Industry News
02/14/2016

MBFZ toolcraft GmbH, Georgensgmünd, Germany, recently announced that it has secured extra site space for future expansion at its Handelsstraße site, according to a Feb. 8 company news release. Toolcraft, which has manufactured precision parts made from metal and plastic for 27 years, said its expansion plans are the result of steadily increasing demand.
02/10/2016

The Digital Manufacturing and Design Innovation Institute (DMDII), Chicago, announced Feb. 10 that it has issued $15 million in national contract research awards that include funding to test and aid compliance with the nation’s cybersecurity standards for digital manufacturing, according to a news release from the group. The money will be distributed among six new projects with 27 DMDII partners in 17 states.
02/05/2016

This year marks the 50th anniversary of the founding of Coherent Inc., which began as a laundry room startup in Palo Alto, Calif. Now widely considered a world leader in laser technology headquartered in Santa Clara, Calif., Coherent invites those attending the upcoming Photonics West Exhibition to help celebrate this milestone at a champagne reception from 4 p.m. to 5 p.m. Feb. 16 at the Coherent booth, No. 1101.
02/04/2016

PI (Physik Instrumente) L.P., Auburn, Mass., a leader and solution provider in motion control and positioning components and systems, this week announced the promotion of James Deichmann to director of sales for the U.S. Western region. His experience gained in 15 years with PI USA will be beneficial in leading, managing and training the company's West Coast sales engineering organization with the goal to grow the company and further develop customer relationships.
02/04/2016

GF Machining Solutions, Meyrin, Switzerland, announced in January that Antonio Faccio replaced Bernhard Kasper as head of the European market region, according to a Feb. 1 company news release. Kasper, who held the position for more than 15 years, will retire this summer. Faccio, the former head of GF Machining Solutions Italy, holds a degree in mechanical engineering and has an excellent expertise in computer numerical control.
02/04/2016

Cleaning Technologies Group LLC, Cincinnati, Ohio, this week announced the promotion of Greg Allen to the position of innovation engineer, according to a Feb. 2 company news release. In his new role, Allen will lead Ransohoff Innovation efforts as well as coordinate R&D.
02/04/2016

Houghton International Inc., Valley Forge, Va., recently announced the appointment of Kevin Smith to the positions of senior vice president of Houghton International and president of the company's Europe, Middle East and Africa (EMEA) and global automotive and aerospace markets. Effective Feb. 1, Smith is based in the company's Manchester, U.K. office, and reports to Houghton International CEO Mike Shannon. Smith will assume responsibility for the general management of Houghton's EMEA region and the global leadership of Houghton specialty product lines for the major transportation industry segments, including automotive and aerospace. He also becomes a member of Houghton's executive committee.
02/04/2016

What started out as a little tool and die shop 50 years ago has evolved into an industry powerhouse in the design and building of low profile conveyor platforms, and Dorner Mfg. Corp. is still going strong, the company reported in a Feb. 1 news release recounting the company's history. To commemorate its 50th year in business, Dorner will hold an open house and other celebratory events in June.
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
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.
02/02/2016

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.
02/01/2016

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.