Acquisition to Position PTC as CAD and PLM Industry Transitions to Software-as-a-Service (SaaS)
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As parts and materials have advanced, tools and methods that were once standard have been replaced by better, more advanced technologies. It is important to recognize the advancements essential to your operation.
Fowler High Precision, Newton, Mass., a manufacturer of high precision tools and measuring instruments, announced that Patrick Madigan has joined the Fowler Team as president of the company, effective Nov. 4.
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.
YG-1, Vernon Hills, Illinois, has added SV-Point spade drill inserts to its product line. The inserts provide longer tool life at higher spindle speeds and feeds than conventional spade drills, according to the company.