Sandvik to Acquire Chinese Round Tools Maker August 4, 2021 Sandvik has signed an agreement to acquire 67 percent of Chuzhou Yongpu Carbide Tools Co., Ltd, a China-based maker of solid round tools, with a call option to buy the remaining part in three years.
IMCO Introduces M213 STREAKERS for Aggressive , High-Performance Machining of Aluminum Alloys June 10, 2021 IMCO Carbide Tool has launched a new series of endmills for extreme tool paths in aluminum alloys and provide superior surface finishes in aerospace industry applications.
Nikon Metrology’s NEXIV S-range now for in-line, automated metrology June 4, 2021 Two new models have now been added to Nikon Metrology's latest NEXIV S-range of CNC video measuring systems suitable for in-line, automated dimensional measurement tasks.
Toolholding: Built for Speed May 27, 2021 The evolution to high speed machining (HSM) is continuing and toolholders are playing a crucial role in that process, which includes the interlinking of machining center, programming, high-speed spindles, advanced cutting tools, balancing, and high-performance toolholders in order for shops to take full advantage of HSM.
Hardinge to Acquire Weisser July 21, 2021 Hardinge Inc. and J.G Weisser GmbH & Co. KG have entered into a definitive agreement under which Hardinge will acquire Weisser.
CGTech Releases VERICUT Version 9.2 July 2, 2021 CGTech has released the latest version of its VERICUT software, Version 9.2. VERICUT CNC machine simulation, verification, and optimization software simulates CNC machining, additive, and hybrid manufacturing processes.
Modular Building Unit Maker Boosts Productivity with Modular Workholding July 28, 2021 Zekelman Industries had a goal to deliver steel-framed, volumetric modular building units up to 50 percent faster, without cost overruns, built to 1/16” (1.59-mm) tolerance.
Sandvik to Acquire DWFritz Automation July 15, 2021 Sandvik will acquire DWFritz Automation, a U.S.-based provider of precision metrology, inspection and assembly solutions for advanced manufacturing. DWFritz designs, builds and supports high-speed, non-contact metrology solutions and automation systems.
April 2021 U.S. Cutting Tool Orders Up 26.3% from April 2020 June 11, 2021 April 2021 U.S. cutting tool consumption totaled $170 million. This total was down 4.3 percent from March's $177.6 million but up 26.3 percent when compared with the $134.6 million reported for April 2020.
March 2021 U.S. Cutting Tool Orders Up 18.8% from February 2021 June 8, 2021 March 2021 U.S. cutting tool consumption totaled $177.6 million, up 18.8 percent from February's $149.5 million and down 2.6 percent when compared with the $182.3 million reported for March 2020.