General Carbide Acquires Automotive Tooling Supplier, Only Tool January 23, 2018 General Carbide Corp. (Greensburg, PA) has purchased automotive tooling supplier Only Tool (Ypsilanti, MI). Only Tool has developed its expertise in cold-form tool manufacturing under the leadership of co-owners Ray Fender and Mick Ruffolo, who, under terms of the agreement, will continue to operate the business.
Shrink-Fit Toolholder Offers Consistency When Setting Tools April 23, 2018 Shrink-fit toolholding is a simple concept—an induction coil is adjusted and fits over the top of the toolholder. The induction coil heats the toolholder end of the shrinker, expanding the inside diameter, which opens the engagement bore (IDs of shrink-fit toolholders are smaller than the shank diameter of the cutting tool).
Business Outlook for Tooling, Workholding on the Shop Floor Is Bright April 27, 2018 Manufacturers are always looking for signs of what the economy and the business outlook have in store for them. Since the election of President Trump and, more recently, passage of the tax reform law in December, confidence among businesses of all sizes has been overwhelmingly positive.
US Cutting Tool 2017 YTD Consumption up 8.0 % in October December 13, 2017 October US cutting tool consumption totaled $198.00 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report (CTMR) collaboration, was up 13.2 percent from September’s $174.92 million and up 17.2% when compared with the $169.00 million reported for October 2016. With a year-to-date total of $1.835 billion, 2017 is up 8.0% when compared with 2016.
Machine Tool Orders Post Mixed Results in November January 15, 2018 Machine tool orders posted mixed results in November, slipping a bit on a monthly basis while recording a solid gain compared with a year earlier, according to a monthly report by the Association for Manufacturing Technology (McLean, VA).
Five-Axis CAM Slices Into Food Processing November 2, 2017 Urschel Laboratories has come a long way since its founder William E. Urschel introduced the gooseberry snipper to Michigan canneries in 1910. Today, the company’s innovative machines are used by virtually every food processing manufacturer worldwide to slice, dice, trim, grate, and process foods that are stored in pantries and refrigerator shelves. For the record, Urschel’s gooseberry snipper machine handled the removal of a stem and thick bud appendage from the berry.
Seeing Shop-Floor Steps Clearly Helps Workers Quickly Learn on the Job November 30, 2017 VKS [Visual Knowledge Share] develops an electronic work instruction solution designed to improve quality, productivity, and efficiency.
Cutting Tool Manufacturer Ceratizit Acquires Komet Group October 16, 2017 The Ceratizit Group (Mamer, Luxembourg) acquired the Komet Group (Besigheim, Germany) on Oct. 12, 2017. The transaction is still subject to the approval of antitrust authorities.
A 3D Printing Startup Grows Up October 30, 2017 Fabrisonic, Now 6 Years Old, Moves to Develop New Processes, Materials
US Cutting Tool 2017 YTD Consumption up 7.1% in July September 14, 2017 July US cutting tool consumption totaled $170.95 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report (CTMR) collaboration, was down 8.4 percent from June’s $186.57 million but up 16.0 percent when compared with the total of $147.43 million reported for July 2016.
