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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..

Arburg expects to finish year with 'good levels' of growth Aeyoung Park    |    2018/10/29
Arburg GmbH + Co. KG is anticipating another increase in overall sales for 2018 despite any whispers or worries of uncertainty caused by economic disruptions in relation to tariffs and trade agreements, leadership said during an Oct. 16 news conference at Fakuma.The Lossburg, Germany-based injection molding machinery maker is continuing to see "high growth" companywide with 3,000 employees globall..

Evonik sees growth for nylon 12 materials Aeyoung Park    |    2018/10/29
Evonik Industries AG is progressing well with its 400 million euro ($460 million) plans to expand production of nylon 12 at its manufacturing site in Marl, Germany, with production scheduled in just over two years."We have asked engineering companies for bids now, and the plan is to start up the plant at the beginning of 2021," Ralf Duessel, general manager high-performance polymers, said in an in..

KraussMaffei sees slight growth as it navigates digital direction Aeyoung Park    |    2018/10/29
Munich's KraussMaffei Group GmbH expects a strong finish to 2018 despite slower growth in recent months, CEO Frank Stieler said Oct. 17 at the German machinery maker's Fakuma news conference.As of September, sales for 2018 are 973 million euros ($1.12 billion), marking an increase of 15 million euros ($17.3 million) or 1.6 percent over last year during the same period. Incoming orders in the first..

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