News

Cinisello Balsamo, Italy – UCIMU-SISTEMI PER PRODURRE, the Italian machine tools, robots, and automation systems manufacturers’ association, UCIMU Foundation, and EFIM-ENTE FIERE ITALIANE MACCHINE, organizer of 34.BI-MU, with the support of Fiera Milano Foundation, present ROBOTGAMES. ROBOTGAMES is the new contest of robotics and automation, addressed to young students from scientific high schools, technical-technological institutes, and professional schools.

Tolland, US – Sandvik announces the signing of an agreement to acquire the American company, Cimquest, which will be part of Mastercam, the world’s #1 CAM software. Cimquest is a Mastercam Reseller located in New Jersey, United States.

Satara, India – Cooper Corporation Pvt Ltd, a leading engine, engine component and generator manufacturer, based in Satara, Maharashtra has announced the expansion of its manufacturing capabilities with the inauguration of two state-of-the-art units in Satara.

KAPP NILES GmbH & Co KG, the mechanical engineering company, has been working intensively on the topic of gears in e-mobility for over 10 years and has established itself as a pioneer in this rapidly growing industry.

Nibe Ltd, a key player in defence system manufacturing, inaugurated its advanced plant in Pune. The facility boasts state-of-the-art technology, including 16m and 12m Vertical Machining Centres (VMC), aimed at producing critical defence sub-systems

Ramkrishna Forgings Ltd, one of the leading suppliers of rolled, forged, and machined products, announced a significant milestone as it penetrates further into the North American market by successfully securing a contract worth US$ 220 million.

GrindingHub is set to open its doors for the second time to grinding experts from all over the world from May 14-17, 2024.

The total turnover of the Spanish machine tool sector (machine tools, components, and cutting tools) has reached its record in 2023 after exceeding € 2,000 million in a year that, although it started hesitantly, has shown great dynamism, growing by 17.1 percent over the figure for 2022. By subsectors, machinery grew by 21.5 percent, with forming showing a magnificent performance with an increase of 37.6 percent and reaching € 447 million; and metal cutting also growing with an increase of 15 percent and € 929 million.

The Eirich Group, with Maschinenfabrik Gustav Eirich GmbH & Co KG as its strategic center in Hardheim, Germany, has been a global leader in mixing and processing technology for over 160 years. The company announced the inauguration of its new state-of-art manufacturing plant in Chakan Industrial Area, Pune. The new facility, a strategic addition to Eirich’s global footprint, will focus on manufacturing intensive mixers, associated plant equipment, and control systems for both India and worldwide exports.

The German machine tool industry’s orders received in the fourth quarter of 2023 were 17 percent down on the previous year’s figure. Orders from Germany fell by 20 percent, whereas those from abroad dropped by 15 percent. Demand increased by 11 percent in nominal terms in 2023 as a whole. Domestic demand was down 14 percent, while foreign demand was 9 percent lower. In real terms, there was a 16 percent decline in demand over the year as a whole.