Modern Machine Shop News
GWS Tool Group Acquires Monster Tool Company
Monster Tool Company – GWS’ fourth acquisition this year – manufactures and distributes solid round cutting tools for aerospace, automotive, medical, energy, heavy equipment and die-mold.
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August 2021 Manufacturing News Highlights
Acquisitions made for a busy month of news at Modern Machine Shop. Here are the top five news stories of August.
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Desktop Metal Launches 3D Printing With Ti64
Desktop Metal claims it will be the first and only company to make Ti64 titanium alloy commercially available for extrusion-based bound metal additive manufacturing. The material is characterized by high tensile strength, corrosion resistance and biocompatibility.
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Inaugural Top Shops Expo Highlights Benchmarking Survey Data
The two-day event will feature education sessions from industry experts backed by the data accumulated from Gardner Business Intelligence’s annual national benchmarking survey.
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Desktop Metal Launches Manufacturing for 316L Steel
Desktop Metal’s Shop System enables users to print end-use parts in 316L stainless steel with throughput, print quality and productivity unattainable via legacy additive manufacturing processes.
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Women in Manufacturing Hall of Fame 2021 Inductees Named
The Women in Manufacturing Education Foundation has announced the 2021 Hall of Fame inductees, who will be honored at the group’s annual SUMMIT.
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Sandvik to Acquire the Creators of Mastercam
By acquiring CNC Software, Sandvik gains an installed base of around 270,000 licensed users, a strong market reseller network and partnerships with leading machine makers and tooling companies.
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Starrag Hires New Applications Engineer
Starrag’s new hire, Matthew West, has experience producing jet engine and airframe components for the commercial and military aviation sectors.
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Vertex Acquires 3D Printing Machine from Velo3D
Vertex Manufacturing is the first contract manufacturer to own a Velo3D system that processes the superalloy.
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Phillips Corporation Creates Supply Chain Management Division
The new division, Phillips Supply Chain Management (SCM), will source medium-to-complex CNC machined parts to U.S. customers from its existing India-based operation of customer/vendor machine shop relationships.
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