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China Wind Systems Signs $14 Million Contract to Supply Wind Tower Flanges
China Wind Systems, Inc. (Wuxi, China), a leading supplier of forged products and industrial equipment to the wind power and other industries in China, announced that it signed a $14 million contract to supply wind tower flanges to Chengxi Shipyard…
Kennametal Announces 4Q and FY 2009 Results
— Sequentially improved Q4 operating results, excluding charges related to impairment and restructuring — Fiscal year EPS of $0.80, excluding charges related to restructuring, impairment and divestiture — Free operating cash flow of $17 million for the quarter and $90…
Briggs & Stratton Corporation Announces Retirement of CEO
Briggs & Stratton Corporation (Milwaukee, WI) announced that John S. Shiely plans to retire as Chief Executive Officer effective December 31, 2009. It is expected that the Board of Directors will appoint Todd J. Teske, currently President and Chief Operating…
Justice Department Requires Divestiture in Sapa Acquisition of Indalex
The Department of Justice (Washington, DC) announced that it has reached a settlement that will require Sapa Holding AB (Stockholm, Sweden) and Indalex Holdings Finance Inc. (Lincolnshire, IL) to divest a North Carolina aluminum sheathing facility in order to proceed…
Capitalism: The Word is a Bad One
?Sticks and stones may hurt my bones, but words will never hurt me.? Isn?t that how it goes? Of course, that?s a great pile of nonsense and everybody over four years old knows it. Words explain and complain. They champion…
INTERNET MONITORING OF MACHINE TOOLS: THE TIME HAS COME
Plumb The Depths: So many questions used to muddy the past: Does it make sense to spend money for such services? Is it not dangerous for a company to operate machines connected to the Internet? Can the machine status data be used to make decisions for production processes, beyond the obvious maintenance requirements? Here are the answers that will clear your mind.
STOP LOSING MONEY: FIVE-AXIS TRIMMING
Get With The Program: This fabricator was plagued with bottlenecks created by vacuum-formed parts with complex features that needed trimming. After using a CNC router with 5-axis trimming capabilities to overcome the bottlenecks, they now program all their vacuum-formed parts for trimming.
STOP LOSING MONEY: TOOL GRINDING FUNDAMENTALS
Part One: Are you sharpening your cutting tools or just grinding away life and performance? Let?s review selection of the proper grit size, carrying proper shapes in your wheel inventory, and troubleshooting standard tool geometry, rake angles, chip cleavage, and other cutting process variables.
Japan's Steel Industry on the Rise Driven by Exports to China
Following the worst half-year production figures in 41 years during the period January-June 2009, the Japanese steel industry appears to be picking up, fuelled by exports to China, which makes and purchases almost half the world's steel. In addition, according…
Ukraine's Vorskla Steel to Develop $920 Million Mill in Hungary
Ukraine-based steel manufacturing company Vorskla Steel AG (Kiev, Ukraine) plans to develop a steel mill with an investment of $920 million (?650 million). The mill will be located in an upcoming industrial and logistics park in Zahony, Hungary, near the…
Vietnam Opens New Titanium Plant and Plans for Steel Mill
The largest titanium and high-intensity steel plant in Vietnam commenced operations this week on a 10-hectare site in the Phu My district of Binh Dinh province. According to Industrial Info Resources (Sugar Land, TX), the plant was commissioned by Saigon…
BLOWING IN THE WIND: MACHINING OPPORTUNITIES
Seed The Need: The push towards wind power creates many opportunities for contract machine shops to penetrate the alternative energy market. They need machine tools geared towards machining wind turbine components. This corporate profile presents some brands they might consider.
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