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Latest Industry News

News December 23, 2024

Vollmer’s ‘Miss Vollmer’ celebrates centennial birthday

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.

News December 18, 2024

Mastercam announces leadership transition

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

News December 17, 2024

Cincinnati Inc. names incoming president & CEO

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.

News December 17, 2024

Cutting Tool Orders See October Rebound Amid Yearlong Slowdown

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.

News December 16, 2024

Meltio, Welding Alloys Group announce collaboration

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

News December 13, 2024

Video: Open Mind Technologies partners with Hermle and Fraisa to ‘Save Christmas’

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.

News December 12, 2024

Big Daishowa’s Tools for Schools program in its third year

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

News December 11, 2024

Xact Wire EDM invests in three new machines

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.

News December 10, 2024

Scm Group acquires control of Mecal Machinery

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.

News December 9, 2024

Tungaloy Canada appoints new general manager

Tungaloy Canada has appointed Hartej Gill as its new general manager, succeeding John Mitchell, who retired after a 25-year career in the cutting tool industry.

News December 6, 2024

AMPCO Metal acquires materials supplier, the Schmelzmetall Group

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.

News December 5, 2024

MOTUL acquires CHEM ARROW Corp.

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

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