ArcelorMittal SA to sell Macsteel stake
The proceeds of the sale will be used to fund working capital requirements and investments in the operating businesses. ArcelorMittal’s South Africa unit will sell its 50 per cent stake in trading and shipping company MIHBV to its joint venture partner Macsteel Holdings Luxembourg (MacHold) for $220 million, the steel maker said recently. The proposed transaction, which is subject to several conditions, will be consummated through a sale of shares agreement.
Showcasing local manufacturing initiatives using the latest technology tools
The first Innovations in Industry Technical Conference will take place at Nelson Mandela University on Friday 7 September 2018. This event will focus on sharing applications of new technology being used in the South African manufacturing arena. Presentations throughout the day on latest technology will include topics such as metal additive manufacturing, designing for additive manufacturing, optimisation and automotive design and lightweighting.
Yamazaki Mazak starts assembly operations at its new Inabe Plant
While the final stage of construction is ongoing, the Inabe Plant has already begun producing new Variaxis Series five-axis machining centers and Versatech Series five-axis double-column machining centers. The facility also includes significant floor space devoted to performing test cuts for customers on these large machine tools. When the $176 million (¥20 billion) facility is finished, the 56 000m² production floor will take over operations from the current Seiko Plant.
Supervisory Board change at DMG MORI – Dr. Mori is new Chairman
The German arm of the global machine tool manufacturing company has reported a record order intake for the first quarter of the year, with the firm breaking the €800 million mark. At the recent 116th Annual General Meeting of shareholders DMG MORI Aktiengesellschaft welcomed approximately 450 shareholders. Thus some 88% of the share capital were represented.
Automotive import probe launched in US
The Trump administration has launched a national security investigation under Section 232 of the Trade Expansion Act of 1962 into car and truck imports that could lead to new US tariffs similar to those imposed on imported steel and aluminium in March. That could lead to tariffs of up to 25 per cent on the same national security grounds used to impose US steel and aluminum duties.
Widia releases app for access to product feeds, speeds
Widia has created an app to quickly access machining speeds and feeds for Widia tooling without interrupting production. The newly released Machining Central app scans the Widia product barcode or searches the tool’s corresponding order number or an ANSI or ISO catalog number to automatically generate product information and availability along with feeds and speeds in seconds.
Parnis manufactures large mine winder for Canadian gold mine
Engineering company, Parnis Manufacturing recently delivered a 23 ton, three metre single drum winder to a gold mining company in Canada. Parnis said the unit would be used as a man winder and service hoist, reaching depths of 2 000 metres. Manufacturing the winder using material that is safety critical, Parnis Manufacturing’s contribution was to profile and roll, fabricate and weld, inspect, machine and paint, among other specialist services.
Cape Gate fined R40 million for cartel conduct
The Competition Tribunal has confirmed a R40 million settlement agreement with wire and steel manufacturer Cape Gate, following the company’s admission of price fixing, dividing markets and collusive tendering in respect of lightly galvanised wire, nails, wire and various wire products. The Competition Commission has welcomed the confirmation by the Tribunal as an order for the fine of R40 million.
Competition Commission approves Amsted Rail Company Inc’s merger with the Cast Products Division of Scaw SA (Pty) Ltd
South Africa’s Competition Commission has approved the proposed merger, with conditions, whereby Amsted Rail Company Inc. (Amsted) intends to acquire the Cast Products Division of Scaw South Africa (Pty) Ltd (Cast Products SA). Amsted is an American company, ultimately a wholly-owned subsidiary of Amsted Industries Incorporated.
TASA changes name to Production Technologies Association of South Africa
The Toolmaking Association of South Africa (TASA) was established in 2004 as a representative body for the South African tool, die and mouldmaking (TDM) industry. TASA was established to address the South African TDM and precision machining industry, which had been losing significant capacity, and with it, its global competitiveness and ability to enhance job creation – all to the detriment of the manufacturing sector and the economy as a whole.
NAACAM show to be held in Durban in 2019
The National Association of Automotive Component and Allied Manufacturers (NAACAM) has announced that the NAACAM Show 2019 will be hosted by eThekwini Municipality in partnership with the Durban Automotive Cluster (DAC). This second iteration of the show will take place at the Durban International Convention Centre (ICC) on 12 – 14 March 2019. Bookings were due to open in late May 2018.
FFG acquires MHD gear-machining solutions
FFG Europe & Americas, the Eislingen-based (www.ffg-werke.com) machine tool group with a variety of German, Swiss and Italian brands (including MAG, VDF Boehringer, Hessapp, Modul, Jobs, Tacchella, Pfiffner and others), is broadening its portfolio for gear-manufacturing solutions. In March, the group acquired the bevel-gear-generating and gear-shaping machines of the Chemnitz-based gear technology and retrofit specialist MHD.
COMA 2019 – International Conference on Competitive Manufacturing
Following the success of the 6th International conference on Competitive Manufacturing (COMA ‘16), held in January 2016, the organisers are pleased to announce that the 2019 conference, hosted by the Stellenbosch University – Industrial Engineering Department, will be held in the last week of January 2019, from the 30th of January to the 1st of February 2019, in the beautiful Stellenbosch winelands.
Wohlers Report 2018 shows dramatic rise in metal additive manufacturing and overall industry growth of 21%
Industry expanded by more than $1.25 billion. Wohlers Associates, Inc. has released the Wohlers Report 2018, the global report on the state of the additive manufacturing (AM) and 3D printing industry, terms used interchangeably. Wohlers Associates has published its series of annual reports on AM for 23 consecutive years.
DMG Mori’s ‘Path of Digitisation’ focuses on automation solutions, new technology
The theme at DMG Mori’s open house exhibition in Pfronten, Germany this year was the “Path of Digitisation” showcasing the company’s technology, including a digital factory, holistic automation solutions and new technology. Approximately 9 000 visitors, including media members and DMG Mori customers, saw 70 high-tech machines, including the world premiere of the new NTX 3000, as well as innovative manufacturing processes such as additive manufacturing.
Sassda calls for entries to 2018 Awards
The theme for this year’s Sassda Columbus Stainless Awards is “Celebrating Innovation”. These prestigious awards serve to recognise and applaud exceptional achievements within the stainless steel industry and aim to recognise and promote excellence, innovation and entrepreneurial development as well as profile world-class thinking and success at both a local and international level.
