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Automotive Slump Dragging Down Robot Orders

Thursday, December 07, 2006
 
Through the first nine months of 2006, new orders received by North American-based robotics companies were off 36 percent compared to year-earlier orders, although non-automotive orders were off only 3 percent, according to the Robotic Industries Association, Ann Arbor, MI. Orders from the automotive sector were down 49 percent. Material handling accounts for the largest share, 41 percent, of robot applications, followed closely by welding, 39 percent.

Configure and Order Custom Die Components Online

Thursday, December 07, 2006
 
Misumi USA, Schaumburg, IL, has upgraded its website, www.misumiusa.com, to offer design engineers instant price and availability for its components, thanks to the Misumi CAD Configuration. The online catalog includes more than 200,000 components that can be configured and custom-machined to unique specifications. Users receive immediate price and shipping information, and can track RFQs and orders online. Parts can be sourced using a category search of more than 30 categories of parts, or users can search by application and view parts categorized by application families, such as rotary-motion components or locating components. Misumi supplies custom components for assembly automation as well die components such as punches, guides and springs.

Dana Finds a Buyer for Engine-Parts Business

Wednesday, December 06, 2006
 
The Mahle Group, headquartered in Stuttgart, Germany, has entered into a stock and asset purchase agreement with Dana Corp. for the acquisition of Dana’s engine hard parts business. The agreement includes the acquisition of all worldwide units of Dana’s engine hard parts business by Mahle, including the Clevite aftermarket organization. In connection with the transaction, the parties will enter into ancillary agreements including an agreement granting Mahle exclusive distribution rights to Dana’s retained Victor Reinz branded products in the independent aftermarket in the United States and Canada. As a standard part of the bankruptcy process, Dana will allow other parties to make competitive bids for the engine hard parts business and there may be an auction at which Dana, Mahle and any other bidders will participate. Says Prof. Dr. Heinz K. Junker, Mahle CEO: “The acquisition would complement our worldwide market position particularly in the areas of piston rings and engine bearings, as well as in the aftermarket for engine parts.”

 

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