U.S. cutting tool consumption totaled $198.9 million according to the United States. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was down 6.8 percent from May’s $213.4 million and down 6.3 percent when compared with the $212.4 million reported for June 2018.
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YG-1, Vernon Hills, Illinois, has added SV-Point spade drill inserts to its product line. The inserts provide longer tool life at higher spindle speeds and feeds than conventional spade drills, according to the company.
Charlie Novak Jr. has joined Arch Cutting Tools as Arch Specials Business Development and Coordinator. He will be located at Arch-Mentor, Mentor, Ohio, and report to Brent Sheerer, with a dotted line to Jeff Cederstrom.
Durable goods orders rose in October, paced by an increase in orders for fabricated metal products, the U.S. Commerce Department said.
Hurco Companies Inc. has partnered with BMO Automation to provide customers a tested automation solution that requires minimal integration, according to the companies.
Time is money and reliability is what a company’s reputation is built on. Chris Mahar, Associate Editor of Manufacturing Engineering, speaks with Mike Marr, Applications Technician at Hoffmann Group USA, about their Parabolic Performance Cutting (PPC) series and Garant Master Tap line. Discussing how manufacturers can reduce costs, provide process reliability and reduce machining times in both machining threads and 5-axis copy milling.
Every manufacturer aims for faster, better parts. While chip making time is often the focus when it comes to time savings, Chris Mahar, Associate Editor of Manufacturing Engineering, talks with Steven Baier, Vice President of Sales for Haimer USA, about time savings that go beyond cutting time.