Ford expands engine assembly operations at Struandale engine plant
Ford Motor Company of Southern Africa (FMCSA) is expanding its operations at the Struandale Engine Plant in Port Elizabeth as part of a wide-ranging investment in its two South African plants, announced late last year. “We are delighted to confirm that, as part of the R3 billion investment announced in November 2017, we are expanding both the capability and capacity of the Struandale Engine Plant for our current and future engine programmes,” says Jacques Brent.
BMW reveals production plans for Africa
Global premium vehicle manufacturer BMW, which has production plants in South Africa and Egypt, anticipates having another plant in sub-Saharan Africa within the next 10 years. Tim Abbott, the chief executive of BMW Group South Africa, confirmed to Business Report recently that BMW would look at establishing an assembly plant in sub-Saharan Africa “when the time is right”.
Japan machinery manufacturers with China links hit by trade war fears
Shares of Japanese machinery makers with heavy exposure to China plummeted recently as China and the United States moved closer to a trade war that could damage global growth, according to a Reuters article in The Asahi Shimbun. Shares in machinery manufacturers, which account for 20 per cent of Japan’s total exports, had enjoyed strong gains in the past year on the back of brisk demand for investment in electronics and semiconductors in China, Japan’s biggest trading partner.
India overtakes UK as car sales surge
India’s automotive sales surged at the second-fastest rate in the world in 2017, with total numbers exceeding developed markets like the UK and France and coming within striking distance of Germany. India closed the last calendar year with sales of 3.61 million units – a growth of 8.8% and putting India in fifth spot in the world behind China (25.8 million), the USA (17.23 million), Japan (5.16 million) and Germany (3.71 million).
Huge break for auto companies as China removes ownership caps
China has removed a 20-year restriction allowing foreign companies to gain a greater share of its market. China will let foreign automakers from Volkswagen AG to Ford Motor Co. own more than 50% of local ventures, removing a two-decade restriction and giving a boost to global companies seeking to capture a greater share of the world’s largest car market.
Buoyant German machine tool industry
The German machine tool industry’s order bookings increased by 24% in the fourth quarter of 2017, compared with the same quarter in 2016. Domestic orders were up by 48%, while orders from abroad rose by 13%. For 2017 as a whole, there was an overall increase of 8%, with domestic orders climbing by 10%. Orders from abroad ended up 7%, with euro-zone nations the driving forces here.
Isuzu Motors takes over GMSA plant
Japan’s Isuzu Motors made its official debut in Port Elizabeth after taking over General Motors South Africa facilities around the country and 1 000 GMSA employees. Trading as Isuzu Motors South Africa (IMSA) since the start of 2018, the debut also served as a platform to reveal the company’s new SUV segment contender‚ the Isuzu MUX (Multi Utility Crossover).
Mercedes-AMG with V8 power rolls off the line in East London
The integration of the three new models (Mercedes-AMG C 43 4MATIC, Mercedes-AMG C 63 and Mercedes-AMG C 63 S), was smooth with absolute minimal interruption to the current production in the East London plant. More than 1 700 Mercedes-AMG C 43 units have been exported as part of the normal export plan from the plant, which once again reached record levels in 2017.
19th International Annual RAPDASA Conference
7 to 9 November 2018, University of Johannesburg and Resolution Circle. Following the success of the 2017 International RAPDASA conference, the organisers are pleased to announce the 19th Annual International RAPDASA conference. This event will be jointly hosted by the University of Johannesburg and Resolution Circle, on behalf of RAPDASA, and will be held from 7 to 9 November 2018 in Johannesburg.
Evraz Highveld Iron Plant 1 at Highveld Industrial Park up for sale
Not long ago, the Highveld Steel iron plant was a place of flames, fire, thunder and lightning. That was until it was placed into business rescue in April 2015. However, a business strategy was set in motion to convert the steel complex into the Highveld Industrial Park and to see the park capitalise on its strategic location and key facilities.
Recycling your metals matters
South Africans used more than 198 000 tons of metal cans, foil trays and aerosols during 2016 alone. MetPac-SA, the material recovery organisation representing the steel, tinplate and aluminium packaging industries in South Africa, is reminding South Africans that recycling their metals matters to the thousands of schools, collectors and convertors who earn a living from recycling this material.
Latest stats reveal top 10 most automated countries
The automation of production is accelerating around the world, according to new figures published by the International Federation of Robotics, which shows global robot density is on the rise. The 2017 World Robot Statistics have revealed that 74 robot units per 10 000 employees is the new average of global robot density in the manufacturing industries, up from 66 units in 2015.
ASF Metrology to acquire Nikon Metrology CMM business
Nikon Metrology has announced that ASF Metrology intends to acquire Nikon Metrology’s coordinate measuring machines (CMM) business. The closing of the transaction is expected to take place in about two months. Nikon Metrology’s CMM activities, with offices in Belgium, France, Germany, the UK and the USA, represent approximately 25% of the total Nikon Metrology worldwide consolidated turnover.
Trumpf acquires Amphos, a manufacturer of ultrashort pulsed lasers
Amphos develops and produces ultrashort pulsed lasers with high output power for manufacturing and research applications. Ultrashort pulsed lasers are especially important in electronics manufacturing where they are used to produce items such as printed circuit boards, displays and cover glass. The key to Amphos lasers is InnoSlab technology, which was co-developed by the company’s founders while still a part of ILT.
Tungaloy partners with MachiningCloud
Metal cutting tools manufacturer Tungaloy and product data provider MachiningCloud have partnered to provide Tungaloy product data on the cloud. Tungaloy and MachiningCloud have jointly announced their partnership to provide Tungaloy product data on the Cloud. Tungaloy is a manufacturer of a diverse range of products, including metal cutting tools, such as indexable inserts and steel products.
Hardinge Inc. to be acquired by Privet Fund Management
Total transaction value of approximately $245 million. Hardinge is a manufacturer of CNC machine tools developed for hard-to-machine metal parts and a producer of workholding accessories. Under the terms of the agreement, Privet will acquire all shares of Hardinge common stock not currently owned by Privet for $18.50 in cash, for a total transaction value of approximately $245 million.
Sandvik invests in metal powder plant
Sandvik has announced plans to invest about $25 million in a new plant for manufacturing titanium and nickel fine metal powders. Sandvik will invest about 200 million SEK in a new plant for manufacturing of titanium and nickel fine metal powders within the business area Sandvik Materials Technology. The investment will complement the existing powder offering and strengthen Sandvik’s position in the rapidly growing markets for metal powder and metal additive manufacturing.
