Difficult general conditions, rapidly rising food and fuel prices, as well as the ongoing coronavirus pandemic and related regional lockdowns weighed on economic development and slowed economic growth in the past business year. Nevertheless, Liebherr’s total revenue increased significantly compared to the previous year. The group achieved increased revenue in 10 of its 13 product segments, some of them significant. It thus surpassed its previous record from 2021 by €950 million.
The American Gear Manufacturers Association (AGMA) has changed its board of directors. These changes took place at the 2023 AGMA Annual Meeting in Lake Buena Vista, Fla.
TIMTOS 2023 concluded successfully today, attracting over 45,000 on-site visitors from home and abroad, including nearly 6,000 international visitors from more than 100 countries. Among them, delegations were from Turkey, Vietnam, Indonesia, Spain, and Algeria. The top five countries with the highest turnout were Japan, Malaysia, India, South Korea, and Thailand. The online exhibition will continue to run until April 6 and has already reached 7,000 visitors from nearly 15 countries.
Two Forest City Gear employees, CNC Supervisor Mike Miller and CNC Lead/Programmer Josh Gates, recently attended a four-day training retreat in Pfronten, Germany hosted by DMG MORI. The event featured various seminars and opportunities for guests to experience firsthand DMG’s newest equipment and technologies, as well as networking and a taste of German culture.
TN Vaerktoejsslibning, Denmark’s second-largest precision tooling company, is deploying Numroto, the programming system for tool grinding from NUM across its entire production floor. The company cites highly successful long-term experience of the software, together with excellent technical support from NUM, as the key reasons for choosing to standardize on Numroto.
What started as a small workshop in Antwerp in 1923 has developed into a world-leading industrial gear unit manufacturer. For 100 years, Hansen Industrial Transmissions NV (HIT) has operated at the forefront of power transmission technology and shaped the industry with its industrial gearbox solutions. Since 2011, the company, headquartered at a state-of-the-art facility in Edegem with 260 employees, has been part of Sumitomo Drive Technologies. HIT supplies industrial gearboxes to a wide range of industries such as extraction material handling, energy, environment, and specialist applications in key industries.
Hear from Sandvik Coromant’s president this International Women’s Day
March 8, 2023
This year’s International Women’s Day (IWD) follows the theme of “embracing equity”—focusing on giving fair opportunities for everyone to succeed. As a business invested in its people, metal-cutting leader Sandvik Coromant highlights the experience of its president, Helen Blomqvist.
New machining method opens up for turning several complex features with one tool
March 8, 2023
Sandvik Coromant, a cutting tool and tooling system specialist, has introduced a new method for turning complicated shapes and pockets with a single tool. Y-axis turning offers benefits such as reduced cycle time, improved component surface quality and more stable machining.
Forest City Gear, an industry-leading manufacturer of fine and medium pitch custom gears, is proud to announce the promotion of Zac Denny to Setup Technician. In this role, he will oversee setup and operation of the MZ130 and Koepfer 153 machines.