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Desktop Metal to Acquire EnvisionTEC

Desktop Metal, Inc. said it agreed to acquire EnvisionTEC, a provider of volume production photopolymer 3D printing solutions for end-use parts, for total consideration of $300 million.

YG-1 Introduces i-ONE Drill Inserts and Tool Steel Holders

The new i-ONE system of exchangeable micrograin carbide drill inserts and premium tool steel holders with coolant channels is based on coating advances and optimized designs for higher tool life and changeover speed, according to tool manufacturer YG-1.

Fuji Introduces Multitasking Machine

Fuji Machine has introduced its GYROFLEX Ultimate Multitasking Machine. According to Fuji, the GYROFLEX offers the flexibility to meet a variety of production demands, from low production volume and parts prototyping to high-volume and high-mixed production.

GWS Tool Group Acquires Taurus Tool & Engineering

GWS Tool Group has acquired Taurus Tool & Engineering. Taurus, based in Batavia, Illinois. It is the first acquisition in 2021 for GWS Tool Group, following three previous acquisitions in 2020.

Choose Digital, Choose the Right Drill

The Industry 4.0 & Smart Manufacturing Adoption Report by IoT Analytics suggests that Industry 4.0 technology uptake is still low among manufacturers.

Eliminating the Post-Processing Headache

Additive manufacturing, or 3D printing, has been a game changer in how products are designed, produced and manufactured. But 3D printed parts don’t just come out of the machine ready to use, sometimes intensive manual post-processing is required. Jeff Mize, CEO of PostProcess Technologies, sits down with Chris Mahar, Associate Editor, to discuss their automated post-processing technology and how fully digitalized additive manufacturing is further benefiting the industry.

Babcock Orders Three PEMA Shipbuilding Automation Lines

Babcock International Group has placed an order for a set of PEMA welding and production lines for shipbuilding at its Rosyth site in Scotland. In total, the order includes three lines; PEMA Thin plate panel line, PEMA Micro panel line, and PEMA T-beam fabrication line.

First Time’s the Charm

All shops want to be more productive and reduce downtime. For some, this means an investment in a high-end CNC machine tool. Others give quick-change toolholders a try, or pursue an IIoT (Industrial Internet of Things) machining strategy.