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Gleason Corporation
Gleason Corporation today announced the signing of a definitive agreement to acquire IMS KOEPFER Cutting Tools GmbH of Eisenbach, Germany from IMS Gear GmbH and KOEPFER Verzahnungsmaschinen GmbH. The company which has approximately 70 employees will be renamed Gleason Cutting Tools GmbH and continue to operate at its current location in Eisenbach, Germany, with its existing management team. Visit http://www.gleason.com/en/news/237/gleason-to-acquire-ims-koepfer-cutting-tools-gmbh to view the full article online. |
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Industry Week
Steel manufacturing giant ArcelorMittal and Nippon Steel & Sumimoto Metal said they agreed to buy a U.S. steel plant owned by ThyssenKrupp for $1.55 billion. The agreement is for a 50-50 joint venture partnership between ArcelorMittal and Nippon Steel. Visit http://www.industryweek.com/supply-chain/arcelormittal-nippon-steel-buy-thyssenkrupp-us-factory to view the full article online. |
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The Hindu
India’s manufacturing sector activity witnessed an expansion in November for the first time since July, driven by rising new domestic orders, an HSBC survey said on Monday. The HSBC India Manufacturing Purchasing Managers’ Index (PMI) for the manufacturing industry climbed from 49.6 in October to 51.3 in November on the back of a rebound in new orders and output. Visit http://www.thehindu.com/business/Economy/indias-manufacturing-pmi-expands-in-november/article5413645.ece to view the full article online. |
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Bloomberg
Manufacturing in the U.S. unexpectedly accelerated in November at the fastest pace in more than two years, indicating factories will be a source of strength for the economy heading into 2014. Visit http://www.bloomberg.com/news/2013-12-02/u-s-ism-manufacturing-index-rose-to-57-3-in-november-from-56-4.html to view the full article online. |
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Los Angeles Times
Faced with rising wages in China and high shipping costs, many businesses are finding manufacturing close to home more appealing. But despite its advantages, Mexico has problems. Visit http://www.latimes.com/business/la-fi-overseas-manufacturing-20131130,0,5614376.story#axzz2mKvWaJrh to view the full article online. |
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Automotive News
Honda Motor Co.'s newest assembly plant was seven years in the making, twice delayed and may be the last greenfield car factory in Japan for a long time. But the Yorii factory, nestled in rolling green foothills just north of Tokyo as part of Honda's Saitama assembly complex, provides a look at the next-generation manufacturing technologies Honda aims to transfer to its overseas factories. Visit http://www.autonews.com/article/20131201/OEM01/312029986/hondas-new-plant-takes-manufacturing-to-the-next-level#axzz2mKufXCUB to view the full article online. |
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Manufacturing Business Technology
Today, data is captured in almost every manufacturing process in spite of the fact that automotive assembly continues to involve a lot of manual work. We have designed and implemented kitting, sequencing, error proofing systems, vision inspection solutions, automated work instructions and equipment status monitoring. Visit http://www.mbtmag.com/blogs/2013/12/designing-data-automated-and-manual-production to view the full article online. |
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Aerospace Manufacturing and Design
Rolls-Royce officials have announced the latest version of its Trent 700, the Trent 700 Regional, will power the recently announced Airbus A330 regional aircraft. The engine was confirmed at the Rolls-Royce customer symposium in China, which along with South East Asia, will be a key market for the aircraft. Visit http://www.onlineamd.com/rolls-royce-trent-700-will-power-a330-regional-112913.aspx to view the full article online. |
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Bloomberg
U.K. manufacturing expanded more than forecast in November, indicating the recovery is maintaining its momentum in the final quarter of the year. A gauge of factory activity increased to 58.4, the highest since February 2011, from a revised 56.5 in October. Visit http://www.bloomberg.com/news/2013-12-02/u-k-manufacturing-strengthens-to-fastest-in-almost-three-years.html to view the full article online. |
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The Moscow Times
Renault-Nissan will build a second engine with Russian partner AvtoVAZ and aim to overcome a decline in Lada sales in a market set to overtake Germany within two years, Renault's regional boss said. Visit http://www.themoscowtimes.com/business/article/renault-nissan-plans-second-russian-engine-plant/490593.html to view the full article online. |
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Industry Week
Manufacturing continued to expand in November, reaching its highest level of the year, according to the Institute for Supply Management’s monthly manufacturing index released Monday. The PMI grew to 57.3% in November from 56.4% in October, ISM reported. Visit http://www.industryweek.com/global-economy/manufacturing-expands-sixth-consecutive-month-ism-reports to view the full article online. |
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Smart Meters
One of the world’s most advanced wind energy testing facilities has opened South Carolina as part of Clemson University’s Restoration Institute. The facility is designed to test and validate new turbines, particularly for offshore wind, enabling engineers to simulate 20 years’ worth of wear and tear on drive trains in just a few months. Visit http://www.smartmeters.com/the-news/renewable-energy-news/4325-south-carolina-introduces-wind-turbine-testing-facility.html to view the full article online. |
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France 24
Brazil mining giant Vale announced on Monday it planned to cut investments for the third year in a row, down to $14.8 billion in 2014. The figure is down 9.2 percent from 2013, and well below the $18 billion total from 2011. Visit http://www.france24.com/en/20131202-brazils-mining-giant-vale-invest-148-bn-2014 to view the full article online. |