Prima Industrie marks 10th anniversary of Finn-Power purchase with new headquarters
Prima Industrie S.p.A, a manufacturer of laser systems, sheet metal working systems and electronic components for industrial applications, is celebrating 10 years since the acquisition of Finn-Power. That acquisition, which allowed the Group to assume an increasingly global dimension, was followed by a phase of deleveraging and financial strengthening.
Mazak Partners with MachiningCloud to provide easy access to machine tools
Japanese machine tool manufacturer Mazak has partnered with MachiningCloud, a provider of product data content for the machining industry. The partnership will in future enable Mazak customers to have direct access to complete and up-to-date cutting tool product data from cutting tool and workholding manufacturers.
Mastercam and Widia announce new fast and simple tooling data solution
CNC Software, Inc., developers of Mastercam, have collaborated with Widia, the original German tungsten carbide tool developers, to provide a solution that enables CAM users to quickly import tool assemblies from Widia Novo directly into Mastercam 2018.
Bystronic forms partnership with TTM Laser
For many laser sheet metal processing companies, the expansion of their production portfolio to include tube processing is a logical step in to differentiate themselves from their competitors, thanks to a wide production range. Bystronic, based in Niederönz, Switzerland will support this by entering a strategic partnership with laser-based tube and profile processing specialist TTM Laser, based in Cazzago San Martino, Italy.
Yaskawa to increase production capacity by 25 per cent in China
Overactive Chinese manufacturers of smartphones and computers have driven Yaskawa to the point of increasing production capacity by 25 per cent. Yaskawa says it will increase its monthly output from its current 1 200 units per month to 1 500 units per month to meet frenetically increasing demand from Chinese electronics manufacturers, according to a report on Nikkei.
Trumpf presents ‘fastest 3D printer in the world’
Trumpf presented what it says is the world’s fastest and most productive medium-format 3D printing system. TruPrint 5000 works according to a so-called multi-laser principle with three beam sources and is equipped with optics specially designed by Trumpf. In combination with the exposure strategies developed by Trumpf and the optimally adjusted process parameters, the TruPrint 5000 cuts exposure time per job by a factor of three.
DMG MORI ups its automation game by establishing a new joint venture company with German company Heitec AG
Also announces joint lubrication development with Fuchs. DMG MORI has upped its automation game by founding a new joint venture company with German company Heitec AG. DMG MORI Heitec GmbH represents an extension to the two companies’ collaboration over recent years.
Tooling specialist Walter AG acquires cloud platform firm Comara
The two companies have, in fact, been working together since 2012. Upon the acquisition, an official statement read: “Walter AG is expanding its expertise with Comara and will therefore be able to connect tools with greater sophistication and optimise them using real-time data in future. Combined with the existing Walter ToolID, this will give rise to the production of ‘Smart Tools’ in future.”
GF buys machine connectivity software developer
Machine tool developer and manufacturer GF Machining Solutions is buying Symmedia GmbH, a privately owned software developer that specialises in machine connectivity systems. Connecting machines with security is “the basis of the future development of industrial processes,” according to GF’s statement, in which it also described the acquired company as “a key player in factory digitalisation.”
Trumpf acquires majority stake in Access Laser
Access Laser Company (ALC) and Trumpf GmbH have announced that they have entered into an agreement where Trumpf will acquire an 85% share of ALC. Trumpf is a global technology leader in lasers, with a reputation for delivering world class manufacturing solutions. By acquiring a majority stake in ALC, Trumpf has secured a key player in Extreme UltraViolet (EUV) photolithography.
Ceratizit acquires Komet Group
Explains Komet Group chief Dr. Christof Bönsch: “The disruptive changes in the market environment pose enormous challenges for Komet. The acquisition by Ceratizit now opens up new opportunities for sustainable growth. The takeover sees the emergence of a new global player with superior technology expertise and broad market access.”
OrderFox.com helps shops compete in an online marketplace
The speed and complexity of the CNC business is growing with the progression of digitisation and Industry 4.0. All business processes, horizontal and vertical, are becoming more efficient. For CNC manufacturers and buyers alike, digital networking is becoming an indispensable platform for keeping up within the competitive landscape.
SLM Solutions expands dealer network in Africa
Metal Heart Additive Technology Africa will distribute the company’s Selective Laser Melting (SLM) platforms across the country and provide advice and support as and when required. The South African outfit has been working intensively with SLM technology since 2014, and will now add the offerings of SLM Solutions to its portfolio.
Salvagnini opens Robotica plant
Incorporates centre of excellence for press brake bending. Salvagnini Robotica, Salvagnini’s new robotic applications project, has opened a modern plant in Brendola, Italy, which is also the centre of excellence for press brake bending. Salvagnini Robotica is the Group’s new division for the development and manufacture of press brakes and associated robotic applications.
Siemens and FFG partner for digitalisation strategy
Long-term partnership to integrate enterprise technologies and an open-access, cloud-based IoT operating system for Fair Friend Group’s 90 brands. Siemens and Fair Friend Enterprise Co. Ltd. Taiwan (FFG) have signed a joint Memorandum of Understanding with the intention of strengthening their long-standing business relationship.
Nissan licenses energy-efficient engine technology to Heller
“Rather than limiting the use of our own technologies like NMRP within the company, Nissan is contributing to the technological advancement of the industry by making them widely available,” said Catherine Perez, corporate vice president of corporate strategy, partnerships and business development at Nissan.
Schweissen & Schneiden 2017
25 to 29 September 2017 – Dusseldorf, Germany. Together with Messe Essen GmbH, the organiser of Schweissen & Schneiden and a longstanding partner of the society, DVS is looking forward to the forthcoming premier global fair. This will take place in Düsseldorf from September 25 to 29, 2017 since the fair site in Essen is being modernised for the next Schweissen & Schneiden.
Hypertherm at Schweissen & Schneiden 2017
Hypertherm, a manufacturer of plasma, laser and waterjet cutting systems, is pleased to announce its participation at the upcoming Schweissen und Schneiden 2017 (25-29 September 2017) in Dusseldorf, Germany. Visitors will meet the new plasma, a revolution in industrial cutting, see impressive demonstrations and get introduced to an amazing new concept at the company’s stand.
Building excitement for engineering at school level
Altair South Africa once again hosted a group of potential engineering students as part of their STEM (Science, Technology, Engineering & Maths) initiative to expose them to the opportunities available in the engineering field. “The main criteria to attend the day was obviously an interest in studying engineering. The project has grown exponentially since we started three years ago, with over 60 learners joining us this year,” explains Gronum Smith.
