Sandvik to Acquire CAM Software Company Cambrio July 6, 2021 Sandvik AB has agreed with Battery Ventures to acquire U.S.-based Cambrio, which has a portfolio in CAD/CAM software for manufacturing industries.
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.
U.S. Cutting Tool Orders Rise on Monthly Basis in February May 5, 2021 February 2021 U.S. cutting tool consumption totaled $149.5 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 collaboration, was up 3.3 percent from January's $144.8 million and down 17.1 percent when compared with the $180.3 million reported for February 2020.
Adapting Metal Cutting to Higher Power, Higher-Speed Lasers October 25, 2019 Using lasers to cut metal, especially sheet metal or tubes, continues to show its value. The market is becoming dominated by the newer solid-state fiber laser over its CO2 gas rival. Fiber’s advantages in ease of operation, packaging and efficiency are clear.
Cutting-Edge Machine Tools and CAM Software Help Job Shop Reduce Cycle Time by 50 Percent January 9, 2020 Founded in 1984, Arundel Machine Tool Co. Inc., Arundel, Maine, has evolved into a major CNC manufacturer of precision-machined components based in New England.
MC Machinery Systems Feature New AI-Enabled EDM at Open House October 21, 2019 Artificial intelligence (AI) , the Internet of Things (IoT), and real-time data analytics are moving metalworking technology into the next generation of equipment. These sophisticated concepts are bringing at least one traditional technology with it.
Methods Machine Tools Announces Partnership with OKK October 22, 2019 Methods Machine Tools Inc., a supplier of precision machine tools and automation, has announced that effective October 1, 2019 it is representing OKK Corp. in North America. OKK is a builder of horizontal, vertical, and five-axis machine tools.
Lapping the Competition September 4, 2020 The Don Schumacher Racing team tests the limits of machining to stay competitive.
Machining Low- and Medium-Carbon Steel Alloys November 13, 2020 Low-carbon and medium-carbon steels form the backbone of virtually every shop’s operations in their general engineering applications and fabricated parts.
GROB Launches New Five-axis Machining Center October 5, 2020 The company’s G150 is aimed at small, high-precision parts made of tough materials.
