Industry News

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.

Dormer Pramet has unveiled a redefined brand identity that the company said marks the beginning of a new era for the company.

Metal Supermarkets, a supplier of small-quantity metals, named the six winners of its 10th annual Metal My Way contest.

In a strategic move, Star Cutter has assumed design and manufacturing rights to Tru Tech grinding technology, extending the company's solutions across the grinding lifecycle into blank preparation and cylindrical grinding

Swiss tooling company REGO-FIX welcomed attendees and manufacturing partners from across the globe for a day-long grand opening celebration of the company's Center for Machining Excellence (CME). The event took place Oct. 24 at the company's North American headquarters in Whitestown, Indiana.

Sandvik Coromant, a global leader in metal-cutting tools and solutions, recently announced the appointment of Thomas Henry as the new vice president of marketing for the Americas, effective Nov. 4, 2024.

The tool's shape is a dead giveaway. The tooling, which resembles a Christmas tree, is often used for finishing blade root grooves and blade roots of turbines, is alternatively known as a fir-tree design, or a pine-tree, or now, a Pagode Tree Cutter developed by cutting tool solutions provider EMUGE-FRANKEN.