HSS metal cutting tools market to reach US$9.1 billion by 2027

Amid the COVID-19 crisis, the global market for High Speed Steel (HSS) metal cutting tools estimated at US$6.9 billion in the year 2020, is projected to reach a revised size of US$9.1 billion by 2027, growing at a CAGR of 4% over the analysis period 2020-2027.

Hardinge to acquire J.G. Weisser

Hardinge Inc. and J.G Weisser GmbH & Co. KG have entered into a definitive agreement under which Hardinge will acquire Weisser, enhancing Hardinge's turning and milling platform with an attractive portfolio of products and technologies.

CNC milling machines market to reach revenues of US$21.55B by 2026

The CNC milling machines market is expected to grow at a CAGR of over 8.72% during the period 2020−2026

High productivity in manufacture of cutting tools

At the Institute of Production Engineering and Machine Tools (IFW) of the Leibniz University Hannover, a new tool grinding process has recently been developed in order to address the mentioned challenges and increase the productivity during tool manufacture.

Maximum process reliability meets maximum efficiency

Dynamic milling as an optimum milling strategy for demanding process conditions

The next step to unmanned production

Rolf Olofsson, Product Manager at Sandvik Coromant, explains further into this and how the inserts could be significant when they’re used with a digital platform of connected tools and software like Sandvik Coromant’s CoroPlus®.

Machine tool builder benefits from NSK motion control solutions

Euromac, a global specialist in the design and manufacture of punching and bending machines, is benefitting from NSK ball screws, linear guides and bearings in two high-profile recent projects.

NatureWorks authorised to build $600 million plant in Thailand

NatureWorks passes final authorization milestone for new fully integrated Ingeo PLA manufacturing plant in Thailand

SI Group expands in US and India

SI Group to raise resole production capacities in their US and India facilities to meet growing demand.

Coca-Cola and Nestlé dominate food and drink sector

The majority of the subsectors included in the Brand Finance Food & Drink 2021 report have recorded cumulative brand value losses this year, as the sector negotiates the fallout from the COVID-19 pandemic.

Rise of the picking robots

Robotic technologies are indispensable in many intralogistic processes and essential for high throughputs when it comes to depalletizing, palletizing or order picking.

Easy entry to artificial intelligence

A company does not necessarily need a qualified specialist in order to use artificial intelligence (AI). A Fraunhofer study shows another way that small and medium-sized companies can proceed.