Rollomatic Inc., located in Mundelein, Illinois, is a subsidiary company of Rollomatic SA, a privately owned Swiss company established since 1989 in Le Landeron, Switzerland. Rollomatic maintains its leadership position in the field of laser cutting ultra-hard materials by announcing the launch of a femto-second laser cutting machine for PCD (polycrystalline diamond) and other … [Read more...] about Rollomatic Milestone Achievement of Building the First Femto-Second Laser Cutting Machine for Ultra Hard Materials
Press Releases
Plastics Industry Association Announces Top Leadership Appointments
The Plastics Industry Association (PLASTICS) Board of Directors has voted to appoint Matt Seaholm to the position of chief executive officer (CEO) and Glenn Anderson to the position of chief operating officer (COO). Seaholm has served as PLASTICS’ vice president of government affairs for the past two years and prior to that was the executive director of the American Recyclable … [Read more...] about Plastics Industry Association Announces Top Leadership Appointments
SmarTech Analysis Reports on Growth of Additive Manufacturing Industry
The fourth quarter of 2021 capped a strong year for additive manufacturing markets, according to SmarTech Analysis, New York, New York. The growth rate for all additive hardware, materials, software and outsourced services is estimated to be 18 percent (to $10.6B) for 2021 compared to the same period in 2020. Specific to Metals, the market grew 16 percent, to $3.9B. Specific … [Read more...] about SmarTech Analysis Reports on Growth of Additive Manufacturing Industry
North American Tooling Industry Increases Utilization, Revenue in 2021
Harbour Results, Inc. (HRI), a leading manufacturing industry consulting and benchmarking company based in Southfield, Michigan, recently released the results of the Q1 2022 Harbour IQ Manufacturing Pulse Study. The analysis indicates that the tooling industry rebounded in 2021 with companies on average seeing year-over-year revenue growth of 10. Additionally, both mold and die … [Read more...] about North American Tooling Industry Increases Utilization, Revenue in 2021
US Trade Representative Announces Reinstatement of US Tariff Exclusions
The US Trade Representative announced March 24 the reinstatement of 352 exclusions from Section 301 tariffs. Some items included in the reinstated tariff exclusions are industrial goods such as mechanical and electrical products, vehicle components, printing circuit boards, chemicals and more. These products comprise much of the $370 billion in imports from China onto which the … [Read more...] about US Trade Representative Announces Reinstatement of US Tariff Exclusions
Platinum Tooling Expands Tool Line
Platinum Tooling Technologies, Inc., Prospect Heights, Illinois, announced that it has expanded its line of Heimatec tooling for the Haas BMT turret. The product line includes a variety of driven tools (axial and radial drilling and milling heads) as well as static tool holders. These driven tools were recently reengineered and are capable of running at a higher rpm for a … [Read more...] about Platinum Tooling Expands Tool Line