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Machine Tool Orders Start 2018 With Mixed Results

Machine tool orders began 2018 with mixed results, dropping from December but posting a surge on a year-over-year basis, the Association for Manufacturing Technology (McLean, VA) said in a monthly report.

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.