Industry News

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

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.

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).

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.

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.

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.

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.

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.

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.

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.

Burgsmüller, a subsidiary of the KraussMaffei Group, confirms its strong commitment to Lower Saxony by building a new metalworking plant in Einbeck, not far from its current location in Kreiensen. In mid-April 2019, the company signed a lease agreement with VGP – a leading project developer for commercial real estate – thus kicking off the construction of a factory and office complex with roughly 7,200 sq. m of floor space.

Gary Brown, president and general manager of Heule Tool Corp., Loveland, Ohio, recently celebrated his 30th anniversary with the company. Brown began working for Heule in August of 1989, shortly after earning his engineering degree from Miami University in Oxford, Ohio.