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Latest Industry News

Hypertherm to present plasma cutting solutions at CastExpo 2025
News February 26, 2025
Hypertherm to present plasma cutting solutions at CastExpo 2025
Hypertherm Associates, a U.S.-based manufacturer of industrial cutting systems and software, will showcase its Powermax® plasma cutting technology at the CastExpo & Metalcasting Congress 2025, which takes place April 12-15 in Atlanta, Georgia. Visit Hypertherm at booth 1110 to see live demonstrations and examine parts cut with Powermax technology.
Leeco Steel names new director of business excellence
News February 22, 2025
Leeco Steel names new director of business excellence
Leeco Steel, the largest supplier of steel plate in North America, has promoted Ben Kincheloe to Director of Business Excellence, effective January 16, 2025. In his new role, Kincheloe will lead continuous improvement efforts in addition to managing safety and quality processes.
Motion to acquire California-based industrial distributor
News February 18, 2025
Motion to acquire California-based industrial distributor
Motion Industries Inc., a distributor of maintenance, repair and operation replacement parts, and a premier provider of industrial technology solutions, signed a definitive purchase agreement to acquire the net operating assets of Thompson Industrial Supply, Inc.
Cutting tool orders end 2024 down 0.6% from 2023
News February 13, 2025
Cutting tool orders end 2024 down 0.6% from 2023
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT – The Association For Manufacturing Technology and the U.S. Cutting Tool Institute (USCTI), totaled $179.5 million in December 2024. U.S. cutting tool orders in 2024 drop 0.6% YoY compared to 2023.

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