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Diebold Nixdorf moves to Anaqua Platform

Anaqua, Inc., a leading provider of Intellectual Property (IP) management, today announced that Diebold Nixdorf has selected the ANAQUA platform to manage its global IP portfolio from its operations in the U.S. and Germany.

General Carbide Acquires Automotive Tooling Supplier, Only Tool

General Carbide Corp. (Greensburg, PA) has purchased automotive tooling supplier Only Tool (Ypsilanti, MI). Only Tool has developed its expertise in cold-form tool manufacturing under the leadership of co-owners Ray Fender and Mick Ruffolo, who, under terms of the agreement, will continue to operate the business.

Medical Parts Maker Ups Efficiency, Capacity of EDM Machining

With each new contract and change order to increase part volume and improve delivery, Johnson Matthey Medical Components expanded capacity and capabilities in the same way—by purchasing more equipment. The San Diego, CA-based company would invest in another EDM to meet growing demand for orthopedic, endoscopic, cardiology and neurological medical devices, which is at an all-time high. The tactic was effective, but costly.

Cutting Tool Manufacturer Fills Machinist Skills Gap in its Community

Rapid growth has spurred a cutting tool manufacturer to reach out to its community to grow the pool of young people available to join its workforce. You don’t have to look farther than the lobby of Midwest Industrial Grinding Inc. (MITGI) to find evidence of its commitment to workforce development for its own benefit as well as that of its Hutchinson, MN, manufacturing community.

Machine Tool Orders Post Mixed Results in November

Machine tool orders posted mixed results in November, slipping a bit on a monthly basis while recording a solid gain compared with a year earlier, according to a monthly report by the Association for Manufacturing Technology (McLean, VA).

Kuka Showcases Robotic Demos at TechCenter Grand Opening

Kuka Robotics Corp. held a grand opening of its new Metal & Arc TechCenter at its 80,000-sq.-ft. Shelby Township, MI, headquarters, Nov. 29-30. The grand opening featured 13 live robotic automation demonstrations, tours of the new TechCenter, and presentations on new technology.

US Cutting Tool 2017 YTD Consumption up 8.0 % in October

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.