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Sandvik has signed an agreement to acquire 67 percent of Chuzhou Yongpu Carbide Tools Co., Ltd, a China-based maker of solid round tools, with a call option to buy the remaining part in three years.

At first glance, ceramic cutting tools appear doomed to failure, but the reality is just the opposite.

April 2021 U.S. cutting tool consumption totaled $170 million. This total was down 4.3 percent from March's $177.6 million but up 26.3 percent when compared with the $134.6 million reported for April 2020.

The evolution to high speed machining (HSM) is continuing and toolholders are playing a crucial role in that process, which includes the interlinking of machining center, programming, high-speed spindles, advanced cutting tools, balancing, and high-performance toolholders in order for shops to take full advantage of HSM.

Workholding needs to be super-sized when machining workpieces like truck transmission housings, wind turbine blades, rocket bodies, and more, for industries like aerospace and defense, agricultural, energy, marine, rail, and on- and off-road transportation.

Selecting the best type of cutting tool for holemaking jobs is not always clear. It is best to have a drill that caters to the workpiece material, produces the specs required, and provides the most profit for the job at hand. Considering the variety of jobs and parts manufactured in machine shops, there is no “one-drill-fits-all.”

Betting that the worst of the pandemic will be over and travel restrictions lifted, the 2021 edition the machine tool exhibition is putting out the welcome mat to the world.

There is no real problem with threading a pipe. Most DIY types can do it in their workshop with hand tools, but when the pipe is 40′ long and ordered by the ton, you are in oil country. Pumping crude oil out of the ground requires drill pipe, casing, tool joints, tees, crosses, flanges, and couplings. All those items need to be machined. And that takes specialized workholding.

Nikel Precision Group also implemented solutions that optimize tool performance to improve quality, as well as production intelligence that provides real-time insights into factory performance.

March 2021 U.S. cutting tool consumption totaled $177.6 million, up 18.8 percent from February's $149.5 million and down 2.6 percent when compared with the $182.3 million reported for March 2020.