Plans and Strategy – Metalworking Markets News

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Feintool increases sales in 2016 by 6% in local currency to $547.7 million

13 March 2017, 13:47
Feintool has increased sales by 6% in 2016 compared to the previous year to CHF 552 million ($547.7 million), company said in a statement received by deMetallo. The operating result (EBIT) increased by more than 20% compared to the previous year, to more than CHF 41 m. The operating margin amounted ...
706

Okuma to build new headquarters factory in Oguchi, Aichi Prefecture, Japan

Special Report: Industry 4.0
25 May 2016, 18:34
Okuma will build a new factory called Dream Site 2 (DS2) to shorten lead times and pursue high added value and high-efficiency production, company said in a statement. The first step is the start of construction for the new factory's west half (Materials Receiving Center, Machine Shop). According to...
868

PMPA Business Trends Index in April 2016 declined 9 points or 6.8% to 122, a point above last year’s full year average

25 May 2016, 14:22
With 82 companies responding, the PMPA Business Trends Index in April 2016 declined 9 points or 6.8% to 122, a point above last year’s full year average, reported Precision Machined Products Association. 122 also happens to be the average for the Business Trends Index Year to date. The March – April...
968

Fanuc, Sisco, Rockwell Automation and Preferred Networks join forces to connect CNCs and robots

20 April 2016, 17:59
Fanuc, Cisco, Rockwell Automation and Preferred Networks will work together on the development and deployment of the FANUC Intelligent Edge Link and Drive (FIELD) system, a platform that connects not only Computer Numerical Control machines (CNCs) and robots, but also peripheral devices and sensors ...
833

Feintool increases sales by 12% in 1Q16 to CHF 139 million ($144.6 million)

20 April 2016, 15:37
Feintool reported sales of CHF 139 million ($144.6 million) from January 1 through March 31 2016, which corresponds to an increase of 12% after adjusting for currency-related factors. The series parts production business saw growth of 8% before allowing for exchange rate effects, while the cyclical ...
562

Walter announces new sales directors in Europe and Asia

19 April 2016, 20:09
The specialist in high-tech cutting tools Walter, based in Tübingen, has restructured its sales regions. As part of this process it has named Kim Seidelman and Dmitry Andreev, two experienced Walter managers, as the Regional Presidents of the Asia and Eastern European regions respectively, company s...
853

Trumpf showcases pilot factory for Industry 4.0

Special Report: Industry 4.0
19 April 2016, 19:14
Machine tool and laser specialist Trumpf is taking the next step in the practical implementation of Industry 4.0. Its in-house show, INTECH, will be taking place April 19-23, 2016 at Trumpf headquarters in Ditzingen, and the company will be using the event to showcase its connected pilot factory. Tr...
700

Quintus installs fluid cell press to Kovovýroba Hoffmann, Czech supplier of automotive sheet metal prototyping

19 April 2016, 18:57
Sweden’s Quintus Technologies has installed a modern high-pressure fluid cell press to Kovovýroba Hoffmann, a privately owned Czech supplier of automotive sheet metal prototyping, Quintus said in a statetment. According to Quintus, acquisition of the Flexform press is driven by the company’s aggress...
615

Kyocera begins construction on third manufacturing facility at its Kyoto Ayabe complex in Japan

19 April 2016, 18:14
Kyocera Corporation announced that it will begin construction this week on a third manufacturing facility at its Kyoto Ayabe complex in Ayabe City, Kyoto Pref., Japan. The new facility will produce miniaturized, low-profile organic packages to house microelectronic devices used inside smartphones, t...
886

Severstal reported Q1 2016 steel products sales decreased 4% to 2.46 million tonnes y-o-y

12 April 2016, 15:20
Severstal reported Q1 2016 steel products sales decreased 4% to 2.46 million thousand tonnes y-o-y. Company's hot metal output remained largely unchanged q/q at 2.35 million tonnes (Q4 2015: 2.34 mln tonnes). As operations of converter #1, continuous casters #4 and #5 and the billet caster at Cherep...

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