Industry News

Swedish startup PaperShell has developed a cellulose fiber composite that they refer to as “wood metal” and it can be formed into flat or complex-shaped components. 

Shelton Machinery has acquired Municipal Tool & Machinery, and launched a new parent company called TSM Group. TSM is the new parent of Shelton Machinery, Concept Machinery and Municipal Machinery.

Sandvik has signed an agreement to acquire Almü Präzisions-Werkzeug GmbH (Almü), a Germany-based cutting tools and solutions provider within high-precision drilling, reaming, milling and tooling systems.

WALTER Surface Technologies is pleased to announce the acquisition of PushCorp, Inc., a USA-based, industry-leading manufacturer of robotic end-of-arm-tools for material removal applications.

Metrology has always been vital in precision manufacturing to ensure products meet quality and design specifications, according to Paul Maxted, director of Industrial Metrology Applications at Renishaw, in his whitepaper "The changing face of metrology."

The stock of operational robots around the globe hit a new record of about 3.9 million units. This demand is driven by technological innovations.

GF said it has has secured an “A” score, the highest possible, by the global rating agency CDP for transparency and performance on climate change.

Kennametal Inc. has joined ModuleWorks' Strategic Partner Program. This program is a collective commitment to driving intelligent and integrated digital manufacturing solutions.

GROB Systems Inc., a developer of manufacturing systems and machine tools, has announced it will be hosting a Medical Technology event, together with industry partners Open0 Mind Technologies, Seco, Third Wave Systems, and Ecoclean.

Mazak has joined major cybersecurity research universities and enterprises throughout the country as a collaborative partner with the Cybersecurity Manufacturing Innovation Institute.

A Dormer Pramet pilot project for AI-based quality inspection has been successfully launched in the production unit in Šumperk, Czechia. The company said that the project has opened the door to achieving even higher quality in its Pramet inserts.

Hypertherm Associates to award Powermax systems to 12 North American schools as part of Spark Something Great grant program.

The metalworking machinery market has demonstrated robust growth, escalating from $266.84 billion in 2023 to an anticipated $286.8 billion in 2024, reflecting a compound annual growth rate (CAGR) of 7.5%.

The International Manufacturing Technology Show says it plans to showcase unexpected solutions at more than 1,500 booths, including more than 65 first-time exhibitors offering innovative solutions.

Innovance, a 100% employee-owned holding company focused on manufacturing and industrial technology, has acquired Jorgensen Conveyor and Filtration Solutions.

Effective immediately, Platinum Tooling Technologies Inc., will be selling products from Tecnicrafts Industries, a manufacturer of collets and guide bushings for Swiss Type CNC Lathes.

December 2023 U.S. cutting tool consumption totaled $187.9 million, according to the U.S. Cutting Tool Institute(USCTI) and AMT – The Association For Manufacturing Technology.

Successful shops always look for ways to differentiate and innovate for competitive advantage. Cashing in on the entirety of a tool’s life with an advanced tool management system is perhaps the most effective way to do that right now.

Music was in the air at the press conference Fritz Studer AG held at its headquarters in Steffisburg, Switzerland, Feb. 9. With a theme of “The Sound of Studer,” the Music Motion Meeting 2024 event began with presentations by the cylindrical grinding machine builder’s board of directors: Jens Bleher, CEO; Sandro Bottazzo, chief sales officer; Daniel Huber, chief technology officer; and Stephan Stoll, chief operating officer.

WFL Millturn supports the Tools for Life program that is dedicated to helping people in four key areas: water, energy, education, and climate protection.