Axel Johnson Inc. (AJI), New York, acquired full ownership of Fort Wayne Metals Research Products LLC, Fort Wayne, Indiana, from the Glaze family. AJI first invested in the company in 2021. Founded in 1970, Fort Wayne Metals develops and manufactures high-performance precision materials for medical devices and other critical applications, supporting millions of medical procedures […]
Pressio Spine completes first cases with nitinol compression staple
Pressio Spine announced the successful completion of the first surgical cases using its Continuum compression staple, a superelastic nitinol fixation system for single-level anterior cervical discectomy and fusion (ACDF). The Continuum staple is engineered to provide continuous compression across the fusion site. It uses an in-line spinal positioning design with a streamlined placement technique and […]
Quasar Medical acquires Nitinol Design and Development Center in San Diego
Quasar Medical, a global contract development and manufacturing organization (CDMO) for minimally invasive medical devices, acquired the Nitinol Design and Development Center in San Diego, California, from Medres International. The 10,000-sq-ft center, established in 2024, provides nitinol design, development, process engineering, and precision manufacturing for minimally invasive devices. Its capabilities include laser cutting, shape setting, […]
Can-Eng to supply walking beam austenitizing furnace for wear-resistant plate
Can-Eng Furnaces International, Niagara Falls, Ontario, Canada, was awarded a contract to design and supply a high-temperature plate processing austenitizing furnace system. The system will produce critical wear components used in ground-engaging equipment that operates in severe service conditions. The customer was not named. Austenitizing is the high-temperature step that precedes quenching when hardening steel. […]
Aichelin supplies vacuum heat treatment system to Turkish tool steel producer
Aichelin, Mödling, Austria, delivered, installed, and commissioned a vacuum heat treatment system for Ayhan Takım Çelik A.Ş., a Türkiye-based provider of tool steels and technical materials. The investment expands the customer’s heat treatment capabilities for premium tool steels, particularly for demanding aluminum extrusion and die-casting applications. The installation consists of a vacuum gas-quenching furnace with […]






