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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 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 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 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.
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