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Latest Industry News

Trade fair for deburring technologies and precision surfaces is set
News August 26, 2019 Doris Schulz
Trade fair for deburring technologies and precision surfaces is set
At the DeburringEXPO from Oct. 8-10, 2019, over 170 exhibitors will present innovative and advanced technologies, products and services for quality-critical production steps. This unique range of exhibitors is complemented by an attractive frame programme with theme parks, research pavilions and a bilingual expert forum.
‘Energy efficiency’ becomes key marketing touchpoint of bandsaw market
News August 21, 2019
‘Energy efficiency’ becomes key marketing touchpoint of bandsaw market
Worldwide sales of bandsaw machines is estimated to total about 200,000 units in 2019, with an estimated increase of about 3% year over year, according to the recent research study. The bandsaw machines market is set for an unwavering growth through 2029, primarily driven by growing focus on effective cutting technologies that promise high functionality for varying applications.
MxD to develop a manufacturing cybersecurity workforce development program
News August 20, 2019
MxD to develop a manufacturing cybersecurity workforce development program
MxD announced a comprehensive workforce development program for cybersecurity in manufacturing, underwritten with a $1.25 million grant from the Siemens Foundation. The grant will fund the development and implementation of a highly skilled cybersecurity for manufacturing initiative as part of MxD's workforce strategy known as MxD Learn.
Servo motors and drives sales benefit from rising factory automation
News August 20, 2019
Servo motors and drives sales benefit from rising factory automation
The global servo motors and drives market was valued at about US$ 9 Bn in 2014, and is expected to surpass US$ 12 Bn by the end of 2019. The servo motors and drives market is expected to grow at a CAGR of about 8% between 2019 and 2029, and is estimated to reach a global value of about US$ 28 Bn by the end of 2029.
Affolter Group celebrates its 100-year anniversary
News August 19, 2019
Affolter Group celebrates its 100-year anniversary
In 1919, Louis Affolter, the second child of the watchmakers Samuel and Marie-Louise Affolter, founded his own company and started to produce gears and pivots for the Swiss watch manufacturers in the area. 100 years later, nine Affolter family members work in the high-tech enterprise Affolter Group and its daughter companies Affolter Technologies and Affolter Pignons.
ATA Tools Group Ltd. acquires Karnasch Professional Tools GmbH
News August 15, 2019
ATA Tools Group Ltd. acquires Karnasch Professional Tools GmbH
ATA, an Irish-owned and Cavan-headquartered international precision engineering group with facilities in Ireland, the UK and the USA, has acquired Karnasch Professional Tools GmbH located in Heddesheim, near Mannheim and in Gorsdorf, near Berlin.

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