Walter has reached an agreement to acquire the Melin Tool Co., a privately-owned, Cleveland-based company and manufacturer of solid-carbide and HSS end mills, drills and countersinks.
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November 2019 U.S. cutting tool consumption totaled $189.1 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
Advanced laser technology has been instrumental in making the four affiliated companies of the Diversified Tooling Group, Madison Heights, Mich., into a leading supplier of single-source manufacturing solutions to the automotive, heavy truck, defense, industrial equipment, power generation, rail and foundry industries.
BIG Kaiser Precision Tooling has promoted Jack Burley to President/Chief Operating Officer, effective January 1, 2021. Chris Kaiser, BIG Kaiser President and CEO for 30 years, will take on the role of Executive Advisor.
In competitiveness studies for economic development projects, a strong workforce is always one of the leading factors for a project win. A talented workforce is also necessary when a company is evaluating expansion opportunities.
The producers of FABTECH have launched a three-part webinar series that includes an expert line-up of visionary speakers sharing insights and predictions for the economic future covering the impact of the current state of affairs; pre and post-election insights and predictions for the future.
IPG Photonics Corp. has launched LightWELD, a new handheld laser welding system. The LightWELD product line enables fabricators to benefit from the greater flexibility, precision and ease of use enabled by laser-based solutions over traditional welding products, according to IPG Photonics.
Originally marketed for their proficiency in heavy metal removal applications while delivering longer tool life and multi-point efficiency, turning inserts have grown more sophisticated in response to advances in materials, machines, methods, and even social factors.
Mitsui Seiki USA Inc., Franklin Lakes, N.J., has announced the appointment of Kyal Machine Tools Ltd. as its exclusive representative for machine tool sales and service in the United Kingdom and the Republic of Ireland.
GWS Tool Group announced it has acquired North American Tool Corp. (NATC). It is the second add-on acquisition in 2020 for GWS. Located in South Beloit, Illinois, North American Tool is a supplier of special taps, dies, and gages.