People & Companies

[LORAIN, OH] Absolute Machine Tools announces that the company has been sold and is now owned by an Employee Stock Ownership Trust (ESOP), effective immediately.

Birmingham, AL – Motion Industries, Inc., a distributor of maintenance, repair, and operation replacement parts and a wholly owned subsidiary of Genuine Parts Company (GPC), announced today the that it has entered into a definitive agreement to acquire Axis New England and Axis New York ("Axis"), an automation and robotics company based in Danvers, MA.

Macomb, Mich. -- Tooling Tech Group (TTG) has announced Kelly Connors as the company's corporate sales executive.

Waukesha, WI—Walter, a cutting tool manufacturer has announced the appointment of Richard Garrick as President Sales Region World West.

Torrance, CA – CMTC is pleased to announce that Patrick Billiter will be taking over the positions of Chief Financial Officer, Vice President of Finance and Administration, Treasurer and Secretary.

OSSEO, MINNESOTA — Die Technology, Inc., a machining services and tooling manufacturer, announced today the creation of its new sister company, Nanotech Precision, LLC.

The UP! App is an on-demand, digital platform that connects industrial operators needing service with independent or authorized OEM service providers to maintain and repair their machinery. The communication technology connects manufacturers to an ever expanding network of service providers across North America.

Every product we use in our daily lives was once just an idea. From your smartphone to your smart speakers, it took people with the confidence and resources to take a dream of these products and turn it into a reality. Whether your goal for your product is to keep your company relevant, turn a large profit or stir up the market, you won't succeed if you rush through the process, become lazy or cut corners. The evolution from brainstorming a new idea to bringing a product to market can seem drawn out and daunting, which is why it's important to narrow down the steps you'll need to take to go from product conception to manufacturing.

Known as the fourth industrial revolution since the 18th century, Industry 4.0 is an all-encompassing term to refer to the way computers, data and automation are evolving and coming together to change the way work happens, and in particular, manufacturing.

A little tender, loving care, and creative thinking will keep your vice in tip-top shape.n

Shops make big moves becoming specialists when manufacturing hefty parts.

Leoni, a global provider of energy and data management solutions in the automotive sector and other industries, and relayr, specialist in industrial solutions involving the Internet of Things (IoT), are entering a strategic partnership. The companies announced joint development work on linking intelligent cable and automation systems with innovative IoT technologies. The upcoming solutions are aimed at enabling carmakers and their suppliers to reduce unplanned downtime of robotic manufacturing lines and raising production efficiency thereby improving overall equipment effectiveness (OEE).