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The Ceratizit Group (Mamer, Luxembourg) acquired the Komet Group (Besigheim, Germany) on Oct. 12, 2017. The transaction is still subject to the approval of antitrust authorities.

July US cutting tool consumption totaled $170.95 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 (CTMR) collaboration, was down 8.4 percent from June’s $186.57 million but up 16.0 percent when compared with the total of $147.43 million reported for July 2016.

Urschel Laboratories has come a long way since its founder William E. Urschel introduced the gooseberry snipper to Michigan canneries in 1910. Today, the company’s innovative machines are used by virtually every food processing manufacturer worldwide to slice, dice, trim, grate, and process foods that are stored in pantries and refrigerator shelves. For the record, Urschel’s gooseberry snipper machine handled the removal of a stem and thick bud appendage from the berry.

The U.S. Navy has awarded Northrop Grumman Corporation (NYSE: NOC) a $9.6 million contract, with options up to $40.5 million, to produce the Transducer Array/Nose Shell Assembly of the MK 48 heavyweight torpedo.

5ME (Warren, MI) and Doosan Machine Tools America (DMTA: Pine Brook, NJ) have joined forces to showcase the advantages of cryogenic machining.

Allied Machine & Engineering, a leading tooling manufacturer of complete holemaking solutions, has launched its new engineering training department, which provides hands on education programs for new employees, end users and distributors.

Manufacturers are accelerating use of Internet of Things (IoT) technology, according to a survey of 66 companies.