Industry News

WFL Millturn supports the Tools for Life program that is dedicated to helping people in four key areas: water, energy, education, and climate protection.

The Ontario government is investing over $62.9 million in two of the province’s foundational skilled trades programs to help young people explore life-long careers in a growing industry.

Sandvik has completed the previously announced acquisition of pro-micron GmbH, a German-based supplier of sensorised tools and automation software.

November 2023 U.S. cutting tool consumption totaled $202.7 million. This total was down 4.9% from October’s $213 million and up 4.4% when compared with the $194.1 million reported for November 2022.

Ceratizit has named  Anja Taylor as the company’s new Channel Manager to work directly with distributors throughout the United States. 

Velo3D, Inc. announced that Atomic Industries has purchased a fully integrated metal additive manufacturing solution to provide its customers with 3D printed tooling and dies.

Sandvik Coromant, has earned the 2023 NED Innovation Award for the Sandvik Coromant CoroPlex YT product in the MachineTools and Metalworking category.

Kennemetal is taking its innovative and industry-leading solutions on tour of some 36 cities across the country.

The Tyrolit Group has acquired all of the stock of Acme Abrasives, a specialized abrasives manufacturer and provider based in Michigan

The T.J. Davies Company Inc. has been selected to participate in a national program that provides women business leaders with practical, real-world tools to improve the operational value of a business.

Eagle Manufacturing is a thriving student-run manufacturing business out of Brown County High School in Nashville, Indiana.

Metal 3D printing enables space companies to manufacture key components on an industrial scale

As of Jan. 1, 2024, all support for Elliott Tools will transition to Elliott. This includes sales and service support for all metal finishing, burnishing, recessing and mechanical joining tools previously sold by Monaghan. This will open the door for the company to focus on its goal of being a “cutting tool expert.”

Koyo Machinery USA, a provider of precision grinding machines, will be integrated into JTEKT Machinery’s range of products.

Velo3D Inc., a metal additive manufacturing company, announced that Benny Buller has stepped down as company CEO at the company's request, effective immediately. Brad Kreger was appointed Interim CEO.

GROB Systems, Inc., a developer of manufacturing systems and machine tools, broke ground in December 2023 on a 135,000-square-foot expansion project.

Lyndex-Nikken, manufacturer and provider of high-performance machine tool accessories, has expanded its sales team to "better serve the evolving needs of industry in the U.S."

The European project Target-X has launched its second open call to strengthen important economic sectors in Europe by integrating 5G and 6G, accelerating the digital transformation. 

Ceratizit has received an environmental award known as the Prix de l'Environnement 2023 from the Luxembourg industry association FEDIL for the process used to manufacture the carbide grades in the upGRADE family of cutting tools.

CGTech, the Irvine, California-based developer of VERICUT CNC machine simulation software, celebrated 35 years of growth and innovation in CNC simulation and optimization in 2023.