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VeriTX Announces Licensing Agreement

VeriTX Corp. announced today an agreement to license Moog Inc.’s VeriPart process which enables high integrity supply chain solutions.

Best-Selling Machining Books of 2019

Practical Machinist wanted to simplify your quest by providing you with a list of the best-selling machining books of 2019 according to our community. All the books in this list are a must-have, so we strongly encourage you to add them to your machine shop library, if you don’t have them already.

Arundel Machine Tool LLC acquired by ARCH Global Precision

ARCH Global Precision, Bloomfield Hills, Mich., on Jan. 21 acquired Arundel Machine Tool, located in Arundel, Maine. Arundel manufactures high-precision components and assemblies primarily for the aerospace and defense market, as well as the semiconductor and oil and gas industries.

Liebherr to Celebrate 50th Anniversary in the U.S.

In 2020, Liebherr will be celebrating 50 years of manufacturing its products in North America. With its 50th anniversary theme “United by Success,” the manufacturer says it remains focused on its commitment to U.S. customers.

Kennametal Announces Executive Leadership Changes

Kennametal Inc. has announced two changes to its executive leadership team. These leadership moves are designed to drive profitable growth and continue to advance the company's strategy and transformation, according to a Kennametal statement.

General Carbide Acquires Automotive Tooling Supplier, Only Tool

General Carbide Corp. (Greensburg, PA) has purchased automotive tooling supplier Only Tool (Ypsilanti, MI). Only Tool has developed its expertise in cold-form tool manufacturing under the leadership of co-owners Ray Fender and Mick Ruffolo, who, under terms of the agreement, will continue to operate the business.

U.S. Cutting Tool Consumption Up 3.2 Percent for 2019 Through June

U.S. cutting tool consumption totaled $198.9 million according to the United States. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was down 6.8 percent from May’s $213.4 million and down 6.3 percent when compared with the $212.4 million reported for June 2018.

ZEISS Completes Steel Construction of New Facility in Michigan

With the Steel Topping Out event, ZEISS has completed the steel portion of its state-of-the-art site near Detroit. The new facility for the Industrial Quality and Research (IQR) segment of ZEISS, represented in the USA by Carl Zeiss Industrial Metrology, LLC, is scheduled to be complete in June 2020 and will consolidate four existing Michigan facilities into one location.