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Automobile Equipment Manufacturer ArvinMeritor to Sell Light Vehicles Segment
ArvinMeritor (Troy, MI), a global automobile equipment manufacturer, announced its fourth quarter and fiscal year 2008 earnings on November 18. The company's sales were up somewhat, rising from $1.59 billion in 4Q07 to $1.72 billion in 4Q08. For the year,…
SELF-CLINCHING FASTENERS INCORPORATE UNIQUE NYLON LOCKING ELEMENT
PEMHEX® self-clinching fasteners incorporate a unique hexagonal nylon element providing a reusable, non-metallic prevailing torque thread lock. These self-locking fasteners can be installed permanently in steel or aluminum sheets as thin as .060 in/1.52 mm and their locking performance meets the applicable standards of NASM25027.
Industries Slash Production and Defer Projects as India Combats Economic Recession
PTC India Limited (New Delhi) reports that the worldwide economic crisis might delay projects for which the firm has entered into power-purchase agreements. The firm also clarified that in-house projects are not affected by the global financial crisis and the…
Datron Selects High Performance Machinery, LLC as New England Representative
High Performance Machinery, LLC (Orange, MA) has been named New England representative for Datron Dynamics, Inc. Datron manufactures high speed, high precision CNC drilling, engraving, and routing machines; and 3, 4, and 5-axis machining centers. High Performance Machinery is an…
Godawari Power Trims Steel Billet Production by 80 percent to Sell Surplus Power in Open Market
In a bid to insulate its bottom line from the prevalent economic crisis, steel-billet manufacturer Godawari Power and Ispat Limited (Raipur, Chhattisgarh, India) has decided to cut production by 80 percent and sell the power saved in the open market,…
Woodward Governor Company's Net Income Up 21 percent for 2008
Woodward Governor Company (Fort Collins, CO), a global manufacturer of optimization solutions and components of aircraft, industrial engines and turbines, released the company's fourth-quarter and fiscal-year earnings for 2008. While much of the industrial manufacturing industry has seen hard times…
Softening Steel Demand Could Force JFE to Cancel $5 Billion Steel Complex in Vietnam
JFE Steel Corporation, a subsidiary of JFE Holdings Incorporated (Chiyoda, Tokyo) and the world's third largest steel manufacturer, announced plans this month to establish a 6 million- to 10 million-ton steel complex in the Dung Quat Economic Zone in Vietnam's…
BCN Technical Services Expands Press Rebuild Capabilities with 13,000 Square Foot Addition
BCN Technical Services (Hastings, MI) has announced completion of a 13,000-square-foot addition to its Hastings, MI facility specifically designed for the refurbishment and assembly of small to medium-size mechanical and hydraulic metalforming presses. The expansion, which includes a 15-ton overhead…
New Zero-Landfill Option For Disposal of Used Industrial Wipers
Kimberly-Clark Professional (Roswell, GA) has launched a partnership with Safety-Kleen to provide its customers with safe disposal options for used WypAll wipers, including a zero-landfill, waste-to-energy option. As part of this program, customers can have their used wipers delivered to…
Kleentek Hires Eric Levitt as Sales Engineer
Kleentek (Cincinnati, OH) has announced the appointment of Eric Levitt to sales engineer. Levitt is responsible for the sales of Kleentek?s full line of electrostatic oil conditioning systems in Tennessee, North Carolina, South Carolina, Florida and Georgia. Levitt brings valuable…
Timken Company Completes $60 Million Expansion Project
The Timken Company (Canton, OH) has opened a new $60 million small-bar rolling mill, reports Industrial Info Resources (Sugar Land, TX). Timken's Harrison Steel Plant in Canton, OH, was chosen as the location for this expansion. Timken joined forces with…
Bryant Grinder Celebrates 100 Years of Grinding ' 1909 to 2009
Bryant Grinder (Springfield, VT), a division of Vermont Machine Tool Corporation, is celebrating 100 years in business in 2009, making it one of the oldest surviving machine tool companies in the United States. ?The really exciting thing about Bryant is…