Industrial automation is changing the way cutting tool manufacturers operate. Machines have taken on the heavy lifting at each stage of production letting workers get on with less repetitive tasks. Small cutting tool manufacturers can embrace automation for a more efficient factory.
ToolKart has launched a dedicated E-Commerce Marketplace - www.toolkart.co - for Industrial buyers to choose and procure the Right Cutting Tools online in a hassle free process. Any Industry that employs Metal Cutting Machines can buy online from ToolKart.
LMT Tools was selected in the 27th round of the TOP 100 innovation award and recognized as a Top 100 company in the categories of "Innovation-promoting top management" and "Innovative processes and organization". Compamedia awards medium-sized companies for innovations.
GWS Tool Group has acquired North American Tool Corporation (NATC). They represent the second add-on acquisition in 2020 for GWS. Located in Northern Illinois, North American Tool is a world-class supplier of special taps, dies, solid carbide thread mills and thread gages.
Triumph Tool announced recently that it has formed a direct relationship with Diatool, a German based manufacturer of high performance reamers and compensating holders. With this new Supplier Partner and portfolio expansion, the company is slated to be well-equipped to serve its customers.
Ceratizit is supporting McLaren Racing with cutting tools to produce artificial ventilators. At the start of the COVID-19 pandemic, the British government sought the help of the UK's Formula 1 teams in the fight against the coronavirus. To answer this call, it turned to Ceratizit.
The "physical" Micronora trade fair is postponed to September 21-24, 2021 which will be held at Besançon in France. Hence, the organizers have decided to host a virtual event - e·micronora, which will take place on the dates initially scheduled for the fair – September 22-25, 2020.
April 2020 U.S. cutting tool consumption totaled $142.9 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. With a year-to-date total of $717.5 million, 2020 is down 14.4% when compared with April 2019.
The CoroDrill 860 has an advanced -GM geometry that offers high-performance drilling across a wide range of materials and applications, as well as significantly improved tool life. The new launch stems from one of the most popular product ranges from Sandvik Coromant, the R840.
As part of its ongoing Simplification/Modernization initiative, Kennametal is accelerating its structural cost reduction plans. A restructuring of approximately 10% of salaried employees globally is expected to be substantially complete in the first half of fiscal 2021.