Drilling Tools
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U.S. Cutting Tool Orders Slow
Orders of $206.3 million were down 1.9 percent from the previous month.
Online Equipment Monitoring Drives Productivity Improvements
The CoroPlus MachiningInsights digital system from Sandvik Coromant collects data directly from a connected machine tool and input from operators, making it possible to visualize machine and tool utilization levels online through a web browser and collaborate to make improvements within the factory.
ATA Acquires Karnasch
This deal expands the international cutting tool business of ATA.
U.S. Cutting Tool Consumption Down Slightly
The $205.6 million in orders during February were down 4.4 percent from the previous month.
Seco Tools Names New Director
Bill Barcelona is now their director of customer experience.
Harvey Performance Partners with SolidCAM
This deal bundles cutting tools with CAM high performance chip removal software.
BIG KAISER Donates to NRL
They donate $6,675 to the National Robotics League.
Emuge Appoints Marketing Manager
Shannon Filippelli will be responsible for all marketing related functions.
Hoffmann Group Celebrates Centennial
Their growing $1.1 billion business now has over 3,000 employees.
AHB Tooling & Machinery Changes Ownership
Mike Gleason and Jon Hays purchase this metalworking distributor from Kevin Hess.
Mapal Opens Second Site in Mexico
Their new factory in Querétaro increases production capacity for reconditioning tools and will eventually create 100 new jobs.
Harvey Performance Acquires Micro 100
This deal expands their footprint in milling and turning tool applications, particularly internal boring, grooving, and threading tools.
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