Industry News

The stock of operational robots around the globe hit a new record of about 3.9 million units. This demand is driven by technological innovations.

GF said it has has secured an “A” score, the highest possible, by the global rating agency CDP for transparency and performance on climate change.

Kennametal Inc. has joined ModuleWorks' Strategic Partner Program. This program is a collective commitment to driving intelligent and integrated digital manufacturing solutions.

GROB Systems Inc., a developer of manufacturing systems and machine tools, has announced it will be hosting a Medical Technology event, together with industry partners Open0 Mind Technologies, Seco, Third Wave Systems, and Ecoclean.

Mazak has joined major cybersecurity research universities and enterprises throughout the country as a collaborative partner with the Cybersecurity Manufacturing Innovation Institute.

Unisig, a global manufacturer of deep-hole drilling machines, has commissioned two SSI Schafer Logimat vertical lift modules (VLM) into its parts warehouse that is integrated with Unisig’s enterprise resource planning (ERP) system.

A Dormer Pramet pilot project for AI-based quality inspection has been successfully launched in the production unit in Šumperk, Czechia. The company said that the project has opened the door to achieving even higher quality in its Pramet inserts.

Kennametal Appoints Sanjay Chowbey as President & CEO effective June 1, 2024; Christopher Rossi to Retire on May 31

Hypertherm Associates to award Powermax systems to 12 North American schools as part of Spark Something Great grant program.

Concepts NREC a developer of software, engineering, and manufacturing solutions for the turbomachinery industry, has acquired RBTS, Inc., a company known for its expertise in rotordynamics engineering and software solutions.

Global engineering technologies company, Renishaw, is making its FixtureBuilder 3D fixture-modeling software available via a new subscription service.

PI, a leader in nanopositioning, ultra-precision motion control, and piezo technology is expanding its U.S. production capacity with a new 120,000-square-foot facility in Shrewsbury, Massachusetts.

Mastercam, a provider of CAM software, has appointed Susan Brandt as its new president, effective February 12.

The metalworking machinery market has demonstrated robust growth, escalating from $266.84 billion in 2023 to an anticipated $286.8 billion in 2024, reflecting a compound annual growth rate (CAGR) of 7.5%.

Sandvik announces the signing of an agreement to acquire the American company, Cimquest, which will be part of Mastercam, the world’s #1 CAM software. Cimquest is a Mastercam Reseller located in New Jersey, United States.

Big Daishowa’s Tools for Schools program provided $23,300 in tooling certificates for local high schools, vocational schools and colleges.

ARCH Cutting Tools Corp. has acquired BMWG, LLC, a manufacturer of indexable and solid round tools, located in Gallatin, Tennessee

Sandvik Coromant has appointed Veronica Messersmith as President of the Americas, effective March 11, 2024.

The International Manufacturing Technology Show says it plans to showcase unexpected solutions at more than 1,500 booths, including more than 65 first-time exhibitors offering innovative solutions.

Family, fulfillment, and a fascination with technology are all part of a formula that has seen ANCA lead the demanding niche of CNC tool and cutter grinders for a half-century.