Industry News

News • April 18, 2014

Mfr. optimism highest in 8 years

Optimism regarding the direction of the domestic economy rose among U.S. industrial manufacturers during the first quarter of 2014, according to the Q1 2014 Manufacturing Barometer, released today by consulting firm PwC US, New York. The positive sentiment about the prospects of U.S. commerce in the next 12 months reached the highest level since the fourth quarter of 2005. Conversely, optimism regarding the prospects of the world economy lessened during the first quarter as U.S. industrial manufacturers remained cautious on the global stage.

News • April 15, 2014

Komet and Schunk hold joint event

Komet of America, a Schaumburg, Ill.-based manufacturer of bore machining, reaming and threading tools, and Schunk Inc., a Morrisville, N.C., provider of clamping technology and gripping systems, held a joint distributor event on April 9, 2014, at Komet of America's Schaumburg facility. The 5-hour event consisted of morning product presentations and three afternoon demos in the machining center on the production floor featuring Schunk workholding and toolholding with Komet cutting tools.

News • April 8, 2014

Bipartisan tour of Milwaukee shop

U.S. Sen. Ron Johnson (R-Wis.) and Milwaukee Alderman Joe Davis (D-2nd District) toured Milwaukee's Matzel Manufacturing Inc. Feb. 27 and discussed cross-party solutions for creating a "pro-hiring" environment for local manufacturers. Those solutions include accelerating the development of Wisconsin youth apprenticeship programs that allow young professionals to gain real-world experience. Matzel Manufacturing, which was founded in 1957 and machines complex castings and forgings, has such an apprenticeship program.

News • April 8, 2014

Harvey Tool releases spring catalog 2014

Harvey Tool Co. LLC, Rowley, Mass., has released its latest catalog, which includes more than 850 new tools. The Spring 2014 edition introduces 10 new product lines that reflect what the company calls its commitment to "make your specials our standards." In addition to over 9,000 standard tools, special recognition is given in the catalog to Harvey Tool's metric offering, highlighted in both the full catalog and new digital-only metric catalog download.

News • April 8, 2014

Automatics & Machinery’s 25th anniversary

Longmont, Colo.-based used machinery dealer Automatics & Machinery is celebrating 25 years supporting machine shops. With a sales staff to research, locate and negotiate machinery for customers, a longstanding membership in the Machinery Dealers National Association (MDNA) and a machinery appraiser accredited through the Association of Machinery and Equipment Appraisers (AMEA), A&M has sought to simplify the process of finding new equipment since its establishment by founder Steven Beck in 1989.

News • April 8, 2014

Seco Tools reports on carbide recycling

Cutting tool manufacturer Seco Tools, Troy, Mich., released the results of its North American Carbide Recycling Program for 2013. The company collected and processed 125,919 lbs (57,235 kg) of used carbide tools. Of the total, 110,585 lbs (50,265 kg) were returned to Seco Tools AB for processing into grade powder. Over the life of the carbide recycling program, Seco Tools has returned an average of over 10,100 lbs (4,100 kg) of tools per month for recycling.

News • April 2, 2014

Versevo celebrates 20 years

Versevo Inc., Hartland, Wis., a manufacturing and services provider for the cast metals industry, is celebrating its 20th anniversary. "Whether you have been here 1 month or 20 years, the commitment and determination that goes into a business and making it successful is important," said Terry Moon, founder, president and CEO of Versevo, when addressing employees at a celebratory luncheon. "But it's the collection of all of us that make this work."

News • April 1, 2014

Kyocera consolidates North American operations

Advanced ceramics producer Kyocera Industrial Ceramics Corp. (KICC), Tokyo, announced the creation of a new wholly-owned subsidiary, Kyocera Precision Tools Inc., that consolidates its North American cutting tool operations in the indexable, microtool, and printed circuit board (PCB) cutting tool markets.

News • April 1, 2014

Lucifer Furnaces supplies Hammond

Lucifer Furnaces Inc., Warrington, Pa., shipped a high-temperature laboratory box furnace to Pottstown, Pa.-based Hammond Lead Products, which provides products to the battery, ceramics and glass industries. The Model 3027 AK12 heats to 2,500° F using silicon carbide rod-type heating elements mounted above and below the hearth, providing uniform heat in the work chamber.

News • March 31, 2014

New business unit for Mitsubishi Materials

On April 1, 2014, Fountain Valley, Calif.-based manufacturer Mitsubishi Materials USA will consolidate two business units — Rock Tools and Hard Materials — into a new unit known as Engineered Carbide Products in an effort to improve operational efficiency, according to a letter to stakeholders released by the company.

News • March 19, 2014

EMAG launches apprentice program

EMAG LLC, a Farmington Hills, Mich.-based machine tool supplier, has launched an apprentice training program to encourage continuing growth in Michigan's mechatronics manufacturing industry and ensure an advanced workforce to close the sector's skills gap. Developed in conjunction with the Michigan Economic Development Corporation, Oakland Community College and Henry Ford Community College, the program offers high-school graduates a career in machine mechatronics, a discipline incorporating electrical, electronic and mechanical studies, providing all graduates an advanced associate's degree.

News • March 18, 2014

BIG Kaiser model expands to Europe, Asia

After more than 30 years of working together, collet chuck producer BIG Daishowa Seiki Co. Ltd. (Osaka, Japan) and tooling provider KAISER Precision Tooling Ltd. (Rümlang, Switzerland) have solidified their longtime partnership in the European and Asian markets. The two companies have come together to create a mutually beneficial distribution network similar to the decade-old US-based BIG Kaiser Precision Tooling Inc, Hoffman Estates, Ill. BIG Kaiser Germany ran as a pilot project to test efficacy of such a model in the European market and the company's success paved the way for a larger European partnership executed through KAISER Switzerland.