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At Flexco Inc. (Downers Grove, IL), finding a solution to speed up slot-milling with Chip-Surfer replaceable tip solid-carbide cutting tool from Ingersoll Cutting Tools (Rockford, IL) has led to benefits in a host of other operations as well. Flexco, a manufacturer of belt conveyor components, estimates that retooling with Chip-Surfer replaceable solid-carbide tip cutting tools has saved about $200,000 a year overall on slotting operations and the company expects to save as much again on mill-turn operations.

Anaqua, Inc., a leading provider of Intellectual Property (IP) management, today announced that Diebold Nixdorf has selected the ANAQUA platform to manage its global IP portfolio from its operations in the U.S. and Germany.

General Carbide Corp. (Greensburg, PA) has purchased automotive tooling supplier Only Tool (Ypsilanti, MI). Only Tool has developed its expertise in cold-form tool manufacturing under the leadership of co-owners Ray Fender and Mick Ruffolo, who, under terms of the agreement, will continue to operate the business.

With each new contract and change order to increase part volume and improve delivery, Johnson Matthey Medical Components expanded capacity and capabilities in the same way—by purchasing more equipment. The San Diego, CA-based company would invest in another EDM to meet growing demand for orthopedic, endoscopic, cardiology and neurological medical devices, which is at an all-time high. The tactic was effective, but costly.

Rapid growth has spurred a cutting tool manufacturer to reach out to its community to grow the pool of young people available to join its workforce. You don’t have to look farther than the lobby of Midwest Industrial Grinding Inc. (MITGI) to find evidence of its commitment to workforce development for its own benefit as well as that of its Hutchinson, MN, manufacturing community.

Machine tool orders posted mixed results in November, slipping a bit on a monthly basis while recording a solid gain compared with a year earlier, according to a monthly report by the Association for Manufacturing Technology (McLean, VA).

Q&A with Jon Sobel, co-founder and CEO of Sight Machine located in both San Francisco, CA and Ann Arbor, MI.

Wisconsin could capitalize on its strengths in sensors and controls to drive economic growth and support over 44,000 jobs annually in the advanced energy industry. That’s the conclusion of a report from “The Wisconsin Jobs Project: A Guide to Creating Jobs in Sensors and Controls for Advanced Energy.”

Kuka Robotics Corp. held a grand opening of its new Metal & Arc TechCenter at its 80,000-sq.-ft. Shelby Township, MI, headquarters, Nov. 29-30. The grand opening featured 13 live robotic automation demonstrations, tours of the new TechCenter, and presentations on new technology.

October US cutting tool consumption totaled $198.00 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 up 13.2 percent from September’s $174.92 million and up 17.2% when compared with the $169.00 million reported for October 2016. With a year-to-date total of $1.835 billion, 2017 is up 8.0% when compared with 2016.