Modern Machine Shop News

Grede Holdings Appoints VP, Engineering and Technology

Jay Solomond brings over 20 years of experience in product engineering and new business development.

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Manufacturing Technology Orders Down in July

Orders dropped by nearly 12 percent from June, but there is reason for optimism in the months following IMTS 2014.

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Arch Global Precision Acquires Voisard Tool

The acquisition is Arch’s biggest to date.

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Mitsubishi Materials Becomes Tooling Provider for Roush Yates Engines

Roush Yates companies produce engine components for NASCAR’s premier racing series.

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U.S. Cutting Tool Consumption Down 1.1 Percent in July

Despite the decrease, consumption has remained strong for six consecutive months.

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Techniks Parent Company Changes Its Name

Techniks Industries intends the name change to reflect its subsidiaries’ wider offerings.

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Contraction Expected in China’s CNC Machine Tool Market

A study conducted by GCiS China Strategic Research predicts market contraction to be countered by later growth.

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Prestige Equipment Hires Director of Surplus Asset and Financing Programs

Fred Hochman will serve as the company’s director of surplus asset programs and director of equipment financing.

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International Additive Manufacturing Award Announced

The first award winner will be announced at the MFG Meeting in March 2015.

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Romi Machine Tools Appoints Two Regional Distributors

Peak EDM will serve Michigan, while Rice Machinery will serve New England.

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