Industry News

The Swedish investor Indutrade AB, which is listed on Nasdaq Stockholm, is the new owner of the tool manufacturer Inovatools Eckerle & Ertel GmbH from Kinding-Haunstetten, Germany, which is also represented in English-speaking regions such as the U.S. by Inovatools USA LLC and the sales partner Fast-Tools LTD in Great Britain.

Rego-Fix Tool Corp., Whitestown, Ind., announced that Pascal Forrer joined the company's Tenniken, Switzerland-based management team as its global sales and marketing director.

SIC Marking's headquarters in France have recently started a building expansion to create more production and office space to efficiently handle market demand.

ANCA Inc., which makes CNC tool and cutter grinders and manufacturing software, invites the industry to attend the opening of its plant expansion May 23 and 24 in Wixom, Mich.

Mazak Corp., Florence, Ky., made organizational changes aimed at empowering customers with rock-solid services and support.

United Grinding North America Inc., Miamisburg, Ohio, appointed two regional sales managers to further strengthen applications, service and sales support for the company's full array of cylindrical solutions.

Knuth Machine Tools USA Inc. is celebrating its 15th anniversary.

Precision Drive Systems LLC, Bessemer City, N.C., a global provider of high-speed precision spindle motors, support and spindle repair, promoted Calvin Stiles to national sales manager.

Photonics company Jenoptik Optical Systems LLC, Jupiter, Fla., appointed three international executives to its executive management board.

With new ownership, governance, investment, leadership and professional manufacturing focus, Continental Casting LLC, Monroe City, Mo., has become Arcadia Metalcraft, a manufacturer of lighter die cast and precision-machined components for automotive and other industries.

AXYZ International Inc., Burlington, Ontario, a manufacturer of CNC router systems and CNC knife systems, acquired WardJet Inc., Tallmadge, Ohio, which manufactures waterjet cutting machines and offers custom waterjet solutions to a variety of industries.

Marposs Corp., Auburn Hills, Mich., a manufacturer of measurement and process monitoring technologies, acquired BPMA, Le Pin, France, a specialist in the design and manufacture of jet engine tooling and mechanical equipment for the aerospace industry.