Industry News

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.

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

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

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.

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

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.

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.

Welding Alloys Group, a producer of advanced welding consumables, has entered into a strategic partnership with Meltio, a disruptive laser metal deposition technology manufacturer.

Open Mind Technologies, a developer of CAD/CAM software solutions worldwide, announced that together with Hermle USA and Fraisa USA, has teamed up to produce little Santas for helping with holiday preparations.

Now in its third year, the Tools for Schools program from Big Daishowa continues to grow, helping to support the next generation of manufacturers.

Xact Wire EDM has invested in three new machines to broaden its capabilities and capacity in its wire EDM, small hole and laser part marking services.

Scm Group, a leading multinational in technologies for machining a wide range of materials, signed the closing deal for the purchase of 51% of Mecal Machinery, specializing in the production of machinery and systems for processing aluminum, PVC and light alloys.