Friday, December 14, 2018
All News
Norsk Titanium Announces Strategic Investment from Rose Park Advisors’ Disruptive Innovation Fund
November 20, 2017
OSLO, Norway--(BUSINESS WIRE)--Norsk Titanium, the metal additive manufacturing pioneer, today announced it has closed on a significant investment from Rose Park Advisors’ Disruptive Innovation Fund, known for its application of the theory of Disruptive Innovation® developed by co-founder Clayton Christensen. Terms of the investment were
Crack Formation during Electrodeposition and Post-deposition Aging of Thin Film Coatings - 6th
November 20, 2017
This NASF-AESF Foundation research project report covers the sixth quarter of project work (April-June 2017) on this AESF Foundation Research project at the University of Houston. The objective of the work is to study fundamental and practical aspects of crack formation in electrodeposited thin films.by Prof. Stanko R. Brankovic* University of
Electrodeposited Inconel and Stellite-like Coatings for Improved Corrosion Resistance in
November 20, 2017
This work deals with problems in the Third World – namely improving the safety and efficiency of cookstoves used by people around the world.  A scalable and economic process is required to apply coatings on low-cost stainless steel substrates for enhanced high temperature corrosion resistance specifically targeted
Direct Metallization for Plating on Plastics
November 20, 2017
A new combination of copper immersion and autocatalytic copper-(I)-oxide deposition enables lower palladium concentrations in the activator bath, though the amount of copper deposited on the plastic surface can be up to ten times higher compared to its predecessor processes.  This way the drag out cost of palladium is minimized
Rayonier Advanced Materials Completes Acquisition of Tembec
November 20, 2017
JACKSONVILLE, Fla. & MONTREAL--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that it has completed the acquisition of Tembec Inc., combining two complementary high purity cellulose businesses and diversifying its product offerings with integrated forest products, paper, paperboard and newsprint businesses. The
Rebirth of Curtiss Motorcycle Co.
November 20, 2017
BIRMINGHAM, Ala.--(BUSINESS WIRE)--In 1903, Glenn H. Curtiss invented the venerable American v-twin motorcycle engine. Confederate Motors, Inc. invested 20-plus years perfecting his invention. Four generations of patented architecture were created. Seven years ago, in our twentieth year, we began research and development of our fifth generation
CUVs and a Celebration
November 20, 2017
Presently, Hyundai has two crossover models on the U.S. market, the Tucson and the Santa Fe (with this vehicle coming in two- and three row versions, with the former being named the “Santa Fe Sport,” so it could be argued that it has 2.5 models on the market). But last week Mike O’Brien, vice president, product, corporate and
November 2017 Product Spotlight Slideshow: Robots & Automation
November 20, 2017
This month’s Modern Equipment Review Spotlight focuses on equipment for automating manufacturing processes. Blog Post: 11/20/2017 Jedd Cole Associate Editor, Modern Machine Shop The slideshow above, based Modern Machine Shop magazine’s Modern Equipment Review Spotlight, features control equipment, pallet changers, software, end
COC Boosts Performance in Multilayer LLDPE Packaging
November 20, 2017
TOPAS demonstrates COC’s significant performance enhancements at ANTEC 2017. Discrete layers of cyclic olefin copolymer (COC) were found to provide significant performance enhancements in three- and five-layer LLDPE packaging film structures.  The findings of the study conducted by TOPAS Advanced Polymers, Florence, Ky. were recently
Innovations Bring Process Control Solutions
November 20, 2017
Renishaw opened its doors for guests to explore its new North American headquarters in West Dundee, Illinois, revealing an array of innovative solutions for attaining true process control in manufacturing. When you think about Renishaw Inc., you think industrial metrology. That’s what they are best known for in moldmaking. When I
Slim Toolholder Precisely Machines Areas That are Difficult to Reach
November 20, 2017
The slim design of the Tribos-SVL toolholder extensions from SCHUNK Inc. enables precise and smooth machining of workpiece areas that are difficult to access. In spite of the slim design, the extension is robust and permits a run-out accuracy of less than 0.003 mm. The Tribos-SVL can be combined with a variety of toolholders, like the Tendo
SLM Launches Updated AM Resources Website
November 20, 2017
The company has posted an updated site on the selective laser melting process. Metal additive manufacturing equipment supplier SLM Solutions NA, Inc. has launched an updated website for its North American branch. The company is headquarted in Lübeck, Germany, and has offices in Detroit, Michigan. The site has updated, in-depth content on the
PowerMill 2018 includes a Ribbon-Style User Interface
November 19, 2017
