Cutting Tools

Scientific Cutting Tools (SCT), Simi Valley, Calif., has added the capability of coating its own cutting tools on premises in the form of a new coating machine from Platit which enables the coating of up to 500 tools in 4 hours.

It is a matter of course for manufacturers of rail and train components to ensure that quality products and services continue to be delivered to the industry every day. Increasing reliability through new tools, materials and machining techniques, as well as supporting productive and cost effective maintenance of existing infrastructure, is crucial.

Jarvis Cutting Tools is constructing a 500W AC solar panel array in front of its property in Rochester, N.H. Jarvis President Costikyan Jarvis said the solar project will help the company cut production costs and capitalize on incentives for producing solar energy, according to a report on fosters.com.

Indiana job shop cuts insert costs in half and triples tool life with Beyond Evolution grooving and cut-off tools, according to a case study submitted by Kennametal Inc.

For most manufacturers, the productivity of their CNC equipment can be measured in fractions of seconds when it comes to things like cutting or grinding cycle times and the intervals between tool changes. The performance of the spindle—the workhorse of the CNC machine—has a dramatic impact on that productivity.

March billings among 40 U.S. cutting tool companies increased 5.7 percent over February and 15.4 percent over January, according to a recent report from the U.S. Cutting Tool Institute (USCTI), which surveys U.S. cutting tool companies each month for USCTI's Current Business Report. Total billings in March reached nearly $166 million, compared to nearly $157 million in February and nearly $144 million in January.

NanoMech announced that it has secured $10 million in capital for leading its Series C Financing round from Saudi Aramco Energy Ventures (SAEV), the corporate venturing subsidiary of Saudi Arabia’s national oil company. This capital infusion and new global customer relationship with the largest producer of oil in the world will significantly accelerate NanoMech’s manufacturing of the most advanced nanoengineered and nanomanufactured lubricants, coatings and specialty chemicals, addressing major industries such as energy, transportation, aerospace, manufacturing, automotive, racing, agricultural equipment and military.