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U.S. Cutting Tool Orders Rise on Monthly Basis in February

February 2021 U.S. cutting tool consumption totaled $149.5 million, according to the U.S. 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 up 3.3 percent from January's $144.8 million and down 17.1 percent when compared with the $180.3 million reported for February 2020.

Siemens acquires TimeSeries

Siemens acquisition of TimeSeries to expand Xcelerator portfolio through development of industry-specific apps built on Mendix platform, help customers speed digital transformation through increased adoption of low-code

Deep Hole Drilling Demands Precise Coolant Control

Today’s deep hole drilling systems control coolant much the same as they would a machine’s spindle or axes. Careful management of coolant pressure, filtration, temperature and flow rate is key to optimizing deep hole drilling.