Author: DINESH G
Turkey’s machinery exports hit $14.8 billion in January-October, an exporters’ group said.The sector posted a 12 percent year-on-year increase in the first 10 months of this year, the Machinery Exporters’ Association (MAIB) said in a press release. The most exported products of the sector included industrial and domestic refrigeration, washers and dryers, internal combustion engines, construction and mining machinery, and pumps and compressors. Kutlu Karavelioğlu, the group’s head, said Germany’s economic shrinkage is hitting the sector. “Due to the contraction in the second quarter, German factories are losing work, reducing their supplies, and the possibility of the U.S. applying new…
Textile machinery and machine tools manufacturer Lakshmi Machine Works (LMW) has started making vertical machining centre (CMX 600 Vi VMC) for DMG Mori for the Indian market. The machine tool division of LMW will produce about 10 units a month for DMG Mori initially. “The production volume will increase in stages,” according to a statement from DMG Mori. The production is outsourced to LMW in India, “which makes possible a shorter lead time until delivery than domestic production in Japan,” the statement added. India is a market with potential for DMG Mori, Masahiko Mori, its president, informed the media here…
Curiously, Agriculture Department officials have been unable to trace farm machinery banks in Bathinda that were set up by the Centre under a scheme to tackle stubble. Providing 80 per cent subsidy on purchase of farm implements, these banks/centres were established by co-op societies comprising farmers, self-help groups, farmers’ societies, farm groups and private entrepreneurs. A team of the Central Farm Machinery Training & Testing Institute Budni, MP, that carried out a survey of 107 centres in Bathinda, Barnala and Sangrur districts in July, in a report to the Punjab Government, has said that only 73 of these could be…
Capital spending has been a bright spot for the world’s third-largest economy, driven by refurbishing of aged infrastructure, urban development, automation and investments to cope with a labour crunch in the rapidly ageing population. Policymakers are counting on solid capital expenditure and domestic demand to prop up growth amid the U.S.-China trade war, a broader global slowdown and the impact from last month’s sales tax hike. Core machinery orders fell 2.9% in September from the previous month, down for a third straight month and dashing expectations for a 0.9% increase in a Reuters poll, Cabinet Office data showed on Monday.…
India will see a massive investment of USD 118 billion in oil and gas exploration as well as in setting up of natural gas infrastructure in the next few years as the country prepares to meet the needs of a fast growing economy, oil minister Dharmendra Pradhan said on Monday. As much as USD 58 billion will be invested by 2023 in oil and gas exploration and production, while, another USD 60 billion will be put in creation of natural gas infrastructure such as pipelines, import terminals and city gas distribution networks by 2024. Speaking at the India Energy Forum…
Using Taxibots will bring down fuel consumption Air India on Tuesday became the first airline in the world to use a Taxibot on a A320 aircraft with passengers on-board. Taxibot is a robot-used aircraft tractor for taxiing an aircraft from parking bay to runway and vice versa. On Tuesday morning, the national carrier’s Chairman and Managing Director Ashwani Lohani flagged off flight AI665 — which was carried to runway using Taxibot at terminal 3 of the Delhi airport — to Mumbai. With Taxibot, it is possible to tow an aircraft from the parking bay to the runway with its engines switched…
Italtractor ITM SpA (“ITM”) and DOZCO (INDIA) PVT.LTD (“DOZCO”) has created a joint company called ITM DOZCO PVT. LTD. The joint venture will cover the Indian market needs as well as requirements for global customers across all industries. It will offer a full range of undercarriage components and complete track system for earthmoving machines. This agreement follows years of cooperation between ITM and DOZCO. “By leveraging ITM’s expertise in undercarriage production and design as well as DOZCO’s market knowledge and service capability, we will be able to offer our customers a significant improvement in operational efficiency and quality service. This…
Oerlikon Balzers, surface solutions supplier, celebrated 25 years of operations in Pune, India, on October 12, 2019. The event also marked the inauguration of the new forming tools centre, a demonstration of Oerlikon Balzers’ continued commitment to the growing Indian market. The existing customer centre has been substantially expanded, enabling Oerlikon Balzers to respond to the increased demand for high-quality coatings. The new dedicated production line features pre- and post-treatment and can handle large forming tools and low-pressure nitriding for metal, plastic and aluminium die casting tools. In Pune, Oerlikon Balzers will serve suppliers in various sectors in the metal…
UK-based MachineMax has inaugurated an online-based savings calculator built to aid mining operators cut idling costs.The tool considers the types of machines for which a user is seeking savings, as well as the size of the mine’s fleet and the operator’s hourly rate; cost assumptions are modelled using collected data from customers and standards. It takes about two minutes to complete. The calculator also has an advanced savings option, which can offer more accurate results using actual site costs, including fuel and maintenance.”On a mine site, some idle time cannot be completely avoided; however, it may be an indicator of…
MAG and Saginaw Machine Systems (SMS) have appointed Marcus Machinery a strategic sales and service channel partner for the states of Pennsylvania, New York, New Jersey, Maryland, Delaware, West Virginia, and Washington, D.C. Both MAG and SMS are members of FFG, a global group of machine tool builders. “As we’ve strategically expanded our geographical coverage this past year, we’ve been looking to partner with a high-quality builder of horizontal machining centers and vertical lathes,” said Mark Henne, president of Marcus Machinery. “We’re excited to partner with MAG and Saginaw Machine Systems, and provide our customers with innovative solutions for their…
Swindon Powertrain’s High Power Density (HPD) EV system will ease the transition for manufacturers currently frustrated by the lack of compact, high power EV systems available to buy in low volumes. This 80kW ‘crate’ powertrain that makes it easier for specialist OEMs to electrify their low volume sports cars, light commercial and recreational vehicles has been announced. “To date, niche manufacturers have not had access to compact, high-power EV powertrains they could source in low to mid volume, leading to a vacuum of supply,” said Swindon Powertrain’s managing director Raphaël Caillé. “When you factor in development costs, specialist OEMs haven’t…
Robotic welding stations make up a significant part of the industry, often to replace the growing shortage of skilled welders. The American Welding Society predicts a shortage of 290,000 welding professionals by 2020. Welding automation can make up for those missing professionals, but it presents an entirely new set of safety problems. How do you protect yourself while working around robotic welding stations? Here are a few tips to keep you safe on the job. Know When You’re Most at Risk Various welders have different stop times, safe distances and safeguard response times. Even if you’ve worked with automatic welding…
For a North American division of Norsk Hydro, a major global aluminum producer, business hasn’t been cheery since the summer.”Like a lot of industries we’ve been on an 8- to 10-year growth period,” says Charles Straface, president of the $3 billion annual sales business unit that builds the “bones” of such products as trailers, trucks, cars, windows, and doors in more than 20 factories across North America. Last year, business was at a peak it hadn’t seen since 2006. This year things began to slow by 3% through July, which was still “pretty good.” Now? “In the last two months…
China’s industry ministry has granted Tesla Inc certificate allowing it to start production in the country. This means “the green light is fully given to Tesla for production in China,” said Yale Zhang, head of the Shanghai-based consultancy Automotive Foresight. Tesla can start production any time, he said The $2 billion factory Tesla is building in the eastern Chinese city of Shanghai is its first car manufacturing site overseas. It was earlier report that Tesla plans to start production at its China factory this month. It is unclear when it will meet year-end production targets because of uncertainties around orders,…