Aerospace

DRESDEN, NY – Abtex Corp., a manufacturer of customized, integrated machine/brush deburring solutions for the manufacturing industry, today announced that John De Leon has joined the company as Business Development Manager.

Setco is pleased to announce the opening of its fifth North American Service Center in Ramos Arizpe, Coahuila, Mexico.

Doosan Machine Tools hosted a record number of attendees from 50 countries at the 2019 edition of the Doosan International Machine Tool Fair (DIMF) held in Changwon, South Korea. A total of 80 machines were on display, including 38 new or upgraded models.

Loyal to the motto "Where the customer is, we will be," Mapal established an additional subsidiary in Fountain Inn, South Carolina.

Scappoose, Oregon – The Oregon Manufacturing Innovation Center Research and Development (OMIC R&D) welcomed Sugino Machine Limited in January 2019 as its 23rd member.

Wetmore Tool and Engineering of Chino, California, has been acquired by Dormer Pramet, the global manufacturer of cutting tool brands Precision Twist Drill, Dormer, Union Butterfield and Pramet.

FLORENCE, Ky. – Mazak distributor Magnum Precision Machines, serving Arizona, New Mexico, Southern Nevada, West Texas and parts of Northern Mexico, will host a special grand opening to celebrate its new, Arizona headquarters located in Phoenix.

The market performance of the machine tool sector is highly dependent on commodity prices, macroeconomic conditions and sector performance (e.g., automotive, construction, aerospace, and ship building). According to IHS Markit Economy and Country Risk (ECR) information, a global recession is highly unlikely to occur in 2019. However, due to weaker global trade, pollical uncertainties, and other headwinds, global machine tools production revenue will only begin to improve late in 2020 or early in 2021.

Boeing Co. has begun a sweeping transformation of its quality system, including the use of smart tools and automation. It also will eliminate thousands of quality checks because they are no longer necessary. The company told its union that it will cut about 450 quality inspector positions this year and potentially a similar number next year.