Industry News
02/04/2016

Matrix Design LLC, South Elgin, Ill., opened a new sales office in Indianapolis, which will be lead by Tim Fenner, who recently joined Matrix as a sales specialist. Matrix Design develops, builds and installs robotic automation systems worldwide. The Indianapolis office gives the company a more focused presence to better serve industries in Indiana, Ohio, Kentucky and surrounding regions.
02/04/2016

The Sandvik Coromant Co., Fair Lawn, N.J., named Sean Holt as the company's new president of the Americas market area, according to a Jan. 28 news release. With the promotion, which took effect Jan. 1, Holt is now part of the company's global sales management team. An experienced executive in the manufacturing industry, Holt was a key member of the Americas management team as the vice president of engineering. He joined Sandvik Coromant in 2000 as a sales engineer in Birmingham, United Kingdom. Since then, he has held several positions, including application development specialist and aerospace manager for the Americas market area before taking on the vice president of engineering position in 2014.
02/04/2016

Hwacheon Machinery America, Lincolnshire, Ill., recently appointed two new sales directors: Bob Pellegrini for the Eastern half of the United States, and Dan Pierce for the Western half, according to a Jan. 26 company news release. The two, who were promoted from regional sales manager positions held at the company since 2012, will be in charge of sales and dealer support.
02/03/2016

BENZ Inc., Charlotte, N.C., today announced it will be holding a Heavy Metal Sale to commemorate the company’s upcoming expansion and relocation from Charlotte to Hickory, N.C. During the promotional period through Feb. 19, BENZ will offer 25 percent off select live tools, Solidifx Modular Quick Change Systems and angle heads.
02/03/2016

The Heidenhain Corp., Schaumburg, Ill., recently announced the new hire of David Doyle as vice president of sales and marketing in North America, according to a Jan. 26 news release from the company. With more than 25 years of management experience, Doyle joins the Heidenhain family to assume the day-to-day responsibilities of the sales and marketing departments.
02/02/2016

CARVEsmart, a division of Bellatex Industries and maker of the original quick-change vise jaw system featuring dovetailed jaw technology, announced a deal giving the Orange Vise Co. an exclusive opportunity to offer CARVEsmart patented features in the Orange Vise Integrated Jaw System (IJS). With CARVEsmart dovetail and clamp features machined directly into the Orange IJS vise, there is no need for master jaws, which is said to save 1.5" of opening, according to a CARVEsmart news release issued Feb. 2.
02/02/2016

With the acquisition of Prometec GmbH, Aachen, Germany, Sandvik Coromant "strengthens its offering in digital manufacturing," according to a Sandvik news release issued Feb. 1. A supplier of advanced solutions for monitoring and controlling of machining processes in production machines, Prometec will be integrated with Sandvik Coromant, a product area within Sandvik Machining Solutions.
02/02/2016
Laser Mechanisms Inc., Novi, Mich., announced Monday that it has acquired Livonia, Mich.-based Visotek, a provider of Smart Laser Tools™ that are said to simplify the use of lasers in any environment. The acquisition is expected to complement Laser Mechanisms' core business of providing industry-leading laser beam delivery solutions.
02/01/2016

Though up two-tenths of 1 percentage point since December 2015, economic activity in the manufacturing sector contracted in January for the fourth consecutive month as measured by the Manufacturing ISM Report on Business, which is published monthly by the Institute for Supply Management, Tempe, Ariz.
01/31/2016
Irvine, Calif.-based CGTech, the developer of Vericut CNC verification and simulation software, recently formed a subsidiary company in South Korea. Headquartered south of Seoul, CGTech-Korea is responsible for marketing, sales, technical support and reseller support throughout South Korea, according to a company news release.
01/31/2016

While data used to calculate the 2015 A.T. Kearney U.S. Reshoring Index contradicts reports of a reshoring trend for U.S. manufacturing, the index itself should not be construed as opposition to reshoring efforts, according to A.T. Kearney, the Chicago-based global management consulting firm that publishes the index.
01/29/2016

With the successful introduction of its STAHLWERK Premium Line, KNUTH Machine Tools USA Inc. reportedly achieves new standards for quality and technical innovation in the company's new 2016 catalog, which includes new and updated products.
01/28/2016

Women in Manufacturing (WiM) and Case Western Reserve University’s Weatherhead School of Management recently announced the creation of a Leadership Lab for Women in Manufacturing, which will provide executive education and training to WiM members in mid- to high-level management roles in the industry.
01/27/2016

The National Institute for Metalworking Skills (NIMS), Fairfax, Va., last year awarded a record number of credentials to individuals seeking to start or further a career in manufacturing, NIMS announced in a Jan. 26 news release. In 2015, NIMS issued 21,420 industry-recognized credentials, with 18,901 of them issued in the United States, the organization reported. Compared to 2014, that's a 20 percent increase in U.S. credentials issued by NIMS.
01/27/2016

WorldSkills International, an Amsterdam-based organization promoting the need for skilled professionals through various means, recently welcomed Mastercam to its global partnership group, according to a CNC Software news release issued Jan. 26. The partnership begins in early 2016.
01/26/2016

GMN USA today announced the company will be moving to a new state-of-the-art facility on Feb. 1. The new facility will allow for the expansion of assembly and manufacturing areas to better meet customer needs, the company reported in a brief email-based news release.
01/24/2016
Harry Moser, the founder and president of the Reshoring Initiative, an industry-led group out to prove offshoring is not always the best economical decision for companies, takes issue with the recently released 2015 A.T. Kearney U.S. Reshoring Index, which suggested that the reshoring trend was an aberration. A.T. Kearney, a global management consulting firm headquartered in Chicago, reported in December that its reshoring index dropped to -115 in 2015. A negative value is said to indicate net offshoring, according to the consulting firm.
01/22/2016

Solar Atmospheres of California, Fontana, Calif., recently named Mike Moffit as its new vice president of operations, the company announced in a Jan. 20 news release. Moffit has been with the company for 21 years in a variety of departments, and served as the quality manager for the past 5 years at Solar Atmospheres of California.
01/22/2016

Waterjet systems manufacturer Jet Edge Inc. recently promoted Josh Bauer to service manager, the St. Michael, Minn., company announced in a Jan. 13 news release. The promotion puts Bauer in charge of managing all aspects of Jet Edge’s waterjet service department, which supports customers worldwide.
01/22/2016

Okuma America Corp., a CNC machine tool manufacturer based in Charlotte, N.C., this month added three new members to its applications engineering team: Brad Fitzpatrick, Jeff Hampton and Lee Johnston, according to a company news release issued Jan. 13.