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Samag Machining Centers Available in North America from GMTA

Provided by German Machine Tools of America, Samag multispindle horizontal machining centers, used primarily for high-volume parts, are being offered to the automotive powertrain, truck, off-highway and other markets in North America.

GM Earnings Fall in Fourth Quarter

General Motors Co. said Feb. 1 that fourth-quarter earnings slid but that full-year results improved compared with a year earlier.

Lacks Names Two Co-Chairs of Board

Lacks Enterprises, Inc. said John Kennedy and Darren R. Jackson have accepted the position of Co-Chairs of the Board of Directors, effective Jan. 1.

Canada’s ICAM to be acquired by Sandvik Coromant

Sandvik has signed an agreement to acquire Canada-based ICAM Technologies Corporation, a provider of innovative solutions that translate CAM data into optimized coding for guiding CNC machining operations.