ARCH Global Precision Acquires Siem Tool Co. July 10, 2019 ARCH Global Precision, Bloomfield Hills, Mich., a Jordan Company platform company focused on manufacturing cutting tools, machined components and medical implants and instruments, has acquired Siem Tool Co., Latrobe, Pa. Siem Tool is a manufacturer of custom solid-carbide drills, end mills, reamers, thread mills and form tools. Siem Tool will join ARCH’s Cutting Tools division.
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.
Survey: Manufacturers Behind the IIoT Curve September 10, 2019 Software AG (Frankfurt, MDAX: SOW) announced an original survey of over 125 North American manufacturers in the heavy industry and automotive sectors that revealed they are unable to scale their Industrial Internet of Things (IIoT) investments across their enterprises, and therefore are losing millions of dollars in potential profits while falling behind competitors that have invested in enabling technologies that support IIoT across the enterprise.
Methods Announces Mark Wright as President & CEO September 12, 2019 Methods Machine Tools Inc., a supplier of precision machine tools and automation, announced that its Board of Directors has appointed Mark Wright as its President and Chief Executive Officer effective September 13, 2019. Wright will assume all operating functions of Methods Machine Tools Inc., including the Sudbury headquarters and all seven direct offices throughout the United States as well as its national distribution network.
When Is Hard Turning the Right Solution? September 10, 2019 Hard turning has long been used for finishing when it comes to high-volume applications. Now, tooling suppliers have pushed cubic boron nitride (CBN) insert technology further, with geometric innovations that further increase the efficiency—and cost-effectiveness—of hard turning.
Haimer Displays i4.0 Readiness for Consistent Setups June 25, 2019 The keynote for Haimer USA’s May Open House at its headquarters in Villa Park, Illinois, was delivered by President Brendt Holden, who remarked that his company’s toolholding and related products are designed to provide consistent setup for their customers’ machining jobs.
New Sandvik Coromant Center to Open in the Heartland of Manufacturing Innovation and Technology November 4, 2019 Fair Lawn, NJ. Sean Holt, head of Sales Area Americas for Sandvik Coromant, announced a new Sandvik Coromant Center will open in Mebane, NC, a geography heavy with aerospace and automotive manufacturing and a strong culture of innovation.
Go Off the Charts for Toolholder Torque Settings October 10, 2019 For years, collet-type toolholder assembly and setup have relied on cumbersome, error-prone manual methods that waste time and money.
