Cutting Tool Manufacturer Ceratizit Acquires Komet Group October 16, 2017 The Ceratizit Group (Mamer, Luxembourg) acquired the Komet Group (Besigheim, Germany) on Oct. 12, 2017. The transaction is still subject to the approval of antitrust authorities.
Sunnen Products Company acquires BTA Heller February 2, 2018 Sunnen Products Company has acquired BTA Heller Incorporated, a US-based manufacturer of deep hole tooling and systems for primary hole generation. This move aims to expand Sunnen’s honing expertise to include tooling for initial hole creation and other complementary bore sizing and finishing processes.
Machine Tool Orders Post Mixed Results in November January 15, 2018 Machine tool orders posted mixed results in November, slipping a bit on a monthly basis while recording a solid gain compared with a year earlier, according to a monthly report by the Association for Manufacturing Technology (McLean, VA).
Technology Tailored to Shop’s Machining Needs May 2, 2017 You don’t have to look too far to find tooling presetters that fit the machining requirements of just about any size shop. The value of off-line tool presetting—rather than stopping machine spindles to touch off tools as machines sit idle—continues to prove itself invaluable, especially to the smallest first-time user shops.
U.S. Cutting Tool Orders Up 0.2% In September 2019 YTD/YTD November 20, 2019 September 2019 U.S. cutting tool consumption totaled $195.9 million, according to the U.S. Cutting Tool Institute and The Association For Manufacturing Technology.
U.S. Cutting Tool Orders Up 3.3% In August from July October 17, 2019 August 2019 U.S. cutting tool consumption totaled $205.1 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
Kennametal Launches Additive Manufacturing Unit October 22, 2019 Kennametal Inc., Pittsburgh, has formed a 3D printing materials and production business unit, Kennametal Additive Manufacturing, as part of its Infrastructure segment.
New CCX CVD Coated Cermet Grade October 23, 2019 Kyocera Precision Tools, Hendersonville, N.C., has introduced a CVD Coated Cermet Grade for production in a wide range of finishing applications. The CCX Grade is a new technology composed of a unique, high-strength cermet insert with a thick layer of CVD coating.
U.S. Cutting Tool Consumption Up 10.1% in 2018, Tracks Economy’s Strength July 12, 2018 May U.S. cutting tool consumption totaled $215.13 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT—The Association For Manufacturing Technology.
Machine Tool Orders Slip on Monthly Basis in July, Post Gain Year-Over-Year September 10, 2018 Machine tool orders fell slightly on a monthly basis in July but posted a solid gain compared with a year earlier.
