Industry News

News • May 6, 2025

Cosen Saws showcasing solutions at EASTEC

Cosen is a global leader in band saw manufacturing with an expansive product line and a sales and service network covering all North America. The company is showcasing some of their top saw models and newest cutting solutions at this year's EASTEC show in Springfield, Massachusetts.

News • May 5, 2025

Lyndex-Nikken expands sales team

Lyndex-Nikken, manufacturer and provider of high-performance machine tool accessories and machine tending solutions, expanded its sales team to "better serve the evolving needs of industry in the United States."

News • May 2, 2025

BLM Group names new VP of sales

BLM Group USA promoted Gunar Gossard to vice president of sales. In his new position, Gossard will be responsible for the company's global sales strategy success, identifying new sales opportunities and improving the competitive position of BLM GROUP.

News • May 1, 2025

Open Mind Technologies releases enhancements to hyperMILL software

Open Mind Technologies has released a range of enhanced features and innovative technology in its hyperMILL 2025 CAD/CAM Software Suite.

News • May 1, 2025

Tool company, Fraisa, streamlines regrinding process with ANCA-Zoller data exchange

For manufacturers, pressure is constantly increasing to make sure the first tool is a good tool to avoid rework. Scrap must be avoided at all costs, because it is a major cost driver. This applies to both the production of new tools and to regrinding.

News • April 30, 2025

Auto industry transforming high-speed steel cutting tool market

The high-speed steel-cutting tool market size has grown strongly in recent years. It will grow from $9.07 billion in 2024 to $9.52 billion in 2025 at a compound annual growth rate (CAGR) of 5.0%.

News • April 24, 2025

US cutting tool orders reach $198.6M, down 0.7% from January

Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT – The Association For Manufacturing Technology and the U.S. Cutting Tool Institute (USCTI), totaled $198.6 million in February 2025.

News • April 22, 2025

Lyndex-Nikken expands sales team

Lyndex-Nikken, manufacturer and provider of high-performance machine tool accessories and machine tending solutions, expanded its sales team to "better serve the evolving needs of industry in Canada and Mexico."

News • April 18, 2025

Sunnen showcasing four advanced manufacturing solutions showcase at EASTEC 2025

Sunnen Products Company, a global leader in high-precision bore finishing, will exhibit its cutting-edge manufacturing solutions at EASTEC 2025, the premier event for manufacturing technology on the East Coast.

News • April 16, 2025

DN Solutions launches metal 3D printers at DIMF 2025

DN Solutions successfully hosted DIMF 2025 (DN Solutions International Machine Tool Fair) from April 2 to 5 in Busan and Changwonc, in South Korea. At the event, the company unveiled its new DLX series of metal 3D printers.

News • April 14, 2025

Sandvik appoints Johanna Kreft as new general counsel

Sandvik has appointed Johanna Kreft as executive vice president and general counsel, effective October 13, 2025.

News • April 10, 2025 • Alan Richter

Studer Holds Online Press Conference

To share its 2024 sales results, 2025 expectations, and new product offerings with international trade media, Fritz Studer AG held its annual press conference on March 27. The event was streamed from the company's in-house studio at its headquarters in Steffisburg, Switzerland.