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GWS Tool Group acquiring STF Precision marks GWS’ third add-on acquisition in 2020.

Like just about every other manufacturing operation, welding has made the leap into the 21st century with automation, agile manufacturing processes, and offline programming.

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 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.

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

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.

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.

Grede said it has acquired some assets of Renaissance Manufacturing Group (RMG) Waukesha, LLC.

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.

Now on its third generation of family ownership, Tapmatic Corp. of Post Falls, Idaho, continues to thrive, and surprise.