Cutting Tools

Industrial surplus reseller Industrial Surplus Solutions Inc., St. Charles, Ill., has launched www.toolingmarketplace.com, an online resource for buying and selling surplus cutting tools. 

OSG Tap & Die Inc., Glendale Heights, Ill., will open a new regional service center in Forest Park, Ga., on Dec. 1. The 21,198-sq.-ft. facility will stock a complete line of OSG cutting tools including taps, end mills, drills and indexables, as well as other products including thread gages and toolholders. OSG expects to create at least 10 new warehouse and customer service positions with this expansion. 

OSG Tap & Die Inc., Glendale Heights, Ill., will donate over $85,000 in new tooling to the College of DuPage in Glen Ellyn, Joliet Junior College and the College of Lake County in Grayslake to support the schools' manufacturing technology programs. As part of this effort, Mike Grzybowski, OSG regional manager, delivered over $30,000 worth of tooling to the Manufacturing and Machining of the Business and Technology Division of the College of DuPage. Included with the tooling donation was other OSG training aids including wall and pocket decimal charts, catalogs and safety glasses.

On Oct. 16, Sandvik Coromant Co. celebrated the opening of a Productivity Center in its new U.S. headquarters in Fair Lawn, N.J. The company held a grand opening ceremony for the headquarters on July 1. The combined $26 million, 100,000-sq.-ft. facility includes office space, meeting facilities, the Productivity Center and an aerospace-focused Engineering Competence Center for customer training, engineering and process development.  

New York equity firm Uni-World Capital LP has acquired CNC machine tool builder Drake Manufacturing Services Co., Warren, Ohio.

BENZ Inc., Charlotte, N.C., has released new catalogs for its Solidfix, CAPTO and Trifix modular quick-change tooling systems. BENZ specializes in tooling systems for turning and milling machines such as live and static tools, angle heads, multi-spindle heads, spindle speeders, large scale drill heads, 5-axis heads, and its lines of modular tooling systems. BENZ tooling systems are engineered in Germany and sold and serviced in the U.S. and Canada by Benz Inc.

U.S. Shop Tools, Anaheim, Calif., has released its 2014/15 Express catalog. The 178-page catalog contains information and pricing on the company's most popular offerings, including chuck jaws, lathe chucks, lathe toolholder bushings, collet pads, live centers, internal lathe workholding, ER, TG, DA & AF collets, retention knobs, vise jaws, milling toolholders and indexable drills.

Methods Machine Tools Inc., a supplier of machine tools, automation and accessories, will hold an open house at its Tempe, Ariz. Technology Center on Nov. 5th and 6th from 10 a.m. to 5 p.m. each day.  Manufacturing professionals are welcome and encouraged to attend. For more information, click here.

Toolmaker Walter USA LLC, Waukesha, Wis., has expanded its Walter Xpress line to include specials with the addition of indexable insert tools for drilling, boring and counterboring. Using customer-specific parameters for drilling and boring applications, including diameter, number of steps (up to three), step lengths, chamfer angles, relevant cutting tool material options, insert shapes, machine features and cooling, the Walter configuration system designs the required tool and generates comprehensive documentation, including a 3D model.

On Sept. 10, the Guinness World Record for the "World's Largest Coin Mosaic" was broken during the International Manufacturing Technology Show (IMTS) in Chicago. In an effort to raise awareness of the role the manufacturing industry plays in the U.S. economy and the opportunities it presents for the next generation of workers, the mosaic incorporated more than $65,000 worth of coins to represent the amount of money manufacturing contributes to the U.S. economy each second.