Industry News

News • September 23, 2019

Hexagon Manufacturing Intelligence hires Nicole Scott as account manager

The Hexagon Manufacturing Intelligence Production Software business has hired new Account Manager Nicole Scott to oversee accounts for its metalcutting CAD/CAM customers in Texas and Oklahoma.

News • September 19, 2019

Sandvik Coromant appoints Annika Langéen vice president of marketing

Sean Holt, head of sales area Americas for Sandvik Coromant, welcomes Annika Langéen to the vice president of marketing role for the Americas. Annika is responsible for the strategic direction of global marketing and brand positioning for the sales area.

News • September 19, 2019

Roush Yates names Cameron Perkins director of business development

Cameron Perkins is named director of business development – Eastern U.S.A. for Roush Yates Manufacturing Solutions (RYMS).

News • September 18, 2019

Halter CNC Automation and Fastems to join forces

Halter CNC Automation B.V. from the Netherlands and Fastems Oy Ab from Finland have an intention to establish a joint venture, the Halter Group. Relevant parts of Fastems Systems GmbH related to R&D and production of the Halter LoadAssistant product range will be transferred to the newly founded Halter CNC Automation GmbH. This company will be located in Issum, Germany, and, together with Halter CNC Automation B.V., it will form the Halter Group.

News • September 18, 2019

LMT Tools develops partnership with Liebherr

Toolmaker LMT Tools and Liebherr-Verzahntechnik GmbH, a leading manufacturer of CNC gear cutting machines and automation systems, are collaborating to continue the success story of the patented ChamferCut method. The two technology partners signed a cooperation contract for the new ChamferCut-CG (collision gear) and ChamferCut-IG (internal gear).

News • September 18, 2019

L Squared Capital Partners leads investment in GWS Tool Group

L Squared Capital Partners and GWS Tool Group announced that L Squared has partnered with GWS management to recapitalize the GWS. Financial terms of the transaction were not disclosed.

News • September 18, 2019

Hyperion Materials & Technologies acquires Arno Friedrichs Hartmetall

Hyperion Materials & Technologies Inc. announced that it signed an agreement to acquire Arno Friedrichs Hartmetall GmbH & Co. KG and its affiliates (AFC), a global solutions provider in premium tungsten carbide blanks used in the manufacture of high precision rotary cutting tools for drilling and milling applications.

News • September 18, 2019

ARCH appoints Lori Lorant to vice president human resources

ARCH announced the appointment of Lori Lorant to the position of vice president human resources. Lorant has been with the organization for almost five years and has held the roles of employee relations manager and director of human resources prior to her promotion to vice president.

News • September 18, 2019

Methods Machine Tools announces Mark Wright as president and CEO

Methods Machine Tools Inc. announced that its board of directors has appointed Mark Wright as its president and CEO. Wright will assume all operating functions of Methods Machine Tools, including the Sudbury, Massachusetts, headquarters and all seven direct offices throughout the U.S., as well as its national distribution network.

News • September 18, 2019

Mobile Industrial Robots opens its largest North American office

Mobile Industrial Robots opened its largest office in North America to accommodate continued growth across the continent. The new two-building, 7,376-sq.-ft. office in Holbrook, New York, replaces the Danish company's first international office, opened in the same city in 2016.

News • September 18, 2019

WIDIA joins IBC industrial buying group as a preferred supplier

IBC announces that WIDIA Products Group, Latrobe, Pennsylvania, has joined the IBC industrial buying group as a preferred supplier. WIDIA is a leading manufacturer of precision metalcutting tools utilized in CNC machining operations.

News • September 6, 2019

GF Machining Solutions announces leadership changes

As part of the company's ongoing commitment to quality, innovation and long-term growth, GF Machining Solutions recently announced two key leadership changes, both of which were effective Sept. 1, 2019. Scott Fosdick, former president and head of market region North and Central America, has been promoted to the position of head of sales, marketing, business development and communications for the global organization. Phil Hauser, formerly the director of sales and head of turbine group at GF Machining Solutions USA, will assume Fosdick's former position.