| Diversified industrial manufacturer Eaton Corporation said it sold its Vehicle On-Board Radar (VORAD) system to Bendix Commercial Vehicle Systems LLC, which is based in Elyria, Ohio. Terms of the transaction were not disclosed. Read More |
| General Dynamics said it completed its acquisition of AxleTech International from The Carlyle Group, a Washington, D.C.-based private equity firm, in late December. The companies announced plans for the acquisition in November 2008. Terms of the transaction have not been disclosed. Read More |
| BorgWarner Inc. said it was notified of an unsolicited mini-tender offer by TRC Capital Corporation of Toronto, Canada, to purchase up to 2.5 million shares of BorgWarner's common stock, which represents approximately 2.16 percent of BorgWarner's outstanding shares. TRC's offer price of $20.00 per share represents a 4.21 percent discount to the closing price of BorgWarner's stock on December 18, 2008 ($20.88), the day prior to the date of the offer. Read More |
| Goodrich Corporation and Rolls-Royce Group plc said today they have completed the formation of a joint venture company to develop and supply engine controls for Rolls-Royce aero engines. The transaction closed on December 31, 2008. Read More |
| Lockheed Martin and the U.S. Coast Guard exercised contract options valued at $13.25 million to install mission systems aboard two additional HC-130J aircraft. Once delivered, these aircraft will complete the Coast Guard's planned inventory of six HC-130Js that will be ready to fly missions. Read More |
Now Available On Demand 5 Key Strategies For Reduced Cost and Increased Profitability
Striving to reduce costs and increase profitability while remaining competitive is no easy task.
Epicor Manufacturing talks about ways to plan, schedule, execute and monitor your manufacturing operations – from raw materials to final product – to develop your highest level of flexibility and agility, and to make your operations more competitive.
Sponsored by: EPICOR
Benchmarking at IMTS
American Machinist conducted its third annual Benchmark Survey of American Machine Shops between February and April of this year.
American Machinist, reviews the results of this third annual survey, and talks about what the data means and how shops can use the data to make plans for this year's IMTS.
Tool Shop Optimization: Concurrent Engineering for Today's Machine Shop
Applying concurrent engineering processes to design and manufacturing can help toolmakers increase productivity and shorten product delivery times—improving responsiveness to customers and your company's bottom-line results.
Sponsored by: Cimatron Group
| NOW AVAILABLE! 2008 Benchmarks for Machine Shops |
The only way to measure your performance against a national pool of peers and competitors
- Detailed data on nearly 100 different metrics.
- Covers human resources, operations, technology, customer service and finance.
- Includes a 12-point executive dashboard just for machine shops.
- Developing and executing new strategies
- Measurable process improvement
- Quality certification benchmarking
“Please, please, please keep producing this data...It will really help us get this country back to the top of world manufacturing....”
2008 American Machinist reader.
ONLY $59.95 plus tax and shipping & handling. ORDER YOURS TODAY!
| American Machinist Forums |
The American Machinist Forum is a place to share thoughts, ideas and best practices for machine shops.
The focus is on making machine shops competitive, efficient and flexible enough to compete in a global environment. You'll find discussion about manpower, use of automation and technology, creative uses of machine tools and a whole lot more.
New Machine Tool Theater
American Machinist's Machine Tool Theater. Watch videos about machining and machining equipment. You'll see faster, more precise machines; cutting tools to process virtually any material; finishing technologies; automation systems; quality instruments and manufacturing software. You'll see how to reduce cycle times and increase productivity. Watch Videos Now