DEK appoints Spectronic to oversee laser-cut stencil manufacture

Publish on 12/2/2009 11:12:19 AM

DEK has appointed Spectronic Technology Private Ltd as a franchisee for laser-cut stencil manufacturing. Covering the territories of Singapore, State of Johor and Melaka in Southern Malaysia, and Batam Island, Indonesia, the new initiative is a key part of DEK's commitment to meeting and exceeding the evolving challenges of customers in Asia and beyond.
Global steel demand to return growth in 2010

Publish on 12/2/2009 11:12:40 AM

The World Steel Association (worldsteel) is forecasting that apparent steel use will contract worldwide by -8.6% to 1,104mmt in 2009. This is an improved figure over the spring forecast issued in April 2009 that predicted a decrease of -14.1%. The improvement is largely due to the exceptionally strong growth in steel demand in China. With signs, from the beginning of the second half of 2009, of a recovery across the world now apparent, global steel demand in 2010 is forecast to grow by 9.2% to 1,206mmt, which is a recovery to the level of 2008.
Valenite to join the competence brands of Walter AG

Publish on 12/2/2009 11:12:47 AM

On 1 January 2010, U.S.-based Valenite is to be integrated into the Walter Group. Operating in NAFTA markets, the new competence brand, Walter Valenite, is set to offer tools with indexable inserts for turning, drilling and milling, as well as the special tools of the high-tech MODCO brand (complex motion tools). 揃y combining our product ranges, we will be able improve our market position in North America on the one hand and our worldwide position in the automotive industry on the other," explains Peter Witteczek, chairman of Walter's bard of directors in T黚ingen.
GF AgieCharmilles appoints new managing director

Publish on 12/2/2009 11:12:05 AM

EDM and milling machine tool specialist GF AgieCharmilles has announced the appointment of Martin Spencer as the company's new managing director. Martin Spencer takes over the top job at GF AgieCharmilles from Steve Sylvester, who is leaving the company to take up a senior management position at SMP Playgrounds. Spencer has worked for the GF AgieCharmilles organization, in a variety of senior and managerial positions, for over 20 years.
SolidWorks innovation day: A virtual 3D experience

Publish on 12/2/2009 11:12:09 AM

Dassault Syst鑝es (DS) SolidWorks Corp. announced the first Solid Works Innovation Day virtual event. The event offers a brand new and exciting experience for SolidWorks community and is an industry first for CAD users in the Asia-Pacific region. Through this virtual experience platform, attendees can choose over 40 different sessions from an action-packed agenda. Speakers include CAD industry veterans, DS SolidWorks key executives, and product and technical experts.
New Schaeffler Group Automotive presidents

Publish on 12/2/2009 11:12:20 AM

Dr. Peter Pleus (55) and Norbert Indlekofer (51) will take on the position as president of Schaeffler Group Automotive. They have been appointed successors to Dr. Elmar Degenhart (50), who was appointed chairman of the executive board of Continental AG on August 12, 2009. Siegfried Kronmueller remains responsible for the automotive aftermarket business division, and Dr.
Good Luck Steel commissions steel dye-casting, forging plant

Publish on 12/2/2009 11:12:39 AM

Good Luck Steel Tubes Ltd has successfully commissioned a stainless steel dye-casting and forging plant. With an annual production capacity of about 6,800 metric tons, the plant has started commercial production and the first consignment is expected to be dispatched shortly. The company had been enlisted by Engineering India Ltd (EIL) for the supply of flanges and rings of carbon steel, alloy steel and stainless steel.
Tata Steel, MMTC form exploration development JV

Publish on 12/2/2009 11:12:00 AM

Tata Steel Ltd and MMTC Ltd have signed an agreement at New Delhi to establish a 74:26 joint venture company for acquiring, development and operation of mines and processing of minerals and metals. The JV was signed by Mr. Sanjiv Batra, chairman and managing director of MMTC and Mr. H M Nerurkar, managing director, Tata Steel, in the presence of other senior executives from both the companies. Steel production in India is projected to grow to over 120 million tons by the year 2015.



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