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Latest Industry News

Sandvik Coromant wins innovation award
News February 6, 2024
Sandvik Coromant wins innovation award
Sandvik Coromant, has earned the 2023 NED Innovation Award for the Sandvik Coromant CoroPlex YT product in the MachineTools and Metalworking category.
Tyrolit acquires Acme Abrasives
News February 2, 2024
Tyrolit acquires Acme Abrasives
The Tyrolit Group has acquired all of the stock of Acme Abrasives, a specialized abrasives manufacturer and provider based in Michigan
T.J. Davies’ owner accepted into leadership program
News February 1, 2024
T.J. Davies’ owner accepted into leadership program
The T.J. Davies Company Inc. has been selected to participate in a national program that provides women business leaders with practical, real-world tools to improve the operational value of a business.
Monaghan Tooling focusing on cutting tools
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."
Velo3D replaces CEO, commences business review
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.
Lyndex-Nikken expands sales team
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."
Target X project places open call
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.

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