Taiyo Koki Introduces Latest Technology to Speedgrip Chuck Co. January 30, 2020 Speedgrip Chuck Co., an Elkhart, Ind. Based workholding equipment manufacturer, has become the first U.S. customer of Taiyo Koki’s CVG-6T grinding machine. Taiyo Koki, a DMG Mori owned grinding machine manufacturer founded in 1986, “moves beyond the conventional concept of the traditional grinding,” the company said in a statement.
NSL Analytical Services Acquired by May River Capital January 17, 2020 NSL Analytical Services, an independent testing laboratory, said the company has been acquired by May River Capital, a Midwestern investment firm that says it builds businesses through partnership and collaboration.
Ceratizit Wins Innovation Award for the Additive Manufacturing of Carbide Parts December 18, 2020 The Ceratizit Group has won the 2020 Innovation Award of the FEDIL business federation in the ‘Process’ category for the development of a new process for the additive manufacturing of tungsten carbide-cobalt.
Manufacturers May Turn to Digital to Recover From Pandemic December 9, 2020 Manufacturers may look to investing in digital technology as they seek to recover from the COVID-19 pandemic, consulting firm Deloitte said this week in a report.
Manufacturing Adds 27,000 Jobs, Led by Motor Vehicles December 4, 2020 U.S. manufacturing added 27,000 jobs last month, buoyed by gains in motor vehicles and parts, the Labor Department said today.
Shrink-Fit Technology Enhances Shop’s ROI November 25, 2020 Raym-Co Inc., located in Farmington, Conn., is a job shop with a 37,000 ft2 (3,065 m2) facility and approximately 60 CNC machines.
Machine Tool Orders Surge in September November 9, 2020 Machine tool orders gained in September as manufacturing recovered from a severe recession.
3D Systems to Sell Cimatron, GibbsCAM November 3, 2020 3D Systems said it has agreed to Cimatron Ltd. and GibbsCAM CNC programming software businesses, to Battery Ventures.
Nikon Metrology Launches Next-Generation Laser Radar Inspection System October 29, 2020 The measuring and inspection arm of Japanese camera giant Nikon, Nikon Metrology, debuts APDIS, a Laser Radar inspection system the company claims is up to 10 times faster than conventional measurement tools, saving production lines time and money.
Caterpillar Profit Falls as Product Demand Drops October 27, 2020 Caterpillar Inc., the maker of heavy construction and mining equipment, today reported a sharply lower third-quarter profit as demand for the company’s products dropped.