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Sandvik to Acquire Chinese Round Tools Maker

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

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.

Gundrilling for Job Shops

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.

Moldmakers Power Up With Advanced Tech

Complex molds containing cores and cavities with fine details and demanding surface finish requirements for injection molding, blow molding, glass molding or blow molding parts require high accuracy for use in automotive, medical, aerospace, or consumer products.

Lapping the Competition

The Don Schumacher Racing team tests the limits of machining to stay competitive.

Building a Future in Florida

Florida's advanced manufacturing industries are diverse and include sectors producing intermediate and finished products ranging from plastics and micro-electronics to tortillas and motor vehicles.

COVID-19 Disrupts Planning, Not Advanced Technology

The impact of disruptive technology and the benefits of Industry 4.0 digitization of controls, machines and processes have been fully embraced by the metal removal segment of advanced manufacturing.