Additive Manufacturing

The metal cutting tools market was valued at $80.87 billion in 2023, and is expected to reach $113.04 billion by 2030, exhibiting a CAGR of 4.9 % during the forecast period (2024-2030), according to a new report from the research firm of Maximize Market Research Pvt. Ltd.

Continuum Powders, a supplier of metal powders for advanced manufacturing, held a grand opening of its new global headquarters and environmentally friendly manufacturing facility in Houston, Texas.

At IMTS 2024, MSC Industrial Supply Co. showcased not just its newest technological advancements but also a visionary roadmap for the evolution of

ABB Robotics named T-Robotics and Mbodi as the winners of its 2024 ABB Robotics AI Startup Challenge, "marking a significant milestone in advancing artificial intelligence solutions for industrial robotics."

BlackHawk Industrial, a distributor of metalworking and other mission-critical industrial products, has appointed Anthony DeSalvo as General Manager of the Great Lakes Region.

Zebra Technologies, a digital solutions provider that helps businesses connect data and assets, said it intends to acquire Photoneo, a developer and manufacturer of 3D machine vision solutions.

Sandvik has acquired the assets of FASTech, a U.S.-based reseller of Computer Aided Manufacturing (CAM) solutions in the Mastercam network.

Raytheon, an RTX business, and Ursa Major's long-range solid rocket motor completed a successful missile flight test for the U.S. Army.

Southfield, Michigan-based thyssenkrupp Materials NA has acquired Cobotix Manufacturing Inc., a precision metal fabricator that specializes in working with copper and aluminum.

Vollmer is focusing on the future with and expanded management team. Starting January 1, 2025, Tobias Trautmann will join the management team.

Mastercam, a global leader in CAD/CAM solutions, has appointed Russ Bukowski as interim President, effective Dec. 16.

Welding Alloys Group, a producer of advanced welding consumables, has entered into a strategic partnership with Meltio, a disruptive laser metal deposition technology manufacturer.