Industry News

Rockford (Ill.) Systems LLC and Master Lock Co. LLC, Oak Creek, Wis., have a new joint initiative designed to accelerate the adoption of safety technologies throughout the North American manufacturing sector.

Economic activity in the manufacturing sector expanded in August, and the overall economy grew for the 99th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business. At 58.8 percent, the August PMI showed an increase of 2.5 percentage points from the July reading of 56.3 percent.

Schütte LLC, Jackson, Mich., appointed Jeffrey Reinert CEO for North American operations.

Haimer Mexico, Santiago de Querétaro, Mexico, brought in Alonso Acevedo as general manager.

Cincinnati Inc., Harrison, Ohio, named industry veteran Rakesh Kumar vice president of sales, marketing and service.

Okuma America Corp., Charlotte, N.C., a manufacturer of CNC machine tools, welcomed Kitchener, Canada-based Praemo, which is in applied industrial internet of things and artificial intelligence, to Partners in THINC.

The global metal cutting machine market is expected to reach $9.79 billion by 2025, according to a new report by Grand View Research Inc. Increasing demand from automotive industry has been a key factor driving market growth, globally. In addition, robust growth in various application industries such as electronics, defense, marine, construction and aerospace is also fueling the demand.

Workers in the hardmetal industry are not at increased risk for lung cancer or any of 63 other potential causes of death, concluded the largest and most definitive study on this population to date.

Drake Manufacturing Services Co. LLC, Warren, Ohio, has been sold in a court-ordered receivership.

MachiningCloud Inc., Camarillo, Calif., and Colibri Spindles Ltd., Lavon, Israel, have partnered to provide Colibri Spindles product data in the cloud.

Concurrent Technologies Corp. celebrated its 30th year with a luncheon Friday outside its main facility in Johnstown. The R&D company of about 550 employees works primarily with military contracts and advanced manufacturing techniques. Current projects include friction stir welding, which can strengthen joints in thicker metal, additive manufacturing for repairs of temperature-sensitive or hard-to-reach parts, and laundry and shower wastewater recycling for military outings.n