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LVD Forms Chinese JV Company

Thursday, April 02, 2009
 
Belgian sheetmetal-fabricating-equipment manufacturer LVD Co. n.v. and Hubei Tri-Ring Metalforming Equipment Co., Ltd. (HD) have formed a joint venture company in Huangshi City in China’s Hubei Province. The company will produce LVD’s line of turret punch presses, laser-cutting machines and CNC press brakes, as well as HD’s machinery, for the Chinese and export markets. HD is a long-time licensee of LVD, has manufactured and sold LVD press brakes and shears since 1981, and has sold LVD’s Strippit CNC turret punch presses since 2000. It is owned by Tri-Ring Group Co., a large state-owned enterprise and one of the 520 key enterprises in China; www.triring.cn/en/main.shtm. LVD is online at www.lvdgroup.com.


Questions about Vanadium Steels?
New Website has the Answers

Thursday, April 02, 2009
 
To promote increased awareness, visibility and understanding of high-strength low-alloy steels microalloyed with vanadium (HSLA-V), the Vanadium Technology Partnership, a consortium of vanadium producers and researchers, has launched www.hsla-v.org. The website is aimed at users of traditional steels as well as vanadium steels, referencing case studies and including a search tool that helps visitors select a steel supplier and the appropriate product and grade.

Performance-Based Tax Credits, Training Grants
Fuel Metal Spinner’s Expansion Plans

Wednesday, April 01, 2009
 
KIHM Metal Technologies, Inc., Brazil, IN, announced plans to invest more than $530,000 to expand its manufacturing operations, upgrade equipment and add new production shifts through the expansion efforts. One reason for the expansion: to help prepare the firm to take on a new project to manufacture “fire bottles,” part of a fire-suppressant system for aircraft crews. Company co-owner Bill Kaupp expects the project to result in the hiring of another 40 to 50 employees over the next few years. To support KIHM’s expansion efforts, the Indiana Economic Development Corporation offered the firm up to $350,000 in performance-based tax credits and $39,500 in training grants, based on its job-creation plans. Learn more about KIHM’s capabilities—metal spinning, laser cutting and welding, and more—at www.kihmmetaltech.com.

 

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