Abstract: A milling cutter comprises a cutter body having at least two operational annular rings. An outer ring is provided for rough milling and includes a plurality of cutting inserts spaced about the periphery of the cutter body. Positioned radially inward of the outer ring is at least one inner finish ring. The finish ring comprises a coating of abrasive material. As a result, a workpiece can be both rough and finish milled by a single milling cutter with the rough cutting inserts and the abrasive material.

Abstract: A milling cutter comprises a cutter body having two concentric annular rings. An outer ring is provided for rough milling and includes a plurality of cutting inserts equally spaced about the periphery of a cutter body. An inner finish ring comprises a ring member having a coating of abrasive material. As a result, a workpiece can be milled by a single milling cutter with the rough cutting inserts and then the abrasive material.

Abstract: Both a device and method for adjusting the position of a cutting insert relative to the body of a cutting tool such as a milling cutter are provided. The device includes a cantilevered wall integrally connected to the tool body, that forms a portion of the pocket in the tool body that supports a side of the insert, and a wedge mechanism for elastically flexing the cantilevered wall to adjust the position of a cutting edge of the insert relative to the tool body. The wedge mechanism may take the form of a screw threadedly engaged to the tool body that has a conical head engaged against the cantilevered wall such that when the screw is turned, the conical wedge formed by the screw head flexes the cantilevered wall a small distance. The device advantageously allows fine adjustments to be made in the position of the cutting edge of an insert by the simple turning of a single screw.