Company News

Produced as an online complement to the October 2009 Productive Times article in Cutting Tool Engineering, this brief video looks at Myles Tool's decision to use a wheel truing machine from Rush Machinery.

When Seco Tools Inc. moved into its new headquarters in Troy, Mich., in July 2008, the toolmaker not only changed buildings, it also changed its corporate culture. Eighteen months after the facility opened, the company is still finding new uses for the modern, light-filled, 81,000-sq.-ft. building, according to Bob Goulding, manager of component engineered tooling and custom tooling.

Cutting Tool Engineering Editor Alan Richter sat down with Carlos Cardoso, the chairman, president and CEO of Kennametal Inc., at the recent IMTS 2008 show in Chicago.

The 7-minute report addresses Kennametal's goals for diversification and expansion globally, and how that has impacted the company's worldwide sales. Cardoso also notes tht Kennametal will continue co-development tools with others because that's what's best for customers.

And find out whether Cardoso sees any major acquistions or mergers in the near future for the industry.

U.S. moldmaking has been hit hard by overseas competition. Makers of molds for glass products face added pressure because alternate materials—mostly plastics—are replacing many glass applications. Quality Mould Inc., one of a handful of independent glass mold shops remaining in the U.S., machines molds for pressed-glass products. The shop combines traditional craftsmanship with CNC machining and CAM technology that set its products apart from those of overseas competitors. Quality Mould is also leveraging its longtime skills to diversify its customer base.