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Sandvik Coromant to Release Aerospace Engine Solutions Package
Sandvik Coromant (Fair Lawn, NJ) has announced its plan to release an Aerospace Engine Solutions Package in March 2009. The package will contain 5 standard products tailored to support the aerospace engine industry: GC1115 a new PVD coated grade…
MAG to Expand VMC Product Range and Production
MAG Industrial Automation Systems (Erlanger, KY) has announced that they will be developing larger, two- and three-meter models of recently introduced VMC product lines, aiming for introduction of the machines to the global market at the EMO machine tool show…
Metris and Renishaw Announce Agreement on the Licensing of Metris Camio CMM Software
Metris (Leuven, Belgium) and Renishaw (Gloucestershire, UK) have announced a recent agreement under which Renishaw licenses the source code of the Metris Camio CMM software. In order to support their own further development Renishaw has also employed a number of…
Peter Morici Says Revival of U.S. Automaking Awaits if UAW Will Follow Toyota Model
General Motors and Chrysler are on the anvil of history. United Auto Workers President Ron Gettelfinger holds the hammer and will determine whether they emerge more competitive or shattered in pieces and sold to foreign investors. In December, George W….
The Numina Group Receives VINTEC Award from Vitronic
Vitronic Machine Vision (Louisville, KY) recently honored The Numina Group with the prestigious VINTEC award. The VINTEC award was presented to the president of Numina Group, Dan Hanrahan, on January 14 at ProMat 2009 in Chicago, IL. The VINTEC award…
Ovako Wire Chooses Quintiq For Steel Mill, Rolling Mill And Other Plants
Quintiq (Hertogenbosch, the Netherlands) has announced that Ovako Wire has chosen the Quintiq Company Planner solution to optimize its material flow over the entire supply chain. The integrated planning system will be covering the steel mill in Koverhar, the rolling…
Flow International Corp. Completes Minority Investment in China's Leading Waterjet Manufacturer
Flow International Corporation (Kent, WA) announced that it has completed its $2 million purchase of a minority ownership position in Dardi International Corporation, China?s leading waterjet manufacturer. Privately held Dardi is the world leading waterjet supplier for the ?economy? segment…
Marposs Acquires German Process Monitoring Supplier, ARTIS
Marposs Corp. (Auburn Hills, MI) has announced that its parent firm, Marposs S.p.A., Bologna, Italy, has acquired control of ARTIS Gesellschaft für angewandte Messtechnik GmbH, a developer, manufacturer and supplier of process monitoring solutions, located in Bispingen near Hamburg, Germany….
President-Elect Obama Visits Ohio Wind Turbine Component Manufacturer Before Inauguration
President-elect Barack Obama calls for action to stimulate the economy at an Ohio company that manufactures very large bolts for wind turbine towers, according to announcements by the President-elect?s team and information received by the American Wind Energy Association (AWEA)….
PRIMA North America, Inc. Announces Agreement with SARA to Develop DAVIS Real-Time Hole Measurement
PRIMA North America (Champlin, MN) announced the signing of a cooperative development and marketing agreement with Scientific Applications and Research Associates (SARA) of Cypress, CA. Under this agreement, SARA will work with LASERDYNE SYSTEMS engineers and use a LASERDYNE 795…
Alcoa's Situation Worsens with Quarterly Net Income Loss of $1.19 Billion
On January 12, Alcoa (New York, NY) closed its 2008 fiscal year in dismal fashion by announcing a 4Q08 net income loss of $1.19 billion. According to Industrial Info Resources (Sugar Land, TX), the company pointed to historically low aluminum…
Lincoln Electric Expands Marketing Capabilities
Lincoln Electric (Cleveland, OH) has expanded the capabilities of its marketing function with the promotion of Lisa Byall and Bruce Chantry to the newly created positions of portfolio managers. Byall, responsible for overseeing the welding consumable portfolio, and Chantry overseeing…