Industry News for 06/2014

06/30/2014
Look for a special digital supplement to the August 2014 issue of Cutting Tool Engineering (CTE) magazine in your email inbox next month. The special digital edition, sponsored by Makino Inc., will feature the results of our biennial salary survey, a variety of video reports and a preview of IMTS 2014.
06/30/2014
H-D Advanced Manufacturing Co., Pittsburgh, acquired San Diego-based Sungear Inc., a manufacturer of precision gears and assemblies for the aerospace industry.
06/18/2014
Machine tool builder Mazak Corp. has invited manufacturers to its "Discover More With Mazak" event July 29 and 30 at the company's Southwest Technology Center in Houston. The company will demonstrate its latest multitasking, 5-axis, milling and turning processes on Mazak machines. Applications engineers will also be available to discuss new ways attendees can streamline their operations. For example, performing multiple processes in a single setup helps minimize material handling and work-in-process. Furthermore, the company encourages attendees to present their part-production challenges so its engineers can offer solutions for overcoming such difficulties.
06/18/2014
Machine tool builder Hwacheon Machinery America (HMA) will relocate to a new headquarters and technical center in the Chicago suburb of Lincolnshire, Ill., on July 15.
06/17/2014
MRO distributor MSC Industrial Supply Co., Melville, N.Y., has launched its new ControlPoint inventory management solution, which combines MSC's existing suite of software, hardware and service expertise into a unified inventory management portfolio that allows customers to leverage technology to achieve greater visibility and control over their MRO spending, with the goal of improved productivity and profitability across the supply chains, according to the company.
06/16/2014
Jacob Prak, CEO of Michigan Manufacturing International (MMI), Stevensville, Md., announced the completion of a new MMI plant in Hosur, India, joining MMI locations in Mumbai, Coimbatore and Bangalore, India, and Shanghai, Fuyang, Ningbo, Jinan, Shenzhen, Dongguan and Hong Kong, China.
06/05/2014
Toolmaker TDC Cutting Tools Inc. announced the expansion of its operations and established its global headquarters in Seneca, S.C., resulting in 38 new positions at the facility. The company will invest $8.2 million in the construction of the new TDC Overseas campus, including a 32,000-sq.-ft. office building and a 10,000-sq.-ft. recycling center.
06/05/2014
Manufacturers nationwide are struggling to find skilled labor, and several community colleges and technical centers around the country have stepped in to fill the void, including a technical training center in Phoenix that offers CNC and manual machining programs. The Maricopa Skill Center offers two machining certificates: CNC machining and manual machining. Students in the program attend class 6 hours a day, Monday through Thursday. The CNC machining program takes about a year to complete.
06/04/2014
Joe Braun, general manager of Indianapolis machine tool builder Hurco North America, announced that Hurco will hold its inaugural Chipmaker Challenge contest for entrepreneurs in manufacturing. The contest gives new shops the chance to pitch their business plans for a chance to win their choice of a Hurco VMX42i mill or TM8i lathe. 
06/04/2014
Since the economic slowdown in 2008, the global sales of business aircraft has been less than 50 percent of the annual sales in 2007; however, as aircraft fleets get older and the economy improves, pent-up demand may stimulate purchases.
06/03/2014
Toolmaker Seco Tools LLC, Troy, Mich., a technical and supplier sponsor of Andretti Autosport's Verizon IndyCar Series championship racing team, invited customers from across the Midwest to attend an Indy 500 practice day at the Indianapolis Motor Speedway. The day included a meet and greet with IRL driver Marco Andretti, a tour of the Andretti Autosport garage, a catered lunch in the team's suite at the track and a visit to the pits to watch the Indy cars in action.
06/03/2014
The Association for Manufacturing Excellence (AME), Rolling Meadows, Ill., has debuted the AME Manufacturing Job Board, designed to connect job-seeking professionals with the organizations requiring their specific skills.