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GWS Tool Group has acquired Taurus Tool & Engineering. Taurus, based in Batavia, Illinois. It is the first acquisition in 2021 for GWS Tool Group, following three previous acquisitions in 2020.

The Industry 4.0 & Smart Manufacturing Adoption Report by IoT Analytics suggests that Industry 4.0 technology uptake is still low among manufacturers.

All shops want to be more productive and reduce downtime. For some, this means an investment in a high-end CNC machine tool. Others give quick-change toolholders a try, or pursue an IIoT (Industrial Internet of Things) machining strategy.

For as long as people have been machining parts, they’ve been devising ever-more ingenious ways to grip them.

Originally marketed for their proficiency in heavy metal removal applications while delivering longer tool life and multi-point efficiency, turning inserts have grown more sophisticated in response to advances in materials, machines, methods, and even social factors.

The Ceratizit Group has won the 2020 Innovation Award of the FEDIL business federation in the ‘Process’ category for the development of a new process for the additive manufacturing of tungsten carbide-cobalt.

Raym-Co Inc., located in Farmington, Conn., is a job shop with a 37,000 ft2 (3,065 m2) facility and approximately 60 CNC machines.

Now on its third generation of family ownership, Tapmatic Corp. of Post Falls, Idaho, continues to thrive, and surprise.

BIG Kaiser Precision Tooling has promoted Jack Burley to President/Chief Operating Officer, effective January 1, 2021. Chris Kaiser, BIG Kaiser President and CEO for 30 years, will take on the role of Executive Advisor.

Cascadia Capital said it is launching one of the nation’s first emerging growth investment banking practice groups dedicated to Robotics, Automation, and Artificial Intelligence (RAAI).