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Latest Industry News

Seco Tools reports on carbide recycling
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.
Versevo celebrates 20 years
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.
Lucifer Furnaces supplies Hammond
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.
EMAG launches apprentice program
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.
BIG Kaiser model expands to Europe, Asia
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.
CIMCOOL holds contest
News March 18, 2014
CIMCOOL holds contest
CIMCOOL Fluid Technology, a Cincinnati-based provider of fluid technology, announced a contest in which the company will provide a year's supply of CIMCOOL fluids for one winner, up to a maximum value of $10,000. This offer is open to business entities engaged in the manufacturing industry having operations that utilize metalworking fluids.
U.S. manufacturers tour Kaiser Switzerland
News March 17, 2014
U.S. manufacturers tour Kaiser Switzerland
Tooling manufacturer BIG Kaiser Precision Tooling Inc., Hoffman Estates, Ill., hosted a group of U.S. manufacturers on a visit to the Kaiser Precision Tooling Ltd. headquarters in Rümlang, Switzerland, in February. The third annual event paired educational presentations, tours of the assembly and machining areas and traditional Swiss hospitality. "The challenges of manufacturing are universal," Dennis Rosene, owner, Rosene Machine, Firth, Neb., said. "Visiting factories outside the U.S. can help us find new ways to solve the same challenges we face at home."
News March 17, 2014
Reshoring Initiative wins ML Award
The Reshoring Initiative was honored by Frost & Sullivan's Manufacturing Leadership Council as one of the winners of the 2014 Manufacturing Leadership Awards (ML Awards) in the category of Industry Advocacy.
Merger creates Sandvik Hyperion
News March 17, 2014
Merger creates Sandvik Hyperion
Diamond Innovations merged with Sandvik Hard Materials as of Jan. 1, 2014, to create a new business, Sandvik Hyperion, focused on applied materials. The new company, with U.S. headquarters in Fair Lawn, N.J., has a broader portfolio of materials solutions and increased scale in R&D and application development. Sandvik Hyperion supplies cemented tungsten carbide, tungsten-carbide powders, diamond materials and CBN materials used in material-removal and wear-protection applications.
News March 11, 2014
Mitsui Seiki joins GE for aircraft engine
Mitsui & Co., parent company of Franklin Lakes, N.J.-based Mitsui Seiki USA Inc. is now a key strategic partner in the development of the GE9X aircraft engine for the next generation of wide-body airplanes, the latest in the GE90 engine family manufactured by GE Aviation, Cincinnati, an operating unit of General Electric Co.

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