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Latest Industry News

Finding specialty toolholders to improve cycle time
News September 21, 2017
Finding specialty toolholders to improve cycle time
For many machinists, the conversation begins, "If I could have this size tool with this attachment on it, we'd be able to …" With the variety of machine taper types, sizes, differences in the flanges, draw-in thread sizes, and pull studs, finding the ideal toolholder for the job can be a difficult task.
Three reasons your machinists aren’t the problem
News September 21, 2017
Three reasons your machinists aren’t the problem
If you are in charge of production on a manufacturing shop floor, there is no doubt that you have likely come across productivity issues. Nothing is perfect, and this includes your employees and your equipment.
Mikron Tool SA catalog offers many standardized, customized tools
News September 20, 2017
Mikron Tool SA catalog offers many standardized, customized tools
From the founding almost 20 years ago of Mikron Tool SA, Agno, Switzerland, with a six-page brochure, the company has grown to today's 600-page catalog. In this time, Mikron Tool has morphed from a supplier of special cutting tools for transfer machines to a globally present tool manufacturer. The company's range of standardized tools includes more than 2,600 items, which now are included in a "tool book" for end users.
Machine tool builder recognized for new apprenticeship collaboration
News September 20, 2017
Machine tool builder recognized for new apprenticeship collaboration
Lt. Governor Rebecca Kleefisch joined Department of Workforce Development (DWD) Secretary Ray Allen, German American Chamber of Commerce of the Midwest (GACC Midwest) officials and other partners on Sept. 6 to recognize Hermle Machine Co. for being the first employer in the state to introduce a new apprenticeship collaboration that follows the structure of internationally renowned German apprenticeship system.
TRUMPF opens smart factory in Chicago
News September 19, 2017
TRUMPF opens smart factory in Chicago
Machine tool manufacturer and Industry 4.0 pioneer TRUMPF has opened a new technology center in Chicago that showcases the interaction between people, machines, storage technology, automation, software and Industry 4.0 solutions. The company calls it "the first smart factory for Industry 4.0 solutions that was designed for digitally connected production processes throughout."
2017 U.S. cutting tool consumption up 7.1%
News September 14, 2017
2017 U.S. cutting tool consumption up 7.1%
July U.S. cutting tool consumption totaled $170.95 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report (CTMR) collaboration, was down 8.4% from June's $186.57 million and up 16.0% when compared with the total of $147.43 million reported for July 2016. With a year-to-date total of $1.266 billion, 2017 is up 7.1% when compared with 2016.

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