Machine tool orders surged in November, AMT – The Association for Manufacturing Technology said today in a monthly report.
Eaton said it has completed the acquisition of Royal Power Solutions, a U.S.-based manufacturer of high-precision electrical connectivity components used in electric vehicle, energy management, industrial and mobility markets.
Methods Machine Tools Inc. said it completed its acquisition of Texas-based Koch Machine Tool.
Waev Inc. has purchased the GEM and Taylor-Dunn businesses from Polaris Inc. in a management buyout completed Dec. 31. Terms were not disclosed.
Mary Barra, CEO of General Motors Co., used an appearance to reflect on her tenure and to play up the automaker's prospects.
July 2021 U.S. cutting tool consumption totaled $162.3 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
Walter has signed an agreement to acquire the U.S.-based GWS Tool Group, a manufacturer of solid carbide endmills and drills as well as HSS taps and PCD products.
The Association for Manufacturing Excellence has inducted Harry Moser, president of the Reshoring Initiative, into the AME Hall of Fame.
Manufacturers are looking to boost use of automation, according to a report by Ericsson released today. However, the report cautioned that may be easier said than done.
Methods Machine Tools, Inc. has signed an agreement with an intent to expand the territory of Maruka USA to now include North Dakota, South Dakota, Minnesota, Iowa, and Nebraska, as of Dec. 9.