CIMdata publishes Global CAM Market Analysis Report
CAM market grew 6.9% in 2016. According to Stan Przybylinski, CIMdata’s VP of Research, “The CAM results were solid in 2016, with few of the currency effects that impacted the results CIMdata reported last year. Even in the face of slower machine tool consumption, companies still continue to invest in new CAM software.”
Mazak adds another plant to its smart network
Machine tool builder expands IoT-connected factory concept to Japanese manufacturing plant. Mazak has passed another milestone in its drive to expand “smart manufacturing”, announcing full digitisation of its manufacturing plant at Oguchi, Japan. The manufacturer emphasises data analysis and machine connectivity in its designs, specifically using the MTConnect® open communications protocol and customised data-collection technology.
Toyota SA investigating manufacturing other models
Toyota SA wants to add another vehicle to its local production line-up to absorb spare capacity created by diminishing demand for its Corolla car range. “We are investigating another vehicle to make use of the capacity no longer used by Corolla at our Prospection, Durban plant,” said CEO Andrew Kirby. He would not identify candidates and did not say whether Toyota SA would continue to build Corollas indefinitely.
Mercedes-Benz Trucks has taken 3D printing to the next level
Mercedes-Benz Trucks has taken 3D printing to the next level. The first printed spare part made of metal, a thermostat cover for truck and Unimog models from older model series, has passed all the stages of the stringent quality assurance process at Mercedes-Benz smoothly, and is now celebrating its premiere. This means that Mercedes-Benz Trucks is now the technological leader in the challenging segment of cutting-edge 3D printing.
100x faster, 10x cheaper: 3D metal printing is about to go mainstream
The company closed a US $115 million round of venture funding to deliver its first batch of machines to customers within the U.S., founder and CEO Ric Fulop announced recently. The series D investment brings Desktop Metal’s total capital raised to US $212 million. The deal values the company at more than US $1 billion, sources familiar with the deal confirmed.
Aveng ends talks to sell Trident Steel
South African construction group Aveng has announced it has ended talks on the sale of its Aveng Trident Steel business due to a failure to reach an agreement on price. Work for South Africa’s construction industry has slowed sharply as government contracts stall and weak commodity prices hit demand from the mining industry. Companies have had to employ new strategies to survive in a sector stunted by an economy that is not expected to grow at all.
BSI Steel cuts B-BBEE transaction
BSI shareholders have been advised that JSE listed BSI and its wholly owned subsidiary Isilo Steel have now entered into a series of transactions to give effect to the B-BBEE transaction. In terms of the transaction Isilo Investments (held 51% as to Tutuni Investments 14 (Proprietary) Limited and 49% as to Thuthuka Trust) will acquire an effective 51.12% in Isilo Steel. This will result in Isilo Steel being 51% Black Owned and 30% Black Women owned.
Argent not happy with state help for ArcelorMittal
Metal products maker Argent Industrial has criticised the government for granting ArcelorMittal SA import tariff protection, saying South Africa’s largest steel producer is “hell-bent” on creating an inefficient primary steel supply monopoly, while killing off downstream steel processing through higher input costs, according to a Business Day report. Argent said in its recent results statement for the year to March that General Motors’ departure from South Africa meant that Argent would close its automotive plant.
Altair acquires highly rated Carriots IoT platform
Altair has acquired Carriots S.L, an Internet of Things (IoT) technology company from Madrid, Spain that was founded in 2011. The company is the developer of Carriots®, a complete IoT application enablement platform (AEP) to rapidly connect and manage devices, collect and analyse data, and build intelligent applications together with enterprise business systems. “Combining Altair’s software suites with Carriots’ solutions for the IoT will provide our customers with the complete stack of technology they need.”
South African car industry economic transformation plan revealed
South Africa’s vehicle manufacturers are to create a transformation fund that would allocate funds to develop black ownership in the supply chain and vehicle dealership network. The industry has also developed a vision and master plan to 2035. Details of the transformation fund and the master plan were disclosed at a media briefing recently that was addressed by ANC treasurer-general Zweli Mkhize and several industry executives.
Denel to deliver another 21 Casspirs to African client
Another consignment of 21 Casspir mine-protected vehicles is ready for handover and shipment to an African client. This forms part of a total order of 45 vehicles of which Denel has already delivered 24 during December 2016. The total fleet is based on the Denel New Generation Casspir NG2000 Series, a cutting-edge product derived from the well-known and battle-proven Casspir MPV of which more than 3 000 units were manufactured.
First locally-made Mercedes-AMG C43 4MATIC makes its debut in East London
Excitement was at an all time high as the first locally manufactured Mercedes-AMG C43 4MATIC rolled off the production line in East London, Eastern Cape. Since its official launch earlier in the year, the AMG brand promise: Driving Performance and the associated typical character traits can now be experienced by an even broader target group.
Europe to the rescue of South African vehicle manufacturers
Exports have become the lifeblood of South African vehicle manufacturers. Despite precarious domestic demand, assembly plants are working at close to capacity, according to a FM report. A spike in demand for South African-built vehicles in Europe and Asia has mitigated the fallout from plunging local sales and a collapse in markets across Africa.
AMRC invents hybrid 3D printing process ‘game-changer’
The Design and Prototyping Group of the Advanced Manufacturing Research Centre (AMRC) with Boeing has developed a unique hybrid 3D printing process that allows electrical, optical and structural elements to be introduced throughout an additively manufactured component during the build process.
Zuse Holding GmbH acquires Hüller Hille
The new company Zuse Hüller Hille Werkzeugmaschinen GmbH is to relocate to Mosbach, Germany, where the Diedesheim plant is located, and will establish its first development and manufacturing centre in Europe there. Diedesheim’s plant, its 185 employees, 15 apprentices and infrastructure will be retained.
Aerospace materials market to be worth $25.80 billion by 2022
According to “Aerospace Materials Market by Type (Aluminium Alloys, Steel Alloys, Titanium Alloys, Super Alloys, and Composite Materials), Aircraft Type (Commercial Aircraft, Business & General Aviation, Helicopters), and Region—Global Forecast to 2022,” published by MarketsandMarkets™, the market is projected to reach $25.80 billion by 2022.
Global aluminium scrap recycling market to grow 8 per cent through 2021
London-based Technavio has released a report that projects growth in the global aluminium scrap recycling market to 32.12 million metric tons by 2021, at a CAGR of nearly 8 per cent. The report divides the market into secondary smelting and downstream segments, covering the APAC, Americas and EMEA regions.
