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Methods Machine Tools to Acquire Koch Machine Tool

Methods Machine Tools has signed an agreement with an intent to acquire Koch Machine Tool, a machine tool dealer and Methods’ avenue into the Texas machining market since 2010. Methods anticipates a definitive agreement by January 1, 2022.

Sandvik Creates More Sustainable Packaging

Sandvik Coromant’s Package Selector Application analyzes a 3D CAD model of a product and recommends the smallest packaging possible using an AI algorithm that calculates the product’s rotation.

Lockheed Martin Achieves IIot Smart Factory

Aegis Software, a global provider of Manufacturing Operations Management Software (MOM/MES), announces that Lockheed Martin’s Lufkin facility has connected key SMT machines of all key types using the IPC-CFX standard.