Sandvik to Acquire Chinese Round Tools Maker August 4, 2021 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.
Ceratizit Hosts Online Cutting Tool Optimization Event July 1, 2021 An online “It’s Tool Time” event, eight months after Ceratizit’s first Tool Time show, focused on how manufacturers merge the use of Ceratizit cutting tools–from a portfolio of 65,000 products–with new technologies such as additive manufacturing.
SMW-Electronics Breaks Ground on New Facility June 23, 2021 SMW-Electronics, a unit of SMW-Autoblok, has broken ground on a new 11,000 ft2 two-story facility in Meckenbeuren, Germany.
FABTECH to Return to Chicago’s McCormick Place in September June 21, 2021 FABTECH will be the first large-scale manufacturing trade show to return to McCormick Place in Chicago, September 13-16. The announcement comes as the state of Illinois moves into its final reopening phase.
An Improbable but Powerful Solution June 23, 2021 At first glance, ceramic cutting tools appear doomed to failure, but the reality is just the opposite.
CERATIZIT to Host Global Live Event: “It’s Tool Time!” June 14, 2021 CERATIZIT Group will host a global online event, “It’s Tool Time,” on Thursday, June 17 featuring experts who will focus on the value of process optimization through a variety of interactive machining demonstrations and presentations.
April 2021 U.S. Cutting Tool Orders Up 26.3% from April 2020 June 11, 2021 April 2021 U.S. cutting tool consumption totaled $170 million. This total was down 4.3 percent from March's $177.6 million but up 26.3 percent when compared with the $134.6 million reported for April 2020.
Checking Up on Tool Monitoring May 28, 2021 Machine shops use a variety of techniques to track the condition of their cutting tools, ranging from simple to sophisticated. No matter what monitoring method is used, it can be crucial in preventing catastrophic tool failure. At its best, monitoring also significantly boosts tool life and slashes tooling costs.
Toolholding: Built for Speed May 27, 2021 The evolution to high speed machining (HSM) is continuing and toolholders are playing a crucial role in that process, which includes the interlinking of machining center, programming, high-speed spindles, advanced cutting tools, balancing, and high-performance toolholders in order for shops to take full advantage of HSM.
Livin’ Large with Outsize Parts and Workholding May 25, 2021 Workholding needs to be super-sized when machining workpieces like truck transmission housings, wind turbine blades, rocket bodies, and more, for industries like aerospace and defense, agricultural, energy, marine, rail, and on- and off-road transportation.