Harley-Davidson’s decision to build plant in Thailand raises eyebrows
Harley said the Thai plant will not result in American job losses, arguing instead it will enable them to grow their business using American-built parts. Harley-Davidson, the iconic motorcycle brand hailed by President Donald Trump for keeping jobs in America, is building a plant in Thailand, the company confirmed on May 25, as it seeks new buyers in Asia, and lower tariffs.
TaeguTec partners with MachiningCloud
As part of this partnership, which utilises the convenience of cloud-based technology, end users will be able to quickly optimise the way they gather information for their manufacturing operations by effortlessly searching for the proper cutting tool that best fits their cutting conditions, the firms say.
Turkey: The engine driving its international competitiveness in the automotive industry
Turkey is a transcontinental country bordering South-eastern Europe and South-western Asia with the majority of the country located in the latter. It has a population of 79.4 million people. Turkey’s economy is the 17th largest economy in the world, with a Gross Domestic Product (GDP) of $799.54 billion.
EU slaps China with new steel anti-dumping duties
The European Union imposed new anti-dumping duties on steel products from China on June 9, as it broadens its campaign to protect struggling steel manufacturers in Europe. The EU took the latest action against China, which makes more than half the worlds steel, for allegedly flooding global markets in violation of international trade agreements.
Has Sandvik just turned turning on its head?
In March 2017, Sandvik celebrated the 75th anniversary of the establishment of its Coromant brand at the company’s facilities in Sandviken, Sweden, complete with cake and all. There was even a special present. It was, however, not one that Sandvik received, but one it presented to manufacturers that rely on turning operations, writes James D. Sawyer, Editor in Chief at SME.
Mclaren-Honda extends exclusive machine tool partnership with Mazak
McLaren-Honda has further extended its contract with Yamazaki Mazak, ensuring the manufacturer continues in its role as the sole official supplier of CNC machine tools to the McLaren-Honda Formula One team. Mazak has supplied the team for 18 years, and currently has a total of 33 machines installed at the McLaren Technology Centre in Surrey.
Fermel mining vehicle chosen as finalist for Swedish Steel Prize 2017
One of the finalists chosen is a mining vehicle manufactured by South African company Fermel. Fermel has developed a unique range of multi-purpose vehicles for safe transportation in mines. The vehicles meet new, more stringent safety legislation and are intended to replace the re-built standard vehicles currently used.
Bell wants to start plant in US
Listed manufacturer of heavy equipment for the construction and mining sectors Bell Equipment is considering establishing a manufacturing plant in the US, according to a newspaper report. However, chief executive Gary Bell said the opening of the plant in the US would not have much impact on jobs in the company’s South African operations.
Red Bud Industries to host coil processing seminar in Johannesburg
Red Bud Industries will be hosting a coil processing seminar at the Southern Sun O.R. Tambo International Airport Hotel in Johannesburg, South Africa, on 21 June 2017. Attendees will learn about blanking, multi-blanking, leveling, slitting, and a new process (EPS®) for hot roll black material along with learning how to apply new technology, improve tolerances, produce optimum flatness in material, and maximise overall efficiency.
Scaw Metals upgrades McKinnon Chain factory
Large diameter chains are used in various industries for lifting applications, while the masterlink and subassemblies are sold mostly into the international offshore oil and gas sector. Specialising in high-grade chains, McKinnon produces all grades of welded chain including lifting, transportation tie down chains, several types of hardware chain, coal conveyor chain, kibble and mining chain.
Paramount Group unveils new version of Mwari aircraft
Paramount Group, the African-based global defence and aerospace company has announced the launch of Mwari, a military variant of its Advanced High Performance Light Aircraft (AHRLAC) that comes with a South African designed, developed and tested advanced mission system – a high-wing, two-seat aircraft.
DTI enthusiastic about R4 billion titanium beneficiation project
The launch of a new R4 billion titanium beneficiation project for manufacturing titanium pigment at the Richards Bay Industrial Development Zone (IDZ) is a significant and commendable milestone in South Africa’s mineral beneficiation and industrialisation paths,” said Trade and Industry Minister Dr Rob Davies.
VWSA to ramp up new Polo production
Production of the first confirmation models have already started. Most of the major installations were completed over the Christmas shutdown, with the last work due to have taken place over the Easter period in April. The Uitenhage plant will also produce a second new model, and possibly a third.
Auto Industrial Machining named South African Kaizen champion
In the presence of manufacturers across sectors and international manufacturing experts, the Johannesburg based company, involved in the machining and assembly of chassis and drive train components to clients including OEMs, claimed the top award for their winning Kaizen, “change for the better”.
Management buyout enables majority stake in Rely IntraCast and Walro Flex
Rely IntraCast’s current Managing Director Mark Hughes and the current Managing Director of Walro Flex, Carlos Palinhos, have completed a MBO (management buyout) to become majority shareholders in the respective companies that will in future fall under a recently established industrial holding company Intakobusi Holdings (Pty) Ltd.
Concorde completes final journey to new £19 million home
The last Concorde ever to fly has safely completed her journey to Aerospace Bristol, a new £19 million museum in Filton, to the north of Bristol, UK. The new museum has been supported with a £180 000 donation from global engineering technologies company Renishaw, which was created by two former Rolls-Royce employees to commercialise an innovation that solved a measurement problem faced in the manufacture of the Olympus engine that powered Concorde.
Adira unveils world’s first tiled laser melting metal 3D printer with biggest ever build volume
Big things are happening in the metal 3D printing industry, where hardware is rapidly becoming ready for large volume production. For years, metal 3D printing technology has been seen as ‘not quite there yet’, in part thanks to material, size and build volume restrictions. But these limitations are systematically being dealt with.
CO2 out; fiber in, says Bystronic
It has been reported that David Larcombe, managing director of Bystronic UK, has revealed that since August 2015 the company has not sold a single CO2 laser cutting machine in Britain or Ireland. It has, however, sold 14 fiber laser models during November and December last year alone.
Boeing plans first manufacturing plant in Europe
The parts are described as actuation devices on the trailing edge of aircraft wings. Trailing edge actuation systems are responsible for extending and retracting wing flaps during different phases of flight. The flaps add lift that allow take-off and landing at lower speeds, and provide drag to help slow the aircraft.
IPG exceeds $1 billion in annual sales
IPG Photonics has reported annual sales exceeding $1 billion in 2016, an increase of 12 per cent year-over-year. The company’s fourth quarter sales, driven by the materials processing markets, increased by 25 per cent to $280.1 million year-over-year. The company reported strong growth in China, Europe, Russia and Japan, while sales in North America were slightly up from Q4 2015.
