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ARCH Acquires American Tool Service

ARCH Global Precision (“ARCH”), a Strength Capital Partners and Main Post Partners platform company that is focused on manufacturing precision cutting tools, precision-machined industrial components, and medical implants and instruments has acquired American Tool Service and OrthoGrind (“ATS” and “OrthoGrind”), with locations in Fort Wayne, Indiana, and Indianapolis, Indiana.

SPONSORED BY 3M: Five Common Reasons Manufacturers are Bonding with Industrial Tapes

Manufacturers are always looking for ways to keep ahead of the competition. And with advancements in bonding technologies, they’ve been able to explore new ways in doing just that. Industrial-grade, double-sided acrylic foam tapes such as 3M™ VHB™ Tapes are increasingly being used in place of more traditional mechanical fasteners such as screws, rivets, bolts, and welds—in order to permanently bond components together.

Oerlikon Agrees to Acquire Scoperta

Oerlikon announced today that it has signed an agreement to acquire Scoperta Inc., an innovative solution provider in advanced materials development, based in California, USA.

Machinery Industry Is Healthy, Expanding

“We expect to see the world machinery market grow in the next five years,” said Arun Kumar a director at AlixPartners in a discussion he and I had recently.

How Bright is the Future of Automation?

In the 1955 short story “Autofac,” Philip K. Dick envisioned a world dominated by self-replicating robots that work incessantly, eventually depleting the planet’s resources.