Laser Cutting

Though more than 30 percent revenue share of the global laser cutting machine market went to North America in 2014, a new market research report suggests that the Asia-Pacific market will make some significant gains over the next few years. The North American market remains the largest for laser cutting machines globally, but the Asia-Pacific market is expected to grow at a cumulative annual growth rate of 12.8 percent each year through 2020.

Precision components provider ARCH Global Precision, Livonia, Mich., has acquired two cutting tool manufacturers. ARCH purchased Flushing, Mich.-based Ultra-Dex Tooling Systems, including the Ultra-Dex USA branded product line and the Beamer Laser Marking Systems product line (collectively "Ultra-Dex") from Mark and Sharon Birchmeier. Ultra-Dex is a manufacturer of tooling systems, including indexable boring, milling and drilling systems, as well as tool holders, custom designed tooling and laser marking systems. 

Threading and grooving toolmaker Tool-Flo Manufacturing, Houston, has added polycrystalline diamond (PCD) and polycrystalline cubic boron nitride (PCBN) tools to its product line. The ultrahard materials allow for longer tool life when cutting abrasive materials such as graphite, hard rubber, plastics, carbon, fiberglass components, ceramics, wood, copper, bronze, brass and aluminum alloys, and permit higher removal rates and faster cycle times. 

Miyachi Unitek Corp., a Monrovia, Calif. manufacturer of welding equipment and laser processing systems, has changed its corporate name to Miyachi America Corp. The name change aligns Miyachi Unitek with other Miyachi Corp. companies around the world. The company will continue to use the Miyachi Unitek brand name.