Formlabs Announces Tough 1500 Resin February 11, 2020 Today, Formlabs continued turning additive manufacturing’s talk into action with the release of the company’s newest material, Tough 1500, part of Formlabs’ Engineering Resin segment. Designed for the company’s stereolithography (SLA) 3D printers, Tough 1500 Resin enables engineers, designers and manufacturers to create stiff, yet pliable, parts that bend and spring back quickly under cyclic loading, according to the company.
GWS Tool Group Announces Acquires North American Tool Corp. February 7, 2020 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.
U.S. Cutting Tool Orders Down 1% in November Year to Date January 24, 2020 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.
Walter Acquires Melin Tool Co. January 3, 2020 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.
SCHUNK Launches Bio-Inspired Adhesion Mechanisms November 11, 2020 With the help of adhesive forces, geckos have been moving easily over smooth surfaces for millions of years. SCHUNK is using this principle to develop various fields of handling applications with ADHESO, its new gripping technology.
September 2020 U.S. Cutting Tool Orders Up 14.7% from August 2020 November 17, 2020 September 2020 U.S. cutting tool consumption totaled $156.1 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
GWS Tool Group Acquires STF Precision October 26, 2020 GWS Tool Group acquiring STF Precision marks GWS’ third add-on acquisition in 2020.
TDM Systems Releases TDM and TDM Global Line 2020 August 11, 2020 TDM Systems, a digitalization specialist and provider of tool data management systems for industry has announced the latest version of its TDM and TDM Global Line. The releases offers numerous enhanced developments as well as new modules that help users reduce their tooling costs and increase their efficiency, according to TDM Systems.
YG-1 Launches DREAM DRILLS PRO Cutting Tools For Higher Performance, Speeds In Steel, Cast Iron August 26, 2020 YG-1 has added to its DREAM DRILLS lineup with the new DREAM DRILLS PRO line, which is optimized for machining in steel and cast iron, according to a company statement.
Measure Carbide Tools and Metal Blanks July 14, 2020 Marposs announces Aeroel MECLAB.T40 bench-top laser measurement system for measuring tools and blanks.