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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.

Materials Choices Test Innovative Cutting Solutions

With advances in material sciences and the ability to design composite parts with new virtual software technology, cutting tool manufacturers are being challenged to continually evolve and develop solutions for these versatile materials.

Simulation Software For Error-Free Metalcutting

Manufacturers must avoid costly machine errors that cause catastrophic damage to both machine tools and expensive workpieces. Even a minor error in, say, a titanium aerospace component can be a major expense.

Breakthroughs Expand Turning Tool Performance Envelope

Advances in turning insert technology that promise faster processing, longer tool life and reduced cycle time are always promoted with great fanfare by suppliers and welcomed by manufacturers looking for a competitive edge.