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Michigan Machining Tool Company Invents New Pneumatic Tool for Snowmobile Industry
Morgan Machining (Auburn Hills, MI), a CNC company in Southeast Michigan, has invented the Jack Track Clip Tool. This patented new tool is used for applying clips to snowmobile tracks quicker and more cost effectively. Current track clip tools are…
NTMA Formally Installs New Executive Team
The National Tooling and Machining Association (NTMA) formally installed its 2009 Executive Team at its 2009 Annual Convention in Palm Springs, CA. Ron Overton of Overton Industries in Mooresville, IN was sworn in as the 2009 Chairman of the Board….
Cooper Industries To Lay Off 2,200 As Profit Drops 38 Percent
Cooper Industries Limited (Houston, TX), a manufacturer of electrical products and tools, has posted a fourth-quarter 2008 net income of $111.1 million, down 38 percent compared with $179.3 million year over year, as a result of charges related to job…
Eriez® Opens 5-Star Service Center for Equipment Upgrades and Service
Eriez's (Erie, PA) new 5-Star Service Center has been opened, with the goal to help eliminate or reduce equipment downtime by ensuring that customers? magnetic, vibratory and inspection processing equipment is quickly back in operation. ?Our dedicated and experienced team…
REGO-FIX® Opens New Sales Office in Shanghai
REGO-FIX (Indianapolis, IN) has announced the grand opening of a new sales office in Shanghai. REGO-FIX established the new office to meet China?s growing demand for innovative production technology. ?We?re seeing China move away from a purely low price strategy…
Hyundai Heavy Industries to Invest More Than $760 Million In South Korea's Wind Power Sector
Hyundai Heavy Industries Company Limited (Ulsan, South Korea) will invest more than $760 million to develop its first wind turbine manufacturing facility in Gunsan, South Jeolla province. Industrial Info Resources (Sugar Land, TX) reports that American Superconductor Corporation (Devens, MA),…
AMT Announces Leadership Change
AMT ? The Association For Manufacturing Technology (McLean, VA) has announced that the organization will pursue new leadership following the resignation of President Robert K. Simpson. The resignation is effective immediately. "In these critical economic times, we are seeking a…
Master Chemical (Shanghai) Co., Ltd. Receives Awards
Master Chemical (Shanghai) Co., Ltd. (Perrysburg, OH) has been awarded the 2008 Shanghai General Motor (SGM) Best Tier II Supplier. Shanghai General Motors Co. Ltd. is a 50-50 joint venture with Shanghai Automotive Industry Corp. Group, a leading passenger car…
LAI International Reports Record Sales Year, Revenue Increase of 15 Percent
LAI International, Inc. (Scottsdale, AZ) reported a record-breaking sales year with revenues increasing 15 percent last year. LAI reported 2008 revenues rose 15 percent over the previous year. The company projects another record-setting year with $55 million to $58 million…
Mitsubishi Forklift Trucks Announces Winners of “Keeps on Running” Contest
Mitsubishi Forklift Trucks (Houston, TX) has announced the winners of its ?Keeps on Running? contest, a competition that invited customers to show how their Mitsubishi forklift truck has withstood the test of time. The winning forklift is a 1982 FGC25…
MultiCam, Inc. Celebrates 20 years of Manufacturing in the CNC Machinery Industry
MultiCam is celebrating its 20th anniversary this year. Since MultiCam's founding in 1989, the company has been producing CNC machining systems and has installed over 7,300 CNC cutting systems in more than 50 countries worldwide. According to the company, their…
Jetcam International s.a.r.l. Opens Jetcam Italia Srl as a Distributor in Italy
Jetcam International s.a.r.l. has announced the opening of Jetcam Italia Srl as a distributor in Italy. The move is in response to continued strong business in the region and the increased interest from Italian aerospace companies, as well the sheet…
