Industry News for 05/2015
Ceratizit SA has acquired German solid carbide toolmaker Klenk GmbH & Co. KG, augmenting the Ceratizit Group's product portfolio with custom solutions for solid-carbide round tools, according to the company. With the addition of Klenk, the Ceratizit Group aims to further strengthen its position in the solid-carbide tool market, according to Thierry Wolter of the Ceratizit Group's executive board. "It is our aim to be perceived as a global premium player for all cutting tools," he said.
Toolmaker SGS Tool Co., Munroe Falls, Ohio, has completed and held a grand opening of its new 76,000 sq. ft. endmill facility in Cuyahoga Falls, Ohio. The new plant was constructed next to the company's existing manufacturing facilities and creates increased toolmaking capacity.
Transor Filter USA, Elk Grove Village, Ill., has established Transor Filter Japan Co., Ltd., a wholly owned subsidiary. Transor filters had previously been sold and serviced by an independent representative. To lead this new operation, Transor President Irv Kaage announced the appointment of Yuji Nakamura as president/managing director.
DE-STA-CO, Auburn Hills, Mich., is celebrating its 100th anniversary. The global automation and workholding company has provided productivity solutions to the manufacturing industry since 1915, when William H. Roberts founded the Detroit Stamping Co., providing contract stamping to the rapidly growing automotive industry.