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.
Kyal Machine Tools Represents Mitsui Seiki in UK and Ireland February 12, 2020 Mitsui Seiki USA Inc., Franklin Lakes, N.J., has announced the appointment of Kyal Machine Tools Ltd. as its exclusive representative for machine tool sales and service in the United Kingdom and the Republic of Ireland.
February 2020 U.S. Cutting Tool Orders Down 4.2% from January April 16, 2020 February 2020 U.S. cutting tool consumption totaled $188.2 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
Avoiding Costly Defects October 14, 2020 Avoiding product defects—and quickly finding and fixing those that occur—is a critical priority for all manufacturers.
Investment Banking Practice Aimed at Robotics, Automation, AI Launched October 15, 2020 Cascadia Capital said it is launching one of the nation’s first emerging growth investment banking practice groups dedicated to Robotics, Automation, and Artificial Intelligence (RAAI).
Shops Use Shrink-Fit with Presetters for Toolholding Efficiency April 15, 2020 Unlike its name, the use of shrink-fit tooling is expanding. A shrink-fit toolholder starts with a slightly undersize bore that is heated to enlarge the inner diameter enough to accept a cutting tool and then grip the cutter as it cools and contracts.
Machine Components Help Improve Process Efficiency, Productivity June 30, 2020 There’s more to machining than machine tools and cutters. Shops also need an assortment of machine components to keep their CNC lathes and machining centers humming.
Measure Carbide Tools and Metal Blanks July 14, 2020 Marposs announces Aeroel MECLAB.T40 bench-top laser measurement system for measuring tools and blanks.
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.
Executive Discusses AI's Impact on Workers October 14, 2020 The CEO of an artificial intelligence company discusses how AI affects workers and how AI can be deployed well.