Industry News

News • January 2, 2025

Walter USA opens Walter Americas Campus in S.C.

Walter USA recently announced its new Walter Americas Campus in Greer, South Carolina, which became operational as of Jan. 1, 2025. The facility is equipped with state-of-the-art machinery, testing labs, and collaborative workspaces designed to meet the diverse needs of our customers and partners.

News • January 2, 2025

Mazak opens new customer solutions center

Mazak has opened a new Customer Solutions Center in Florence, Kentucky, which the company says specializes in developing production-ready, custom automation solutions that allow manufacturers to overcome existing labor issues while increasing production output.

News • December 31, 2024

Raytheon’s long-range solid rocket motor takes off

Raytheon, an RTX business, and Ursa Major's long-range solid rocket motor completed a successful missile flight test for the U.S. Army.

News • December 30, 2024

HWR Workholding USA moves into new facility

As HWR Workholding USA enters its third year of business in the US, the company announced that it had moved to a larger facility.

News • December 27, 2024

Tennant promoted to CEO at OSG

OSG USA Inc., St. Charles, Illinois, has promoted Jeff Tennant to chief executive officer for the OSG North America Group, wich includes OSG Canada, OSG Royco, and Amamco. Tennant also will serve as president and CEO of OSG USA and continue to serve as a member of the board of directors and as an executive officer of the OSG Corp. representing the OSG North American Group.

News • December 27, 2024

Renishaw co-founder, touch probe inventor David McMurtry has died

Renishaw plc Co-founder David McMurtry has died at age 84. The Gloucestershire, U.K.-based company he began with the invention of a touch probe in 1973 now has more than 1,800 patents and some 5,000 employees across 36 countries. McMurtry invented or co-invented more than 150 of the engineering firm's products.

News • December 26, 2024

thyssenkrupp Materials acquires Cobotix Manufacturing

Southfield, Michigan-based thyssenkrupp Materials NA has acquired Cobotix Manufacturing Inc., a precision metal fabricator that specializes in working with copper and aluminum.

News • December 24, 2024

Vollmer expands management team

Vollmer is focusing on the future with and expanded management team. Starting January 1, 2025, Tobias Trautmann will join the management team.

News • December 23, 2024

Vollmer’s ‘Miss Vollmer’ celebrates centennial birthday

Sieglinde Vollmer, affectionately known as "Fräulein Vollmer" ("Miss Vollmer"), celebrated her 100th birthday on November 30, 2024, and marked the occasion at the Technology and Training Center of the cutting tool specialist Vollmer in Germany.

News • December 18, 2024

Mastercam announces leadership transition

Mastercam, a global leader in CAD/CAM solutions, has appointed Russ Bukowski as interim President, effective Dec. 16.

News • December 17, 2024

Cincinnati Inc. names incoming president & CEO

Cincinnati Incorporated, a provider of built-to-order machine tools, announced that Timothy Warning will be stepping down as president & CEO effective Jan. 1, 2025. At that time, Alan Oak will assume the company's leadership position.

News • December 17, 2024

Cutting Tool Orders See October Rebound Amid Yearlong Slowdown

Shipments of cutting tools, measured by the Cutting Tool Market Report produced by AMT - The Association For Manufacturing Technology and the U.S. Cutting Tool Institute (USCTI), totaled $212.5 million in October 2024. That's up 12.6% from the previous month but down 0.2% compared to October 2023. Year-to-date shipments through October 2024 totaled $2.07 billion, an increase of 0.6% from shipments made between January and October of 2023. The 2024 YTD growth rate, however, has declined every month since April.