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Rollomatic Inc., a subsidiary of Rollomatic Holding Switzerland, announced the appointment of Joe Kane as CEO of Rollomatic Inc. as of Jan. 1.

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.

Because its president saw opportunities to improve efficiency and an immediate need to make up for capacity lost due to impending worker retirements, Daiwa Steel Tube is set to save more than $1 million a year.

IMCO Carbide Tool has launched a new series of endmills for extreme tool paths in aluminum alloys and provide superior surface finishes in aerospace industry applications.

The evolution to high speed machining (HSM) is continuing and toolholders are playing a crucial role in that process, which includes the interlinking of machining center, programming, high-speed spindles, advanced cutting tools, balancing, and high-performance toolholders in order for shops to take full advantage of HSM.

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.

Shifts in microchip-making to aid automotive, medical

While precision, part programs and productivity have improved markedly, the basic process is still the same.

RAD Torque Systems has launched what it calls its most advanced battery tool, the B-RAD BL S. The new torque wrench is an addition to the battery-operated series known as the B-RAD.

OMAX has scheduled its next virtual event, “The Versatile World of Waterjet”