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Algeria Invests $1.5 Billion to Revamp Railway Network
Algerian railways will soon get a makeover, with the government planning investments of $1.5 billion toward modernization and expansion of the rail network. Industrial Info Resources (Sugar Land, TX) reports that the railway planning agency, L'Agence Nationale d'Etudes et de…
PRESS BRAKES HELP MINIMIZE POWER CONSUMPTION
MC Machinery Systems, Inc. offers Toyokoki Press Brakes, designed to minimize power consumption when sitting idle. By using less power, Toyokoki helps fabricators combat increasing operation costs caused by rising electricity prices. Toyokoki offers energy savings in both its APB electric and HYB hybrid lines.
Dubai Multi Commodities Center Trading Hub Plans LNG and Oil Storage Facilities and Promotes Steel Industry
Dubai Multi Commodities Center (DMCC) (Dubai, United Arab Emirates), a state-owned enterprise, has unveiled plans to promote Dubai as the destination for commodity exchange. According to a report by Industrial Info Resources (Sugar Land, TX), the objective of DMCC, which…
Kardex Remstar International Group Acquires US Competitor Kardex Systems
Kardex AG has signed an asset purchase agreement to acquire the assets of US competitor Kardex Systems Inc., which had previously filed for Chapter 11 bankruptcy with a US court. Kardex Systems Inc. posted sales of approximately $21 million in…
Union Resources to Set Up 300,000 Ton, $1.2 Billion Zinc Plant in Iran
Union Resources Limited (ASX:UCL) (Queensland, Australia) has finalized an agreement with Mineral Products Procurement and Production Company (Tehran, Iran) to set up a zinc production unit near Mehdiabad in central Iran at a cost of $1.2 billion. Industrial Info Resources…
PRIMA North America, Inc. Announces Sale Of LASERDYNE® 795 System To IPG Photonics
PRIMA North America (Champlin, MN) has announced the sale of a LASERDYNE 795 XS to IPG Photonics Corporation of Oxford, MA. IPG Photonics is a leading developer and manufacturer of high-performance fiber lasers for industrial processing applications. The new LASERDYNE…
Wilson Tool Opens Argentina Office
On November 21, Wilson Tool (White Bear Lake, MN) launched Wilson Tool Argentina, S.R.L. in Buenos Aires. The new office will serve Wilson Tool customers in Argentina, Brazil and Chile. ?For nearly 15 years, Wilson Tool has served the Latin…
Hammersmith Adds New Waterjet Cutting Machine and CNC Lathe Machine Into Horton Facility
Hammersmith Mfg. & Sales Inc. (Horton, KS) has announced the addition of a new Flow International TITAN-HCW 4012 Ultra-High Pressure (UHP) waterjet cutting machine into its Holton, KS facility. The addition of the TITAN-HCW 4012 expands Hammersmith's capabilities in the…
OMAX® Corporation Selects New Distributor for Chip Market in the California Territory
OMAX Corporation (Kent, Washington) has announced the selection of Machinery Sales Co. as a new distributor for the company's industry-leading line of precision abrasive-jet waterjets. The California-based company specializes in providing expert solutions and strong application support for high precision,…
Hydro Aluminum North America Forms New Unit Focused on Solar Industry
Hydro?s Extrusion Americas Unit (Linthicum, MD) has created a dedicated business team to provide solar equipment makers and solar power-generation companies with expertise in the engineering and fabrication of extruded aluminum components for solar power generation. Because of its design…
Sandvik Decorex Wins the Materialica Design + Technology Award 2008
Sandvik Decorex? has won a highly coveted Materialica Design + Technology Award for 2008, presented at the Materialica Trade Fair in Munich, Germany, recently. The annual awards, which have been held since 2003, seek to outline the importance of materials…
NALCO Profits and Plans $8 Billion Expansion
National Aluminium Company Limited (Nalco, Bhubaneshwar, Orissa, India), a state-owned manufacturer of aluminum products, has plans to invest more than $8 billion on domestic and international projects over the next five years to position itself as a leading global player….
