Business

Mitsubishi and Primetals to snatch ABP Induction Systems

August 2019 — Mitsubishi Heavy Industries and Primetals Technologies buy ABP Induction Systems. The seller is CM Acquisitions, a private equity company based in Chicago/USA. ABP builds plants for ferrous and non-ferrous metal casting, forging and steel...[read more]

Sharp decline in machine tool orders, but ...

August 2019 — ... metal forming technology still is selling well in the Eurozone. Orders for German forming machine tools builders in the second quarter 2019 were 1% up on the previous year’s figure. Domestic orders fell by 13%. Foreign orders, by contrast,...[read more]

Leoni to separate from Wire+Cable Solutions

August 2019 — Cable producer Leoni announces the intension to liquidate the Wire+Cable Solutions division - either via going public or divestiture, and possibly also through the sale of units. After a separation, the group would focus primarily on the development...[read more]

Kocks to deliver worldwide 100th RSB to China

August 2019 — Chinese Jiangsu Yonggang Group Co., Ltd. invests in the 5th generation of Kocks‘ Reducing+Sizing technology. For the German company this is the 100th reference for its Reducing and Sizing Blocks...[read more]

Giebel Kaltwalzwerk again trusts in Ebner annealing technology

August 2019 — Giebel Kaltwalzwerk GmbH – a specialist in cold rolling and strip processing – has placed an order with Austrian Ebner Industrieofenbau to expand an existing “Hicon/H2” bell annealer facility...[read more]

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Partner Links
  • ESF – European Spring Federation
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