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Latest Industry News

Automate returns to Chicago in May
News May 3, 2024
Automate returns to Chicago in May
In a highly anticipated return to Chicago this spring after a five-year hiatus, Automate—the largest robotics and automation trade show in North America—will set new show records for number of attendees and exhibitors.
Tyrolit acquires majority stake in Contec
News May 2, 2024
Tyrolit acquires majority stake in Contec
In a move to strengthen its floor grinding & surface preparation business, the Tyrolit Group invests in German company Contec Maschinenbau & Entwicklungstechnik GmbH. Contec is a leading global supplier of state-of-the-art machines for surface preparation and finishing.
High speed steel cutting tool market to hit $16.8 billion
News April 29, 2024
High speed steel cutting tool market to hit $16.8 billion
The global market for high speed steel (HSS) metal-cutting tools estimated at $11.3 billion in the year 2022, is projected to reach a revised size of $16.8 billion by 2030, growing at a CAGR of 5.1% over the analysis period 2022-2030.
Larry Robbins named president and CEO of SMW Autoblok USA
News April 23, 2024
Larry Robbins named president and CEO of SMW Autoblok USA
SMW Autoblok Group, a leader in the design and manufacture of rotational chucks, stationary workholding, tooling, automation, and custom engineered solutions for the machine tool industry, has appointed Larry Robbins as the company's new President and CEO of their U.S, corporation
Tyrolit expands its main production site
News April 22, 2024
Tyrolit expands its main production site
The Tyrolit Group said it is expanding its production site in Stans, Austria, and investing 15 million euros in a new, highly innovative production line.
Learning 2 Earning at General Carbide
News April 18, 2024
Learning 2 Earning at General Carbide
General Carbide Corporation, in partnership with Westmoreland County Forum for Workforce Development; held an exclusive student tour at its state-of-the-art manufacturing facility.

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