Industry News

News • January 30, 2024

Monaghan Tooling focusing on cutting tools

As of Jan. 1, 2024, all support for Elliott Tools will transition to Elliott. This includes sales and service support for all metal finishing, burnishing, recessing and mechanical joining tools previously sold by Monaghan. This will open the door for the company to focus on its goal of being a "cutting tool expert."

News • January 29, 2024

KOYO Machinery merging with JTEKT Machinery Americas

Koyo Machinery USA, a provider of precision grinding machines, will be integrated into JTEKT Machinery's range of products.

News • January 26, 2024

Velo3D replaces CEO, commences business review

Velo3D Inc., a metal additive manufacturing company, announced that Benny Buller has stepped down as company CEO at the company's request, effective immediately. Brad Kreger was appointed Interim CEO.

News • January 25, 2024

GROB Systems breaks ground on expanded U.S. facility

GROB Systems, Inc., a developer of manufacturing systems and machine tools, broke ground in December 2023 on a 135,000-square-foot expansion project.

News • January 24, 2024

Lyndex-Nikken expands sales team

Lyndex-Nikken, manufacturer and provider of high-performance machine tool accessories, has expanded its sales team to "better serve the evolving needs of industry in the U.S."

News • January 23, 2024

Target X project places open call

The European project Target-X has launched its second open call to strengthen important economic sectors in Europe by integrating 5G and 6G, accelerating the digital transformation.

News • January 22, 2024

Ceratizit wins environmental award

Ceratizit has received an environmental award known as the Prix de l'Environnement 2023 from the Luxembourg industry association FEDIL for the process used to manufacture the carbide grades in the upGRADE family of cutting tools.

News • January 19, 2024

CGTech celebrates 35-year anniversary

CGTech, the Irvine, California-based developer of VERICUT CNC machine simulation software, celebrated 35 years of growth and innovation in CNC simulation and optimization in 2023.

News • January 18, 2024

EXAIR application engineer certified to compressed air system management

EXAIR Application Engineer John Ball has recently achieved CAGI CCASS (Certified Compressed Air System Specialist) certification.

News • January 17, 2024

The modular Millturn wins a Best of Industry Award

After a four-month voting period with around 20,000 votes cast, winners in 24 categories of the Best of Industry Awards have now been determined. WFL Millturn Technologies was one of the winners, earning the award in the Modular Machine Concept category.

News • January 16, 2024

United Grinding opens subsidiary in Southeast Asia

The United Grinding Group strengthens its Southeast Asian footprint and establishes a subsidiary in Singapore.

News • January 15, 2024

Cutting tool supplier takes aim at gun show

Star Cutter Company, a provider of custom-engineered tooling solutions for precision applications, will display its cutting tools tailored for firearms manufacturing at the Shot Show 2024, Jan. 23 – 26 at the Venetian Expo + Caesar's Forum in Las Vegas.