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Latest Industry News

News March 21, 2024

Renishaw launches subscription service for its modelling software

Global engineering technologies company, Renishaw, is making its FixtureBuilder 3D fixture-modeling software available via a new subscription service.

News March 20, 2024

PI USA invests in new production facility

PI, a leader in nanopositioning, ultra-precision motion control, and piezo technology is expanding its U.S. production capacity with a new 120,000-square-foot facility in Shrewsbury, Massachusetts.

News March 19, 2024

Mastercam appoints new president

Mastercam, a provider of CAM software, has appointed Susan Brandt as its new president, effective February 12.

News March 18, 2024

Metalworking machinery market expects a 7.5% growth rate

The metalworking machinery market has demonstrated robust growth, escalating from $266.84 billion in 2023 to an anticipated $286.8 billion in 2024, reflecting a compound annual growth rate (CAGR) of 7.5%.

News March 15, 2024

Mastercam to acquire reseller, Cimquest

Sandvik announces the signing of an agreement to acquire the American company, Cimquest, which will be part of Mastercam, the world's #1 CAM software. Cimquest is a Mastercam Reseller located in New Jersey, United States.

News March 14, 2024

Big Daishowa Tools for Schools program awards more than $20,000 in tooling certificates

Big Daishowa's Tools for Schools program provided $23,300 in tooling certificates for local high schools, vocational schools and colleges.

News March 13, 2024

ARCH Cutting Tools acquires indexable and solid round tools manufacturer

ARCH Cutting Tools Corp. has acquired BMWG, LLC, a manufacturer of indexable and solid round tools, located in Gallatin, Tennessee

News March 12, 2024

Sandvik Coromant names new president of the Americas

Sandvik Coromant has appointed Veronica Messersmith as President of the Americas, effective March 11, 2024.

News March 11, 2024

IMTS 2024 to showcase hidden technology gems among 1,500 exhibitors

The International Manufacturing Technology Show says it plans to showcase unexpected solutions at more than 1,500 booths, including more than 65 first-time exhibitors offering innovative solutions.

News March 8, 2024

ANCA celebrates 50 years of tool grinding progress

Family, fulfillment, and a fascination with technology are all part of a formula that has seen ANCA lead the demanding niche of CNC tool and cutter grinders for a half-century.

News March 7, 2024

Haimer acquires 25% of Wintool; partners with TCM Group

The Haimer Group becomes a 25% shareholder in WinTool AG and agrees on a strategic partnership with the TCM Group, wHAIMER global distribution rights to WinTool and Toolbase.

News March 6, 2024

United Grinding Mexico appoints managing director

United Grinding North America, a subsidiary of Swiss-based United Grinding Group, recently appointed Alonso Acevedo to the Managing Director position for its Mexico territory.

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