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.
More than 70 years after the first CNC lathe, toolroom models are as useful as ever.
BLM GROUP USA has added more processing power to its LS5 and LC5 flat sheet laser cutters with the new option of a 10kW fiber laser source.
Hanwha Aerospace USA has been recognized by Raytheon Technologies for excellence in quality, delivery and operational performance.
CGTech has released the latest version of its VERICUT software, Version 9.2. VERICUT CNC machine simulation, verification, and optimization software simulates CNC machining, additive, and hybrid manufacturing processes.
Google Cloud today announced an expanded relationship with Johnson Controls that will involve the leading building technology and solutions company running SAP’s Enterprise Resource Pning Central Component (ECC) environment on Google Cloud.
The U.S. has not been competitive, so companies sourced offshore to meet consumer and industrial demand for low-priced goods. Fortunately, however, a positive localization trend since 2010 indicates an increasing rate of reshoring by U.S. companies and foreign direct investment by foreign companies.
Rotary machines can help shops reduce their cost per part.
EMAG Group Acquisition: Samputensili Machine Tools and Samputensili CLC have become EMAG SU.
Some shops think routine machine tool maintenance is overrated. Bad idea. The big order’s running late. The lead programmer called in sick.