Thanks to the recent acquisition of technology service provider IQ-Temp, German thermodynamics specialist Hotset can now implement temperature control systems that integrate dynamic heating and homogeneous cooling in a hitherto unique way. With these overall solutions, it offers tool makers in injection moulding and die casting technology forward-looking perspectives for the production of intelligent tools…

An estimated 100 million Euros has been invested, 5 million cast components with a total weight of 69,000 tons will be manufactured every year, and crankcases will be built in 105 seconds with the new expansion of the BMW Light Metal Casting Foundry. Right on time for BMW's 25th manufacturing anniversary within the coming year, BMW is perfectly set up with it`s only light metal casting manufacturing…

Initial actions have begun in the insolvency case of the Wasseralfinger Foundry Group SHW Casting Technologies (CT): Kieler Caterpillar Motoren Gmbh will take over the Keil Foundry GmbH, which belongs to CT group on August 1st, 2013. Caterpillar announced the transfer of essential resources of the foundry, located on the Baltic Sea, to a newly established Caterpillar Castings Kiel GmbH. The foundry…

Management of the ZPF Therm Maschinenbau GmbH filed a request on the 04.07.2013 to open insolvency proceedings at the District Court Heilbronn. On 06.07.2013, lawyer and insolvency specialist, Mr. Steffen Beck, of Beck Law firm was chosen to be the preliminary insolvency administrator. The ZPF Therm Maschinenbau GmbH belongs to the ZPF Group and is an international manufacturer of melting and holding…

Ground has been broken at the MAN plant in Nuremberg for the hall where the Common Base Engine (CBE), the joint platform for future diesel engines used in MAN, Scania, and Navistar vehicles, will be produced. The highly efficient diesel engine developed in an alliance of the Group’s brands will serve as a bridge technology leading to the electric drive systems of the future. The commercial-vehicle maker has…

German automotive supplier Continental AG cut its growth forecast for the production of passenger and light commercial vehicles in 2021 on Thursday due to a chip supply crunch it sees persisting throughout the year. Continental trimmed its forecast for production to rise 8% to 10%, down from a previous forecast for 9% to 12%. It also cut the upper end of its 2021 sales outlook for the automotive division to…

Driven by the soaring energy costs for gas, electricity, and oil and under conditions of limited raw material availability, ASK Chemicals is announcing price increases for all product groups with immediate effect. Based on current supplier commitments, the company is optimistic that it will be able to meet the forecast volumes despite the shortage of raw materials and, in some cases, significantly longer…

One of the largest storage heaters for liquid iron in the world now was installed on the site of the iron foundry Fritz Winter in Stadtallendorf/Germany. Only the steel tank weighs 33 tons. The refractory furnace lining weighs 75 tons. It took hours, until the storage heater finally reached a place in a hall and was installed there. Since May, the company builds Stadtallendorf with a total investment of…

Revenues: £1.214 billion (€1.473 billion) Order book: £2.042 billion (€2.682 billion) Revenues generated by Rolls-Royce Power Systems AG remained stable in the first half of 2014. The 2014 half-year report published today by the Rolls-Royce Group shows revenues for the “Power Systems” segment of £1.214 billion (€1.473 billion). This represents 17% of the total revenues generated by Rolls-Royce. The business…

The German vehicle manufacturer is to invest around €70m (US82.8m) in the modern facility that houses four laboratories and will eventually have 250 employees conducting research into cell development and analytics. “Volkswagen’s Salzgitter site demonstrates how the transformation of the German automotive industry from conventional drive systems to e-mobility can succeed,” commented Thomas Schmall, group…