In response to the COVID-19 pandemic, geopolitical disputes, raw materials shortages and trade issues that have rocked global economies and supply chains, a majority of U.S.-based companies are planning to relocate production closer to home. 

Surveying 1,610 executives in the U.S. and Europe, ABB found that 70% of U.S. businesses are planning changes in their operations, with 37% planning to bring production back home and 33% looking to nearshore and shift their operations to a closer location. 

Sandvik Coromant offers its CoroPlus Productivity Improvement Program to provide in-depth analysis of the production cell.

Attendees will find KISSsoft introductory training courses, advanced training courses and special training courses on selected topics in 2022.

Effective June 1, 2022, Index has established a dedicated service department to rebuild tool holders at its North American headquarters in Noblesville, Indiana. Previously, the company processed all such rebuilds at its parent company in Germany. By investing in bringing this capability to the United States, Index expects to cut lead times for rebuilds by 50% - 70%.

With the addition of two new sales engineers in the company’s Midwest Territory, Ceratizit USA looks to continue its double-digit growth while continuing to support and optimize customer tooling and machining processes.

Velo3D, Inc. has announced the opening of its European Technology Center in Augsburg, Germany to manage the company’s operations in Europe, host customers for trainings, and conduct meetings with customers and partners. 

Telit, a global enabler of the Internet of Things (IoT), recently announced a new global corporate headquarters in Southern California. Following the CEO’s move to the U.S., the new headquarters is in the City of Irvine—Orange County’s technology hub—and will support Telit’s strategy to grow its connected devices and solutions business worldwide. The Irvine office will also serve key projects and customers in the region, widening its U.S. presence that currently includes offices in Ill., FL., and N.C. 

Applied Nano Surfaces (ANS), founded 14 years ago as an advanced surface finishing and coating technology innovator, is now called Tribonex.  

It is with great sadness Gleason Corporation announces the passing of James S. Gleason, a Gleason board member and former chairman and CEO of the company who died on June 17th at the age of 88 years old.  Jim, a great grandson of the company’s founder William Gleason, contributed to the company in various roles, continuing to serve as a director on the board up until his death. 

Milton CAT, the Northeast’s Caterpillar (CAT) equipment dealer, has opened its 13th location, a 40,000 sq. ft. purpose-built, Tonawanda, NY, facility. Every feature of the facility is in place to improve safety and efficiency so Milton CAT can support western New York equipment owners with machine sales, machine service, CAT parts, CAT work tools, hydraulic hose repair, and Trimble technology from SITECH Northeast.