Walter AG, founded in 1919 by Richard Walter and headquartered in Tübingen, Germany, is a leading global provider of precision tools for the metalworking industry. The company's extensive product portfolio includes milling, turning, grooving, drilling, and threading tools, as well as customized special tools and technology solutions along the entire machining process chain. Walter AG is renowned for its engineering competence, delivering high-quality, innovative, and efficient machining solutions to industries such as automotive, aerospace, energy, and general engineering. With a presence in over 50 countries, Walter AG combines technological expertise with customer-centric services, driving advancements in manufacturing productivity and precision engineering.
Walter is introducing a new double-sided indexable insert for turning machining operations under the designation "MU5". The insert can be used universally both for steel forged parts in automotive series production, such as drivetrain or gearbox components, and for components made from stainless materials.
Walter has reached an agreement to acquire the privately owned US based company Melin Tool Company, a manufacturer of solid carbide and HSS end mills, drills and countersinks.