Industry News

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.

Flex Machine Tools, an American manufacturer and provider of machine tool solutions worldwide for metal fabrication operations, will host an Open House Event at Flex headquarters in Wapakoneta, Ohio, on Thursday, Dec. 5, 2024, from 9:00 a.m. through 4:00 p.m.

Olympic Steel Inc., a national metals service center, has acquired Metal Works. The all-cash purchase is expected to be immediately accretive. Terms were not disclosed.