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Walter to Acquire GWS Tool Group

Walter has signed an agreement to acquire the U.S.-based GWS Tool Group, a manufacturer of solid carbide endmills and drills as well as HSS taps and PCD products.

Methods Expanding Partnership With Maruka

Methods Machine Tools, Inc. has signed an agreement with an intent to expand the territory of Maruka USA to now include North Dakota, South Dakota, Minnesota, Iowa, and Nebraska, as of Dec. 9.

Ford Third-Quarter Profit Declines

Ford Motor Co. said Wednesday its third-quarter profit declined from a year earlier amid the semiconductor shortage while promising better days ahead.

Machine Tool Orders Rise in September

Machine tool orders gained in September as manufacturing’s recovery from the COVID-19 pandemic maintained momentum, AMT – The Association for Manufacturing Technology said today.