Purchases of capital equipment by U.S. machine shops and other manufacturers fell to $387.3 million in July, down-9.5% from June but still 20.1% higher than the July 2024 result. The strength of the ...
Absolute Machine Tools Inc. has purchased its Lorain facility and plans to expand the building, a move expected to double the ...
The lathe is known as the King of Machine Tools for a reason. There are very few things that you can’t make with one. In fact, people love to utter the old saw that the lathe is the only machine tool ...
MACHINE TOOL INDUSTRY. FRANK A. SCOTT, a Clevelander at the forefront of the machine tool industry during the early 1900s, once remarked that no metal could be available for modern uses until a ...
One aspect of this partnership is the expansion of DMG Mori’s end-to-end digital twin for machine tool machining on the Siemens Xcelerator Marketplace. Specific technologies for the creation of ...
The global supply chain realignment away from China is expected to accelerate, driven by the tariff war between the world’s largest consumer — the US — and the world’s largest producer — China. This ...
During the past decade, product innovation, improvement, and cost reduction programs have led to growing interest in machining parts with ever-tighter tolerances. Accurate parts reduce costs by ...
Absolute Machine Tools Inc. recently purchased a building in the city of Lorain and plans to add additional square footage, according to a news release. The project will enable the company to double ...
Sometimes referred to as “mother machines,” machine tools are vital to the manufacture of components for everything from cars to domestic appliances. In 2010, Japan was overtaken by China as the world ...