Industry News

News • January 9, 2020

United Grinding North America names Markus Stolmar president and CEO

Markus Stolmar has been elected as the new president and CEO by the board of directors for United Grinding North America Inc., Miamisburg, Ohio.

News • January 9, 2020

Motion Industries names Chris Pacer vice president of Central Group

Birmingham, Alabama-based Motion Industries Inc., a leading distributor of MRO replacement parts and a wholly owned subsidiary of Genuine Parts Co., has named Chris Pacer to vice president of the company's Central Group.

News • January 9, 2020

Seco Machine expects rapid growth with new building expansion

Driven by higher customer demand and expectations of further growth, Seco Machine began production at its new manufacturing plant.

News • January 7, 2020

GWS Tool Group acquires Intrepid Tool Industries

Tavares, Florida-based GWS Tool Group announces it has acquired Intrepid Tool Industries ("Intrepid"). Intrepid is the first add-on acquisition in 2020 for GWS.

News • January 6, 2020

Glebar announces the acquisition of Tridex Technology

Glebar Co., a precision grinding solutions organization, announced the acquisition of Tridex Technology Ltd. Tridex is a leader in electrochemical grinding (ECG) technology, bolstering double-digit growth since inception. Tridex specializes in the design, manufacture, application development and automation of electrochemical grinders, cut off machines and precision abrasive cut off solutions.

News • January 6, 2020

Solar Atmospheres Southeast hires Tom Gundic as plant manager

Solar Atmospheres announces the addition of Tom Gundic to its Greenville, South Carolina, facility. Gundic has accepted the position of plant manager, bringing with him over 14 years of vacuum heat treating and brazing experience, with significant time spent leading teams in the highly demanding environment of Nadcap and AS9100 quality systems.

News • January 6, 2020

Walter acquires Melin Tool

Walter has reached an agreement to acquire the Melin Tool Co., a privately owned, Cleveland-based company and manufacturer of solid-carbide and HSS end mills, drills and countersinks. Melin is a growing company, supported by innovations in the solid-carbide endmill product family making the acquisition a strategic fit to increase Walter's milling business in North America.

News • January 5, 2020

Hyperion completes acquisition of AFC Hartmetall

Worthington, Ohio-based Hyperion Materials & Technologies, a global leader in developing hard and superhard materials for a wide range of demanding applications, on Jan. 1 completed the acquisition of AFC Hartmetall, a premium cemented carbide tool blank manufacturer, marking the close of the complementary agreement announced in September.

News • January 5, 2020

North American Tool Corp. appoints Steve Mayse director of manufacturing

North American Tool Corp., South Beloit, Illinois, has announced the appointment of Steve Mayse as director of manufacturing.

News • December 20, 2019

Sumitomo Electric Carbide joins OMIC R&D as 30th member

The Oregon Manufacturing Innovation Center Research and Development (OMICR&D) has welcomed Sumitomo Electric Carbide Inc. as its 30th member. Sumitomo, whose U.S. subsidiary is headquartered in near Chicago, also has other several other U.S. based cutting tool manufacturing facilities, and its main headquarters is in Hyogo, Japan.

News • December 19, 2019

ATV and InnovationQuarter invest in Delft robotics startup IMSystems

ATV and InnovationQuarter's investment in IMSystems will help further accelerate the development of their technology in robotics. IMSystems' Archimedes Drive takes a leap forward in transmission systems. In contrast to conventional gears, which rely on cogs with fragile teeth to produce torque, IMSystems came up with a design that harnesses traction.

News • December 18, 2019

BIG KAISER ramps up green initiatives

As part of an ongoing effort to make processes and products more environmentally friendly, BIG KAISER Precision Tooling Inc., Hoffman Estates, Illinois, is making modifications to production materials and packaging. Specifically, the company switched to unleaded steel and recyclable packaging.