Cutting Tool Manufacturer Ceratizit Acquires Komet Group October 16, 2017 The Ceratizit Group (Mamer, Luxembourg) acquired the Komet Group (Besigheim, Germany) on Oct. 12, 2017. The transaction is still subject to the approval of antitrust authorities.
U.S. Cutting Tool Consumption Up 10.1% in 2018, Tracks Economy’s Strength July 12, 2018 May U.S. cutting tool consumption totaled $215.13 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT—The Association For Manufacturing Technology.
US Cutting Tool 2017 YTD Consumption up 8.0 % in October December 13, 2017 October US cutting tool consumption totaled $198.00 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 (CTMR) collaboration, was up 13.2 percent from September’s $174.92 million and up 17.2% when compared with the $169.00 million reported for October 2016. With a year-to-date total of $1.835 billion, 2017 is up 8.0% when compared with 2016.
High-Torque Retention Knob Gives Job Shop Spindles The Competitive Edge April 25, 2018 Despite the addition of more than 750,000 CNC mills in the past 15 years in the US, CNC machining job shops often hover at the bottom of the totem pole, where there’s little room for error as most bids are won by a 1–2% price variance.
Shrink-Fit Toolholder Offers Consistency When Setting Tools April 23, 2018 Shrink-fit toolholding is a simple concept—an induction coil is adjusted and fits over the top of the toolholder. The induction coil heats the toolholder end of the shrinker, expanding the inside diameter, which opens the engagement bore (IDs of shrink-fit toolholders are smaller than the shank diameter of the cutting tool).
How Small Shops Can Go Digital — Economically! April 4, 2018 In the early days at CNC Software, we saw that our Mastercam CAD/CAM system was only part of a larger manufacturing solution and that an open architecture foundation could allow seamless data communication with complementary devices and systems across the shop floor.
New Chiller Technology Helps Industrial Lasers Keep Their Cool April 9, 2018 Industrial lasers require cooling to remove excess heat generated in the resonator power electronics and the optics system. The type of cooling required is determined by laser wattage, resonator efficiency, resonator and optics temperature requirements, and ambient temperature.
Business Outlook for Tooling, Workholding on the Shop Floor Is Bright April 27, 2018 Manufacturers are always looking for signs of what the economy and the business outlook have in store for them. Since the election of President Trump and, more recently, passage of the tax reform law in December, confidence among businesses of all sizes has been overwhelmingly positive.
New Tech Powers Productivity Gains in Indexable Milling April 26, 2021 New features mean more choices in cutting with inserts
SCHUNK Launches Bio-Inspired Adhesion Mechanisms November 11, 2020 With the help of adhesive forces, geckos have been moving easily over smooth surfaces for millions of years. SCHUNK is using this principle to develop various fields of handling applications with ADHESO, its new gripping technology.