A lot is happening in the cutting tool industry in the month of June. Continue reading our news roundup to learn more about what’s happening in the industry this month.

NC Tool Grinders Market Poised for 6.3% CAGR

A recent report forecasts the global CNC tool grinders market to grow from ~$1.1 B in 2024 to ~$1.9 B by 2034, driven by demand from aerospace, automotive, electronics, and broader manufacturing sectors.

 Automation Upgrade: ANCA’s Six‑Pallet RoboMate Loader

ANCA unveiled a retrofit option that adds two extra pallets to its RoboMate loader, enabling up to 50% increased capacity for automated CNC tool grinding—supporting unattended, high-volume production

Industry Trends: AI, Automation, High-Speed Machining

Advanced trends dominating this year include AI-driven automation, turnkey solutions, and high-speed machining—all aimed at doing more with fewer resources.

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