Auction Spotlight

Auction Spotlight

Peaker Pattinson is staging an online auction of machines used formerly by Horton Engineering, Nottingham, UK... [Read More]
Cottrill & Co is conducting an online auction due to retirement at Bramcote Engineering Ltd... [Read More]
Apex Auctions is holding an online auction of equipment used previously by GE Aviation, Cheltenham, UK... [Read More]
1st Machinery is facilitating an online auction of machinery at various UK locations... [Read More]
Koster Industries is hosting an online and live auction of equipment used previously by JL Lutz, New Jersey, USA... [Read More]

Exports rise to record high

Exports rise to record high

South Korea's exports of machine tools hit a record high last year based on steady overseas demand, an industry report showed last week.
According to the document produced by the Korea Machine... [Read More]

Kuhn acquire EMCO Maier

Kuhn acquire EMCO Maier

The Kuhn Group of Salzburg, Austria, has purchased machine tool manufacturer, the EMCO Maier Group (including EMCO Mecof), from A-TEC for €25m.
In addition, Kuhn will take over liabilities, making... [Read More]

Second base for NTN

Second base for NTN

Japan's NTN Corp has announced that it will establish a new production plant in the Pinthong industrial area as its second production base in Thailand.
The move... [Read More]

Fanuc earmark new factory

Fanuc earmark new factory

Japan's Fanuc Ltd is planning to build a new factory near Tokyo to double its domestic output of machine tools.
The move comes following a surge in demand for machines to produce components... [Read More]

Connecting industry experts

Connecting industry experts

Sheffield-based heavy engineering specialist, DavyMarkham, showcased its inspirational business turnaround story at a recent industry networking event. The company hosted a 'Member Connect' event in partnership with the EEF, for manufacturing managers, operations directors, apprentice... [Read More]

Tsugami up Chinese workforce

Tsugami up Chinese workforce

Japan's Tsugami Corp says it plans to bolster its workforce at a key Chinese plant by 50% to accommodate increased production.
The midsize machine tool manufacturer has built a plant in Zhejiang Province that employs 650-700 workers and turns out 600 automated... [Read More]

Sustainability initiative

Sustainability initiative

The European Machine Tool industry, represented by CECIMO, has launched the Blue Competence Machine Tools initiative, which focuses on sustainability.
According to CECIMO, the machine tool industry is... [Read More]

India predicts 8% economic growth

India predicts 8% economic growth

The Prime Minister's Economic Advisory Council (PMEAC) in India last week said the economy will grow at the rate of 7.1% during the current fiscal, a shade higher than the 6.9% estimated by the CSO last month.
In fact... [Read More]

New lathes enable growth

New lathes enable growth

Lazer Engineering, based in East Lothian, UK, has expanded its contract machining, assembly and fabrication business considerably in recent years, particularly since installing two new Star SR-32J sliding-headstock, multi-axis turn-mill centres with FMB Turbo 3-36 bar magazines.
"The reliability of the new... [Read More]

Aerospace knowledge transfer event

Aerospace knowledge transfer event

Kumi Solutions will focus on component cleaning in the aerospace supply chain at an industry focused event being held at the company's facilities in Nuneaton on 21-22 March.
Visitors to the event will gain a clear... [Read More]

Select IMTMA delegation meet PM\'s Office

Select IMTMA delegation meet PM's Office

Last week, a high level delegation from the Indian Machine Tool Manufacturers' Association (IMTMA) met with Vini Mahajan, Joint Secretary at the Prime Minister's Office.
The delegation briefed... [Read More]