People & Companies

Sieglinde Vollmer, affectionately known as "Fräulein Vollmer" (“Miss Vollmer”), celebrated her 100th birthday on November 30, 2024, and marked the occasion at the Technology and Training Center of the cutting tool specialist Vollmer in Germany.

Mastercam, a global leader in CAD/CAM solutions, has appointed Russ Bukowski as interim President, effective Dec. 16.

Cincinnati Incorporated, a provider of built-to-order machine tools, announced that Timothy Warning will be stepping down as president & CEO effective Jan. 1, 2025. At that time, Alan Oak will assume the company’s leadership position.

Scm Group, a leading multinational in technologies for machining a wide range of materials, signed the closing deal for the purchase of 51% of Mecal Machinery, specializing in the production of machinery and systems for processing aluminum, PVC and light alloys.

Tungaloy Canada has appointed Hartej Gill as its new general manager, succeeding John Mitchell, who retired after a 25-year career in the cutting tool industry.

AMPCO Metal has acquired the Schmelzmetall Group, a Swiss-based producer of copper alloys, including Beryllium-containing alloys and other high copper alloys such as CuCrZr and CuNiSi.

France-based metalworking fluids and lubricant supplier Motul acquired Chem Arrow Corp. Terms of the transaction were not disclosed.

Switzerland-based automatic lathe pioneer Tornos has selected premier advanced machining solutions provider Ellison Technologies as its partner in key United States markets.

BlackHawk Industrial, a distributor of metalworking and other mission-critical industrial products, has appointed Marco Morgado as general manager of the Northeast Region. 

Lyndex-Nikken, manufacturer and provider of machine tool accessories and automation, has promoted Osmar Takeuchi to president.

October 2024 marks a significant milestone for the REGO-FIX Group: The Swiss company from Baselland has opened a state-of-the-art learning center in Whitestown, Indiana, with a new 12,900 square meters building adjacent to its existing U.S. headquarters.

Olympic Steel Inc., a national metals service center, has acquired Metal Works. The all-cash purchase is expected to be immediately accretive. Terms were not disclosed.