Aerospace

Global machinery production revenue to reach $1.6 trillion in 2022

The market performance of the machine tool sector is highly dependent on commodity prices, macroeconomic conditions and sector performance (e.g., automotive, construction, aerospace, and ship building). According to IHS Markit Economy and Country Risk (ECR) information, a global recession is highly unlikely to occur in 2019. However, due to weaker global trade, pollical uncertainties, and other headwinds, global machine tools production revenue will only begin to improve late in 2020 or early in 2021.

Master Fluid Solutions purchases new machining center

Master Fluid Solutions continues its commitment to its customers across the globe with the announcement of its new precision machining center. Known worldwide for its TRIM, long-lasting, premium-performance and aerospace-approved metalworking fluids, Master Fluids Solutions continues to invest in the development of state-of-the-art cutting and grinding fluids to surpass their worldwide customers’ ever-increasing needs for more efficient metalworking fluids that deliver exactly what is needed directly to the point of cut.

Stellar Industrial Names Fullerton Tool 2018 Supplier of the Year

Tacoma, WA — Stellar Industrial Supply, which distributes more than 35,000 MRO (maintenance, repair and operation) products and tools from more than 1,500 brands for Safety, Metalworking, Marine Supply, Aerospace, and other general manufacturing and processing organizations, and also offers customized Indirect Material Management solutions, today named Fullerton Tool Company, Inc. as its 2018 Supplier of the Year award winner.