GWS Tool Group acquiring STF Precision marks GWS’ third add-on acquisition in 2020.
When it’s time to put threads in parts, particularly those made of difficult-to-machine materials, thread mills are often the right choice. Thread mills cut threads with a cutting head typically smaller than the hole, unlike taps that are sized to match the hole diameter.
Difficult materials and high-speed machining don’t just present problems for cutting tools. They can also push toolholders to their limits—and beyond. So manufacturers offer a variety of products designed to get the toolholding job done under extreme machining conditions.
August 2020 U.S. cutting tool consumption totaled $136.1 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.