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Roll-Kraft Brings Ardcor into Fold

Wednesday, April 03, 2002
 
Roll-Kraft has merged Ardcor into Roll-Kraft’s Mentor, OH, headquarters facility. The recent acquisition of Ardcor has increased Roll-Kraft’s capability to meet demands of the tube-and-pipe and rollforming industry, according to company officials. For more, visit www.roll-kraft.com.

Machine-Tool Consumption Off in January

Tuesday, April 02, 2002
 
U.S. Machine-tool consumption in January 2002 slipped 40 percent from January 2001 levels and dropped 7.8 percent as compared to December 2001, according to AMT--The Association for Manufacturing Technology, and the American Machine Tool Distributors’ Association. Against that backdrop, the associations praise recent federal legislation that may help turn those numbers around. “Our representatives in Washington clearly recognize that there are serious problems facing the nation’s capital-equipment manufacturers,” said Don F. Carlson, AMT president. “The expensing of 30 percent of equipment purchases contained in the newly passed economic stimulus package shows that. It provides the engine that will drive the investment that will pull our economy out of recession while providing long-term increases in productivity.”

Stampers Still Treading, PMA Survey Shows

Tuesday, April 02, 2002
 
Net orders booked by metal stampers increased nine percent as compared to February 2001 while dropping 11 percent as compared to January 2002, according to a monthly survey conducted by the Precision Metalforming Association (PMA), Independence, OH. Stampers surveyed experienced a drop in net shipments of three percent in February as compared to February 2001 and a drop of two percent as compared to January 2002. Backlog for February remained unchanged from January levels but posted a 20 percent decrease as compared to February 2001.

 

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