Industry News

News • March 15, 2024

Mastercam to acquire reseller, Cimquest

Sandvik announces the signing of an agreement to acquire the American company, Cimquest, which will be part of Mastercam, the world's #1 CAM software. Cimquest is a Mastercam Reseller located in New Jersey, United States.

News • March 14, 2024

Big Daishowa Tools for Schools program awards more than $20,000 in tooling certificates

Big Daishowa's Tools for Schools program provided $23,300 in tooling certificates for local high schools, vocational schools and colleges.

News • March 13, 2024

ARCH Cutting Tools acquires indexable and solid round tools manufacturer

ARCH Cutting Tools Corp. has acquired BMWG, LLC, a manufacturer of indexable and solid round tools, located in Gallatin, Tennessee

News • March 12, 2024

Sandvik Coromant names new president of the Americas

Sandvik Coromant has appointed Veronica Messersmith as President of the Americas, effective March 11, 2024.

News • March 8, 2024

ANCA celebrates 50 years of tool grinding progress

Family, fulfillment, and a fascination with technology are all part of a formula that has seen ANCA lead the demanding niche of CNC tool and cutter grinders for a half-century.

News • March 7, 2024

Haimer acquires 25% of Wintool; partners with TCM Group

The Haimer Group becomes a 25% shareholder in WinTool AG and agrees on a strategic partnership with the TCM Group, wHAIMER global distribution rights to WinTool and Toolbase.

News • March 6, 2024

United Grinding Mexico appoints managing director

United Grinding North America, a subsidiary of Swiss-based United Grinding Group, recently appointed Alonso Acevedo to the Managing Director position for its Mexico territory.

News • March 5, 2024

JR Machine adds two to leadership team

JR Machine, a contract manufacturer of complex machined parts, added two veteran executives to its leadership team to support its growth.

News • February 29, 2024

ModuleWorks Partners With DN Solutions on machine tool software

ModuleWorks, a software provider for the CAD/CAM industry, has partnered with DN Solutions, a CNC machine tool builder, involving equity investment and business cooperation.

News • February 27, 2024

Okuma America names new VP of engineering

Okuma America Corporation, a global manufacturer of CNC machine tools, controls and automation systems, has appointed Wade Anderson to the position of Vice President of Engineering & Factory Automation Division for the Americas.

News • February 26, 2024

Walter acquires Greenfield Industries

Walter Surface Technologies has acquired Greenfield Industries, a US-based manufacturer of branded and private label cutting tools.

News • February 23, 2024

Eriez names new representative for Northern Ontario

Eriez, a global leader in magnetic, metal detection, and materials handling solutions has appointed Alpha Industrial & Mining Supplies as its new sales representative agency in the Northern Ontario, Canada, region.