Industry News

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.

AMPCO Metal has acquired the Schmelzmetall Group, a Swiss-based producer of copper alloys, including Beryllium-containing alloys and other high copper alloys such as CuCrZr and CuNiSi.

France-based metalworking fluids and lubricant supplier Motul acquired Chem Arrow Corp. Terms of the transaction were not disclosed.

Switzerland-based automatic lathe pioneer Tornos has selected premier advanced machining solutions provider Ellison Technologies as its partner in key United States markets.

BlackHawk Industrial, a distributor of metalworking and other mission-critical industrial products, has appointed Marco Morgado as general manager of the Northeast Region.

National Park College has been awarded a $6 million Higher Industry Readiness through Educational Development (HIRED) grant from the Arkansas Department of Commerce to construct a state-of-the-art 12,000-square-foot welding and metalworking facility.

Lyndex-Nikken, manufacturer and provider of machine tool accessories and automation, has promoted Osmar Takeuchi to president.

Shipments of cutting tools, according to 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 $188.7 million in September 2024. Although 2024 year-to-date (YTD) shipments through September reached $1.86 billion and remain ahead of last year's totals by 0.7%, month-to-month orders decreased 10% from August 2024, and were down 6.3% from September 2023.n

October 2024 marks a significant milestone for the REGO-FIX Group: The Swiss company from Baselland has opened a state-of-the-art learning center in Whitestown, Indiana, with a new 12,900 square meters building adjacent to its existing U.S. headquarters.

Students in Itawamba Community College's Precision Machining Technology program have a new toolbox, courtesy of a $20,000 grant by the Gene Haas Foundation.