Yaskawa invests in European manufacturing centre
Japanese motion control and robotics specialist Yaskawa is intensifying its presence in Europe, with the aim of becoming one of the two leading manufacturers of industrial robots in strategic target markets. The company will expand its production capacities and open a new robot manufacturing plant and a new European robotics development centre in Slovenia.
EMO heading for record registrations
Just under a year before the world’s largest machine tool exhibition begins, the figures for official registration at EMO 2017 are looking rather impressive. More than 1 700 firms from 40 different countries have already registered, booking a stand area totalling 152 000m² for the show, which takes place 18 to 23 September 2017 in Hannover, Germany.
Sandvik Coromant to partner DMG MORI
Sandvik Coromant has signed an agreement to become a “premium partner” of DMG MORI. The deal, which makes Sandvik Coromant the only tooling manufacturer to be named as a DMG MORI premium partner, will further strengthen the relationship between the companies on a global scale.
Bystronic partners with Lantek for management software systems
Sheet metal processing systems and services provider Bystronic has entered a technology partnership and strategic global alliance with Lantek, developers of software solutions for the optimised production of sheet metal, tube and profile parts. Under the terms of the agreement, Lantek will provide Bystronic with manufacturing management software systems and consultancy expertise.
Italian machine tool builders profit from tax changes
Italian manufacturers reportedly are benefiting from a new tax provision that allows them to claim credits up to 250% of the value of their capital investments in high-technology products. The so-called Industry 4.0 tax incentive was promoted and implemented by the now ousted government of former Prime Minister Matteo Renzi.
GE buys Germany’s Concept Laser after SLM bid fails
US conglomerate General Electric has agreed to buy privately held German 3D printing firm Concept Laser for 549 million euros, it said after its bid for rival SLM Solutions failed. GE and its competitors have begun to invest seriously in 3D printing, also known as additive manufacturing, which produces parts with less work than traditional production methods, generates less scrap material and expands design possibilities.
600 Group buys Kondia machine tool business
600 Group Plc has acquired the entire manual machine tools business of Kondia, for a total consideration of 50 000 euros. Kondia, formerly Spain’s largest manufacturer of milling machines, was placed into administration in 2015. The acquisition means the 600 Group now owns the Kondia name, all IP and a large inventory of spare parts worth in excess of the acquisition costs.
GF Machining Solutions set to acquire Microlution Inc
US firm Microlution was founded in 2005 by three engineers from the Chicago area. The company specialises in 5-axis milling and femto-second laser machining for hole drilling and micro-cutting applications for a wide range of industries, including aerospace, medical and automotive. The 30-employee operation generated $10 million in sales in 2015.
Solidworks 2017: An expanding platform for innovation
In September 2016 Mecad Systems gathered together over 425 clients and users in Durban, Cape Town and Johannesburg for the launch of Solidworks 2017. The event highlighted the continued evolution of the Solidworks portfolio to support developing smart, connected products.
New era for DMG MORI – aims to be number 1 in the world
“The goal of “Global One“ is to combine DMG MORI Company Limited and DMG MORI Aktiengesellschaft into a globally integrated machine tool company. More than 12,000 associates in our production facilities around the world and our 164 international Technology Centers and service locations are currently working hard at making us number 1 in the world…”
Siemens releases Solid Edge ST9 to South African audience
Jeff Walker, the Director of Solid Edge Products at Siemens PLM Software, a business unit of the Siemens Digital Factory Division, with more than 25 years of experience in the mechanical CAD industry and began his work in the Solid Edge product design group in 1995, included South Africa in his calendar to present the latest release of Solid Edge.
Electra Mining Africa 2016
More than 850 local and international exhibitors from the mining, industrial, electrical and power industries showcased their products and services across a 38 000m² indoor and outdoor exhibition area of Electra Mining Africa 2016 held in September at the Expo Centre, in Johannesburg.
Manufacturing competitiveness enhancement programme reopened
It has been reported that Trade and Industry Minister Dr Rob Davies has announced the partial reopening of the popular Manufacturing Competitiveness Enhancement Programme (MCEP), the Department of Trade and Industry’s (DTI’s) flagship cross-industry incentive scheme, which has been suspended since October 2015, owing to insufficient funds.
Denel unveils its conceptual Africa Truck at Africa Aerospace & Defence (AAD)
Denel Vehicle Systems has developed a 6×6 truck based on its RG31 series of mine-resistant ambushed protected (MRAP) vehicles. Denel’s Africa Truck is designed from the “ground-up” as a purpose-built military truck, with the company pointing out that every aspect and component of the vehicle has been designed with military applications and the African climate in mind.
Paramount Group shows family of highly advanced infantry combat vehicles at AAD 2016
Unveiled in Africa for the first time, the Mbombe 8 is the newest and ‘big brother’ of the Mbombe family. The major advantage of the Mbombe family is the 80% commonality that exists between the technologies and components used in the three vehicles.
Local production begins for expanded Ford Everest range in South Africa
The production of the first Everest model commenced at the plant in October and signalled the start of a new era for the vehicle manufacturer because the plant will now become a two-vehicle assembly facility that also produces the Ranger for export to 148 markets in Africa, the Middle East and Europe.
Murray & Roberts to offload Genrec
Construction and engineering group Murray & Roberts (M&R) has announced its intention to sell its infrastructure and building units, as well as manufacturing business Genrec as part of ongoing moves to focus on the global natural resources markets of oil and gas, metals and minerals and power and water.
Olli, an electric minibus
Local Motors, well known for the crowd sourced Rally Fighter off-road coupe and 3D printing a car, the Straiti, on their stand at IMTS 2014, has been diversifying lately. After starting some 3D-printed projects, it has gone in yet another direction, announcing the Olli, an electric minibus that looks like a large phone booth that’s been tipped on its side. And it’s autonomous.
FFG’s Jimmy Chu comments on acquisitions strategy
While some North Americans may be unfamiliar with the company, Chu has acquired his way to building FFG into one of the world’s leading machine tool concerns. With last year’s acquisition of MAG IAS (Germany), the Taiwan-based FFG now ranks third globally, Chu says, and he’s by no means done yet.
“From the machine to an intelligent process”
We have largely got used to using smartphones and digital applications in our everyday life. With Industry 4.0, there is now an increasing trend towards digitalisation in industrial environments. In a recent interview Bystronic’s Head of Development (CTO) Dr. Jürgen Hohnhaus talks about the benefits and the vision behind this development.
SEIFSA concerned about continuing pressures in the metals and engineering sector
The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) says it is concerned about persistently lower confidence and production levels, which could lead to possible further job losses in the metals and engineering sector as indicated by analysis of recent data.
