Industry News for 11/2013
Gleason Corp., Rochester, N.Y., announced the signing of a definitive agreement to acquire IMS KOEPFER Cutting Tools GmbH from Eisenbach, Germany's IMS Gear GmbH and KOEPFER Verzahnungsmaschinen GmbH of Furtwangen. IMS KOEPFER Cutting Tools is a producer of gear-cutting tools and related products and services.
The MTConnect Institute and the OPC Foundation have announced the availability of the MTConnect-OPC UA (Unified Architecture) Companion specification release candidate (RC).
Michigan Manufacturing International (MMI), a supplier of mechanical assemblies and components, opened its new headquarters in Stevensville, Md., on Thursday, Nov. 21.
Liberty Hall Capital Partners, a New York, N.Y.-based private equity firm focused exclusively on the global aerospace and defense industry, announced the acquisition of Tulsa, Okla.'s Precise Machining & Manufacturing, a Tier II supplier of machined parts, kits and assemblies and processing services to the aerospace industry.
Toolmaker Kennametal Inc., Latrobe, Pa., and Osaka, Japan-based Sumitomo Electric signed a licensing agreement under which Sumitomo Electric will provide and support Kennametal's new KM4X spindle connection to its customers globally. Sumitomo Electric, a supplier of electric wire, optical fibers and cutting tools, has its U.S. headquarters in Torrance, Calif.
Machine tool manufacturer DMG MORI Manufacturing hosted its inaugural Manufacturing Days event, holding an open house at its Davis, Calif.,factory. The 4-day open house provided more than 1,300 attendees with a look into the 200,000-sq.-ft. manufacturing facility, as well as educational seminars and live cutting demos.
AFAB, a Lake Forest, Calif.-based manufacturer of machined parts and assemblies, is moving into the aerospace and automotive markets through acquisitions of new equipment, hiring experienced personnel, and institutingnew systems, according to the company.
Dörken MKS Systems, the German parent company of Dörken Corp. USA, welcomed 230 visitors from four continents and 25 countries to its Düsseldorf facility to learn about its latest coating developments. Visitors included representatives of the automotive industry, tier suppliers, licensed applicators and coating equipment manufacturers.