Market and Trends

Forging Opportunity in 2021

Taking care of any necessary forging equipment repairs, rebuilds or remanufactures now ensures that forgers will be ready for the economic rebound in 2021. In the forging industry, the recent economic slump, disruption…

Sustainability? Yes, but of the process and product

“We do not inherit the earth from our forefathers but borrow it from our children.” Sustainability: a term that encompasses many meanings as well as many problems, some of which are relatively easy…

Bountiful orders for the German machine tool industry

In the fourth quarter of 2017, the German machine tool industry’s order bookings increased by 24 per cent in comparison to the preceding year’s equivalent period. Domestic orders were up by 48 per…

CECIMO announces a positive economic outlook for 2017

The CECIMO General Assembly, which took place in Brussels on 22 November, announced that CECIMO machine tool production is expected to register a 2% annual growth in 2017 and reach 24.4 billion euro, rebounding from the last…

What does the future hold for the industrial sectors in the USA and Mexico?

They were major beacons of hope for international manufacturers of production technology: the USA with its re-industrialisation programme, and Mexico, which had evolved into one of the world’s most important automaking locations. But…

Further growth for German machine tool industry

The German machine tool industry’s order bookings rose in the third quarter of 2016 by 8 per cent compared to the preceding year’s equivalent period. Domestic orders were down by 14 per cent,…

Manufacturing digitalization and machines upgrade at Cecimo General Assembly

According to Cecimo General Assembly that took place in Fuschlsee, Austria on 21 June 2016, the European machine tool production increased 5% to 24.3 billion euro in 2015 e the machine tool exports…

Control cable market size is expecting to growth until 2023

Control cable market size is forecast to experience substantial growth prospects from 2016 to 2023, according to a study by Global Market Insights Inc. Surging significance in numerous industry sectors such as automation…

Alcoa presents spinoff company Arconic

Alcoa unveiled the name, logo and tagline of its future Value-Add company: “Arconic. Innovation, Engineered.” The spinoff company will focus on manufacturing multi-alloys for the aerospace and auto industries. The future Upstream company…

Japanese company’s new plant in China bolsters its operations there

Japan’s Nippon Steel & Sumitomo Metal Corporation has established a new company in China to expand the capabilities of its operations in the country. A press release said that a new company, Nippon…

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