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Arundel Machine Tool LLC acquired by ARCH Global Precision

ARCH Global Precision, Bloomfield Hills, Mich., on Jan. 21 acquired Arundel Machine Tool, located in Arundel, Maine. Arundel manufactures high-precision components and assemblies primarily for the aerospace and defense market, as well as the semiconductor and oil and gas industries.

Taiyo Koki Introduces Latest Technology to Speedgrip Chuck Co.

Speedgrip Chuck Co., an Elkhart, Ind. Based workholding equipment manufacturer, has become the first U.S. customer of Taiyo Koki’s CVG-6T grinding machine. Taiyo Koki, a DMG Mori owned grinding machine manufacturer founded in 1986, “moves beyond the conventional concept of the traditional grinding,” the company said in a statement.

For manufacturers and 5G, it’s still ‘early days’

Although the first iteration of 5G technology has offered limited use cases in manufacturing, the next two generations, now expected to be available in the fall of this year and then the fall of next year because of COVID-19-related delays, will help factory owners achieve greater digital transformation of their factories.