Industry News

Competitive Carbide Inc., designer and builder of special indexable cutting tools, solid-carbide round tools and PCD-tipped round tools, acquired an adjacent building, nearly doubling manufacturing space to 25,000 sq. ft.

CNC Software Inc., Tolland, Conn., developer of Mastercam CAD/CAM software, is partnering with NASA's program High Schools United With NASA to Create Hardware, or HUNCH.

Techniks Industries, Indianapolis, a portfolio company of Audax Private Equity, rebranded to Frontline Tooling Solutions.

Oberg Industries Inc., Freeport, Pa., a full-service contract manufacturer of precision machined and stamped components located north of Pittsburgh, acquired X-L Engineering Corp., Niles, Ill.

Wall Colmonoy Corp., Madison Heights, Mich., a global materials engineering group of companies engaged in the manufacture of advanced metal coatings and components, was established in 1938 in Detroit by Albert F. Wall.

PMT Group Inc., Bridgeport, Conn., parent company of Moore Tool Co. Inc., Moore Nanotechnology Systems LLC and Producto Corp., appointed Mark Boomgarden president and CEO of Moore Tool and Moore Nanotechnology Systems.

Bob Hudson of New South Whales, Australia, responded to my April 11 blog titled "Assisting manufacturers with augmented reality."

One of the more common problems I have seen in my years in the machine shop is a general lack of readily available and handy information on machine shop math, specifically on feeds, speeds and related formulae, writes Kevin Mulhern. "Whether you are programming a 5-axis CNC machine or turning handles on a 60-year-old knee mill, the numbers don't lie. However, one very important lesson I have learned is to respect the variables."

Swedish engineering group Sandvik will buy French software company Metrologic Group for 360 million euros ($435 million) on a cash and debt-free basis to boost its digital manufacturing capabilities. Metrologic Group's software includes automation and robotics control, as well as services for calibration and 3D measuring. It is used in the automotive, aerospace, energy and general engineering sectors, among others.

Celebrate the grand opening May 2 and 3 of Morris Midwest LLC's office and tech center at 2323 Corporate Drive in Waukesha, Wis. See live cutting demonstrations on CNC machines from leading builders integrated with tooling, accessories, software, automation and more. Discuss manufacturing challenges with Morris Midwest's productivity specialists, application engineers and technology partners. Learn about best practices and the latest advances in manufacturing. Network with industry leaders and peers. Enjoy a free, hot lunch; snacks; coffee; and other refreshments.

If you're an exhibitor planning to showcase a product or service at IMTS 2018, please click here to send a press release and image of the product or service to Cutting Tool Engineering Editor Alan Richter.

There are many advantages to financing your equipment purchases instead of paying cash. Stearns Bank vice president of business development, Michelle Fuchs, has helped many businesses reap the benefits of commercial equipment financing. They've learned that financing, rather than cash, is the best approach for the long-term health of their business.