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13. August 2018

SMS group presents solid balance sheet

Order intake increases from EUR 2,680 million to EUR 2,870 millionSales decrease slightly from EUR 3,052 million to EUR 2,887 millionNet result increases to EUR 23 millionEfficiency-boosting program takes effect and enables...

10. August 2018

GF enters strategic partnership with leading 3D printing manufacturer

GF Machining Solutions, a division of GF, and 3D Systems, Rock Hill (USA), a leader in additive manufacturing, announced their strategic cooperation for jointly developed, integrated manufacturing solutions based on 3D...

09. August 2018

USA - Euclid-based Terves is expanding its magnesium foundry

Terves Inc. is expanding its magnesium foundry in Euclid.The expansion will allow the company to grow its "metal processing, heat treatment, machining, and storage capabilities," according to a news release. Terves...

08. August 2018

Bohai acquires majority stake in TRIMET Automotive

Bohai Automotive Systems Co., Ltd. and TRIMET Aluminium SE have completed their joint venture for TRIMET’s Automotive Division. Via a German subsidiary, Bohai Automotive now holds 75 percent of the shares in TRIMET Automotive...

08. August 2018

IN- Gurugram-based ASK Automotive explores Rs 1,200-crore IPO to fund growth

Sources said that the company's promoters were close to selling stake to a strategic investor, but called off the move at the last moment and later decided to take the company publicASK Automotive, a maker of various parts and...

07. August 2018

UK - automotive supply chain reaps GBP54m competitiveness boost

England's automotive supply chain has benefited from a GBP54m boost to its competitiveness over a four-year period, thanks to a government funded scheme which closed last week.According to the Society of Motor Manufacturers and...

03. August 2018

Green Factory – emission-free factory of Mercedes-Benz in Jawor

Environmentally friendly: from production to the product – that is how the concept of power and heat supply to the factory of Mercedes-Benz engines in Jawor in Lower Silesia could be summarised. The plant will be fully neutral...

02. August 2018

Rheinmetall - Motorservice emphasizing service

Automechanika in Frankfurt is being held from September 11 to 15. MS Motorservice International GmbH together with its subsidiary MS Motorservice Deutschland GmbH is exhibiting in Hall 4.0 on Stand C 42. The prime purpose of the...

01. August 2018

IN - Brakes India plans ₹100-crore capacity expansion in Andhra Pradesh factory

Brakes India, a leading auto parts company of the TVS Group, plans to invest about ₹100 crore in expanding the capacity at its Naidupeta factory in Andhra Pradesh, which adopts a modern ‘line concept’ to produce castings.“The...

31. July 2018

KO / USA - DAE-IL Corp Builds Auto Parts Manufacturing Plant in Murray, Kentucky

USA - 120 jobs for automotive plant in Murray, Kentucky South Korea’s DAE-IL Corp. started construction on a $50 million, 120-job automotive parts plant in Murray, Kentucky. Company leaders expect the 295,000 square-foot...

30. July 2018

IN - Inform if foundry industries require Environment Clearance in Jasodharpur: National Green Tribunal to Ministry of Environment and Forests

The National Green Tribunal has directed the Ministry of Environment and Forests (MoEF) to make a categoric statement about foundry industries operating without environment clearance in Jasodharpur Industrial Area (JIA) in...

27. July 2018

GER - Metal 3D Printing and Classic Foundry Techniques: Friends or Foes?

The first question that is often asked when a new technology is introduced is: what of the old way of doing things? Sometimes the answer is that it fades into oblivion — think: fortran and floppy disks — other times it falls out...

26. July 2018

UK - Chamberlin warns of cost, production pressures at UK foundry

Specialist castings and engineering group Chamberlin warned that it was experiencing increased costs at its Walsall foundry in England.Revenue for the first three months of its current financial year was in line with...

25. July 2018

Brembo Stops on the Lawn at the Concours d'Elegance of America

Brembo to highlight color and design Brembo brakes will be stopping on the lawn at the 40th Annual Concours d'Elegance of America, on Sunday, July 29 at the Inn at St. John's in Plymouth, Michigan. The company will...

23. July 2018

IN - Going Green by Reclaiming Green Sand

Researchers develop a highly effective solution for recovering green sand in small and medium foundries.About 70% of the cast metal objects around us, from bathroom taps to automobile gearboxes, are manufactured in foundries...

20. July 2018

CN - Volvo expects record 2018 sales despite trade tensions

Volvo Cars said it was on track for a fifth consecutive year of record vehicle sales despite rising trade tensions after second-quarter profit rose on strong demand for its SUVs.Operating profit increased 29 percent to 4.2...

18. July 2018

GER / IN - VW Group to invest Rs 7,900 crore in India, plans new design centre by end-2018

While Skoda Auto India had announced its ‘India 2.0’ project a week ago, its parent Volkswagen Group today revealed further details about its new strategy to accelerate its business in India and gain market share in the growing...

17. July 2018

GKN Powder Metallurgy found a way to shine in lightweight technology, additive manufacturing, and electrification.

The process of powder metallurgy (PM) has existed for over 100 years. By heating compressed metal powders to just under their melting points, metallurgists can produce high-quality parts for a variety of applications.But the...

16. July 2018

CA - The Auto Aftermarket in an Era of Trump Tariffs

This past Sunday was a big day for Foreign Affairs Minister Chrystia Freeland. The minister oversaw the introduction of the largest retaliatory effort Canada has undertaken on trade in the post-war era. That the new tariffs were...

13. July 2018

Gabriele Galante 1942 -2018

With gratitude and great appreciation for his international achievements for CEMAFON, we have the sad task to say goodbye to our former President Gabriele Galante. He was the founder of IFF and put a lot of effort into all...

13. July 2018

RUS - Rusal elects new board of directors in bid to escape…

Shareholders at sanctions-hit Russian aluminium producer Rusal elected a new board of directors on Thursday in an effort to appease the U.S. and get the restrictions lifted.The new board, dominated by independent directors and...

12. July 2018

Dr Guido Kleinschmidt new President of METEC 2019

Dr Guido Kleinschmidt (49), who is a member of the Managing Board of SMS group GmbH, is the new President of METEC, the International Metallurgical Trade Fair and Congresses from 25. to 29. June 2019. He was elected unanimously...

12. July 2018

GER - VW to separate components business

Similar to Volkswagen's Passenger Cars and Commercial Vehicles brands, Components is to become an independent corporate entity under the umbrella of VW AG from January 2019."The realignment process which is currently in...

11. July 2018

UK - New Thomas Dudley showroom offers training facility

An interactive and digital showroom forms part of Thomas Dudley Grup's new head office in Dudley.The market-leading bathroom and washroom products manufacturer's new building, designed by Glazzards Architects, was unveiled to...

10. July 2018

GER / IN - Tata Steel comes out on top in Thyssenkrupp JV deal

Tata Steel’s modest concessions seen far below those sought by Thyssenkrupp’s investorsDespite its apparent concessions, has Tata Steel actually come out on top in the joint venture agreement with German competitor Thyssenkrupp?...

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