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Investment Firm Acquires Precision Metal and Plastic Fabricator

Monday, December 31, 2012
Tenere, Inc., a custom stamper and fabricator with facilities in Lakewood, CO, and in Dresser, St. Croix Falls and Somerset, WI, has been acquired by The Watermill Group, a private-investment firm located in Lexington, MA. Tenere, which performs rapid prototyping and fabricates sheetmetal, injection-molded products and machined parts, also announced plans to add state-of-the-art equipment to its newest facility in St. Croix Falls, bring on a new CEO and hire as many as 100 new employees within the next year. Learn more at

Finished-Steel Imports Up Notably in 2012

Monday, December 31, 2012
The American Iron and Steel Institute, Washington, D.C., reports that the United States imported slightly less than 2.7 million net tons of steel in November, including nearly 2 million net tons of finished steel (up 2 percent and down 6 percent, respectively, from October). Year-to-date finished-steel imports are up 18 percent over the same period in 2011. Learn more at

Sandvik Adopts ISO Standard for Representing and Exchanging Cutting-Tool Data

Thursday, December 27, 2012
Sandvik Coromant, Fairlawn, NJ, has adopted the ISO 13399 standard for simplifying data representation and exchange for cutting tools. The standard provides for the description of product data pertaining to cutting tools independent of any specific system, making it suitable not only for neutral file exchange but also as a basis for implementing and sharing product databases and archiving. For example, there is no longer any need to change existing programming settings to use Sandvik Coromant tooling. ISO 13399 can typically be deployed to ease and optimize the exchange of data between CAD, CAM, CAE, PDM/EDM and other computer-aided technologies. Learn more at


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