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Finn-Power Acquired by Italy's Prima Industrie

Friday, February 08, 2008
 
The board of directors of Prima Industrie S.p.A., Collegno, Italy, has agreed to acquire Finnish company Finn-Power, a manufacturer of sheetmetal-fabricating equipment. Prima manufactures 2- and 3-D laser-cutting machines. Finn-Power has headquarters in Kauhava, Finland, manufacturing facilities in Finland and Italy, and subsidiaries in Italy, Germany, France, Belgium, Spain, the United States and Canada. It manufactures punch presses, integrated punching and shearing cells and punch-laser cells, automatic bending cells, laser-cutting machines and related material-handling equipment. Learn more at www.primaindustrie.com and www.finn-power.com.
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De-Sta-Co Acquires Manufacturer
of Motion-Control Products

Friday, February 08, 2008
 
De-Sta-Co, Auburn Hills, MI, a manufacturer of robotic tooling, workholding and industrial-automation products, has acquired Industrial Motion Control, LLC (IMC), Wheeling, IL. IMC manufactures Camco and Ferguson mechanical motion-control products, specializing in cam-actuated index drives, part handlers, inline conveyors and custom cams. Learn more at www.destaco.com.
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New Mazak HQ to be a Showcase for Laser Cutting

Thursday, February 07, 2008
 
Mazak Optonics Corp., Schaumburg, IL, has begun construction on its new $10-million North American headquarters complex in Elgin, IL, and plans to open the 50,000-sq.-ft. facility by year end. The Elgin complex, a compliment to the firm’s new 100,000-sq.-ft. manufacturing plant under construction in Minokamo, Japan, will include 20,000 sq. ft. dedicated to administrative offices and training space. A 25,000-sq.-ft. showroom, with a 37-ft. ceiling and 20-ton crane, will be able to house as many as 18 laser-cutting machines for demonstration and training. The last 5000 sq. ft. goes towards a parts-distribution center, and will house a parts inventory of $4 million. Already being considered is an expansion to the complex to house machine rebuilding and refurbishing operations and a 100-person-capacity auditorium. Learn more at www.mazakoptonics.com.
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