Industry News

Master Fluid Solutions, Perrysburg, Ohio, a marketer of metalworking fluid products, has appointed Kyle R. Stoffer as CFO.

Heidenhain Corp., Schaumburg, Ill., has hired Gisbert Ledvon as TNC business development manager in North America.

MachiningCloud Inc., Camarillo, Calif., and Garr Tool Co., Alma, Mich., have partnered to provide Garr Tool product data in the cloud.

Newton, Kan.-based Bunting Magnetics Co., which specializes in magnet and magnetic equipment design, manufacturing and distribution, has appointed Bill Wagner to the executive leadership team as the CFO.

Fives Landis Corp., Hagerstown, Md., a manufacturer of precision grinding solutions and grinding accessories, will open a technology center at its headquarters.

Florence, Ky.-based Mazak Corp. continues its advancement toward the complete digitization of all its manufacturing operations with the recent transformation of its Oguchi, Japan, facility into yet another Mazak iSmart Factory.

Absolute Machine Tools Inc., Lorain, Ohio, has hired David Grega as COO. He will oversee the operation of Absolute's technical centers in Lorain and Mason, Ohio; Livonia, Mich.; and Elgin, Ill.

Richmond, Ind.-based Osborn has picked Paul Dent to be its new director of sales for the Load Runners division.

Irvine, Calif.-based CGTech, creator of Vericut, and MachiningCloud Inc., Camarillo, Calif., have announced a Vericut enhancement in MachiningCloud software whereby Vericut customers can import cutting parameters from cutting tool manufacturers from within MachiningCloud directly into Vericut.

The Valley Morning Star (Harlingen, TX) reports on how tool and die technology at Texas State Technical College has given student and former college dropout Andy Juarez "a new lease on life." Juarez plans to get his associate degree this Fall. "After speaking to supervisors at Arlington-based United States defense contractor and industrial corporation, Raytheon, he has a position waiting for him immediately after he graduates." The whole story is at the link.

Riverside Tool Corp., Elkhart, Ind., a Techniks Industries company, has acquired Cape Coral, Fla.-based General Saw Corp.

Japan's manufacturing activity has fallen to an eight-month low in July, according to IHS Markit survey results. The Nikkei Flash Japan Manufacturing Purchasing Managers Index (PMI) for July is calculated to be a seasonally adjusted 52.2, following a 52.4 level in June. The Flash Manufacturing Output Index was pegged at at 51.4, down from 52.2 in June and the weakest growth in 10 months.