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Walter to Acquire GWS Tool Group

Walter has signed an agreement to acquire the U.S.-based GWS Tool Group, a manufacturer of solid carbide endmills and drills as well as HSS taps and PCD products.

SMW Autoblok Acquires Tecnomagnete

SMW Autoblok Group, a provider of industrial workholding solutions, has acquired Tecnomagnete, the world’s leading manufacturer of permanent electromagnetic clamping and lifting systems.

Checking Up on Tool Monitoring

Machine shops use a variety of techniques to track the condition of their cutting tools, ranging from simple to sophisticated. No matter what monitoring method is used, it can be crucial in preventing catastrophic tool failure. At its best, monitoring also significantly boosts tool life and slashes tooling costs.

LIMS Edge Device Expedites Entry into Industry 4.0 Production, Competitiveness

LIMS—the Low Investment Manufacturing System—is an unassuming little box consisting of a computer with proprietary Solution Engine software and an I/O hub that plugs into a standard outlet. When wired at the edge of a piece of production equipment, it becomes a simple solution for collecting and sharing complex sensor-derived data.

CERATIZIT to Host Global Live Event: “It’s Tool Time!”

CERATIZIT Group will host a global online event, “It’s Tool Time,” on Thursday, June 17 featuring experts who will focus on the value of process optimization through a variety of interactive machining demonstrations and presentations.