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Modern Machine Shop News
Buffet Considers Japanese Investment
Billionaire investor Warrant Buffet, chairman and CEO of Berkshire Hathaway, recently said he is on the lookout for a “big investment” in Japan, although he stopped short of confirming concrete plans. Mr.
Read MoreEvent Exposes Students to Manufacturing Careers
To mark the occasion of its 25th anniversary, dgs Marketing Engineers hosted a mid-November educational event that exposed 25 Indianapolis-area high school students—one for each year the manufacturing-industry communications agency has been in business—to potentially lucrative manufacturing careers. Titled “Connect with Manufacturing,” the event took place at Shelton Machinery, a Mazak distributor in Fishers, Indiana.
Read MoreNew Leadership at European Machine Tool Association
CECIMO, the European machine tool association, elected Martin Kapp as its new president at its recent Fall General Assembly, which met in Zurich, Switzerland in November. Mr.
Read MoreTechni, ANCA Announce Partnership
ANCA Group (Wixom, Michigan), a supplier of CNC systems and grinding machines, has announced that it will take a 25-percent equity share in waterjet manufacturer Techni Waterjet (Lenexa, Kansas) during the next two years with options to develop a closer partnership in the future. According to both companies, the partnership is an obvious one given their long-standing relationship, which included the joint development of the core software for Techni’s Quantum electric servo pump (ESP) and PAC-60 bevel cutting head.
Read More3D Systems Acquires Z Corp, Vidar
3D Systems Corporation (Rock Hill, South Carolina) has agreed to purchase Z Corporation (Burlington, Massachusetts) and Vidar Systems (Herndon, Virginia) from Ratos AB, a Swedish private equity company.
Read MoreTechnical Event to Highlight Technology, Skills Development
A December 14 open house at cutting tool supplier Sandvik Coromant’s Fair Lawn, New Jersey technical center will focus on developing workforce skills and improving productivity. The full-day event will feature a keynote presentation from Peter Borden, president of the American Machine Tool Distributors’ Association (AMTDA), about the current state of U.S. manufacturing and the shortage of skilled labor facing the industry.
Read More“Slugger” Brand Encompasses Fein, Jancy Drill Lines
Fein Power Tools (Pittsburgh, Pennsylvania) has announced that it will market its entire lineup of magnetic drills and cutters under the brand name Slugger, a decision made after the recent acquisition of the brand’s original developer, Jancy Engineering.
Read MoreComplete 3D Printing Packages Available for Lease
Stratasys says a new leasing program will provide designers, engineers, teachers and others with everything needed to print 3D models for a monthly price that is lower than the average cost of a single outsourced model.
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