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Autonomous Mobile Robots Drive Manufacturing Versatility

Robotics have come a long way since the first industrial robot was installed at General Motors. Denise Ebenhoech, Regional Head of Advanced Robotics Applications at KUKA Robotics, sits down with Chris Mahar, Associate Editor, to discuss recent developments within mobile robots. From cleans rooms to job shops to moving entire airplane assemblies, autonomous mobile robots are helping manufacturers succeed in today’s advanced manufacturing landscape.

Walter Acquires Melin Tool Co.

Walter has reached an agreement to acquire the Melin Tool Co., a privately-owned, Cleveland-based company and manufacturer of solid-carbide and HSS end mills, drills and countersinks.

Caterpillar Profit Rises Despite Lower Revenue

Caterpillar Inc. today reported higher fourth-quarter profit as expense controls made up for lower revenue. The Deerfield, Illinois-based maker of earthmoving machines and heavy equipment also warned of “continued global economic uncertainty” in 2020.

Advanced Lasers Meet Diverse Needs of Tooling Group

Advanced laser technology has been instrumental in making the four affiliated companies of the Diversified Tooling Group, Madison Heights, Mich., into a leading supplier of single-source manufacturing solutions to the automotive, heavy truck, defense, industrial equipment, power generation, rail and foundry industries.

Industrial M&A Falls in 2019

Industrial merger and acquisition activity fell in 2019 because of slowing economies and trade uncertainty, consulting firm PwC said in a report.

GWS Tool Group Announces Acquires North American Tool Corp.

GWS Tool Group announced it has acquired North American Tool Corp. (NATC). It is the second add-on acquisition in 2020 for GWS. Located in South Beloit, Illinois, North American Tool is a supplier of special taps, dies, and gages.