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Global toolholders market will top $1 billion by 2019
News June 7, 2019
Global toolholders market will top $1 billion by 2019
Global demand for toolholders, specifically arising from the automotive and defense and aerospace industries, will witness a relatively steady growth through 2028, as predicted by Future Market Insights (FMI) in its recently released market intelligence report.
Kevin Pahl promoted
News June 6, 2019
Kevin Pahl promoted
Cincinnati, OH -- Kevin Pahl has joined the sales team at Cleaning Technologies Group, LLC as a Regional Sales Manager, effective January 2019.
Hypertherm Inc. acquires Omax Corp.
News June 6, 2019
Hypertherm Inc. acquires Omax Corp.
KENT, Wash. and HANOVER, N.H.—OMAX Corporation, a manufacturer of abrasive waterjet systems, plans to join forces with Hypertherm, a U.S. based manufacturer of industrial cutting systems and software, following the signing of a definitive merger agreement that establishes OMAX as a wholly-owned subsidiary of Hypertherm.
Emuge Corp. appoints Shannon Filippelli
News June 6, 2019
Emuge Corp. appoints Shannon Filippelli
WEST BOYLSTON, MA U.S.A. – Emuge Corp., a manufacturer of taps, drills, end mills and other rotary tools, has appointed Ms. Shannon Filippelli as Marketing Manager, effective April 1, 2019.
Abtex Corp. adds business development manager
News June 6, 2019
Abtex Corp. adds business development manager
DRESDEN, NY – Abtex Corp., a manufacturer of customized, integrated machine/brush deburring solutions for the manufacturing industry, today announced that John De Leon has joined the company as Business Development Manager.
Industrial Tool Inc. names team leader
News June 6, 2019
Industrial Tool Inc. names team leader
Minneapolis, MN – Industrial Tool, Inc., a specialist in robotic automation systems, workholding fixtures, turnkey applications, and custom machining centers names Nick Archer as Team Leader for the ITI Sales Department.
Rising use of diamond tools creates significant opportunities
News June 6, 2019
Rising use of diamond tools creates significant opportunities
A new market study, titled, "Diamond Tools Market: Global Industry Analysis 2013–2017 and Forecast 2018–2028," studies the global diamond tools market and offers deep-dive analysis for the next 10 years. The report on the global diamond tools market estimates the key macroeconomic and forecast factors that are projected to drive the growth of the diamond tools market.
Hoffmann SE celebrates anniversary
News June 5, 2019
Hoffmann SE celebrates anniversary
Knoxville, Tenn. — Hoffmann Group USA today announced that its global headquarters is celebrating the centennial of the company's founding, and is doing so in great form.
Coherent Inc. creates Center of Excellence
News June 5, 2019
Coherent Inc. creates Center of Excellence
Santa Clara, CA – Coherent Inc. has significantly expanded its Gilching, Germany micromachining and sub-system facility, and completed the relocation of the company's laser marking group from nearby Gunding.

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