ARCH Global Precision Acquires Siem Tool Co. July 10, 2019 ARCH Global Precision, Bloomfield Hills, Mich., a Jordan Company platform company focused on manufacturing cutting tools, machined components and medical implants and instruments, has acquired Siem Tool Co., Latrobe, Pa. Siem Tool is a manufacturer of custom solid-carbide drills, end mills, reamers, thread mills and form tools. Siem Tool will join ARCH’s Cutting Tools division.
50 Years Strong: Paul Horn GmbH Honors Past, Looks to Future at 2019 Technology Days November 8, 2019 Horn Technology Days, hosted by Paul Horn GmbH every two years, is a celebration of manufacturing and what is possible with modern cutting tool technology. This year’s event coincided with the company's 50 year anniversary and featured three days of technical sessions, factory tours and practical demonstrations of the company’s manufacturing products.
Robot Company Creates Industry 4.0-Friendly Software August 2, 2019 FANUC has made real one of the promises of Industry 4.0, that of predictive maintenance for factory equipment, with its Zero Down Time IoT solution. ZDT can be applied to any of FANUC’s robotic arms and their peripherals.
Seco Tools to Acquire QCT’s Division for Cutting Tools December 20, 2019 Seco Tools, a division of Sandvik Machining Solutions, has reached an agreement to acquire the cutting tools division of QUIMMCO CENTRO TECNOLÓGICO (QCT), a privately owned Mexican company offering integral machining solutions.
BIG Kaiser Ramps Up Green Initiatives December 19, 2019 As part of an ongoing effort to make processes and products more environmentally friendly, BIG Kaiser Precision Tooling Inc. is making modifications to its production materials and packaging.
Machine Tool Orders Post Monthly Gain in October December 10, 2019 Machine tool orders posted a small gain in October, helped by a boost from machine shops and the auto industry, according to a monthly report.
Time to Prepare, Not Panic, in 2020 November 26, 2019 Expect at least two recessions, or downturns in GDP growth, in the next few years. That is the prediction of Brian Beaulieu, CEO and chief economist for ITR Economics.
U.S. Cutting Tool Orders Up 0.2% In September 2019 YTD/YTD November 20, 2019 September 2019 U.S. cutting tool consumption totaled $195.9 million, according to the U.S. Cutting Tool Institute and The Association For Manufacturing Technology.
Energy Parts Machining November 7, 2019 The ever-volatile oil and natural gas industry—roiled most recently by September’s drone attacks on Saudi Arabian oil facilities that temporarily reduced the kingdom’s output by nearly half (about 5 percent of global production)—faces particularly challenging requirements for machined components to meet evolving supply targets.
Price, Performance, Potential – Closing the Gap in 3D Printing October 16, 2019 Rapid prototyping is a staple of every designer and engineer’s workflow—essential for testing new concepts, verifying designs, and meeting increasingly aggressive time-to-market goals. Regardless of the industry or product, all engineers must consider the speed, accessibility, cost, and output of these additive manufacturing equipment.
