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Hot Off the Press


Coil Processing Seminar Headed to Queretaro

Tuesday, March 29, 2011
Red Bud Industries, Red Bud, IL, will host a coil-processing seminar at the Hotel Mission Queretaro Juriquilla on May 17, 2011. Attendees will learn about blanking and multiblanking, leveling, slitting and the EPS process for hot-roll black material. For more information, call 618/282-3801.

Bunting Launches Attractive Website

Tuesday, March 29, 2011
Bunting Magnetics, Newton, KS, has launched a new website flush with features designed to make magnet purchases quick and simple. offers live order status and instant updates on available inventory, as well as an expanded line of magnetic products for metalformers. Visit the site to spec and order permanent magnets and holding assembles in hundreds of shapes and sizes, as well as magnetic tools for workholding, lifting and plant maintenance.

Japan’s Impact on Automotive OEMs:
Ford OK, GM Not so Much

Friday, March 25, 2011
We spotted a couple of articles on the Internet offering different perspectives—short- and long-term--on how the crisis in Japan is impacting the automotive industry. Looking short-term, Ford is identified as the U.S. vehicle manufacturer that would see the least impact of any quake-related supply disruptions. Toyota, Nissan and Honda all “sustained heavy damage to their car and parts manufacturing plants,” the article says, adding that “General Motors expects supply-channel disruptions and that Toyota has warned that all 13 of its North American plants may soon run short of critical parts.”
Long-term, because Chinese factories operated by Honda, Nissan and Toyota all source 30 to 40 percent of their parts from suppliers in Japan, those companies are rethinking their sourcing strategies. A second article says that while those companies “were not motivated to localize production of key components in China,…the quake may change that if they face rising difficulties in supplying their China assemblers.” The article notes that the Japanese big three account for 23 percent of the Chinese market, and each has announced expansion strategies. Nissan, for one, aims to double capacity in China in 2012 and boost market share from 6 to 10 percent. And, Toyota expects to open a new auto plant in China by year-end.


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