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.
Greenleaf Corporation introduced its carbide insert grade G-9610 for higher material removal rate and longer tool life.
SMW Autoblok Group, a provider of industrial workholding solutions, has acquired Tecnomagnete, the world’s leading manufacturer of permanent electromagnetic clamping and lifting systems.
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.
As the 2022 SME president, I hope to build on the successes of my predecessors with a particular emphasis on workforce development and especially the workforce itself.
