Business & people
Preparing for future mobility means staying 'ahead' of the challenges Editor    |    2019/02/16
Preparing for future mobility means staying 'ahead' of the challengesMichael A. MarcotteEugenio Toccalino, global marketing director of transportation and advanced polymers at DowDuPont Inc. speaks at the Jan. 15 Plastics and Rubber in Automotive conference.Novi, Mich. — If there is one aspect of the automotive industry that is consistent, it is that "change is unavoidable."That's what..


South Korean battery maker investing $1.6B in Georgia production Editor    |    2018/12/25
South Korean battery maker investing $1.6B in Georgia productionSK Innovation Co.With demand for lithium ion batteries expected to skyrocket, SK Innovation Co. has opened a factory in Hungary, shown, and plans to begin construction next year on a plant in Georgia.Anticipated future demand for electrified vehicle batteries is leading to a $1.67 billion factory project in northern Georgia.South Kore..


DJA now distributing LS Mtron presses from Korea in US Editor    |    2018/12/25
DJA now distributing LS Mtron presses from Korea in USDaiichi Jitsugyo AmericaPeter Gardner, vice president of sales and general manager for DJA's plastics machinery division, left, and Howard Chung, LS Mtron's general manager of overseas sales.Orlando, Fla. — Daiichi Jitsugyo America, the U.S. distributor of Niigata injection presses, is now distributing injection molding machines from..


BASF invests in Chinese 3D printing start-up Aeyoung Park    |    2018/11/07
▲ BASF SE marks its investment in Prismlab.BASF SE has advanced its 3D printing ambitions with a recent investment in the Chinese 3D printing company Prismlab.The investment was made through BASF's investment arm, BASF Venture Capital GmbH, along with co-investor Sabic Venture, a part of Saudi Arabia Basic Industries Corp., a company spokeswoman told PNE on 6 Nov.The spokeswoman, however, de..


Engel holds steady despite global economic uncertainties Aeyoung Park    |    2018/11/07
▲ The new Engel e-motion 120 at Fakuma 2018. (ⓒCaroline Seidel)Despite a slowdown in North America amid trade uncertainty, Engel Holding GmbH expects global sales to reach around 1.6 billion euros ($1.85 billion) for fiscal year 2018-19, marking a 6 percent increase in earnings over last year.Global sales for the 2017-18 fiscal year ending March 31 were 1.51 billion euros ($1.74 billion), up 11..


Victrex preparing for Brexit Aeyoung Park    |    2018/11/07
▲ An Aprtiv film e-motor insulation from Victrex at Fakuma 2018. (ⓒCaroline Seidel)As the only maker of polyetherethe ketone in Europe, Victrex plc is closely following Brexit, the United Kingdom's departure from the European Union set for March 29.The Lancashire, England-based specialty chemical company has set up a Brexit steering team to assess all the risks and opportunities associated with..


Anderson Technologies invests $2.5M in Industry 4.0 관리자    |    2018/11/07
▲ Anderson Technologies added an Engel Victory 180, Engel Duo 500 and Engel Duo 720 in Grand Haven, Mich. (ⓒAnderson Technologies Inc.)Injection molder Anderson Technologies Inc. has invested $2.5 million in capital equipment and processing improvements at its facilities in Grand Haven, Mich., and Batesville, Miss.The 80,000-square-foot Grand Haven headquarters site, which employs 90, got an Eng..


Hahn Group buys cobot technology from shuttered Rethink Robotics Aeyoung Park    |    2018/11/01
German automation supplier Hahn Group GmbH has acquired the technology of Rethink Robotics Inc., the Boston maker of Sawyer collaborative robots that shut down Oct. 3.The announcement did not specify who will manufacture the expressive-faced "cobots," but Hahn Group officials said the deal will focus on the single-armed Sawyer robots. There are no plans to continue producing Baxter, a two-armed ro..


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