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Leifeld Metal Acquired by Nihon Spindle

Nihon Spindle Manufacturing Co., Ltd. has acquired all the shares of Leifeld Metal Spinning AG. The brands and company locations will remain unaffected, including Leifeld USA, located in Livonia, Mich.

CNC Software Introduces the Mastercam Educators Alliance

CNC Software Inc. has announced The Mastercam Educators Alliance (MEA), an organization designed to bring together the community of educators that teach and use Mastercam and provide a platform for sharing information.

View Marketing as an Investment—Not an Expense

Peter Drucker, known as the father of modern management, was quoted in a 2006 article in Forbes as saying, “Because the purpose of business is to create a customer, the business enterprise has two—and only two—basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs.”