Industry News

HII, the McClean, Va.-based weapons developer, announced that its MissionTechnologies division was awarded a $209 million contract to support the development and sustainment of the U.S. Air Force's (USAF) fighter and bomber weapons systems and subsystems.

Joseph Farkas has been named director of sales west at Mitsui Seiki USA, a manufacturer of high precision CNC machine tools. He brings 30-plus years of sales and business management experience in the manufacturing sector to the Mitsui Seiki organization.

Terry Ritterbush has been appointed director of sales eAST at Mitsui Seiki USA. He has served in varying service support and sales capacities at the company for 20 years, all which bring a notable technical depth to his new role.

Norelem, a global manufacturer and supplier of standard components for mechanical engineering and industrial applications, is set to open a new facility in the U.S.

Walter has acquired PDQ Workholding LLC (PDQ), Columbia City, IN, specialist in workholding fixtures and tooling for various industries, including automotive and general engineering.

Travers Tool Company, which has corporate headquarters in Flushing, New York, and distribution centers in South Carolina and California, is celebrating its 100-year anniversary this year.

Accutek Inc., a US-based tool-holding and work-holding product company, is proud to announce our collaboration with National Machine Products based out of Huntsville, Alabama, to sell and service the EVOSET Presetter.

Hardinge Inc., a global leader and provider of advanced machine tool, manufacturing, and workholding solutions, has entered into an agreement in principle on an asset purchase agreement (APA) with an affiliate of Centre Lane Partners to sell substantially all of the company's business lines' operations and assets.

ARCH Cutting Tools Corp. announces the acquisition of O-D Tool & Cutter, Inc., a manufacturer of solid carbide and high-speed steel round tools located in Mansfield, Massachusetts.

Critical Manufacturing, a supplier of Manufacturing Execution Systems (MES) for Industry 4.0, entered into a strategic alliance with Loftware, the world's largest cloud-based Enterprise Labeling and Artwork Management provider.

Star Cutter Company will unveil its newest generation tool grinder – the FLX – at IMTS 2024. The 5-axis grinder offers high-efficiency carbide tool manufacturing within a compact footprint.

Claudio Gabos has been named the new chief sales officer of the Mapal Group and thus part of the Mapal Executive Team. He takes over the role from Siegfried Wendel. Gabos has been with MAPAL since 2015 and has been Managing Director of the Italian subsidiary of the precision tool manufacturer since 2017. He was […]