Sandvik has signed an agreement to acquire 67 percent of Chuzhou Yongpu Carbide Tools Co., Ltd, a China-based maker of solid round tools, with a call option to buy the remaining part in three years.
More than 70 years after the first CNC lathe, toolroom models are as useful as ever.
BLM GROUP USA has added more processing power to its LS5 and LC5 flat sheet laser cutters with the new option of a 10kW fiber laser source.
Too much inaccuracy in G-code post processing for Swiss-style machines is hurting manufacturers.
CNC Software Inc., developer of the Mastercam CAD/CAM software platform, has announced that its U.S. industrial channel will now also serve its educational customers throughout the country.
Hanwha Aerospace USA has been recognized by Raytheon Technologies for excellence in quality, delivery and operational performance.
Sharpe Products recently installed a BLM Group LT7 4-kW laser cutting system. This equipment cuts round, square, rectangle and open profile pipe or tube up to 6" OD.
CGTech has released the latest version of its VERICUT software, Version 9.2. VERICUT CNC machine simulation, verification, and optimization software simulates CNC machining, additive, and hybrid manufacturing processes.
The U.S. has not been competitive, so companies sourced offshore to meet consumer and industrial demand for low-priced goods. Fortunately, however, a positive localization trend since 2010 indicates an increasing rate of reshoring by U.S. companies and foreign direct investment by foreign companies.
Rotary machines can help shops reduce their cost per part.