Germany — “Medium-sized industries see a glimmer of light on the horizon. But not more — the costs are too much of a burden.” This is how the German Steel and Metal Processing Association (WSM) assesses the economic situation in light of the latest preliminary figures from the German Federal Statistical Office.

The German machine tool industry has been experiencing a strong and broad-based upswing in terms of its markets and customer sectors since last year. And 2022 has a good chance of being a successful year for the industry: a 14 percent increase in production is forecast for 2022.

Toolcraft details its steps to a finished automated production of hearing aids, enabling people who suffer from some form of hearing impairment to enjoy “a world full of sound”.

The Rainford Precision stand at Mach 2022 will see the micro-machining experts providing a Free cutting tool giveaway as well as introducing two new brands to the UK. Rainford has recently been announced as the new UK and Ireland distribution partners for both 6C Tools and BSQ Tech and the innovations will be presented to the UK for the first time at Mach.

Austria — After 36 years at the helm of the company, Manfred Kainz is retiring from management of tool management company TCM. He will in future chair the shareholders' meeting. Markus Temmel, the company's COO to date, will take over his role as CEO.

Germany — As expected, the tool, machine and plant manufacturer BBG posted a loss in fiscal 2021 due to the pandemic. This is the second deficit in the company's 23-year history. A

UK — New machines, easy controls and a focus on environmentally friendly manufacturing are the headline-makers for Yamazaki Mazak at Mach 2022.

Now available from stock from TW Ward CNC Machinery is the Takisawa TT1100GC twin-spindle turning centre and the single-spindle TCC1100GA. The Takisawa TT1100GC is a gantry loaded machine that has been designed to take productivity, precision and performance to a new level while the flexible TCC1100GA features a very small footprint.

Covestro rewards scientific pioneering research with two different awards. The company presented both at the Covestro Science Celebration at K 2019.

NSK Europe Ltd. announced the promotion of Dr Ulrich Nass as Chief Executive Officer of the company. Additionally, Nass was also appointed Vice President of NSK.