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BIG Kaiser Precision Tooling has promoted Jack Burley to President/Chief Operating Officer, effective January 1, 2021. Chris Kaiser, BIG Kaiser President and CEO for 30 years, will take on the role of Executive Advisor.

Durable goods orders increased in September on transportation equipment, the U.S. Commerce Department said today.

Caterpillar Inc., the maker of heavy construction and mining equipment, today reported a sharply lower third-quarter profit as demand for the company’s products dropped.

In March 2020, the World Health Organization officially declared the novel coronavirus outbreak a pandemic. Manufacturers are dealing with the fact that the virus has exposed the fact that many domestic brands rely significantly upon China for fulfilling some, part, or nearly all, of their supply chain.

Processed Metal Innovators LLC (PMI), Bloomer, Wis., is a metal fabricator that produces hundreds of different stamped and welded metal parts for heavy equipment, automobiles, appliances, and more.

GWS Tool Group acquiring STF Precision marks GWS’ third add-on acquisition in 2020.

When it’s time to put threads in parts, particularly those made of difficult-to-machine materials, thread mills are often the right choice. Thread mills cut threads with a cutting head typically smaller than the hole, unlike taps that are sized to match the hole diameter.

Difficult materials and high-speed machining don’t just present problems for cutting tools. They can also push toolholders to their limits—and beyond. So manufacturers offer a variety of products designed to get the toolholding job done under extreme machining conditions.

August 2020 U.S. cutting tool consumption totaled $136.1 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.

Vision AI software company Neurala announced a new strategic partnership with global manufacturing leader IMA Group.