Monday, January 02, 2012
Beware, scams remain active
Beware, scams remain active
Last year, Machinery Trade International reported extensively on a series of scams apparently linked to traders registered in the United Arab Emirates.While fewer reports of such activity have been forthcoming in recent months, it appears the scams remain ongoing, as Robert Potts of Ipswich-based RPM Fuels & Tanks Ltd can confirm.
"On 9 December we were emailed by a company from the United Arab Emirates calling themselves Al-Wajud Muktabir Trading LLC (Reg. 97411) requesting a quote for equipment," he says. "After emailing the quote I was somewhat surprised when I received an almost immediate response requesting the go-ahead. However, my suspicions were aroused by their use of a hotmail address (purchaseatal-wajudmuktabir.ae@ hotmail.com)... [Read More]
Oiling the wheels of industry
Oiling the wheels of industry
The oil and gas sector in the UAE and wider Middle East holds huge potential for the metalworking industry.The recent spurt in oil prices has prompted crude-producing nations to invest heavily in their oil and gas projects. This new trend has even encouraged investors... [Read More]
Major investment in UAE
Major investment in UAE
The UAE spent 32.8% of its GDP in 2010, the highest level since the global financial crisis, which helped the world’s third-largest oil exporter spur economic growth and further diversify away from oil.The UAE has also recorded one of its best economic and financial eras over the past decade, with its nominal GDP, revenue... [Read More]
SteelFab 2012, biggest in the Middle East
SteelFab 2012, biggest in the Middle East
The eighth edition of SteelFab, the Middle East trade show for metalworking, metal manufacturing and steel fabrication, takes place on 9-12 January at the Expo Centre in Sharjah, United Arab Emirates.As the largest exhibition of its kind in the Middle East and Africa (occupying 16,000 sq m of exhibition area), SteelFab... [Read More]
Monday, December 19, 2011
Auction Spotlight
Auction Spotlight
BVA Auctions is hosting an online auction by order of the parties concerned of a DeraTech Technica Plus 25/4100 CNC press brake... [Read More]GoIndustry DoveBid is holding an online auction of equipment used previously by Trane HVAC Systems, Cairo, Egypt... [Read More]
Troostwijk Auctions is staging an online auction of equipment used previously by Van Vlaanderen Plaatwerk BV, Heemskerk, Netherlands... [Read More]
Fairfield Industries is conducting an online auction of equipment no longer required by Esdales UK Ltd, West Yorkshire, UK... [Read More]
GoIndustry DoveBid is facilitating an online auction of equipment used previously by Elsy & Gibbons, South Shields, UK... [Read More]
Mahindra Navistar investment
Mahindra Navistar investment
Mahindra Navistar Automotives, a joint venture between Mahindra & Mahindra and US-based Navisar International Corporation, says... [Read More]Foton eye India
Foton eye India
With a total investment of US$387m, Chinese automaker Foton Motor is planning to set up a manufacturing plant in India in co-operation with its whollyowned subsidiary, Beijing Foton International Trade... [Read More]Low cost car manufacturing
Low cost car manufacturing
The Government of Pakistan says it will support the production of a low cost, energy-efficient indigenous car that will cost just threequarters of other cars in Pakistan with same specifications... [Read More]Longevity guarantees repeat business
Longevity guarantees repeat business
When Ellesco sold a graining/finishing machine to Burgess Furniture in 1985, not even the most pessimistic member of staff expected to wait 26 years for a repeat order. However, thanks to the build quality and reliability of the Timesavers machine, that is exactly what they had to do.The recent purchase and installation of a Timesavers Series 42-WBB from Ellesco, by the Feltham, Middlesex-based company has led to productivity gains as its sales of seating and tables to the conference and... [Read More]
Sundaram Clayton may look overseas
Sundaram Clayton may look overseas
Sundaram Clayton, one of the largest aluminum die-casting companies and a part of the $5bn TVS group, is exploring options to enter the overseas markets with a new manufacturing plant.The company is also entering into high-tech magnesium die-casting manufacturing to meet the rising demand from premium/luxury car manufacturers in India... [Read More]
NUM celebrate record sales
NUM celebrate record sales
The 10,000th model of NUM's new generation CNC kernel, Flexium, has rolled off the production line.The milestone has been achieved within three years from launch - impressive for a mid-level CNC provider that serves mainly specialist machine tool builders.
"Machinery OEMs tend to be very conservative in introducing new technology, and we anticipated that volume... [Read More]
Reiden now available in UK
Reiden now available in UK
A new range of universal head, five-axis machining centres has been added to the metalcutting portfolio of 2D CNC Machinery.Three different styles of Reiden machine have not been available in the UK before but have seen many applications in aerospace, mould and die and specialist machining operations throughout... [Read More]
Subscribe to:
Posts (Atom)