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Latest Industry News

MC Machinery Systems names new sales VP
News January 4, 2024
MC Machinery Systems names new sales VP
In his new role, Herendeen is responsible for overseeing an expansive sales team and dealer network for MC Machinery lasers, press brakes and automation equipment in North America. He also works closely with Mitsubishi factories on research and development, pricing, ordering and more.
Celebrating 50 years of Wohlhaupter’s MultiBore
News December 12, 2023
Celebrating 50 years of Wohlhaupter’s MultiBore
Allied Machine and Engineering, a leading manufacturer of holemaking and finishing cutting tools for the metal cutting industry, celebrates 50 years of Wohlhaupter's MultiBore, the world's first modular boring system.
Seco partners with Instagram influencer
News November 30, 2023
Seco partners with Instagram influencer
Seco Tools has taken a leap in its efforts to share knowledge about the many possibilities in machining by announcing a new partnership with Swemachinist, a well-known Instagram content creator.n
Energy management systems ‘surging’
News November 29, 2023
Energy management systems ‘surging’
The Energy Management System (EMS) market in 2022 was valued at $41.62 billion, and is expected to reach $132.77 billion by 2030 at a CAGR of 15.60% over the forecast period 2023-2030. n
Engineering polymers market projected to reach $211.8 billion
News November 28, 2023
Engineering polymers market projected to reach $211.8 billion
The integration of Industry 4.0 principles, such as Internet of Things, is driving the demand for engineering polymers used in smart manufacturing equipment and sensors. The materials need to withstand harsh industrial environments.
Predictive maintenance market to reach $26.5 billion
News November 24, 2023
Predictive maintenance market to reach $26.5 billion
A recent market study shows that the predictive maintenance market is expected to grow from $5.3 billion in 2021 to $26.5 billion by 2028. The market is anticipated to grow at a CAGR of 27.4% from 2022 to 2028.

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