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General Motors Co.’s quarterly profit plunged as the novel coronavirus (COVID-19) pared demand and caused the automaker to close factories.

Many job shops hold onto traditional, inexpensive tooling systems. ER collets and Weldon flats are tried and true; they work and are proven. At the same time, newer, advanced machining technology, such as multi-axis machines, may perform better when newer, advanced (and more expensive) toolholders are deployed.

Companies most likely to succeed in capitalizing on those opportunities will excel in digital transformation, among other things, according to the April 9 webinar “Market Impact of COVID-19: How to Respond, Reset, and Rebound,” by Aroop Zutshi and Mark Simoncelli of Frost & Sullivan Industry and Strategy Experts.

When weighing the choice of replaceable-tip mills and drills or solid-carbide tools, consider this succinct statement from one industry expert: carbide equals cost.

Horizontal machining center technology—a long-time mainstay of OEMs and Tier One contract manufacturers—has morphed into space efficient, versatile machining platforms that any high-mix job shop can benefit from.

Vollmer of America has announced an Open House Celebration for its new facility in Findlay Township, Pa., scheduled for Oct. 22-23. Vollmer broke ground on May 11, 2019 at the new site, near Pittsburgh International Airport.

A package for control and optimization of rotary axes performance.

Customers and partners of BIG Kaiser Precision Tooling teamed up to generate a $7,283 donation to benefit the National Robotics League (NRL). The amount is nearly 10 percent more than last year and the fourth year-over-year increase in NRL funding from BIG Kaiser.

Three members of the OMAX Research and Development team, Michael Lo, Kevin Hay, and Dr. Axel Henning, have won the Best Paper at the Water Jet 2019 conference in the Czech Republic.

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.