Autodesk’s update for the PowerMill 2018 interface includes a ribbon-style user interface, which is something the team has been working on since Autodesk acquired Delcam in 2014. The interface is designed to provide an improved user experience and help shorten the learning curve. According to the company, other
Tips for Screw Making on Swiss-Type Machines
November 18, 2017
Today’s range of CNC Swiss-type lathes have more capabilities than ever before. They are becoming more prevalent in the market, as more companies are discovering the benefits these sliders can bring to their organizations. A common application is producing screws, often for the medical industry. These can range from bone screws to orthopedic
Shark Line Taps Reduce Axial Forces and Torque
November 18, 2017
Dormer Pramet’s Shark Line material-specific taps offer high performance and process security with a color ring coding on the shank which identifies material suitability. New Product Post: 11/18/2017 Edited by Bart Bishop Assistant Editor, Production Machining Dormer Pramet’s Shark Line material-specific
The Hall China Company, GMP Reach Labor Agreement
November 17, 2017
EAST LIVERPOOL, Ohio--(BUSINESS WIRE)--Three more years of labor accord have been assured at The Hall China Company as it reached agreement on a new contract with employees, members of Glass, Molders, Pottery, Plastics & Allied Workers Union (GMP) Local 417. The deal impacts 90 workers and their families from East Liverpool, Ohio, and its
Westlake Chemical Corporation Declares Quarterly Dividend
November 17, 2017
HOUSTON--(BUSINESS WIRE)--The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2100 per share. The dividend will be payable on December 11, 2017 to stockholders of record on November 27, 2017. This is the 53rd successive quarterly dividend that Westlake has declared since
Donaldson Company Announces Preliminary Results of Annual Meeting, Shareholders Elect New Director
November 17, 2017
MINNEAPOLIS--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE: DCI) held its annual meeting of stockholders today, Friday, November 17, 2017. Preliminary voting results indicate that stockholders owning a majority of the shares voted supported: The election of three directors, including new director Pilar Cruz The company’s executive
Bluedrop Announces Early Repayment of $3,000,000 Debenture
November 17, 2017
ST. JOHN’S, Newfoundland and Labrador--(BUSINESS WIRE)--Bluedrop Performance Learning Inc. (TSX-V: BPLI) ("Bluedrop" or the "Company") announced today that it has repaid in full the 14.0% unsecured convertible debenture dated December 30, 2013 (the “Debenture“) in the aggregate principal amount of $3,000,000 issued by the Company
Jane and Steve Caldeira Honored as Humanitarians of the Year by So Others Might Eat (SOME)
November 17, 2017
WASHINGTON--(BUSINESS WIRE)--The Consumer Specialty Products Association (CSPA) is pleased to announce President and CEO, Steve Caldeira, and his wife Jane, have been named the So Others Might Eat (SOME) “Humanitarians of the Year.” Steve and Jane will accept their awards at the 2017 SOME Gala on Saturday, November 18, at the National
APAC to Dominate the Automotive Transmission Dynamometer Market | Technavio
November 17, 2017
LONDON--(BUSINESS WIRE)--The latest market research report by Technavio on the global automotive transmission dynamometer market predicts a CAGR of more than 29% during the period 2017-2021. The report segments the global automotive transmission dynamometer market by geography, including the Americas, EMEA, and APAC. It provides a detailed
Omegasonics Opens Manufacturing Plant in Washington State
November 17, 2017
The company is opening a new plant to manage needs for additional product, staff and capacity. Omegasonics announced that it is expanding and has opened a manufacturing plant in Ferndale, Washington. The expansion is in response to Omegasonics’s steady business growth across the country in all industry sectors in addition to its release of
Flat Ejectors Have Tight Dimensional Tolerances for Flash-Free Production
November 17, 2017
Flat ejectors are suitable for areas of injection molds like ribs or bars. The new HASCO America, Inc. flat ejectors have particularly tight dimensional and shape tolerances. Hasco says they permit optimum functioning of the mold and the flash-free production of injection moldings. To ensure that they can readily reach the corner geometries of
The CapStreet Group Announces the Sale of The Eads Company
November 17, 2017
HOUSTON--(BUSINESS WIRE)--The CapStreet Group (“CapStreet”) today announced it has completed the sale of its investment in portfolio company The Eads Company (“Eads”, or “the Company”) to FCX Performance, Inc. (“FCX”). Eads is a leading distributor of flow control products serving the petrochemical,
Wings Capital Partners LLC Announces the Closing of Secured Notes Issuance
November 17, 2017
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Wings Capital Partners LLC (“Wings”) announced today the closing of an issuance of $480,067,000 of fixed rate secured notes (the “Notes”) by WAVE 2017-1 LLC and WAVE 2017-1 Limited (collectively, “WAVE”), comprised of $393,308,000 of 3.844% Series A Notes, $57,839,000 of
