Industry Views
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Industry Views
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The LED Industry Saw a Recovery with Increased Orders of Large-Size LED Backlights
Mar 28, 2012The LED industry saw a recovery in the first quarter with increased orders of large-size LED backlights. This has increased LED firms' utilization rates to around 80-90% and revenues in March will increase as well. This is an improvement ...
Tags: Market View, led chip, led backlight
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FLSmidth Has Been Awarded a Contract Worth USD 83m From The Company
Mar 28, 2012FLSmidth has been awarded a contract worth USD 83m (approximately DKK 470m) from the company Margem Companhia de Mineração (a subsidiary of Supremo Cimentos) for delivery of equipment and services for their new cement ...
Tags: market view, cement, production line
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Timber Harvest Volume Has Dropped by Between 25% and 30% Because of Closures or Cutbacks
Mar 28, 2012Northern Minnesota’s logging industry is suffering along with the rest of the national wood products industry, but leaders of trade groups say loggers who’ve held on so far are likely to survive. Since the downward trend started ...
Tags: market view, timber
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IKEA Will Set Foot in Indonesia From 2014
Mar 28, 2012Those looking for affordable, ready-to-assemble furniture products of world renowned IKEA shall no longer be bound for Kuala Lumpur or Singapore, as the company will set foot in Indonesia from 2014. Indonesian publicly-listed retail giant ...
Tags: market view, furniture
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Extrusion Major Has Expanded Its Technology Base
Mar 28, 2012Extrusion major Gloucester Engineering Co. Inc. has expanded its technology base with the acquisition of blown film specialist Future Design Inc. Of Mississauga, Ontario. Gloucester announced the acquisition March 6 but did not disclose ...
Tags: Extrusion
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Moyno Tri-Phaze System Is a Patented Progressing Cavity Solution
Mar 28, 2012The Moyno Tri-Phaze System is a patented progressing cavity solution offered for multiphase pumping applications within the oil and gas industry. The low total cost of ownership and superior pumping efficiency have turned marginal wells ...
Tags: market view, pump
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Haulotte Group Has Announced a 23 Percent Increase in Sales to 306.9 Million for 2011
Mar 27, 2012Haulotte Group has announced a 23 percent increase in sales to €306.9 million for 2011, driven by a doubling of sales in North America and increases of 77 percent in Latin America and 48 percent in Asia. However, the company said ...
Tags: market view, backhoe loaders
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The Building-Hand Tools Group Is Quickly Rising
Mar 27, 2012Building-related groups rank high in IBD's rankings of 197 industry groups amid a recovery in the housing and construction markets. The Building-Hand Tools group is quickly rising and is home to dividend stalwart Stanley Black & Decker ...
Tags: Market View, hand tool
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Cribmaster Announces The Launch of ProtoID RFID-Embedded Hand Tools Including Sockets
Mar 27, 2012In collaboration with Proto™, CribMaster™, the global leader in tool control technology, announces the launch of ProtoID™ RFID-embedded hand tools including sockets. Specifically designed to meet the highest standards in ...
Tags: Market View, power tool
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Danaher and Cooper Are Seeking Buyers for a Joint Venture
Mar 27, 2012Danaher Corp. (DHR) and Cooper Industries (CBE) Plc are seeking buyers for a joint venture that makes hand tools for Sears Holdings Corp.’s Craftsman brand, said two people with knowledge of the matter. The venture, Apex Tool Group, ...
Tags: Market View, hand tool
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Cribmaster Announces The Launch of Protoid? RFID-Embedded Hand Tools Including Sockets
Mar 27, 2012In collaboration with Proto™, CribMaster™, the global leader in tool control technology, announces the launch of ProtoID™ RFID-embedded hand tools including sockets. Specifically designed to meet the highest standards in ...
Tags: Market View, Hand tool
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Grede Has Acquired Substantially All The Assets of Virginia Casting Industries
Mar 27, 2012Grede Holdings LLC, Southfield, Mich., has acquired substantially all the assets of Virginia Casting Industries LLC, Radford, Va. Renamed Grede Radford LLC, the primarily automotive metalcasting facility becomes Grede's 17th in North ...
Tags: casting, metalcasting, casting machine, machinery
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Formosa Epitaxy to Expand Its Production Capacity Through Adding Six MOCVD
Mar 27, 2012Taiwan-based LED chip maker Formosa Epitaxy, in view of increasing demand for LED chips used in backlight units of LCD TV panels and lighting products, will expand its production capacity through adding six MOCVD sets at its domestic ...
Tags: Market View, MOCVD
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Genmab Announced GSK Entered Into a Patent Settlement Agreement with Genentech
Mar 27, 2012Genmab has announced that GlaxoSmithKline (GSK) entered into a patent settlement agreement with Genentech and City of Hope for Ofatumumab. GSK is Genmab's development and commercial collaborator for the CD20 antibody of atumumab. ...
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Pump Industry Awards Organisers Have Revealed The Winners Awarded This Prestigious Prize
Mar 27, 2012The Pump Industry Awards organisers have revealed the winners awarded this prestigious prize on the 22nd March at the St Johns Hotel in Solihull, UK. They are: Technical Innovation of the Year - Products - WINNER: XHD Slurry Pump by ITT ...
Tags: News Update, Market View, pump
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