Industry News

News • February 21, 2014

Eriez releases Metal Loss Monitor

The new Metal Loss Monitor (MLM) from Erie, Pa.-based separation technology provider Eriez enables operators to determine the quantities of valuable metals that are passing through their scrap yards unrecovered. It accomplishes this by continually scanning the residue stream for metal that has escaped the process, according to the company.

News • February 16, 2014

NIMS announces record number of certifications

The National Institute for Metalworking Skills (NIMS), Fairfax, Va., announced that it awarded a record number of credentials last year to individuals seeking to enter into or advance in jobs in the metalworking industry. In 2013, NIMS issued 13,888 industry-recognized credentials, representing a 58.8 percent increase from 2012.

News • February 12, 2014

J.D. Power: Vehicle dependability declines

Owners of 3-year-old vehicles (2011 model year) report more problems than did owners of 3-year-old vehicles last year, according to the 2014 U.S. Vehicle Dependability Study^SM (VDS) released by market information services firm J.D. Power and Associates, Westlake Village, Calif.

News • February 5, 2014

CGTech announces VERICUT users’ exchange events

Manufacturing software provider CGTech has announced 22 North American VERICUT Users Exchange (VUE) events scheduled in 2014, with the first to be held on March 10th in Irvine, Calif., near the company headquarters.

News • February 5, 2014

NTM named KOMET SERVICE partner

Minneapolis machine shop NTM Inc. was named a partner in the KOMET SERVICE network and will provide localized tool regrinding and refurbishment services for tools from KOMET and other toolmakers, as well as sell standard and special KOMET solid-carbide tools.

News • February 3, 2014

January PMI drops sharply

Economic activity in the manufacturing sector expanded in January for the eighth consecutive month, and the overall economy grew for the 56th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business. Yet, the January PMI registered 51.3 percent, a decrease of 5.2 percentage points from December's seasonally adjusted reading of 56.5 percent.

News • February 3, 2014

Seco recognized by John Deere for cost-reduction

Seco Tools, Troy, Mich., was recognized for participating in the John Deere Cost Reduction Opportunities Process (JD CROP), part of Deere & Company's Achieving Excellence program. The toolmaker received the honor for the quality of its cost-reduction ideas and for demonstrating its commitment to continuous improvement, according to Seco.

News • January 23, 2014

Vollmer, Loroch to exhibit at GrindTec

Sharpening diamond-tipped and solid carbide rotary tools will be the focal point of Vollmer's display at Stand 1017 at the GrindTec 2014 international grinding technology trade fair, to be held March 19 to 22 in Augsburg, Germany. The grinding and erosion machine company will demo its new VGrind 160 grinding center, the company's first for processing carbide rotary tools.

News • January 20, 2014

igus hosts biannual vector awards

In April 2014, igus Inc., East Providence, R.I., will hold its biannual vector awards ceremony. The vector awards aim to recognize the most creative applications of the igus Energy Chain Systems. Participants can apply online to present their idea to the panel of judges, with the first, second and third prizes being awarded at the Hannover Trade Fair in Germany.

News • January 15, 2014

NanoMech to build new campus

Nanotechnology developer NanoMech announced it will build a facility adjoining its existing factory in Springdale, Ark. The approximately-25,000-sq.-ft.t building will triple the size of current operations and will serve as the company's world headquarters. NanoMech produces tool coatings and other nanotechnology-based products.

News • January 14, 2014

United Grinding schedules U.S. tour

United Grinding North America, the Miamisburg, Ohio-based provider of cylindrical grinding machine tools, has scheduled a six-city demonstration tour of the United States, as well as two open house events in Canada and Mexico, to demonstrate its STUDER S11 production workpiece.

News • January 14, 2014

Absolute launches new Web site

Absolute Machine Tools Inc., Lorain, Ohio, has launched a new version of its website. The site provides descriptions, specifications and application information for the company's offerings of turning, milling, deep hole and gun barrel drilling machines and EDMs from OEMs including AccuteX, You Ji, Johnford, Tongtai, Nexturn, and Precihole.