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Shops Use Shrink-Fit with Presetters for Toolholding Efficiency

Unlike its name, the use of shrink-fit tooling is expanding. A shrink-fit toolholder starts with a slightly undersize bore that is heated to enlarge the inner diameter enough to accept a cutting tool and then grip the cutter as it cools and contracts.

GWS Tool Group Announces Acquires North American Tool Corp.

GWS Tool Group announced it has acquired North American Tool Corp. (NATC). It is the second add-on acquisition in 2020 for GWS. Located in South Beloit, Illinois, North American Tool is a supplier of special taps, dies, and gages.

Walter Acquires Melin Tool Co.

Walter has reached an agreement to acquire the Melin Tool Co., a privately-owned, Cleveland-based company and manufacturer of solid-carbide and HSS end mills, drills and countersinks.

TDM Systems Releases TDM and TDM Global Line 2020

TDM Systems, a digitalization specialist and provider of tool data management systems for industry has announced the latest version of its TDM and TDM Global Line. The releases offers numerous enhanced developments as well as new modules that help users reduce their tooling costs and increase their efficiency, according to TDM Systems.