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SMW Autoblok Acquires Tecnomagnete

SMW Autoblok Group, a provider of industrial workholding solutions, has acquired Tecnomagnete, the world’s leading manufacturer of permanent electromagnetic clamping and lifting systems.

Walter to Acquire GWS Tool Group

Walter has signed an agreement to acquire the U.S.-based GWS Tool Group, a manufacturer of solid carbide endmills and drills as well as HSS taps and PCD products.

Desktop Metal, University of Toledo Form Partnership

Desktop Metal and the University of Toledo Institute of Applied Engineering Research today announced a partnership to support the development of nickel-titanium (Nitinol) alloys, Rene alloys, and other non-weldable nickel-based, high-temperature materials on the Production System platform.

Methods Expanding Partnership With Maruka

Methods Machine Tools, Inc. has signed an agreement with an intent to expand the territory of Maruka USA to now include North Dakota, South Dakota, Minnesota, Iowa, and Nebraska, as of Dec. 9.

Manufacturing CEOs Focusing on Supply Chain Issues

The pandemic, climate change and geopolitics are driving global manufacturing executives to focus even more than before on a twin transformation: smart digitization and a focus on environmental, social and governance (ESG) goals, according to KPMG.