Seco has completed the acquisition of the cutting tool division of Quimmco Centro Tecnológico (QCT), a subsidiary of the Quimmco Group. The cutting tool division acquired from QCT has three locations in Mexico to support customers and is a leading solid-carbide tooling manufacturer, specializing in custom products and reconditioning.
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.
With the help of adhesive forces, geckos have been moving easily over smooth surfaces for millions of years. SCHUNK is using this principle to develop various fields of handling applications with ADHESO, its new gripping technology.
September 2020 U.S. cutting tool consumption totaled $156.1 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
While the manufacturing industry learns to deal with COVID-19, it is also undergoing seismic change from other critical issues. Four industry leaders take on these issues in a panel discussion titled, “How Smart Manufacturing is Disrupting the Supply Chain - Are You Prepared?”
GWS Tool Group acquiring STF Precision marks GWS’ third add-on acquisition in 2020.
The CEO of an artificial intelligence company discusses how AI affects workers and how AI can be deployed well.
While the manufacturing sector generates large amounts of data, relatively few companies have fully harnessed that data to improve operational efficiencies.
Improvements in manufacturing management software, robotics, additive manufacturing and thermal controls are making small batch sizes more cost effective—even for smaller shops. Manufacturing plants are able to reduce inventory, improve throughput and reduce demands on human operators.
The push to modernize technology-intensive sectors in Asia—such as automotive, aerospace and general engineering—is constantly stretching machine tool builders in the region to their limits. The demand is not just for standard machines.
