Hot Off the Press
Northern Industries to Retrofit Cut-To-Length Line
Wednesday, November 10, 2004
Steel service center Northern Industries, Crestwood, IL, has chosen Red Bud Industries, Red Bud, IL, to retrofit a Northern cut-to-length line.
Red Bud will incorporate its heavy-gauge hydraulic grip-feed system and variable rake shear into the line, allowing Northern to supply closer length and squareness tolerances on hot-rolled product in thicknesses to 0.312 in.
Stamper Interplex Opens North China Facility
Tuesday, November 09, 2004
Interplex Industries, a Flushing, NY-based supplier of metal stamped, plated and plastic-molded components and assemblies, has opened a facility in the North China city of Dalian. The 20,000-sq.-m. facility, Interplex Electronic (Dalian) Co., Ltd., features 5000 sq. m. of manufacturing space and will produce tooling and offer stamping and heattreating services to electronic, automotive and communication industries. Near term the company plans to offer electroplating, injection molding and assembly.
For more, visit www.interplex.com
Slight Uptick in TMA Business-Trends Survey
Monday, November 08, 2004
The October 2004 Business Trends Report, conducted by the Tooling & Manufacturing Association, shows that 88 percent of member companies rated business conditions on October 1 as fair, good or very good. A majority of respondents saw quoting and employment remaining steady in 3Q, with average toolroom work weeks increasing 1.5 hours to 47.5. Order backlog increased for 31 percent of respondents, remained the same for 35 percent and declined for 34 percent. Toolroom employment increased 1 percent, according to TMA, while production employment increased 1.7 percent.
Industry groups covered in the survey include tool and die, precision and specialized machining, stamping and fabrication, molds and die-cast dies, and plastic molding.