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Latest Industry News

News July 26, 2017

Bunting Magnetics Co. appoints Bill Wagner as CFO

Newton, Kan.-based Bunting Magnetics Co., which specializes in magnet and magnetic equipment design, manufacturing and distribution, has appointed Bill Wagner to the executive leadership team as the CFO.

News July 26, 2017

Fives Landis Corp. opens technology center in US

Fives Landis Corp., Hagerstown, Md., a manufacturer of precision grinding solutions and grinding accessories, will open a technology center at its headquarters.

News July 26, 2017

Mazak Corp. iSmart Factory initiative spreads to Japan plant

Florence, Ky.-based Mazak Corp. continues its advancement toward the complete digitization of all its manufacturing operations with the recent transformation of its Oguchi, Japan, facility into yet another Mazak iSmart Factory.

News July 26, 2017

Absolute Machine Tools Inc. names David Grega as COO

Absolute Machine Tools Inc., Lorain, Ohio, has hired David Grega as COO. He will oversee the operation of Absolute's technical centers in Lorain and Mason, Ohio; Livonia, Mich.; and Elgin, Ill.

News July 26, 2017

Osborn picks Paul Dent as director of sales for Load Runners

Richmond, Ind.-based Osborn has picked Paul Dent to be its new director of sales for the Load Runners division.

News July 25, 2017

CGTech enhances Vericut’s MachiningCloud Inc. connection

Irvine, Calif.-based CGTech, creator of Vericut, and MachiningCloud Inc., Camarillo, Calif., have announced a Vericut enhancement in MachiningCloud software whereby Vericut customers can import cutting parameters from cutting tool manufacturers from within MachiningCloud directly into Vericut.

News July 25, 2017

Taipei Times: Manufacturing growth forecast raised

Driven by improving demand and steady global economic recovery, Taiwan's manufacturing output in terms of revenue is expected to grow 3.87 percent to NT$17.54 trillion (US$576 billion) this year, said the Industrial Technology Research Institute's Industrial Economics and Knowledge Center.

News July 25, 2017

Assessing, strengthening the manufacturing and defense industrial base and supply chain resiliency of US

President Donald Trump has issued an executive order on assessing and strengthening the manufacturing and defense industrial base and supply chain resiliency of the United States. He said strategic support for a vibrant domestic manufacturing sector, a vibrant defense industrial base and resilient supply chains is a significant national priority.

News July 25, 2017

Riverside Tool Corp. acquires General Saw Corp.

Riverside Tool Corp., Elkhart, Ind., a Techniks Industries company, has acquired Cape Coral, Fla.-based General Saw Corp.

News July 25, 2017

Tool and Die Technology changes Texas student’s life

The Valley Morning Star (Harlingen, TX) reports on how tool and die technology at Texas State Technical College has given student and former college dropout Andy Juarez "a new lease on life." Juarez plans to get his associate degree this Fall.

News July 25, 2017

Flash PMI: Japan manufacturing growth at eight-month low on falling exports demand

Japan's manufacturing activity has fallen to an eight-month low in July, according to IHS Markit survey results. The Nikkei Flash Japan Manufacturing Purchasing Managers Index (PMI) for July is calculated to be a seasonally adjusted 52.2, following a 52.4 level in June.

News July 24, 2017

Midwest Industrial Tool Grinding Inc. a finalist for award

Midwest Industrial Tool Grinding Inc., Hutchinson, Minn., has been named a finalist in the Workforce Development Award category for the Minnesota Business 2017 Manufacturing Awards.

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