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Hot Off the Press
PMA Members Staying Front and Center
in Congress over Steel
Tuesday, May 24, 2005
Last Thursday, May 19, several members of the Precision Metalforming Association, Independence, OH, met with members of Congress to ask for help in ending unnecessary trade protection for the steel industry. The representatives of steel-consuming companies asked for the end of import duties on nearly 200 steel products that are contributing to severe supply problems and high prices. PMA members offered numerous potential policy solutions, including granting steel consumers “Interested Party” status during antidumping and countervailing duty proceedings. Also, PMA president William E. Gaskin stressed the importance of repealing the Byrd Amendment, which distributes money collected from the duties directly to the companies that petitioned for them.
Learn more about PMA’s Washington-related activities at www.metalformingadvocate.org
Machine-Tools Acquisition in South Korea
Monday, May 23, 2005
The Doosan Group of South Korea has acquired the management of Daewoo Heavy Industries and Machinery (DHIM) from Korea Asset Management Corp. The acquisition includes the DHIM Machine Tool, Construction and Defense divisions. DHIM will now be called Doosan Infracore Co., Ltd. As a result, two machine-tool companies, the other being Doosan Mecatec, will carry the same Doosan logo.
“The two companies will operate independently,” says Young Park, president of Doosan Machinery America, Inc. (DMA), Sterling Heights, MI, the Doosan representative in the United States. “DMA will reinforce its sales activity through its existing distributor network in North America.”
DMA offers a range of CNC vertical and horizontal lathes and horizontal and vertical machining centers.
Robotic-Systems Integrator gets New Digs
Monday, May 23, 2005
Automated Concepts Inc., has moved into a new 65,000-sq.-ft. facility in Council Bluffs, IA. The facility provides 60 percent more space for the company to design, manufacture and program turnkey robotic applications. The roomier location also enabled the company to reconfigure the manufacturing floor plan for more efficient workflow.
For more, visit www.automatedconcepts.com