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Latest Industry News

Tungaloy and NTK Cutting Tools merging
News September 28, 2026
Tungaloy and NTK Cutting Tools merging
Tungaloy Corporation and NTK Cutting Tools announce that, effective January 1, 2027, NTK Cutting Tools will merge with Tungaloy, marking a new chapter for both organizations. The merger is subject to compliance with applicable legal and regulatory requirements. Following the merger, the integrated organization will operate under the Tungaloy corporate name, while retaining the NTK Cutting Tools brand.
Hitachi Energy plans $528M Mississippi transformer factory
News September 23, 2026
Hitachi Energy plans $528M Mississippi transformer factory
Hitachi Energy, a wholly owned subsidiary of Hitachi, Ltd. plans to build a new $528 million transformer manufacturing facility in Gallman, Mississippi, creating over 700 jobs. The Mississippi facility will be the cornerstone of Hitachi Energy’s around $1.5 billion U.S. manufacturing expansion program, the largest in the industry, increasing domestic production of transformers and other critical grid infrastructure to meet rapidly growing energy demand across the country.
US cutting tool shipments totaled $278.1M in July, up 29% from July 2025
News September 22, 2026
US cutting tool shipments totaled $278.1M in July, up 29% from July 2025
Shipments of cutting tools totaled $278.1 million in July 2026. The value of shipments increased 2.8% from June 2026 and was up 29% from July 2025, according to data from the Cutting Tool Market Report, a collaboration between AMT – The Association for Manufacturing Technology and the U.S.
Gleason showcases next-generation gear technology at IMTS
News September 11, 2026
Gleason showcases next-generation gear technology at IMTS
Gleason Corporation plans to exhibit its latest developments in gear design, manufacturing, and inspection technology, including closed-loop manufacturing and lights-out production at IMTS 2026, complemented by the Gleason Digital Ecosystem. Gleason’s gear technology experts will be available to discuss specific applications, such as the manufacture of gears for humanoid robots, aerospace and energy industries, as well as solutions addressing other key global trends shaping the future of gear manufacturing.
Automated weld seam preparation with AI grinding robot
News September 10, 2026
Automated weld seam preparation with AI grinding robot
At EuroBLECH in Hanover, Teqram will present a major enhancement to its EasyGrinder. The AI-powered grinding robot, already used for the automated finishing of cut sheet metal parts, can now also create and finish weld bevels. This marks another step toward fully automated weld preparation, specifically for manufacturers working with medium and heavy plate fabrication.
Tap Magic H2OX NC metal cutting fluid
News September 9, 2026
Tap Magic H2OX NC metal cutting fluid
Tap Magic H2OX™ NC is an excellent metal cutting fluid formulated to provide lubricity while eliminating the sticky messy film associated with heavy oil products. It is a semi-synthetic product engineered to provide great performance in a variety of areas. It is safe and operator friendly, meeting regulations of all 50 states in the US and most regions abroad.
E Tech Group names new Director of AI Solutions
News September 2, 2026
E Tech Group names new Director of AI Solutions
E Tech Group, a provider of industrial automation and systems integration, has appointed Akshatha Shetty as its new director of AI Solutions. The Ohio-based company, which was named the 2025 System Integrator of the Year and Platinum-certified Rockwell Automation Partner, says Shetty will lead the development of E Tech Group’s AI strategy and customer-facing portfolio.
Lyndex-Nikken enhances customer support and product line expertise
News August 26, 2026
Lyndex-Nikken enhances customer support and product line expertise
Lyndex-Nikken, manufacturer and provider of machine tool accessories and machine tending solutions, has appointed Jacob Mitchell as regional sales representative in Eastern Pennsylvania, Eastern New York, New Jersey, Maryland, and Delaware, and Sean Danielson as Product Manager – Lathe.

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