GE to buy additive manufacturing companies Arcam and SLM
Digital industrial company GE (Boston, MA) plans to acquire additive manufacturing equipment suppliers Arcam (Mölndal, Sweden) and SLM Solutions Group (Lübeck, Germany) for $1.4 billion. Both companies will report to David Joyce, president…
Jagmohan reaches 3000 litre blow moulding machine
Jagmohan has become the first company in in the whole of Asia to manufacture and export 3,000 litre blow moulding machines for HDPE water tanks. The company is one of India’s largest blow…
Q1 2016: German machine tool industry rises thanks to exports
In the first quarter of 2016, order bookings in the German rose by an impressive eight per cent compared to the first quarter of 2015. While domestic order bookings stagnated, orders from abroad…
METAV 2016 to boost tool and mould construction business
The Spagnish machine tool manufacturer MTE is a long-standing METAV regular. The German subsidiary is lead by Gunther Borbonus. In 20 years, the company has sold 1,100 large milling machines all over the world,…
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