NAACAM appoints new boss
The National Association of Automotive Component and Allied Manufacturers (NAACAM) has announced the appointment of Renai Moothilal as its new Executive Director as of September 2016. The association has been without a full time leader since last year. Roger Pitot has been advising in a part-time capacity.
Trumpf expands solid-state laser development and production facilities with 30 million euro investment
German sheet metalworking machine tool and laser maker Trumpf has invested nearly 30 million euro in new solid-state laser development and production facilities in Schramberg, Germany, where Trumpf Laser GmbH is already located. “The trend towards using solid-state lasers in industrial production shows no signs of stopping.”
Your car has been studying you, and everyone wants the data
The connected car will be an incredible convenience or an intrusive nightmare, depending on your tolerance. For automakers, it could be a gold mine. As you might have suspected, your car is spying on you. Fire up a new model and it updates more than 100,000 data points, including rather personal details like the front-seat passenger’s weight. The navigation system tracks every mile and remembers your route to work.
China’s Midea Group targets Kuka
Kuka is the biggest German industrial technology company to be targeted by a Chinese buyer in a wave of deals over recent months and its announcement of its planned bid caused a furor among German politicians. China’s home appliance manufacturer Midea said it would allow German industrial robot maker Kuka to operate independently and help it expand in China as it formally launched a 4.5 billion euro ($5.1 billion) offer.
World demand for material handling equipment to reach $176 billion by 2020
The “World Material Handling Equipment” study from the Freedonia Group, Cleveland, indicates that global demand for the equipment is forecast to rise 5.3 percent per annum through 2020 to $176 billion. Advances at the global level will be driven largely by market growth in China and other industrialising nations.
Trends impacting global machine tools market
The German Machine Tool Builders’ Association (VDW) and the British economic research institute Oxford Economics expect in their latest forecast (status: April 2016) a growth of global consumption by only 1.9% to reach € 68.6 billion. As in the previous years, the autumn forecast (2015: +4.1%) was significantly corrected downward, currently, this year by 2.2 percentage points.
Gibela appoints 32 local suppliers for R51 billion PRASA contract
Makes progress towards meeting local content target and reinforces company’s commitment to economic development. The first 32 South African suppliers in the R51 billion contract to provide local content for 600 new passenger trains being built by Gibela for the Passenger Rail Authority of South Africa (PRASA) have been appointed.
Electra Mining Africa 2016
The South African mining industry is facing another challenging year with slower than expected economic growth, a prolonged and continuing downswing in commodity prices, an increase in short-term volatility, increased pressure on operating models, and regulatory uncertainty. Adding to these challenges is the increased difficulty in raising capital due to a loss of confidence by investors.
GE reveals the world’s hugest jet engine that is wider than a 737’s fuselage
The world’s largest commercial aircraft engine has been started up for the first time at GE Aviation’s Peebles Test Operation in Ohio. According to GE, ground testing of the GE9X development engine will enable data to be gathered on the engine’s overall and aerodynamic performance, mechanical verification, and aero-thermal system validation leading up to flight testing and certification before entering service at the end the decade.
Volkswagen South Africa rated as the top plant in the global Volkswagen production network
The Volkswagen Group South Africa (VWSA) plant in Uitenhage has been recognised as the top manufacturing plant in the global Volkswagen production network in 2015. VWSA achieved the highest index score of 113.2% amongst the 13 Volkswagen plants around the world. This was the first time that Uitenhage was rated as the top manufacturing plant since the Beetle production started in August 1951.
9% global growth for laser cutting machine market: Report
The company forecasts the market will experience close to a 9 per cent Compound Annual Growth Rate (CAGR) between 2016 and 2020. The report highlights three factors contributing to the growth of the global laser cutting machine market: a need for automation; a growing demand from end-user industries; and the increasing need to develop high quality products.
Airbus introduces 3D-printed mini aircraft
Windowless, weighing in at just 46 pounds and measuring less than 13 feet long, the drone Thor, short for “Test of High-tech Objectives in Reality,” resembles a large, white model airplane. Yet to the European aerospace giant Airbus, the small pilotless propeller aircraft is a pioneer that offers a taste of things to come — an aviation future when 3D-printing technology promises to save time, fuel and money.
Boeing, Paramount Group to collaborate on light multirole aircraft
Aerospace group Boeing and South African privately owned defence and aerospace firm Paramount Group have expanded their 2014 agreement to cooperate on an advanced mission system for a variant of the Advanced, High Performance, Reconnaissance, Light Aircraft (Ahrlac).
Conzzeta to acquire DNE Laser of Shenzen, China
Complements the sheet metal processing business of Bystronic. Conzzeta has announced the signing of a binding agreement to acquire DNE Laser, Shenzen, China. The closing of the transaction is planned by mid-year 2016, subject to regulatory approval. Conzzeta will acquire a stake of 51% with a long-term option to increase the position.
MBK Partners acquires Doosan Machine Tools
MBK Partners and a private equity arm of Standard Chartered were among three parties that submitted a binding bid for Doosan Infracore Co Ltd’s machine tools business, all bidding around 1 trillion won ($849 million). The third bidder was a state-run corporation from Hebei, China, the Korea Economic Daily reported, citing unnamed investment banking sources.
Ford invests R2.5 billion ($170 million) in South Africa to build Everest SUVs
Ford Motor Company is investing R2.5 billion ($170 million U.S. dollars) to expand operations in South Africa at its Silverton Assembly Plant in Pretoria, to produce the all-new Ford Everest, along with the new Ford Ranger that was launched at the end of last year.
Prima Power develops own fibre laser source
The 3 kW CF3000 was developed through an intensive development activity over the last few years and has been operating at pilot customers’ plants for more than six months, the announcement states. The new laser will be produced at group plants in Chicopee (Massachusetts, USA), Barone Canavese (Turin, Italy) and Suzhou (China). A 4 kW unit, the CF4000, will also be introduced during the year.
Engel presents Liquidmetal injection moulding machine
Both hard and elastic – Liquidmetal stands for a class of material with completely new characteristics. The zirconium alloys have an amorphous structure that makes Liquidmetal components extremely hard and at the same time very elastic. A hardness of 53 HRC is achieved even without any thermal treatment.
3D printing industry expanded 25.9% in 2015, topping $5 billion
The global additive manufacturing (or 3D printing) industry expanded by 25.9% in 2015 (consolidated annual growth rate, CAGR) to a value estimated at $5.165 billion, according to an annual study of the AM/3D printing market by Wohlers Associates Inc. It was the second consecutive year the industry grew in value by more than $1 billion.
