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CECIMO expects a double-digit growth in machine tool production in 2011 2011-03-22
Author: Michael Richards
From: Machinery Magazine
Strong growth in machine tool order intake indicates that the industry will continue its strong recovery in 2011, according to CECIMO. In 2010, CECIMO production output reached €16.6 billion which is about 1% lower than in 2009. External sales continued to be the driver, with almost three quarters o
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Metal Service Centers Shipments Slowed in February 2011-03-17
Author: American Machinist Magazine staff
From: American Machinist Magazine
Service centers’ shipments of steel and aluminum slowed across North America during February, according to data reported by the Metals Service Center Institute. The monthly report is based on actual shipment and inventory data supplied by metals service centers in the U.S. and Canada, and the Instit
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ME Global to Spend $23.4 Million on Two Expansions 2011-03-16
Author: Modern Casting Magazine Staff
From: Modern Casting Magazine
ME Global Inc., Minneapolis, has announced a $23.4 million expansion at its metalcasting facilities in Duluth, Minn., and Tempe, Ariz. The company said the investment, which has been authorized by its board of directors, will result in a 20% capacity increase at the production facilities. Constructi
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Machine Tool Sales Dropped 16% in January 2011-03-15
Author: American Machinist Magazine staff
From: American Machinist Magazine
Manufacturers and machine shops purchased $371.41 million worth of machine tools and related products (“manufacturing technology”) during January, according to the U.S. Manufacturing Technology Consumption (USMTC) report from the American Machine Tool Distributors’ Association (AMTDA) and AMT - The
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Daimler, Rolls Aiming for Joint Takeover of Tognum 2011-03-14
Author: American Machinist Magazine staff
From: American Machinist Magazine
Daimler AG and Rolls-Royce Group Plc have formed a joint venture to acquire Tognum AG, a designer and manufacturer of heavy-duty diesel engines. There is no indication of the value of the acquisition, nor its timetable. Daimler and Rolls-Royce are proposing that each of them would be an equal owner
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Boeing Reports Over $3 Billion in New Orders 2011-03-09
Author: American Machinist Magazine staff
From: American Machinist Magazine
Boeing Commercial Airplanes has a new contract to supply five 747-8 intercontinental jets to Air China, reportedly worth over $1.5 billion. Air China is the first Chinese carrier to order the passenger version of the new, fuel-efficient airliner, and plans to use the new jets to expand its internati
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Biggest ever water jet profiler 2011-02-18
Author: Michael Richards
From: Machinery Magazine
Water Jet Sweden (WJS) is about to build and supply what is believed to be the world's largest water jet profiler to a ThyssenKrupp Group shipyard in Sweden.
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Metal Shipments Rise Significantly in January 2011-02-18
Author: American Machinist Magazine staff
From: American Machinist Magazine
North American metals service centers’ shipments of steel and aluminum rose sharply in January, according to data in the Metals Service Center Institute’s monthly Metals Activity Report.
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AgieCharmilles claims ‘the world’s fastest EDM tool changer’ 2011-02-17
Author: Michael Richards
From: Machinery Magazine
AgieCharmilles, the EDM, milling and laser ablation machine tool specialist, has launched a range of ultra-quick FTC (Fast Tool Changers).
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Tornos emerges strongly from 2010 2011-02-16
Author: Michael Richards
From: Machinery Magazine
The Tornos Group reports all the regions and market segments in which it operates emerged from recession during 2010.
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Note: The copyright and the ownship of the brand, product names, product numbers, and content mentioned belongs to their repective companies.

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