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ARCH Global Precision Acquires Siem Tool Co.

ARCH Global Precision, Bloomfield Hills, Mich., a Jordan Company platform company focused on manufacturing cutting tools, machined components and medical implants and instruments, has acquired Siem Tool Co., Latrobe, Pa. Siem Tool is a manufacturer of custom solid-carbide drills, end mills, reamers, thread mills and form tools. Siem Tool will join ARCH’s Cutting Tools division.

Tool Presetters Take On Industry 4.0

For machine shops in a competitive global marketplace, keeping spindles running and making product is the only way to stay in business. Still, adding a new piece of equipment, even with the promise of improving the efficiency of your existing ones, may be a difficult sell to management.

Seco Tools to Acquire QCT’s Division for Cutting Tools

Seco Tools, a division of Sandvik Machining Solutions, has reached an agreement to acquire the cutting tools division of QUIMMCO CENTRO TECNOLÓGICO (QCT), a privately owned Mexican company offering integral machining solutions.

BIG Kaiser Ramps Up Green Initiatives

As part of an ongoing effort to make processes and products more environmentally friendly, BIG Kaiser Precision Tooling Inc. is making modifications to its production materials and packaging.

The Light and Dark of Manufacturing

As I walked through the DMG Mori factory in Davis, Calif., during the company’s Manufacturing Days event in October, there was something noticeably different about it compared to other factories I’ve visited: it was brightly lit and quiet.

Time to Prepare, Not Panic, in 2020

Expect at least two recessions, or downturns in GDP growth, in the next few years. That is the prediction of Brian Beaulieu, CEO and chief economist for ITR Economics.