Donaldson Company Declares Quarterly Cash Dividend
November 17, 2017
MINNEAPOLIS--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE: DCI) today announced that its Board of Directors declared a regular cash dividend of 18.0 cents per share, payable December 21, 2017, to shareholders of record on December 6, 2017. The Company has paid a cash dividend every quarter for 62 years and increased the dividend annually for more
McGarry of PPG to Present at 2017 Citi Basic Materials Conference
November 17, 2017
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that Chairman and CEO, Michael H. McGarry will present at the 2017 Citi Basic Materials Conference in New York on Tuesday, Nov. 28, at 8:45 a.m. ET. The presentation will be available via webcast through the Investor Center section of PPG’s website, www.ppg.com. PPG: WE PROTECT AND
Tips for Screw Making on Swiss-Type Machines
November 17, 2017
Today’s range of CNC Swiss-type lathes have more capabilities than ever before. They are becoming more prevalent in the market, as more companies are discovering the benefits these sliders can bring to their organizations. A common application is producing screws, often for the medical industry. These can range from bone screws to orthopedic
CAD/CAM Module Automates Die-Sinking Electrode Design
November 17, 2017
Open Mind Technologies’ HyperCAD-S Electrode module for its HyperMill software automates the design and production of electrodes for die-sinking, enabling users to base their electrode designs on the face to be machined within the component geometry. New Product Post: 11/17/2017 Edited by Julia Hider Assistant Editor, Modern Machine Shop Open
Webco Industries, Inc. Reports Fiscal 2018 First Quarter Results
November 17, 2017
SAND SPRINGS, Okla.--(BUSINESS WIRE)--Webco Industries, Inc. (OTC: WEBC) today reported results for our first quarter of fiscal year 2018, ended October 31, 2017. For our first quarter of fiscal year 2018, we generated net income of $3.0 million, or $3.31 per diluted share, compared to a net income of $0.7 million, or $0.86 per diluted share, for
CDB Aviation Delivers One New 737-800 to Air Changan
November 17, 2017
SEATTLE--(BUSINESS WIRE)--CDB Aviation Lease Finance DAC (“CDB Aviation”), a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced that a domestic Chinese carrier Air Changan took delivery of its first new Boeing 737-800 aircraft on lease from CDB Aviation at a
Incoe Breaks Ground For New Global HQ
November 17, 2017
Leading hot-runner supplier’s new facility expected to be completed by the summer of 2018. Incoe Corp. last month officially broke ground with a ceremony held at the site of their future 135,000 ft2 global headquarters in Auburn Hills, Mich. The new state-of-the-art facility combines and expands on three facilities the hot-runner specialist
New Injection Molding Group Emerges
November 17, 2017
Westfall Technik to expand organically and through acquisition. A newly formed holding company founded by former Nypro CEO Brian Jones has purchased two injection molding companies in what it calls “the first steps in the realization of a vision to build a market-leading group of plastics experts whose combined synergies and
Guill Opens Rheology Lab
November 17, 2017
Reportedly the only maker of round extrusion dies to have such a facility. Guill Tool & Engineering Co., Inc., manufacturers of extrusion tooling for the global market, has opened a rheology laboratory at its plant in W. Warwick, R.I. Seeking to obtain better results and minimize the time it takes between testing and production, the lab
Vogel Paint Opens Expanded Powder Coating Operation
November 17, 2017
Vogel Industrial Coatings completes first two phases of a 5-year, $29.3 million expansion plan for its powder coating manufacturing operation located at the company’s headquarters in Orange City, Iowa. Vogel Industrial Coatings welcomed over 400 guests celebrating the completion of the first two phases of a 5-year, $29.3 million expansion
Moving Toward a Smart Factory with Manufacturing Analytics
November 17, 2017
Machine monitoring is the first step that companies can take into Industrial Internet of Things (IIoT). To become a data-driven manufacturer, a shop first needs the data. Manually tracking data can create a number of problems: It’s inefficient to track, it can be inaccurate, and it’s reactive. Real-time data, on the other hand, allows
Henkel, Novozymes, P&G, Sasol Executives Elected to ACI Board of Directors
November 17, 2017
WASHINGTON--(BUSINESS WIRE)--Four executives from leading companies across the cleaning product supply chain were elected to the American Cleaning Institute (ACI) Board of Directors: Mike Clark, Vice President, Organics – Sasol Performance Chemicals Charles Crawford, Ph.D., Head of R&D, Laundry and Home Care, North America – Henkel
CDB Aviation Delivers A321-200 Aircraft To New Airline Customer Asiana Airlines
November 17, 2017
