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Latest Industry News

Study Shows Current Global Sourcing Trends
News May 31, 2016
Study Shows Current Global Sourcing Trends
As part of a global business initiative, seven business schools from around the world, including Georgetown University's McDonough School of Business, the Wharton School at the University of Pennsylvania, and the Graduate School of Business at Stanford University, executed a multi-year research effort focusing on current practices and strategies associated with the sourcing of production and trends in a global supply chain.
5 ways to extend CNC spindle life
News May 26, 2016 Superior Spindle Service
5 ways to extend CNC spindle life
For most manufacturers, the productivity of their CNC equipment can be measured in fractions of seconds when it comes to things like cutting or grinding cycle times and the intervals between tool changes. The performance of the spindle—the workhorse of the CNC machine—has a dramatic impact on that productivity.
Methods Machine Tools appoints new chief
News May 17, 2016
Methods Machine Tools appoints new chief
Methods Machine Tools Inc., Sudbury, Mass., recently announced the appointment of Jerry Rex as Chief Operating Officer of all Methods Machine Tools operations, effective May 3. Rex, a manufacturing industry veteran with more than 25 years of management experience, complements Methods' strategic plans for future growth, according to a Methods Machine Tools news release.
Cheryl Bush awarded Women in Manufacturing STEP Award
News May 17, 2016
Cheryl Bush awarded Women in Manufacturing STEP Award
Cheryl Bush, Director of Global Strategic Pricing at Kennametal Inc., Latrobe, Penn., recently received honors at the 4th Women in Manufacturing STEP (Science, Technology, Engineering and Production) Awards, which is presented by The Manufacturing Institute.
AMT announces 2016-17 officers, directors
News May 17, 2016
AMT announces 2016-17 officers, directors
The AMT Board of Directors, which represents the American manufacturing technology industry, recently named Richard L. Simons, President and CEO of Hardinge Inc., Elmira, N.Y., to serve as its Chairman.
Mahr Federal names new sales director
News May 17, 2016
Mahr Federal names new sales director
Mahr Federal, Providence, R.I., recently named Stuart Manser Director of Sales, Precision Gages for North America. , Manser will be responsible for planning and directing the sales team for the Precision Gage product line, including defining sales territory and hiring sales staff.
American National Carbide restructures management team
News May 17, 2016
American National Carbide restructures management team
American National Carbide (ANC), which manufactures tungsten carbide products for the metalworking, agricultural, and energy industries, recently announced a major reorganization, according to a news release issued by the Tomball, Texas-based company. Newly appointed CEO D. Greg Stroud has named new vice presidents to lead the four major areas of the company.
News May 17, 2016
Dorner acquiring Geppert-Band
Dorner Holding Corp., the parent company of Dorner Mfg. Corp., Hartland, Wis., on May 12 announced the acquisition of Jülich, Germany-based Geppert-Band, a leading European manufacturer of belt and modular belt conveyors.
Koepfer America names David Harroun new sales manager
News May 16, 2016
Koepfer America names David Harroun new sales manager
David Harroun, recently named Sales Manager of Koepfer America, South Elgin, Ill., is tasked with strengthening the company's sales efforts of all gear manufacturing products, comprising hobbing machines, shaping machines, worm milling machines, hard finishing tools, and cutting tools. With the addition of Harroun, Koepfer expects to provide more focused technical sales support for North American manufacturers of all types and sizes of gears, according to a recent company news release.
Okuma adds two new industry experts
News May 16, 2016
Okuma adds two new industry experts
Okuma America Corp., Charlotte, N.C., recently added two industry experts to its Sales and Product Specialist Teams. With more than 50 years of combined experience in the CNC machine tool industry, Brian Sides and Tom O'Toole will be responsible for supporting regional sales teams and Okuma distribution partners.
USCTI: March billings up 5.7% among U.S. cutting tool cos.
News May 16, 2016
USCTI: March billings up 5.7% among U.S. cutting tool cos.
March billings among 40 U.S. cutting tool companies increased 5.7 percent over February and 15.4 percent over January, according to a recent report from the U.S. Cutting Tool Institute (USCTI), which surveys U.S. cutting tool companies each month for USCTI's Current Business Report. Total billings in March reached nearly $166 million, compared to nearly $157 million in February and nearly $144 million in January.

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