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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.

Programming Time Taken Saves Setup, Tooling Costs

At Jaktool LLC (Cranbury, NJ), a team of young inquisitive engineers is investing the time to explore the full potential of its manufacturing software and machines to take on the complex jobs no one else wants. Using Mastercam CAD/CAM programming software from CNC Software Inc. (Tolland, CT), Jaktool is able to save setup times and tooling costs, and reduce cycle times, while delivering exceptional customer service to a diverse cross section of industries.

How Bright is the Future of Automation?

In the 1955 short story “Autofac,” Philip K. Dick envisioned a world dominated by self-replicating robots that work incessantly, eventually depleting the planet’s resources.

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.

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.

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.