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Allmetalworking News Center services global metalworking manufactures. It compiles the most latest comprehensive news of metalworking industry which includes the latest metalworking products news and technology from Metal Cutting Machine Tools, Metal Forming Machine Tools, Motion Control, Manufacturing System, Storage and Workshop Equipment, Tooling, Hardware, Mechanical Parts and Accessories, Testing and Measurement, Die, Moulds, Machining Services and Metalworking Materials.
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LMI Aerospace Acquires Valent Aerostructures 2013-01-04
Author: Robert Brooks
From: American Machinist
LMI Aerospace Inc. has acquired Valent Aerostructures LLC, bringing together two manufacturers of aircraft structural components and assemblies. Both companies list OEM and Tier 1 airframe manufacturers in the aerospace and defense industries as their target customers.
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Intelligrated Acquires Knighted Software 2012-12-28
Author: MHLnews Press Room
From: MHLnews
The acquisition is a strategic component of Intelligrated’s mission to deliver products that increase fulfillment velocity for e-commerce, multichannel retail, 3PL, wholesale, consumer products and food and beverage industries.
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For mass reduction, Advanced High-Strength Steels are more cost-effective than aluminum, NHTSA repor 2012-12-19
Author: Robert Brooks
From: American Machinist
New research published by the National Highway Traffic Safety Administration concludes that advanced high-strength steels (AHSS) are the most cost-effective material for reducing mass in North American vehicles. “Cost models have traditionally associated a significant cost penalty with alternative materials” explained Steel Market Development Institute president Lawrence W. Kavanagh. “This is significant, as automakers have the challenging task of developing affordable vehicles that meet new and tightening regulations.”
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European semis make European industry competitive? 2012-11-23
Author: David Manners
From: Electronics Weekly
The European semiconductor industry accounts for only 5% of worldwide semiconductor manufacturing equipment sales and 10% of worldwide IC production, said Peter Bauer, former CEO of Infineon.
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U.S. Machine Tool Orders Slipped in June 2012-08-15
Author: Robert Brooks
From: American Machinist
New orders for machine tools and related equipment totaled $462.95 million in June, a 0.6% fall off from May’s $465.54 million result, and a decline of 1.8% from the June 2011 figure of $471.49 million. However, the June 2012 result brings the year-to-date total for manufacturing technology orders to $2.68 billion, an 8.8% improvement over the first-half total for 2011.
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Material Handling Equipment Demand to Grow 4% Annually 2012-08-15
Author: Editor
From: MH&L Magazine
Global demand for material handling products is forecast to climb 4.0 percent annually through 2016 to $123.6 billion, according to World Material Handling Products,a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm. The report states that opportunities will be best for sales of advanced equipment such as automated conveyors and automated guided vehicles, citing automation’s role in labor reduction.
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My Views From Europe 2012-05-23
Author: Andrew R. Thomas / Contributing Editor
From: IndustryWeek
The financial district, where I spent the last two days, has lost tens of thousands of jobs that will never come back. Even the British investment bankers are spooked. Many now admit they drove us into this mess. They also wonder out loud if the global financial system is strong enough to withstand a shock that a mass exodus from the Euro could precipitate.
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U.S. Jobless Claims Fall for Second Week 2012-05-14
Author: Agence France-Presse
From: Industry Week
Jobless claims -- an indicator of the pace of layoffs -- have been trending lower in recent months as the economy continues modest growth.
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Metalworking Business Index: April MBI at 54.9 – Industry Consistently Growing 2012-05-12
Author: Steve Kline
From: Metalworking Marketer
The Metalworking Business Index (MBI) is created from a monthly survey sent to manufacturing executives in the durable goods industries. The MBI is a diffusion index based on 50.0; it functions in the same way as the ISM’s PMI. When the MBI is above 50.0, the metalworking industry is expanding; when the MBI is below 50.0 the industry is contracting. The total MBI is a weighted average of the subindices for new orders, production, employees, inventories, exports, and supplier deliveries.
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Equipment Lease Finance Industry Confidence Up Slightly Fourth Consecutive Month in April 2012-04-23
Author: Editor
From: MoldMaking Technology
The Equipment Leasing & Finance Foundation (the Foundation) releases the April 2012 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today.
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