Industry News for all/
12/16/2024
Shipments of cutting tools, measured by the Cutting Tool Market Report produced by AMT - The Association For Manufacturing Technology and the U.S. Cutting Tool Institute (USCTI), totaled $212.5 million in October 2024. That's up 12.6% from the previous month but down 0.2% compared to October 2023. Year-to-date shipments through October 2024 totaled $2.07 billion, an increase of 0.6% from shipments made between January and October of 2023. The 2024 YTD growth rate, however, has declined every month since April.
12/16/2024
Welding Alloys Group, a producer of advanced welding consumables, has entered into a strategic partnership with Meltio, a disruptive laser metal deposition technology manufacturer.
12/13/2024
Open Mind Technologies, a developer of CAD/CAM software solutions worldwide, announced that together with Hermle USA and Fraisa USA, has teamed up to produce little Santas for helping with holiday preparations.
12/12/2024
Now in its third year, the Tools for Schools program from Big Daishowa continues to grow, helping to support the next generation of manufacturers.
12/11/2024
Xact Wire EDM has invested in three new machines to broaden its capabilities and capacity in its wire EDM, small hole and laser part marking services.
11/26/2024
National Park College has been awarded a $6 million Higher Industry Readiness through Educational Development (HIRED) grant from the Arkansas Department of Commerce to construct a state-of-the-art 12,000-square-foot welding and metalworking facility.
11/21/2024
Shipments of cutting tools, according to the Cutting Tool Market Report compiled in a collaboration between AMT - The Association For Manufacturing Technology and the U.S. Cutting Tool Institute (USCTI), totaled $188.7 million in September 2024. Although 2024 year-to-date (YTD) shipments through September reached $1.86 billion and remain ahead of last year's totals by 0.7%, month-to-month orders decreased 10% from August 2024, and were down 6.3% from September 2023.
11/20/2024
Students in Itawamba Community College’s Precision Machining Technology program have a new toolbox, courtesy of a $20,000 grant by the Gene Haas Foundation.
11/19/2024
Flex Machine Tools, an American manufacturer and provider of machine tool solutions worldwide for metal fabrication operations, will host an Open House Event at Flex headquarters in Wapakoneta, Ohio, on Thursday, Dec. 5, 2024, from 9:00 a.m. through 4:00 p.m.
11/14/2024
Metal Supermarkets, a supplier of small-quantity metals, named the six winners of its 10th annual Metal My Way contest.
11/08/2024
Since May 2024, Intercable Tools GmbH, a more than 50-year-old manufacturer of connection technology and tools, has been using ultrasonic deburring technology from the German company UltraTEC innovation GmbH, part of the VOLLMER Group, to remove burrs from hydraulic units automatically and in a contact-free manner.
10/31/2024
Global standards organization ASTM International has been selected to launch a center of excellence focused on supporting standardization of critical and emerging technologies (CETs).
10/30/2024
Wintriss Controls Group has added flexible and affordable purchase options for ShopFloorConnect® OEE, Production Tracking, and Data Collection software, which allows users to quickly and easily leverage data from their machines.
10/24/2024
ABB Robotics is sponsoring MassRobotics, a leading innovation hub and startup accelerator for robotics in the United States.
10/23/2024
ModuleWorks, a leading innovator in toolpath generation and simulation technology for digital manufacturing, and Toolpath, a developer of a new cloud-based, AI-driven manufacturing workflow automation platform, have signed a multi-year Technology Partnership focusing on accelerated deployment of innovative cloud computing technology for machining estimation and CAM automation.
10/22/2024
MSI Viking, a distributor of precision metrology systems and calibration services, has expanded its long-standing partnership with Mahr, a global leader in high-precision metrology instruments.
10/22/2024
Universal Robots, the Danish collaborative robot (cobot) company, has today presented for the first time the UR AI Accelerator – a ready-to-use hardware and software toolkit created to further enable the development of AI-powered cobot applications.
10/17/2024
Zoller Inc. selected the winners of its inaugural Toolroom of the Year competition during the 2024 International Manufacturing Technology Show in Chicago.
10/17/2024
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT - The Association For Manufacturing Technology and the U.S. Cutting Tool Institute (USCTI), totaled $209.3 million in August 2024. That represents an increase in tool orders of 9.1% from July to August of this year, but down 4.5% from August 2023. Year-to-date (YTD) shipments through August totaled $1.67 billion, up 1.5% from shipments made in the first eight months of 2023. The YTD growth rate has declined every month since April 2024.
10/15/2024
CGTech unveiled a new identity as it rebrands to Vericut. The company said this strategic change marks a significant milestone in its evolution and "underscores its commitment to innovation, efficiency, and excellence in manufacturing technology."