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Hot Off the Press


Schmidt Feintechnik Becomes Schmidt Technology

Wednesday, March 31, 2004
Schmidt Technology Corp. is the new name for what had been Schmidt Feintechnik GmbH, a Germany-based manufacturer of hand-operated, air and electric-motor-powered presses. The North American headquarters remains in Cranberry Township, PA. At this location are the company’s administrative, engineering and sales departments as well as the toolroom, custom automated machine assembly department and warehousing facilities. For more, visit

Metal Improvement Co. Opens
UK Laser-Peening Facility

Wednesday, March 31, 2004
Metal Improvement Co. (MIC), Paramus, NJ, has opened a laser-peening facility in the United Kingdom. This is the company’s second facility dedicated to laser peening--it operates more 30 shot-peening facilities in the United States, Canada, United Kingdom, France, Germany, Belgium and Sweden. MIC applies laser peening to turbine-engine components, with projected applications in industries providing automotive components, medical implants, nuclear power generation and petrochemicals. For more on the companies capabilities and locations, visit

Suspension-Components Plant Slated for North Carolina

Tuesday, March 30, 2004
ZF AG has announced plans to construct a suspension-components manufacturing plant in Newton, NC. The $30-million 150,000-sq.-ft. plant is expected to open in spring 2005 and employ about 200 people. “This new facility is a key part of our suspension-components strategy in North America,” says Jim Stacey, president and COO of ZF Lemforder Corp. Car Chassis Technology Division. The company also is expanding facilities in Tuscaloosa, AL, and Guadalajara, Mexico, as well as its technical center in Northville, MI.


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