Advanced Carbide Tooling (ACT) has signed an exclusive agreement with US cutting tool manufacturer Micro 100 to become the UK distributor of the Micro Quik range of indexable carbide cutting tools, which are of particular interest to ...
Tags: Learning Center, drill
Taipei, Oct. 22, 2012 (CENS)--Fair Friend Ent. Group President Jimmy Chu has announced that his company cuts down sales goal for this year to NT$35 billion (US$1.16 billion at US$1: NT$30) from originally planned NT$45 billion (US$1.5 ...
Tags: Fair Friend Ent.Group, machine tools, CNC Machine, DMC Co., Ltd, Mfg.Corp.
Fair Friend Group, a Taiwan-based machine-tool conglomerate, plans to invest more than EU$50 million (US$64.795 million) to merge two to three Italian machine-tool makers, becoming the largest machine-tool group in Italy, said Jimmy Chu, ...
Tags: market view, Machine tool
Taipei, Oct. 19, 2012 (CENS)--Chairman S.C. Hsu of the Taiwan Association of Machinery Industry (TAMI) recently signed a memorandum of understanding (MOU) with his counterpart at the China Machinery Industry Federation (CMIF), Wang ...
In 2011, the global machine tool industry continued to grow, with the total industrial output value increased by 34.7% year-on-year, the sales surged by 34.5% year-on-year and the import value up by 37.3% year-on-year. In particular, China ...
Tags: market view, machine tool
The Taiwan Association of Machinery Industry(TAMI)estimated Taiwan's machine tool industry to generate US$5.5 billion of revenue and US$4.5 billion of export this year,increasing 10%and 11%from last year,respectively. The TAMI made the ...
Taiwan's machine-tool makers are scrambling for rush orders to fill the vacant portion of their production lines as possible as they can while waiting for market recovery. According to Taiwan's machine-tool makers returning from the ...
Tags: Taiwan, machine tool makers, Falcon Machine Tool Company
Taipei,Sept.12,2012(CENS)--The top brasses of Taiwan's leading machine-tool makers are promoting their respective products in person at International Manufacturing Technology Show 2012(IMTS 2012)in Chicago running Sept.10-15,which is ...
Tags: Machine Tool, Industrial Equipment, Processing Machinery
In 2011, the global machine tool industry continued to grow, with the total industrial output value increased by 34.7% year-on-year, the sales surged by 34.5% year-on-year and the import value up by 37.3% year-on-year. In particular, China ...
Tags: Industrial Equipment, Components, Manufacturing, Processing Machinery
Taiwan's manufacturers of machine tools,most of which are small or medium in size,have experienced substantial sales growth following the global financial crisis of 2009.Their exports grew a further 9.4%in the first half of 2012,to US$2.09 ...
Quick reaction to market fluctuations and flexible manufacturing capabilities have helped many Taiwanese manufacturers of machining centers to escape the impact of economic recession in major markets.Those markets include mainland ...
Pinnacle Machine Tool Co.,Ltd.has launched feature-laden five-axis CNC machining centers to meet rising demand from high-end manufacturers looking to maintain precision production but reduce cost to be more competitive amid various ...
China's machinery industry expects to maintain steady growth this year, according to Cai Weici, vice-president of the China Machinery Industry Federation. The industry's revenue is expected to increase by about 18 percent over 2011, Cai ...
Tags: market view, Machine
(Reuters) - Chinese companies are eyeing German machine tool group MAG, two sources close to the transaction said on Monday, in a sign appetite remains high among Chinese groups for the acquisition of German industrial know-how. State-owned ...
Tags: Market View, machine tool
Mills CNC, the exclusive distributor of Doosan machine tools in the UK and Ireland, is on track to sell over 500 machines by the end of the year, following a significant sales surge after MACH and a record month in May. The projection is ...
Tags: market view, CNC