Industry News

Rising tungsten prices, increasing raw-material scarcity, and growing demand from high-end manufacturing sectors are reshaping the global cutting tool industry, according to a new release from Tungaloy Corporation. In 2025, carbide rod and cutting tool manufacturers implemented multiple price adjustments, with their full impact expected to become more visible in 2026.

This spring, Mazak Corporation will host its inaugural Discover More With Mazak Phoenix Open House event from April 28-29 at the Mazak Phoenix Technical Center. The event will feature live cutting demonstrations on a wide range of advanced machining technology, including Swiss-type production turning, Multi-Tasking, 5-axis and Kentucky-built vertical machining, and next-generation horizontal machining.

Methods Machine Tools Inc., A supplier of machine tools and automation solutions, has hired Jon Casten as Vice President of Aftermarket. Casten, who has more than 25 years of experience leading post-sales strategy and commercialization, will lead Methods’ comprehensive aftermarket strategy across technical service, parts, warranty, and customer support including the national and field-based support teams, and national parts distribution.

Methods Machine Tools, the foremost supplier of high-precision CNC machining centers, automation, and engineering services in North America will cut the ribbon on its new National Center of Excellence at their Chicago Regional Technical Center during an open house event on Thursday, April 9 from 10 a.m. to 3 p.m.

Apple plans a significant expansion of factory operations in Houston, bringing the future production of Mac mini to the U.S. for the first time. The company said it will also expand advanced AI server manufacturing at the factory and provide hands-on training at its new Advanced Manufacturing Center beginning later this year.

With a focus on motorsports part production, Mazak is hosting its Discover More with Mazak Open House at the company’s Dallas Technical Center from March 11-12 in Dallas. Attendees will experience the speed and precision of Mazak’s Variaxis i-700T 5-axis Machining Center, the QT-Ez 12MY Horizontal Turning Center, the Integrex j-200S NEO Multi-Tasking Machine, and the brand-new Syncrex 38/9 Swiss-type Turning Machine.

Now in its fourth year, the Big Daishowa Tools for Schools program continues to invest in the next generation of manufacturers. This year, the program awarded tooling certificates totaling $51,000 to technical schools selected by Big Daishowa customers. This brings the program’s cumulative impact to nearly $120,000 in donated tooling certificates.

Platinum Tooling, the importer and master distributor of live tools, angle heads, Swiss machine products, knurling tools and marking tools manufactured by various international suppliers has a new sales representative firm. Located in Conway, South Carolina, Sellers Marketing offers high quality cutting tools, workholding and tool holding solutions in the Southeastern United States.

At the end of January, Bystronic completed the acquisition of the Tools for Materials Processing division of the US company Coherent Corp. With this acquisition, Bystronic plans to expand into several growth markets such as medical technology and semiconductors.

Under the motto “Swiss Made,” Fritz Studer AG held its annual press conference on the occasion of the Motion Meeting 2026 in Steffisburg, Switzerland, Feb. 6, and reported that the builder of cylindrical grinding machines strengthened its global market position, expanded its portfolio, further developed its customer care and invested in infrastructure.

The M. K. Morse Company announced the hiring of Ivan Robles as its sales manager, Mexico. An industrial engineer with more than 12 years of experience in technical sales, commercial support, and team coordination in the metalworking industry, Robles will lead our push to grow market share and customer relationships in Mexico.