Industry News

News • May 24, 2018

Hexagon AB acquires Licom Systems GmbH

Hexagon AB, Stockholm, a leading global provider of information technologies that drive productivity and quality across geospatial and industrial enterprise applications, acquired sole ownership of Licom Systems GmbH, a German distributor of Alphacam CAM software for woodworking, metal and stone cutting.

News • May 24, 2018

Hexagon AB acquires ProCAM SRL

Hexagon AB, Stockholm, a leading global provider of information technologies that drive productivity and quality across geospatial and industrial enterprise applications, acquired ProCAM SRL, an Italian distributor of CAD/CAM solutions and complementary software.

News • May 24, 2018

Index Corp. names distributors

Index Corp., Noblesville, Ind., as part of a revitalized sales, marketing and service strategy, partnered with five new, highly qualified distributors and realigned sales territories.

News • May 24, 2018

Mike Roberts joins Kitagawa North-Tech Inc.

Kitagawa North-Tech Inc., Schaumburg, Ill., a standard chucks, advanced chucks, custom-engineered workholding and steady rests manufacturer, announced that Mike Roberts of ITEX Workholding joined the company as regional sales manager for the Southwest region of the U.S.

News • May 18, 2018

Does your state tax manufacturing machinery?

State sales tax bases are both too narrow and too broad.

News • May 18, 2018

Avantech adds larger, cutting-edge CNC equipment

Avantech recently added two new, large bridge-style CNC machines, significantly enhancing its capability to provide large-scale tooling for customers.

News • May 18, 2018

U.S. manufacturing output rises

U.S. factory output rose in April, although new estimates of manufacturing and overall industrial production showed less growth in prior months than initially believed, casting a shadow over the economic outlook.

News • May 8, 2018

Sandvik Coromant Co., Northern Alberta Institute of Technology celebrate partnership

Sandvik Coromant Co., Fair Lawn, N.J., and the Northern Alberta Institute of Technology, Edmonton, Alberta, extended their contract until 2022.

News • May 8, 2018

Tooling Tech Group acquires Century Tool Group

Tooling Tech Group, Macomb, Mich., acquired Century Tool Group, which is composed of Century Tool & Gage Co. in Fenton, Mich., and CTG Bel-Kur Automation in Temperance, Mich.

News • May 8, 2018

Kaast Machine Tools Inc. hires office manager

Machine tool distributor Kaast Machine Tools Inc., Ardmore, Pa., appointed Ebony Goldsmith office manager.

News • May 4, 2018

Mapal Inc. appoints CEO

Sidney Pimenta Paiva, 60, took over management of the U.S. subsidiary Mapal Inc. effective April 1.

News • May 4, 2018

Big Kaiser Precision Tooling Inc. celebrates anniversary

The precision tooling company founded by Heinz Kaiser in Rümlang, Switzerland, celebrates its 70th anniversary this year.