campaign June 24, 2020 The National Association of Manufacturers has started its "Wear a Face Covering" ad campaign which says face coverings are vital to restarting businesses amid COVID-19.
Machines Italia Issues Call for Submissions June 17, 2020 The Italian Trade Agency via its North American Offices is producing a 2020 edition of its Machines Italia magazine, highlighting solutions provided by Italian companies to a North American audience.
Grede Acquires Some Assets From RMG Waukesha June 3, 2020 Grede said it has acquired some assets of Renaissance Manufacturing Group (RMG) Waukesha, LLC.
Leifeld Metal Acquired by Nihon Spindle June 1, 2020 Nihon Spindle Manufacturing Co., Ltd. has acquired all the shares of Leifeld Metal Spinning AG. The brands and company locations will remain unaffected, including Leifeld USA, located in Livonia, Mich.
NAM Issues Statement on Floyd Death June 1, 2020 The National Association of Manufacturers issued a statement about the death of George Floyd in Minnesota.
Seco Tools Acquires Cutting Tool Division of QCT in Mexico June 2, 2020 Seco has completed the acquisition of the cutting tool division of Quimmco Centro Tecnológico (QCT), a subsidiary of the Quimmco Group. The cutting tool division acquired from QCT has three locations in Mexico to support customers and is a leading solid-carbide tooling manufacturer, specializing in custom products and reconditioning.
YG-1 Launches High-Feed Milling Series For Narrow and Long-Reach Apps June 10, 2020 YG-1 has launched the ENMX High-Feed Mill, a new high-feed milling series developed for mold and die, power generation and a variety of applications and materials in general machining markets.
The Essentials of Tool Balancing May 25, 2020 Balanced toolholding assemblies, with even weight distribution, operate better. Unbalanced assemblies may experience vibration and shorter tool life, which are amplified by high machining speeds.