28 August 2015

Japanese sensing and control components manufacturer Omron Corporation has announced their plans to construct two new facilities at their existing manufacturing plant—Omron Manufacturing Indonesia (OMI)—in Indonesia’s West Java.

The two facilities that will span over 20,000 sq m will produce multiple electronic components to cater to the global markets in industrial automation and automotive production. Construction is slated to be completed in two years and the factories will be open in April 2017.

With the new facilities, the company expects to significantly increase its manufacturing capacity and boost Indonesia’s standing in the global manufacturing network.

To date, the country as embarked on a massive development programme to expand and modernise its infrastructure, said Irawan Santoso, president director of the company. With the expansion, the company can well support the country’s infrastructure development needs.

OMI produces an estimated 191 million components every year, of which 90 percent is export and the remaining is sold domestically. The new facilities are expected to increase the company’s total production volume to 325 million components and modules by 2020.

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26 August 2015

Research and Markets reports that the digital manufacturing market in the US is set to grow 7.55 percent annually until 2019.

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26 August 2015

Research and Markets analysts forecast the global aerospace additive manufacturing market to grow 20.5 percent annually until 2019.

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26 August 2015

With the mid-year reports of positive conditions and optimistic prospects by machine tool manufacturers of the European Union (EU), the European Association of the Machine Tool Industries (CECIMO) expects a three percent growth for 2015.

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25 August 2015

Gender inequality is present in many industry sectors around the world, and it seems like manufacturing in the US is not an exception. A US study titled ‘Minding the Manufacturing Gender Gap’ sought the opinions of people from the US manufacturing industry to investigate the extent of this gap.

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24 August 2015

The US manufacturing Technology orders totalled US$355 million, reported the Association for Manufacturing Technology (AMT). This figure was a 4.6 percent improvement from May, but down 13.2 percent from the $410 million reported for June of last year.

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24 August 2015

Platts has announced that the outlook for orders and prices for steel in China has rebounded strongly in August due to expectations for an increase in domestic demand over the next month. The total new orders scored 55.1 out of a possible 100 points for August, compared to July’s reading of 26.5 points for the China Steel Sentiment Index (CSSI).

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21 August 2015

Jacobs Engineering Group has been awarded two contracts by Hyundai Engineering Company Limited to design and build two 1,000 Megawatts (MW)power plants in Port Dickson, Malaysia.

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21 August 2015

The China CAD Market will grow at a compound annual growth rate (CAGR) of 10.2 per cent over 2014-2019, says Research and markets.

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21 August 2015

In their latest report, market researcher Technavio expects to see a growth in the Asia-Pacific automotive heat exchanger market at a compound annual growth rate (CAGR) of 9.24 percent from 2014-2019.

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