Auction Spotlight

Auction Spotlight

Apex is facilitating an online auction of equipment used formerly by an ex-university department and others... [Read More]
Apex is conducting an online auction of equipment used previously by Mastertools Precision, Stockport, UK... [Read More]
Koster Industries is holding an online and live auction of equipment used previously by JL Lutz, New Jersey, USA... [Read More]
Perfection Industrial Sales is hosting a onsite/online auction of fabrication equipment used previously by Mayville Products, Mayville, USA... [Read More]
GoIndustry DoveBid is staging a live and webcast auction of equipment used previously by BSH Home Appliances Corp, North Carolina, USA... [Read More]

New engine factory

New engine factory

Indian automotive giant, Maruti Suzuki, is investing Rs 2000 crore at its Gurgaon plant for the creation of a diesel engine manufacturing facility.
Owing to the untouched tax rateson diesel powered cars, demand has shot up for diesel variants of the company's Swift hatchback and the... [Read More]

Dugard show of strength at MACH

Dugard show of strength at MACH

Dugard put on a strong showing at the recent MACH machine tool exhibition at the NEC in Birmingham.
No less than six machines making their debut in the UK were centre of attention on the company's stand, offering something new for almost every type of manufacturer.
Arguably taking top billing was the new Dugard HSM600 high speed, five-axis machining centre.
This particular model has filled a gap in the company's portfolio as there has only been one five-axis model in the Dugard range (the X5) for some time.
The HSM600 is a five-axis, simultaneous machining centre with a standard B-axis swivel milling head and either an add-on A-axis rotary... [Read More]

High growth predicted

High growth predicted

According to a recent trade forecast from HSBC Global Connections exploring the future of world trade and the opportunities for international businesses, Sri Lanka's trade index is predicted to perform increasingly better than the world's average over the coming... [Read More]

Government to revive PMTF

Government to revive PMTF

The Government of Pakistan has decided to rehabilitate the Karachi-based Pakistan Machine Tool Factory (PMTF) in Karachi on a public-private partnership basis.
The most recent balance sheet of the PMTF shows that its total liabilities increased from Rs3.24bn in 2007 to Rs3.74bn in 2009.
It is also facing operating losses which crossed the Rs5bn mark in 2009.
With this in mind... [Read More]

Machine tool parks set for India says IMTMA

Machine tool parks set for India says IMTMA

Machine tool parks, commonplace in countries like Taiwan and China, could become a reality in India, five years after the idea was first mooted.
The working group on capital goods, formed by the Planning Commission, has recommended setting... [Read More]