Mills CNC on course to break 2007 record, with 400+ machines predicted 2011-07-18 Author: Andrew Allcock From: Machinery Magazine Mills CNC, the exclusive distributor of Doosan machine tools in the UK and Ireland, reports that sales from January to June 2011 have exceeded £21 million, taking in 207 machines, and also that, for the first time ever, the company is well on track to sell over 400 machines by the end of the year. Hyperlink to Original Source
GM Reports New Investments in Powertrain Plants2011-07-14 Author: American Machinist Magazine staff From: American Machinist Magazine General Motors Corp. continues to offer details of its $2-billion investment program for 17 plants, first outlined in May. The latest information concerns a total of $129 million for three GM Powertrain plants to manufacture transmissions for Buick and Chevrolet models with its eAssist start/stop sy Hyperlink to Original Source
Shellcast Sold to Executive Team2011-07-14 Author: FOUNDRY MANAGEMENT & TECHNOLOGY Staff From: FOUNDRY MANAGEMENT & TECHNOLOGY Two senior managers have purchased Shellcast Inc., a precision investment casting company in Montague, MI. Shellcast president Bob Johnson and vice president/CFO Laura Castonia acquired the business and all its assets from Ellie Krause, and will continue to operate the foundry under its current name Hyperlink to Original Source
Machine Tool Orders Fell Again in May 2011-07-13 Author: American Machinist Magazine staff From: American Machinist Magazine New orders for machine tools and related products dropped slightly from April to May, down 2.6% to $388.27 million, according to the American Machine Tool Distributors Assn. and AMT - the Association for Manufacturing Technology in their monthly United States Manufacturing Technology Orders (USMTO) Hyperlink to Original Source
Precision Castparts Buying Aircraft Structures Specialist for $900 Million2011-07-12 Author: American Machinist Magazine staff From: American Machinist Magazine Precision Castparts Corp. is paying $900 million for Primus International, a manufacturer of various machined and fabricated aerospace components, in its latest expansion into the market for high-value finished products. Hyperlink to Original Source
$774-Million Merger Seeks Oil-and-Gas Market Efficiencies2011-07-06 Author: American Machinist Magazine staff From: American Machinist Magazine National Oilwell Varco Inc. will takeover Ameron International Corp. in a $772-million, all-cash transaction, according to an agreement between the directors of the two manufacturers. The deal is subject to closing consideration and a majority approval among Ameron shareholders. Hyperlink to Original Source
Medium Voltage Soft Starters Market Poised for robust growth in 2011 and beyond2011-07-05 Author: Jurgen Wirtz From: IEN EUROPE The worldwide market for medium voltage soft starters was worth an estimated $170 million in 2010, with more than 5,000 units shipped during the year. Sales of these products contracted significantly in 2009 as a result of the global economic downturn, and the market recovery in 2010 was very gradua Hyperlink to Original Source
DMG bags orders to value of £2.4 million at productivity days 2011-06-27 Author: Andrew Allcock From: Machinery Magazine A dozen machines, with an average order value of £200,000, were sold at the productivity days held by DMG at the International Manufacturing Centre, University of Warwick, held between 7 to 10 June 2011. The orders comprised turning and 5-axis machining centres, including some from the manufacturer' Hyperlink to Original Source
Maxon Motor Group Posts Record Results in 20102011-06-25 Author: Jurgen Wirtz From: IEN EUROPE The maxon motor Group posted record results in fiscal 2010. Following the tough economic environment in 2009, maxon quickly recovered and made significant progress, with consolidated sales totaling CHF 306.6 million (up 23.6% on 2009). Hyperlink to Original Source
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