Sandvik has signed an agreement to acquire 67 percent of Chuzhou Yongpu Carbide Tools Co., Ltd, a China-based maker of solid round tools, with a call option to buy the remaining part in three years.
Today’s job shops can distinguish themselves from competitors by adding deep hole drilling/gundrilling to their offerings. But complex, custom-built machines require more floor space and a bigger investment.
Big things are happening in the aviation maintenance, repair and operations (MRO) market: the first industry-wide material allowables for metal additive manufacturing (AM) parts are anticipated to be released this autumn.
Interoperability will make the autonomous mobile robot’s world go ‘round
While fossil fuels dominate the energy market, expect a new mix of parts as renewable energy and EVs grow in market share.
In Donald, Ore., 24 miles south of Portland, GK Machine Company Inc., is manufacturing parts for heavy agricultural equipment such as harvesters, sprayers, tree diggers, and hose reels.
Not every contract manufacturer has the capability to quickly switch production between myriad parts, but that’s exactly the position FPD Co. is in thanks to Grob Systems Inc.’s automated five-axis machining.
Mazak Corp. will be demonstrating three automation-ready machines designed for motorsports part production at this years Performance Racing Industry Show in Indianapolis.
Guill Tool has announced its intent to offer merchant machining services to the global aerospace industry.
Lutz Labisch to Become President and CEO for TRUMPF in North America