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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.

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.

Selecting the right tool for threading aluminum begins with considering the key properties of aluminum; the pros and cons associated with the main choices of tools, cut taps or thread mills; and advances in tooling technology including coatings and coolant-through capability.

By reducing interpass and post-weld cleanup with the FabCOR Edge XP wire, K-Line Trailers has seen a 10 percent to 15 percent increase in productivity.

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.

Support for multi-start threads, tapered threads and cross centerline single-point threads give more control over complex threading processes.

TIMTOS x TMTS 2022, the first co-branded machine tool mega show in Taiwan has opened. A total of 950 exhibitors in 5,100 booths has packed Taipei Nangang Exhibition Center Hall 1 & 2. The physical show will go for six days while the one-month online exhibition till March 21.

Ceratizit has introduced three new standard coated-carbide ISO-P steel insert grades that provide up to 20 percent longer tool life when compared to previous-generation grades.

Incremental changes highlight recent advances in the wake of severe supply chain challenges.

Harbour Results Inc. forecast that spending on automotive tooling in North America will reach $8.3 billion in 2025 from an estimated $5.7 billion in 2022.