News for May 2025

ModuleWorks, a global leader in toolpath generation, simulation and automation software, today announced a financial investment in Toolpath Labs, a company leveraging AI to optimize the machining business. The investment is part of a round of strategic investment in Toolpath Labs led by Kennametal Inc. (NYSE: KMT) and also joined by Leaders Fund.

Tebis AG has restructured its Board of Directors, appointing a four-member executive team to enhance strategic agility and operational efficiency, aligning with evolving market demands.

ENCY Software, a European developer of innovative CAD/CAM/OLP solutions for automating CNC machine and industrial robot programming, has officially registered and launched its wholly-owned Indian subsidiary — ENCY Software India Pvt., Ltd. — in Pune, Maharashtra. The opening marks a strategic expansion into one of the world’s fastest-growing manufacturing and automation markets.