APMEN was invited to the Iscar customer seminar in Tefen, Israel to check out the latest products and innovations and have a chat with Jacob Harpaz, CEO of Iscar and President of the IMC Group. Syed Shah reports from Israel.
Tokyo Kobe Steeland partners Sugita Wire, Ltd. and China’s Fasten Group have agreed to increase the production capacity of their Chinese joint venture that processes special steel wire rod into wire.
Kim Seidelman, has been appointed the regional president of the Asia-Pacific sales region. Walter will organise its global sales in four regions, rather than three regions it has had.
Sandvik Coromant has taken another step in the development of fine boring technology by introducing CoroBore 826, a groundbreaking high-precision (HP) coolant tool for trouble-free machining and close hole tolerances.
Schuler is focusing in particular on new growth markets in China and other emerging markets. In spring this year, the company’s acquisition of a majority stake in Chinese press manufacturer Yadon is expected to be finally closed. The necessary approval from China’s anti-trust authorities has now been received.
TaeguTec has introduced a new grade, the TT7515 coating helps offer more stability with a uniform and rigid reinforcement, the new coating adhesion, due to their CVD coating technology, helps to increase wear resistance.
In today’s ever evolving industrial needs, the evolution of the carbide insert determines the cutting edge advantage. Contributed by Andrei Petrilin, technical manager of indexable milling, and Marcel Elkouby, material science engineer manager, material & coating development, Iscar.
MachiningCloud is a new app that aims to reduce the time it takes to find, select and assemble tools by at least 75 percent.
Kennametal has reported results for the 2016 fiscal first quarter ended September 30, 2015, with a loss per diluted share (LPS) of $0.08, compared with the prior year quarter EPS of $0.49. Adjusted EPS were $0.14 in the current quarter compared with $0.56 in the prior year quarter.
Greenleaf Corporation, a company involved in developing cutting tool technology and ceramic materials has named two new executives for the company’s management team. Jim Kyper is the newly appointed secretary and general counsel, while Bernie McConnell is the company’s executive vice president-commercial.