DUBLIN--(BUSINESS WIRE)--CDB Aviation Lease Finance DAC (“CDB Aviation”), a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced that the company delivered one Airbus A321-200 aircraft to South Korean carrier Asiana Airlines. The A321-200 aircraft will be
Allied Machine & Engineering Launches New Website
November 17, 2017
Allied Machine & Engineering (Dover, Ohio) has launched a new website, alliedmachine.com, with “smart search” functionality, a host of online product selection and design tools, and a digital library with information for distributors and end users. The mobile responsive design works across all devices. The website highlights the
Grinder Reduces Setup Time for Helical Screw Workpieces
November 17, 2017
Holroyd Precision’s TG 350 rotor grinding machine is designed to provide accuracy, speed and repeatability through greater levels of automation and reduced setup time.New Product Post: 11/17/2017 Edited by Eli Plaskett Assistant Editor, Modern Machine Shop Holroyd Precision’s TG 350 rotor grinding machine is designed to provide
Real Industry and Real Alloy’s U.S. Operations Initiate Chapter 11 Proceedings
November 17, 2017
NEW YORK--(BUSINESS WIRE)--Real Industry, Inc. (NASDAQ: RELY) (“Real Industry” or the “Company”) today announced that it has initiated restructuring efforts through the filing of a petition for voluntary Chapter 11 reorganization in the U.S. Bankruptcy Court for the District of Delaware. In conjunction, Real Alloy Holding,
The Buckle, Inc. Reports Third Quarter Net Income
November 17, 2017
KEARNEY, Neb.--(BUSINESS WIRE)--The Buckle, Inc. (NYSE: BKE) announced today that net income for the fiscal quarter ended October 28, 2017 was $19.9 million, or $0.41 per share ($0.41 per share on a diluted basis). Net sales for the 13-week fiscal quarter ended October 28, 2017 decreased 6.2 percent to $224.3 million from net sales of
Monsanto on Track to Become Carbon Neutral, Demonstrates Environmental Benefits of Modern
November 17, 2017
ST. LOUIS--(BUSINESS WIRE)--As society, businesses and governments around the world face the complex challenges associated with climate change, Monsanto Company today announced at COP23 significant progress toward making its operations carbon neutral by 2021, a commitment it made in December 2015. By making operational improvements and utilizing
Lean Takes On Cancer
November 17, 2017
Probably the most important automotive development of the year is occurring right now in Cologne, Germany, and it isn’t related to a new car or truck or crossover, but cancer treatment. Yes, that six-letter word. Mike Butler, a quality director at the Ford assembly plant in Cologne, was diagnosed with colon cancer and underwent treatment at
Take a Look Inside Deep Hole Drilling
November 17, 2017
Do I have your attention with this shot? It’s the inside of a gun barrel. What does that have to do with moldmaking? More than you think when it comes to deep hole drilling your waterlines, cross hole drilling, and deep pockets at compound angles, and on one machine instead of three—boring, five-axis machining and deep hole drilling in
Real Industry and Real Alloy’s U.S. Operations Initiate Chapter 11 Proceedings
November 17, 2017
NEW YORK--(BUSINESS WIRE)--Real Industry, Inc. (NASDAQ: RELY) (“Real Industry” or the “Company”) today announced that it has initiated restructuring efforts through the filing of a petition for voluntary Chapter 11 reorganization in the U.S. Bankruptcy Court for the District of Delaware. In conjunction, Real Alloy Holding,
Braskem Aims for ‘Green’ PET
November 17, 2017
Through a new partnership, the company seeks biobased production of a key raw material—MEG—in a cost-effective way. Having made some significant commercial strides with its Green PE, Brazil’s Braskem (U.S. Braskem America Inc., Philadelphia) is now focusing on biobased PET as evidenced by its newly-announced partnership with
KNe3G is the Latest Generation of Grinding Machine
November 17, 2017
Kapp Niles’s KNe3G has an integrated measuring system that allows various alignments, analysis, and correction possibilities. New Product Post: 11/17/2017 Edited by Bart Bishop Assistant Editor, Production Machining Kapp Niles’s KNe3G is the latest grinding machine generation for the company. According
Process Control Innovations Bring Manufacturing Solutions
November 17, 2017
Renishaw opened its doors for guests to explore its new North American headquarters in West Dundee, Illinois, revealing an array of innovative solutions for attaining true process control in manufacturing.Comments are reviewed by moderators before they appear to ensure they meet Moldmaking Technology’s submission guidelines.
Ecolab Announces Offer to Exchange Its Outstanding 5.500% Notes Due 2041 (CUSIP 278865 AM2) for up
November 17, 2017
ST. PAUL, Minn.--(BUSINESS WIRE)--Ecolab Inc. (“Ecolab”) (NYSE: ECL) today announced that it has commenced an offer (the “Exchange Offer”) to certain eligible holders to exchange its outstanding 5.500% Notes due 2041 (CUSIP 278865 AM2) (the “Old Notes”) for up to $375 million aggregate principal amount of its