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April 2020 U.S. cutting tool consumption totaled $142.9 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.

Seco has completed the acquisition of the cutting tool division of Quimmco Centro Tecnológico (QCT), a subsidiary of the Quimmco Group. The cutting tool division acquired from QCT has three locations in Mexico to support customers and is a leading solid-carbide tooling manufacturer, specializing in custom products and reconditioning.

Marposs announces Aeroel MECLAB.T40 bench-top laser measurement system for measuring tools and blanks.

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.

Machining gears is still regarded by many machine tool operators as a true challenge and a realm reserved exclusively for specialists.

YG-1 has launched four new solid-carbide fiberglass routers for CNC or hand routers to handle machining processes for fiberglass and other high-performance fibers. The new routers are optimized in composition, cutting angles, flute strength and stability for longer life and lower cost per part, according to the company.

Renishaw Inc., a precision engineering and manufacturing technologies company, announced the appointment of Denis Zayia to the position of President of its U.S. operations.

Haimer USA LLC has announced a new partnership with TITANS of CNC, an organization that uplifts students, educators and the manufacturing workforce in over 170 countries worldwide.

July U.S. cutting tool consumption fell bo both a monthly and a year-over-year basis, according to a monthly report.

While the initial investment for a modular quick-change tooling system is higher than that of traditional toolholders, significantly improving the connection between spindles and tooling is well worth it.