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November 2020 U.S. cutting tool consumption totaled $151.3 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.

The new i-ONE system of exchangeable micrograin carbide drill inserts and premium tool steel holders with coolant channels is based on coating advances and optimized designs for higher tool life and changeover speed, according to tool manufacturer YG-1.

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.

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.

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).

Properly balancing one's tools can pay big dividends.

BLM GROUP USA has added more processing power to its LS5 and LC5 flat sheet laser cutters with the new option of a 10kW fiber laser source.

Solid-carbide round tools have seemingly been around forever; before them, high-speed steel (HSS) tools ruled the roost, and after them a growing selection of alternative processes like indexables, EDM, waterjet and now additive manufacturing emerged as competition.

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.