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Latest Industry News

Industrial lubricants market embraces sustainability
News December 4, 2019
Industrial lubricants market embraces sustainability
Enhanced operational efficiency offered by industrial lubricants is bolstering their use in the constantly expanding manufacturing sector, as well as other industries such as power generation and oil and gas. Growing use of high-performance lubricants in these end-use industries is expected to drive market growth in the forecast period (2019-2027). As indicated by a new study, the global demand for industrial lubricants will progress moderately through 2027, reaching a value of US$ 28 Bn.
AB Tools meets growing insert demand with ANCA MX7 grinder
News December 4, 2019
AB Tools meets growing insert demand with ANCA MX7 grinder
At ANCA, the company's success has been underpinned by listening to its customer's needs. Rather than only offer a standard product range, the builder of grinding machines often delivers custom solutions. ANCA's engineering team can custom design mechanical, electrical, software and process solutions to enhance the standard product range and meet unique customer requirements.
Tooling Tech Group appoints Nate Ruhenkamp sales manager
News December 2, 2019
Tooling Tech Group appoints Nate Ruhenkamp sales manager
Macomb, Michigan-based Tooling Tech Group (TTG), a leading provider of highly engineered tools and automated assembly equipment to a wide range of industries, has announced that it has hired Nate Ruhenkamp as a sales manager for the company's compression mold and thermoform tooling offerings, as well as its Segen Quick Change standard products. He is responsible for managing this group's sales team, developing new business opportunities and creating synergy with the company's sales managers in the stamping, die casting and automation sectors.
Cobot handles multiple-operation machining task for medical device
News December 2, 2019
Cobot handles multiple-operation machining task for medical device
Toolcraft, a machine shop in Monroe, Washington, was immediately impressed by the 30 µm repeatability and built-in force/torque sensing in Universal Robots' new flagship line of collaborative robots. The company needed to automate a challenging, three-operation machine tending task inside its CNC machine and has saved 23% on production costs and increased throughput 43% by using the UR5e cobot.
Ceramic, plastic mass finishing consumables to account for 70% of consumption
News December 2, 2019
Ceramic, plastic mass finishing consumables to account for 70% of consumption
Sales of mass finishing consumables are primarily driven by the increasing demand for surface finishing from various end-use industries such as automotive, aerospace, and general and industrial engineering. As indicated in a new study, the global mass finishing consumables market is estimated to be valued at over US$180 million by the end of 2019, demonstrating moderate growth at a less than 5% CAGR during the forecast period, 2019 to 2029.
Toolholders fit shop’s up-close-and-personal part production
News November 27, 2019
Toolholders fit shop’s up-close-and-personal part production
Nueva Precision, Milliken, Colorado, is, for the most part, Eddie Casanueva and his wife Leandra operating out of a garage. And while many job shop owners would want to grow and expand their businesses, the Casanuevas are content with keeping the shop at its current size because, according to them, customers benefit from dealing directly with the person making their parts. This, as well as the shop's advanced manufacturing technology, makes Nueva Precision a trusted partner to its customers and an agile supplier.
Vigilance – The best protection against hacking
News November 27, 2019
Vigilance – The best protection against hacking
Digitization has its price. The networking of people, machines and companies not only increases productivity and sustainability, but also raises the risk of a cyberattack. The VDMA Cybersecurity Congress at METAV 2020 on March 11, 2020 offers potential ways of resolving this dilemma. Heinz-Uwe Gernhard is head of the VDMA Security working group and in his principal occupation is responsible for IT security at Robert Bosch in Stuttgart. In an interview he reveals his recipe for success: vigilance training for cyberattacks.
Test Equipment Distributors appoints Jeff Sengenberger sales rep for NDT
News November 26, 2019
Test Equipment Distributors appoints Jeff Sengenberger sales rep for NDT
Test Equipment Distributors LLC (TED) has appointed Jeff Sengenberger as sales representative for nondestructive testing (NDT) equipment and services. He is responsible for sales and technical support in the Midwest U.S., including Iowa, Illinois, Minnesota, Missouri and Wisconsin.
Monaghan Tooling Group hires Brett Scruggs as technical account manager
News November 26, 2019
Monaghan Tooling Group hires Brett Scruggs as technical account manager
Monaghan Tooling Group, Dayton, Ohio, welcomes industry veteran Brett Scruggs as a technical account manager. He will work out of his home office in northwest Indiana and is responsible for servicing existing accounts and developing new business in Indiana, Illinois, Wisconsin and Iowa.
Mazak Discover 2019 draws thousands of attendees
News November 26, 2019
Mazak Discover 2019 draws thousands of attendees
More than 2,000 manufacturers from across North America attended Mazak Corp.'s Discover 2019 event held Nov. 5-7 and 12-13 at the company's North American manufacturing headquarters in Florence, Kentucky. The event featured over 30 live machine tool demonstrations, and Mazak unveiled for the first time in North America several productivity-enhancing technologies such as its new Mazatrol SmoothAi control, as well as a new mixed reality training and service support system.

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