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CUT 1.5 IN TO 35 IN SPIRAL BEVEL GEARS
Successfully cut 10 to 14 class ring gears in low to mid-volume applications, such as for aerospace and power generation, on these CNC vertical and horizontal machining centers.
GE And FANUC Announce Agreement To Dissolve Joint Venture
GE (Fairfield, CT) and FANUC (Oshino-mura, Japan) announced that the two companies have agreed to dissolve the GE Fanuc Automation Corporation (Charlottesville, VA) joint venture. This agreement would allow each company to refocus its investments to grow its existing businesses…
OSHA Publishes Fraudulent Trainers “Watch List”
The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) recently published a "Watch List" of safety trainers whose authorizations have either been revoked or suspended. More than 16,000 independent trainers are eligible to host trainings. According to Industrial…
BOC Begins Construction of Australia's First Micro-LNG Plant
BOC (Sydney, Australia), a part of Linde AG (Munich, Germany), has commenced construction activities of Australia's first micro liquefied natural gas (LNG) facility in Westbury in the island state of Tasmania. LNG output from the plant will be supplied to…
POSCO Expects Four-Fold Increase in Operating Profits by End of Year
Integrated steel manufacturer Pohang Iron and Steel Company (POSCO; Pohang, South Korea) recently said that its exports to China have grown from 558,000 tons in the second quarter of 2008 to 926,000 tons this year, on a year-on-year basis. Industrial…
Caterpillar Africa Closes Boksburg Manufacturing Plant
Caterpillar Inc. (Peoria, IL) announced that due to the global recession and to better align its global capacity with expected demand levels, Caterpillar Africa Pty. Ltd. will close its Boksburg, South Africa, manufacturing facility. The decision follows consultations with the…
Metals USA Hires General Counsel
Metals USA Holdings Corp. (Houston, TX) announced that William "Will" A. Smith II joined the Company as Vice President and General Counsel effective August 10. Lourenco Goncalves, the company's chairman, president and CEO remarked: "We believe Will shares our commitment…
Patrick Industries, Inc. Completes Sale of Aluminum Extrusion Operation
Patrick Industries, Inc. (Elkhart, IN), a major manufacturer and distributor of building and component products for the recreational vehicle, manufactured housing and industrial markets, announced that it has completed the sale of certain assets of its aluminum extrusion operation located…
Lincoln Electric Completes Acquisition in China
Lincoln Electric Holdings, Inc. (Cleveland,OH) announced that its Asian subsidiary, The Lincoln Electric Company (Asia Pacific) Pte., Ltd., has acquired 100 percent control of Jinzhou Jin Tai Welding and Metal Co., Ltd., a welding wire business in Jinzhou, China. Lincoln…
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…
