Northern LifeJoy Global Inc. announced Friday it was buying Mining Technologies International for $51 million Cdn. MTI, which is based in Lively but has offices across Canada and the U.S., manufactures underground mining equipment for North American markets. It employs about 250 people.
Visit http://www.northernlife.ca/news/localNews/2014/04/13-mti-sold-sudbury.aspx to view the full article online.
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The AGMA Foundation has unique travel and outdoors packages as well as jewelry open for bidding on eBay now through 11:00 am ET on April 17. Bid early and often to support scholarships, training and research programs for the gear industry!
For additional information, including recognition of the donors who made this fundraising effort possible, please visit the Foundation’s website. Thank you!
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Stamford AdvocateManufacturers across Connecticut are more upbeat about their position in the improving economy, but while state government has taken steps to create a business-friendly environment, they say more can be done. The Manufacturing Alliance of Connecticut, in its second annual industry-wide survey, found that while most manufacturers are forecasting increased employment levels, they have difficulty finding qualified employees.
Visit http://www.stamfordadvocate.com/news/article/Manufacturing-survey-finds-more-optimism-but-5396674.php to view the full article online.
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Optics.orgAcknowledging the growing importance of additive manufacturing (3D printing) the UK’s Association of Industrial Laser Users last week hosted a workshop to "help attendees separate fact from over-sold fiction". The event was entitled Metal Additive Manufacturing: Opportunities in Applications and Improvements in Process Technology and took place in Sheffield, aka "the Steel City", which has long association with metals processing.
Visit http://optics.org/news/5/4/17 to view the full article online.
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Aviation WeekPratt & Whitney’s president of aftermarket, Matthew Bromberg, predicts that maintenance, repair and overhaul (MRO) shops in the future will "print" the parts they need with additive manufacturing technologies, speeding up repair tasks and reducing stored inventory. "It will work. It will be efficient. It’s the way the industry will go," said Bromberg, speaking at Aviation Week’s MRO America conference in Phoenix on April 9.
Visit http://www.aviationweek.com/Article.aspx?id=/article-xml/awx_04_09_2014_p0-677876.xml to view the full article online.
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CNBCBritish manufacturing grew much more strongly than expected in February, another sign that the country's economy has kept up its strong pace going into 2014, official data showed on Tuesday. Manufacturing output expanded by 1.0 percent in February from January - its biggest increase since September last year - and was 3.8 percent higher than in the same month of 2013, the Office for National Statistics said.
Visit http://www.cnbc.com/id/101553289 to view the full article online.
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Inside Indiana BusinessPDQ Tooling, an indexable cutting tool manufacturer for the production machining industry, announced plans today to locate operations in Columbia City, Ind., creating up to 45 new jobs by 2019.
Visit https://www.insideindianabusiness.com/newsitem.asp?ID=64552 to view the full article online.
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Telegraph & ArgusA Morgan three-wheeler – a retro model successfully reintroduced by the prestige British sports car builder – will take centre stage at the opening of a Shipley factory extension in a couple of weeks. Components designed and produced by Centa Transmissions Ltd in Thackley Old Road are an integral part of the new model of which Morgan has sold more than 1,000 since its launch at the Geneva Motor Show two years ago.
Visit http://www.thetelegraphandargus.co.uk/business/11134343.Firm_takes_Centa_stage_to_get_its_clients_moving/ to view the full article online.
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