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Latest Industry News

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.
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.
GF Machining Solutions to acquire Microlution
News May 11, 2016
GF Machining Solutions to acquire Microlution
GF Machining Solutions, , will purchase micromanufacturing machine builder Microlution Inc., Chicago, according to a comany news release issued May 11. Described as a specialist of micro-machining based on milling and laser technologies, Microlution was founded in 2005 and reportedly generated $10 million in 2015 with a workforce of 30 employees.
IBAG North America Launches New Website
News May 6, 2016
IBAG North America Launches New Website
IBAG, which offers a broad line of machine tool spindles, has launched a new website at www.ibagnorthamerica.com featuring content-rich product coverage about high-speed spindles.
Abtex Corp. hires new Operations Manager
News May 3, 2016
Abtex Corp. hires new Operations Manager
Abtex Corp., Dresden, N.Y., recently hired Christian Donovan as Operations Manager in response to "dramatic growth in all lines of business," according to an April 29 company news release.
Bunting Magnetics creates COO position
News May 3, 2016
Bunting Magnetics creates COO position
Jana Davis steps into a new role as Chief Operating Officer at Bunting Magnetics Co. effective May 30. Davis, who joined the company in 2011 as Chief Financial Officer, will oversee day-to-day business operations at the company's Newton, Kan., location, as well as at its Magnet Materials Division in Elk Grove Village, Ill., Bunting Magnetics Europe in Berkhamsted, U.K., and Magnet Applications Inc. in DuBois, Penn.

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