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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.

Breakthroughs Expand Turning Tool Performance Envelope

Advances in turning insert technology that promise faster processing, longer tool life and reduced cycle time are always promoted with great fanfare by suppliers and welcomed by manufacturers looking for a competitive edge.

U.S. Cutting Tool Consumption Up 3.2 Percent for 2019 Through June

U.S. cutting tool consumption totaled $198.9 million according to the United States. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was down 6.8 percent from May’s $213.4 million and down 6.3 percent when compared with the $212.4 million reported for June 2018.

The Best of Both Worlds in the Same Machine

Hybrid manufacturing—using one machine to perform both additive and conventional subtractive manufacturing processes—is gaining traction across manufacturing sectors, allowing companies to leverage the benefits of both.