NEWS

PUBLISHED: 2/19/2019

Absolute Sells Company to Employee Stock Ownership Plan

In the transaction, Absolute Machine Tools owners Steve and Courtney Ortner sold 100 percent of their ownership interest to a newly created ESOP, allowing current and future employees to gain a beneficial ownership interest in the company without an...


PUBLISHED: 2/18/2019

Company Sells to Employee Stock Ownership Plan

In the transaction, current and future employees of CNC Indexing and Feeding Technologies gain a beneficial ownership interest in the company without any personal monetary investment.


PUBLISHED: 2/14/2019

Tornos Technologies US Corp. Appoints New President

Daniel Maerklin has worked the past 14 years in the machine tool and metal-processing industries and brings strong leadership and market knowledge to Tornos.    


PUBLISHED: 2/8/2019

MC Machinery Hires Southeast Regional Sales Manager

Based in Florida, Jeff Grim will oversee operations and be responsible for supporting current customers while developing new partnerships within the southeast region and the state of Indiana.


PUBLISHED: 2/7/2019

Heule Tool Line Selected for Award

Heule Precision Tool’s BSF tooling has been selected as a finalist for the Swiss-American Business Council (SABC) Innovation Award for 2018. The automated Back Spot Facing tool was chosen for its ability to reduce production cos...


PUBLISHED: 2/6/2019

Methods Appoints General Manager for Memphis Tech Center

Methods Machine Tools Inc.’s Jon Dobosenski has been appointed as general manager of Methods' new Memphis Technology Center.


PUBLISHED: 2/5/2019

Zeiss to Build Facility in the Detroit Area

New site offers system demonstrations for customers as well as metrology services.


PUBLISHED: 2/4/2019

Sunnen Establishes Direct Sales in Canada

Sunnen brings direct sales and service to Canada, providing an enhanced customer experience and full access to the company’s total bore solutions.


PUBLISHED: 2/1/2019

Global Shop Solutions Named 2018 FrontRunner for ERP Software

Dusty Alexander, president and CEO of Global Shop Solutions, says, “For more than 40 years, we have taken great pride in our ability to love, serve and care for our great customers, which is reflected in our customer reviews and our ...


PUBLISHED: 1/31/2019

Fives Moves Machine Tool Services and Solutions Business to New Facility

The Machine Tool Services and Solutions business provides productivity enhancements and service support to aerospace and industrial manufacturers for the full range of machine tools in their facilities.


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