LMI Aerospace Acquires Valent Aerostructures2013-01-04 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. Hyperlink to Original Source
Intelligrated Acquires Knighted Software2012-12-28 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. Hyperlink to Original Source
For mass reduction, Advanced High-Strength Steels are more cost-effective than aluminum, NHTSA repor2012-12-19 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.” Hyperlink to Original Source
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. Hyperlink to Original Source
U.S. Machine Tool Orders Slipped in June2012-08-15 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% Annually2012-08-15 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. Hyperlink to Original Source
My Views From Europe2012-05-23 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. Hyperlink to Original Source
Metalworking Business Index: April MBI at 54.9 – Industry Consistently Growing2012-05-12 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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