30th Edition of the “Bible of the Metalworking Industries” – Machinery’s Handbook – now published
Having celebrated 100 years of continuously updated publications in 2014, Machinery’s Handbook is now in its 30th edition, just released in March 2016. This new edition has grown by nearly 100 pages to 2,896 pages. It offers major revisions of existing content as well as new material on a variety of topics.
Richards Bay IDZ looks at aluminium hub
With the increasing contribution of the aluminium industry to the South African economy, particularly in the automotive field, the Richards Bay Industrial Development Zone (RBIDZ) is seriously considering the establishment of an aluminium metals hub. Richards Bay has the benefit of being the home to South 32’s Hillside smelter, the largest aluminium smelter in the Southern Hemisphere.
Steel mill construction hinges on feasibility study, says Patel
A final investment decision to establish a new steel mill will depend on the outcome of a prefeasibility study under way and a later feasibility study, Economic Development Minister Ebrahim Patel insists, according to a report in Business Day. China’s Hebei Iron and Steel Group and the Industrial Development Corporation (IDC) agreed in September 2014 to undertake the prefeasibility study into the creation of a new low-cost steel plant.
Coega in talks with vehicle manufacturers
Three motor manufacturers are in discussions with the Coega Development Corporation about the possibility of establishing completely knocked-down (CKD) manufacturing facilities in the industrial development zone (IDZ). Gustav Meyer, the senior manager of international markets for the transport industry at the corporation, confirmed this and identified the companies as one Chinese and two European motor manufacturers.
New website for generic tool format information
NTB Interstate University of Technology Buchs, an institute that specialises in engineering informatics, has launched a new website, gtc-tools.com, which provides information to the public on the Generic Tool Catalog (GTC) cutting tool data exchange format. The GTC data exchange format was developed through collaboration between Siemens PLM Software, Sandvik Coromant, Iscar and Kennametal.
International Manufacturing Technology Show (IMTS) September 12 – 17, 2016
IMTS 2016 is the 31st edition of the manufacturing technology show in North America. More than 2,000 exhibiting companies will occupy 1.3 million net square feet of exhibit space at the McCormick Place complex in Chicago, Illinois. IMTS is held every even-numbered year in Chicago and attracts more than 114,000 buyers and sellers from over 112 countries.
Why Mercedes is halting robots’ reign on the production line
With customisation key to wooing modern consumers, the flexibility and dexterity of human workers is reclaiming space on Mercedes’s assembly lines. That bucks a trend that has given machines the upper hand over manpower since legendary US railroad worker John Henry died trying to beat a motorised hammer more than a century ago.
BIEMH’16 grows and confirms the recovery of the sector
Three months before its doors open, the floorspace figures for the last three editions have already been bettered. With three months still to go before it opens its doors, BIEMH, International Machine tool Exhibition, has already exceeded the figure for floorspace attained at its previous editions, with 1 183 exhibiting firms having reserved space in five halls at the exhibition centre.
Cut steel output EU tells China
EU Trade Commissioner Cecilia Malmstroem has urged China to scale back rampant overproduction in its steel industry that is punishing European companies through low prices, according to a letter seen by AFP on February 5. European manufacturers are reeling from a global glut in steel supply with Luxembourg-based ArcelorMittal on February 5 blaming China for a colossal $8 billion loss for 2015, with thousands of job cuts announced throughout the industry.
SA Festival of Motoring replaces Johannesburg International Motor Show
New event for South African motoring fans to be held at Kyalami Grand Prix Circuit in future. South African motoring fans will have to permanently bid farewell to the Johannesburg International Motor Show. Originally scheduled to take place in October 2015, the biennial event was cancelled in May 2015, owing to rising costs.
GE’s “most African” locomotive in production
GE has commenced production of its “most African” locomotives. Once completed, the 233 GE Evolution Series locomotives will have 55% local content, making them the “most African” locomotives of their kind. In March 2014, Transnet announced an agreement to purchase 1,064 locomotives from four original equipment manufacturers, including GE. GE was awarded a contract to build 233 diesel locomotives as part of this agreement.
The right moves will draw investors says Davies
That South Africa has become an investment destination of choice to the world’s biggest companies is not by mere chance. We have consistently remained on the radar of international big business due to deliberate action on the part of government that can be traced to interventions such as the New Growth Path and the Industrial Policy Action Plan, writes Rob Davies* in a newspaper report.
Paramount enters R1 billion deal with the Kazakhstan government
South Africa needed to create financing institutions with capacity to fund the defence industry as it was an important feeder of jobs into the hi-tech environment, Paramount Group executive chairman Ivor Ichikowitz said recently. The Paramount Group has announced that it has entered into a R1 billion partnership with the Kazakhstan government for the manufacture of armoured vehicles in that country.
Hexagon Metrology becomes Hexagon Manufacturing Intelligence
In a move to reflect its growing expertise and solutions for integrated industrial manufacturing, Hexagon Metrology has rebranded to become Hexagon Manufacturing Intelligence. The change also aligns the business more closely with Hexagon’s overall strategy to offer software-centric information technology solutions that improve quality and productivity across entire industry workflows.
Kennametal completes sale of seven businesses
Kennametal Inc. has moved forward with plans to reduce its manufacturing footprint by up to 25 percent. The Latrobe-based company said it has completed the sale of seven noncore businesses to Chicago based holding company Madison Industries. These are related to certain castings, steel plate fabrication and deburring operations, Kennametal said.
Luigi Galdabini becomes President of the European Association of the Machine Tool Industries (CECIMO)
During its meeting held on 3 December 2015 in Brussels, the CECIMO General Assembly elected Luigi Galdabini as President of CECIMO for a period of two years. Succeeding in this role Jean-Camille Uring, Executive Board Member of Fives and President of Symop, Mr. Galdabini…
Trumpf unveils new systems for additive manufacturing of metal parts
Laser manufacturer Trumpf has established a broad base in the field of additive manufacturing. The company has launched new 3D printing machines for metal parts, including laser metal fusion (LMF) and laser metal deposition (LMD) machines. To achieve this, the company has established a new division at the headquarters site in Ditzingen.
UCIMU: 2015 recovery of the Italian machine tool industry
The Italian machine tool industry, one of the largest in the world, finished 2015 with “double-figure increases” in production volume, total sales, and exports, according to the year-end summary issued by UCIMU-Sistemi per Produrre. The trade group also predicted that continued strong results for 2016 are expected.
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