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Hot Off the Press


Wilson Tool Acquires Italian Maker of Press-brake Tooling

Friday, January 4, 2013
Wilson Tool Incl., White Bear Lake, MN, has acquired Toolspress, a manufacturer of press-brake tooling and clamping systems. Toolspress ( operates out of a 5200-sq.m manufacturing facility in Parma, Italy, as well as a U.S. office in Greenwood, IN. More at


Scholarships Aimed at Students Eyeing Automotive-Industry Careers

Friday, January 4, 2013

The Specialty Equipment Market Association (SEMA), Diamond Bar, CA, is accepting applications until March 29, 2013, for a series of academic scholarships available through its Memorial Scholarship Fund. Awards, which range from $2000 to $5000, are available for students preparing for careers in the automotive or automotive-parts industries and are based on academic achievements, work experience, community involvement, essay content and recommendations. SEMS also offers a loan-forgiveness award, available to recent graduates working for SEMA-member companies and paying off existing student loans. For details and applications for both award programs, visit


Metalforming Industry Movers & Shakers

Thursday, January 3, 2013
Richard Sade, vice president and COO of S&S Hinge, a PMA member company located in Bloomingdale, IL, has been elected to the Manufacturing Leadership Council’s Board of Directors.  The council’s mission is “to help senior executives define and shape a better future for themselves, their organizations, and the industry at large.” It produces a variety of leadership networking, information and professional-development products;

Precision sheetmetal fabricator and stamper Laystrom Manufacturing Co., Chicago, IL, hired Eric Hauser as manufacturing manager. He’ll oversee the firm’s manufacturing and operations support departments, and lead its continuous quality- and process-improvement activities;

Bunting Magnetics, Newton, KS, named Robert Bunting, Jr. business strategist—metal detection. The firm manufactures magnetic products for a variety of industries;


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