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GWS Tool Group Announces Acquires North American Tool Corp.

GWS Tool Group announced it has acquired North American Tool Corp. (NATC). It is the second add-on acquisition in 2020 for GWS. Located in South Beloit, Illinois, North American Tool is a supplier of special taps, dies, and gages.

ShopBot Tools Launches Virtual Workshop for CNC

ShopBot Tools, a manufacturer of CNC routers, has launched a “virtual workshop” for ShopBot customers and CNC users. While individuals, businesses, and educational institutions work to adapt to the changing environment surrounding the COVID-19 pandemic, ShopBot is providing virtual tools to make CNC accessible to small and mid-sized manufacturers, including education, training, information, support.

BIG Kaiser Celebrates 30 Years

BIG Kaiser Precision Tooling Inc., Hoffman Estates, Illinois, a manufacturer of premium high-precision tooling systems and solutions for the metalworking industries, is celebrating its 30th anniversary.

Adapting Metal Cutting to Higher Power, Higher-Speed Lasers

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.

ARCH Global Precision Acquires Siem Tool Co.

ARCH Global Precision, Bloomfield Hills, Mich., a Jordan Company platform company focused on manufacturing cutting tools, machined components and medical implants and instruments, has acquired Siem Tool Co., Latrobe, Pa. Siem Tool is a manufacturer of custom solid-carbide drills, end mills, reamers, thread mills and form tools. Siem Tool will join ARCH’s Cutting Tools division.

U.S. Cutting Tool Orders Up 10.2% In October from September

October 2019 U.S. cutting tool consumption totaled $216.1 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 10.2 percent from September's $196 million