Industry News

Shipments of cutting tools totaled $204.1 million in June 2025, declining 1.8% from May 2025 and 3.9% from June 2024. Year-to-date shipments totaled $1.23 billion, a drop of 4.9% from the same period in 2024.

Tooling Tech Group (TTG), a provider of highly engineered tools and automated assembly equipment to a range of industries, has appointed Matthew Edwards as its director of operations.

As manufacturing operations expand across the Western United States, Mazak Corp. has grown its service and support network in the region by opening a new Phoenix Technical Center, scheduled for later this year. The facility will give local manufacturers access to process and application engineering expertise, training, and collaboration opportunities for developing new manufacturing solutions.

DMG Mori and Open Mind Technologies AG have entered into a global sales agreement to accelerate digital and machining transformation for customers worldwide.

Mazak has built its 40,000th machine at the company's Mazak iSmart Factory in Florence, Kentucky. The 518,320-square-foot facility, situated on Mazak's nearly 1-million-square-foot manufacturing campus, produces many of Mazak's most popular machine models, including its Quick Turn Series machines, VTC Series machines, and Ez Series of turning and milling centers. It is home to the company's U.S. manufacturing technology R&D efforts.

Big Daishowa Inc. has named Jeffrey Leeman as a sales engineer for the Southeast region. Leeman will be responsible for sales and support in Alabama, Tennessee, and Georgia.

Schneider Resources Holding (SRH), a private investment firm, acquired ETW Inc., based in Waukesha, Wisconsin. ETW Inc. is a family-owned company recognized nationwide for its precision milling expertise.

Bodor Laser, a manufacturer of fiber laser cutting technology, has made a $20 million strategic investment to strengthen its U.S. presence and advance the next phase of regional growth.

Transor Filter's new website has numerous features that details how manufacturers can benefit from Transor's Ultra-Fine Filtration. Visitors can navigate through useful information for making a considered purchasing decision.

Justin Hatfield, president of HECO, has been elected as Region 3 Director on the board of the international Electrical Apparatus Service Association (EASA), representing a key leadership role in the electromechanical service industry. EASA is an international trade organization representing more than 1,700 electromechanical sales and service firms in nearly 70 countries around the world.

Hypertherm Associates, a U.S.-based manufacturer of industrial cutting systems and software, released its 2024 Corporate Culture and Social Responsibility Report that found progress in its corporate mission to "build a better future for all."

Global technology leader, manufacturing and engineering services, ANCA launched its inaugural Sustainability Strategy 2025–2030, a bold and transformative roadmap that embeds environmental responsibility, innovation, and community impact at the core of its operations.