In March 2020, the World Health Organization officially declared the novel coronavirus outbreak a pandemic. Manufacturers are dealing with the fact that the virus has exposed the fact that many domestic brands rely significantly upon China for fulfilling some, part, or nearly all, of their supply chain.
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.