Reuters reported that investment fund Apollo has submitted a bid to regain the French steelmaker Ascometal. As per report, Apollo would have made an offer last month to EUR 300 million and also proposed to return EUR 100 million of debt from the French manufacturer of specialty steel long products, currently held by Luchini, an Italian conglomerate controlled by Russian Severstal. The proposed transfer of…

GK Systems specializes in developing turnkey systems for foundries, recycling facilities, and aggregate processing plants. The GK Systems brand was officially launched in 2020 after General Kinematics determined that the business’ systems division was growing rapidly. To better serve their clients and highlight GK Systems’ distinct capabilities in the EPC market, General Kinematics opened a dedicated office…

Accuratley timed for the new season is the new 36-pages jms ford tuning- & stylingcatalog available. For free the customers get the 144 pages jms wheelcatalog enclosed. The product range in the catalog enfolded: aerodynamic parts, alarm systems exhaust systems, spacers, suspension kits, strut braces, headlights, taillights, windstops and sport seats. JMS have only famous producers with tüv aprroved products…

The Medtec Europe medical technology trade fair concluding in Stuttgart on March 15 brought together some 14,000 engineers, production specialists, designers and decision makers from across Europe. After another successful event, the organiser, UBM Canon, is making plans for future growth. This year, Medtec Europe notched 1,017 exhibitors, whose displays covered a net floor area of approximately 17,000 m2…

With a new plant for steel processing, which results in Völklingen, wants the Saar steel company in the increased demand for high quality steel and forged products needs. In the EUR 150 million construction of the new secondary metallurgy of Saarstahl group is on schedule. That said Mr Patrick Naumann, head of structural engineering, in an interview with the newspaper Saarbrücken. After the foundation and…

ThyssenKrupp Metallurgical Products GmbH, Essen, has acquired the business of metal commodity trading company BenMet NY, headquartered in New York, effective July 1, 2013. The companies have agreed not to disclose the purchase price. With the acquisition, ThyssenKrupp Metallurgical Products is significantly expanding its activities in North and South America and widening its product portfolio appreciably.…

Daimler AG and Rolls-Royce Group plc today announced their decision to make a joint offer to acquire the entire share capital of Tognum AG. The Management Board will review the offer and in due course issue a statement to Tognum’s shareholders in accordance with Section 27 of the German Securities Acquisition and Takeover Act (WpÜG). The Board of Management of Tognum AG in principle welcomes this step. “We…

When you combine 1.3 billion citizens, 100 cities with more than a million inhabitants and an economy that's as unrestrained as Jim Cramer on an Adderall binge, China's explosive auto industry growth shouldn't be a huge surprise. Audi already lists the communist country as its largest market, while Mercedes-Benz is expecting it to be there in the next few years. Now, according to a report from Automotive…

GEMCO ENGINEERS BV , together with sister company KNIGHT WENDLING GmbH , offers well over 30 years of foundry consulting, engineering, project management and contracting services. From offices in the Netherlands, Germany , the Russian Federation (as well as with agents worldwide), they provide a complete range of services entirely dedicated to the cast metal industry. Services encompass (cost-) analysis,…