Michelle
The Toyota Motor Corporation has announced that it will spend US$440 million to launch a new assembly line in China as part of its global plan to reinvent the way it builds vehicles.
In April 2015 the OSG Corporation and Haimer GmbH signed a strategic partnership and licensing agreement. The OSG-Group is bringing their round endmill cutting tools to the global market now with the Haimer Safe-Lock System.
Company focuses on expanding key markets and product lines
Suppliers of the Year demonstrate focus on exceeding Boeing customers' expectations through quality, value creation, teamwork
Danish robot manufacturer Universal Robots achieved a spectacular growth in the 2014 annual result just published. Their revenue increased by an astounding 70 percent, reaching more than USD$36 million, with profit that more than doubled to US$5 million.
Germany’s Gomtec has innovative technology and engineering expertise to support ABB’s shift towards collaborative robotic automation.
Thailand ended 2014 with a record high number of investment applications, totalling US$31 billion, from foreign investors.
Hypertherm, announced late last month their new Centricut brand quick change torch for use with ESAB plasma cutting systems. The torch, which incorporates proprietary Hypertherm technology, is designed to replace ESAB PT-36, PT-600 and PT-19XLS torches.
With Singapore’s upcoming 50th celebration of independence in August this year, the annual Precision Engineering Centre Of Innovation (PE COI) conference had the theme “The Singapore Precision Engineering (PE) Industry: The Past 50 Years and Future”. The conference, which took place on day two of the MTA2015, covered a variety of topics largely in the perspective of Singapore in line with the theme, such as the future of manufacturing, the growth and future of the PE industry or opportunities and challenges of the local PE industry, to name a few.
The first day of this year’s MTA has concluded successfully and more is expected in the coming days. With MTA being the largest metalworking exhibition held in Singapore, this year’s event includes 350 companies from 27 countries and regions, showcasing their products in automation, robotics and 3D printing.
