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LMT Boehlerit awarded UK innovation prize

28. October 2008

Leading Austria cutting tools manufacturer, LMT Boehlerit, has won the prestigious MWP Award 2008 for the 'Best Research & Development Project' for Nanolock, its new tool coating product. The award ceremony was held at MACH 2008 in Birmingham, the UK's largest trade show for the manufacturing industry.  

Nanolock is a particularly innovative nanotechnology-based coating which was developed by LMT Boehlerit's in-house R&D team in Kapfenberg after two years of intensive research. When this unique nano-coating is applied to precision cutting tools, it drastically improves hardness and wear resistance. 

Nanolock is a titanium carbonitride (TiCN) coating and is set to become a central element of LMT Group coating innovations for milling, turning, bar peeling and crankshaft machining.

LMT Boehlerit was awarded the prize for 'Best Research & Development Project' for its Nanolock coating at the MWP Awards 2008. The MWP Awards were devised 25 years ago to recognise outstanding achievement in manufacturing technology. The award ceremony took place at MACH , the UK's premier manufacturing technology exhibition.

LMT Boehlerit's ground-breaking innovation in hard metal coating, Nanolock, has previously won theStyrian Research Award for Nanosciences and Nanotechnologies 2006 as well as the MM (Maschinenmarkt) Award for Innovation 2007.

About the LMT Group

The LMT Group (Leitz Metalworking Technology) comprises six metalworking companies, all well-known cutting tool makers in their own right which have been brought together by family-owned company, Leitz. LMT Boehlerit , Austria, produces carbide powder, carbide inserts, insert coating, cutting tools with a bar peeling, crankshaft milling and pipe machining.

Product R&D resides within each of the six companies, but carbide materials R&D is centred at Boehlerit, Austria, for both metalworking and woodworking tools.

Collectively, the Leitz woodworking and Leitz metalworking activities employ 6,500 worldwide, 3,200 in the LMT Group of metalworking companies, 600 of those at Boehlerit, Kapfenberg. The group had a turnover of of £650 million in 2006, the metalworking companies representing £380 million in 2006, with Boehlerit's share being £113 million of that, of which some £40 million was for wear parts.