Legal Insights for the Metals Industry April 15, 2021 Two attorneys explain why a strong sales contract is a necessity in the metals industry.
Fast Radius to List on NASDAQ Through Business Combination with ECP Environmental Growth Opportunities Corp. July 22, 2021 Fast Radius Inc., a cloud manufacturing and digital supply chain company, and ECP Environmental Growth Opportunities Corp. have entered into a definitive agreement that will result in Fast Radius becoming a publicly-listed company.
INDEX Corp. Adds Distributor in Virginia, Carolinas July 14, 2021 Index Corp. has partnered with Machinery Solutions, Inc. to cover sales in North Carolina, South Carolina and Virginia.
Absolute Machine Tools Earns Diamond Partner Status from Mitsubishi Electric Automation June 24, 2021 Absolute Machine Tools has earned the title of Diamond Partner Systems Integrator from Mitsubishi Electric Automation Inc. The partnership is expected to expand opportunities in robotics and automation for 0020both companies.
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.
