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GE (NYSE: GE), the world’s leading digital industrial company, has reached an agreement to acquire a 75% stake in Concept Laser GmbH for $599 million (€549 million). The agreement allows for GE to take full ownership in a number of years.

Innovate, Integrate, Collaborate are more than just marketing keywords. A number of metrology and software companies I visited at IMTS are putting their development dollars to work in these areas and showing off the results.

Carbon fiber reinforced polymer (CFRP) composite materials deliver the important performance advantages of high strength-to-weight ratio, durability, and extreme corrosion resistance in lightweight structures, valued especially for demanding aerospace and oil and gas industry applications.

Tool life, geometry, and stability largely depend on proper edge preparation. Tool Flo, located in Houston, Texas, is a manufacturer of carbide cutting tools such as inserts for threading, turning, and milling. The company uses Alicona’s optical 3D measurement systems in the quality assurance of inserts.

Thermo Fisher Scientific, a leading manufacturer of laboratory technology, designed new incubators to cultivate human and animal cells. With 55,000 employees worldwide and group sales of $17 billion, Thermo Fisher Scientific is one of the world’s largest providers of laboratory and analysis technology. The company headquarters are located in Waltham, MA, near Boston.

3D Systems (NYSE:DDD) announced today that Avi Reichental has stepped down as President and Chief Executive Officer and as a Director of the Company, effective at the close of business on Wednesday, October 28, 2015, by mutual agreement with the Company’s Board of Directors.

In 2006, Jim Pontillo, founder of TRA Medical Inc. (Placentia, CA), saw two distinct trends: his medical mold-making workload was diminishing and demand for guns and gun components was rising. Sizing up TRA Medical’s core competencies, Pontillo saw an opportunity for growth in the development and production of 9-mm handguns. Today, these guns are branded and sold under their own brand FMK Firearms, which is a stand-alone business.

New retrofit systems make it possible to quickly, easily and cost effectively transform the standard external-coolant live tooling heads on turning machine turrets into those with through-tool-coolant capability. And shops that have done the retrofit are experiencing longer tool life, more efficient chip control and less heat generation.

A fully programmable B axis is the latest advanced technology for Swiss machines.

A manufacturing engineer’s open mind, common sense and eclectic background in business have transformed the way parts are machined at the Guadalajara, Mexico, plant of plumbing fixture leader URREA Group.