Industry News

At IMTS 2024 in booth 338300, Mazak will showcase its ongoing commitment to continuous innovation in machine tool technology, automation and digital solutions designed to help manufactures do more and make more.

The fourth edition of the biennial and Brazilian-based Feira Internacional de Máquinas e Equipmentos, or International Machinery and Equipment Exposition, took place May 7-11 at the São Paulo Expo Exhibition & Convention Center, which is billed as the largest exhibition center in Latin America at about 85,000 sq. m (914,932 sq. ft.).

GF Machining Solutions plans to feature some of its latest advancements in tooling, automation and software from System 3R at IMTS 2024 (South Hall, booth 339458). 

Improved material utilization, lower weight, less climate impact and simpler production, these are all reasons for the car industry’s interest in press-hardened body components made of large blanks consisting of many smaller welded parts.

In a highly anticipated return to Chicago this spring after a five-year hiatus, Automate—the largest robotics and automation trade show in North America—will set new show records for number of attendees and exhibitors.

The global market for high speed steel (HSS) metal-cutting tools estimated at $11.3 billion in the year 2022, is projected to reach a revised size of $16.8 billion by 2030, growing at a CAGR of 5.1% over the analysis period 2022-2030.

Swedish startup PaperShell has developed a cellulose fiber composite that they refer to as “wood metal” and it can be formed into flat or complex-shaped components. 

Shelton Machinery has acquired Municipal Tool & Machinery, and launched a new parent company called TSM Group. TSM is the new parent of Shelton Machinery, Concept Machinery and Municipal Machinery.

Sandvik has signed an agreement to acquire Almü Präzisions-Werkzeug GmbH (Almü), a Germany-based cutting tools and solutions provider within high-precision drilling, reaming, milling and tooling systems.

WALTER Surface Technologies is pleased to announce the acquisition of PushCorp, Inc., a USA-based, industry-leading manufacturer of robotic end-of-arm-tools for material removal applications.

Metrology has always been vital in precision manufacturing to ensure products meet quality and design specifications, according to Paul Maxted, director of Industrial Metrology Applications at Renishaw, in his whitepaper "The changing face of metrology."

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.

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.

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

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%.

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.