Industry News

On June 24, Feintool officially inaugurated its first production facility in India, located in the industrial hub of Pune. Production is now being ramped up to fulfil initial customer orders, with a focus on fineblanked automotive components. At the opening ceremony, CEO Lars Reich underlined the strategic relevance of the new site: “Feintool is proud […]

Max Eickworth GmbH, a Germany-based manufacturer of aviation and aerospace components, recently integrated a FZP27 portal milling machine from Zimmermann Machining Solutions. Located in Bremen-Arsten, Germany, the 106-year-old ofcompany purchased a CNC 5-axis gantry machine FZP27 to expand their production capabilities. Equipped with a machining center for large volume components in aluminum or ureol, the […]

Tungaloy Corp.’s new AI-powered assistant, named Gabby, designed to help metalworking professionals identify suitable tooling solutions through natural language interaction. Selecting the right cutting tool often requires evaluating multiple variables, from workpiece materials and machining operations to cutting conditions and tool geometries. Accessing the right information quickly is essential for maintaining efficient and stable machining […]

Shipments of cutting tools, measured by the Cutting Tool Market Report, a collaboration between AMT – The Association For Manufacturing Technology and the U.S. Cutting Tool Institute (USCTI), totaled $258.9 million in April 2026. The value of shipments decreased 0.1% from March 2026 but was up 21.1% from April 2025. Year-to-date shipments totaled $964 million, […]

Collins Aerospace, an RTX business, has opened its newly expanded, 22,000-square-meter manufacturing facility in Tajęcina, Poland. The $69 million expansion will support an increase in landing gear system production capacity by nearly 25% for both commercial and defense aircraft programs. The site will create approximately 190 new jobs this year. “Collins is making a long-term […]

Bruntwood SciTech, a UK property provider dedicated exclusively to the science, technology, and innovation sectors, and ZEISS have announced a strategic partnership designed to support life science research and accelerate innovation across the UK. The partnership brings the advanced imaging expertise of ZEISS into Bruntwood SciTech’s network of life science campuses, providing researchers and growing […]

Ceratizit USA announced that Mark Frost has joined the company’s Midwest team as a technical sales engineer for the cutting tool division. Frost brings 33 years of experience in the metalworking industry to his role at Ceratizit. With hands-on experience “making chips,” he is known for fine-tuning tooling applications to improve performance beyond standard recommendations. […]

Platinum Tooling, the importer and master distributor of live tools, angle heads, Swiss machine products, knurling tools and marking tools manufactured by various international suppliers has partnered with a new sales representative firm, Technical Tool & Gage, Inc. in Murrieta, California. The firm will sell Platinum Tooling products in Arizona, Southern California, Colorado and New […]