Industry News

LINCOLNSHIRE, Ill. – GF Machining Solutions has announced that it will expand distribution channels and regional sales to further invest in its capability to deliver advanced manufacturing technology to customers throughout North America.

DAYTON, Ohio—Five-axis coordinate measuring machine OEM AIMS Metrology announced the hiring of Chris Brown as national sales manager.

Waukesha, WI—Walter, a cutting tool manufacturer has announced the appointment of two new regional channel development managers to support its overall sales organization, channel partner relationships and aggressive business growth strategy.

Cleveland, TN – voestalpine eifeler Coatings today announced the opening of their newest coatings facility in Cleveland, Tennessee, thirty minutes north of Chattanooga on Interstate 75.

[FRANKLIN LAKES, NJ] Mr. Kinichi Kato has been named President of Mitsui Seiki Kogyo, Ltd., the parent company of Mitsui Seiki USA, Inc.

Rockford, IL – Bourn & Koch, an American manufacturer of new precision machine tools, today announces that its parent company, Alleghany Capital Corporation, has acquired Coastal Industrial Distributors LLC, (doing business as CID Performance Tooling); and has formed a new holding company for its subsidiaries in the machine tool and consumable cutting tool sectors.

Grand Rapids and Macomb, Mich. – Mary Nicholson has been named president of Die Cad Group, a Tooling Tech Group (TTG) company that specializes in engineering and tooling design services for the metalworking and plastics industries.

[Hazlet, NJ] High QA, Inc., the developer of Inspection Manager™ Quality Management Software, has appointed Christopher (Chris) Mendicino to the position of Vice President of Professional Services and Jim Moroz to the position of Senior Software Support Applications Engineer.

SCHUNK will now be assembling grippers in the US.

Milwaukee, WI— PFERD INC., a global manufacturer of abrasives, brushes and power tools, has announced the appointment of Rafael Astacio to the position of Vice President, Sales.

The global cutting tool inserts market is likely to account for ~US$ 18.1 Bn by the end of the assessment year 2019, and is estimated to expand at a CAGR of ~7.0% during the forecast period of 2019-2029. Among the type of material, the carbides segment is anticipated to grow at a noteworthy rate, owing to their cost effectiveness and durability, thereby contributing to the relatively high growth rate of the carbides segment over the forecast period.

A leading provider of manufacturing execution systems (MES), Critical Manufacturing, Porto, Portugal, has announced that its new strategic partnership program is rapidly gaining momentum to enhance its global presence. Critical's newly forged relationships with leading service providers will benefit customers globally in industries across complex high-tech discrete industry segments, including semiconductor, electronics assembly and PCB, medical devices, aerospace and defense, and automotive.