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Hot Off the Press
Gosiger Opens California Office
Thursday, June 12, 2003
Resulting from its recent purchase of Joachim Machinery West LLC and parent company Joachim Machinery, Indianapolis, IN, Gosiger, Dayton, OH, has opened Gosiger West, which includes two California product and service locations. Located in Torrance and Livermore, CA, Gosiger West will represent Okuma machine-tool products and services in California and parts of Nevada. It also will sell and service other product lines such as Chiron vertical machining centers, Wasino high-production lathes and Rollmatic CNC tool and cutter grinders. Managing Gosiger West is Jim Reynolds with Andy Dukes as director of sales.
For more, visit www.gosiger.com
CAD/CAM Buyout--Planit Holdings
Acquires Radan Group
Wednesday, June 11, 2003
Planit Holdings plc, an international company specializing in development and distribution of CAD/CAM applications, has acquired the Radan Group, a supplier of CAD/CAM software to the sheetmetal engineering industry.
“The acquisition will allow us to extend our operations in the mechanical-engineering sector,” says Trevor Semadeni, Planit chief executive officer. “The integration of Radan distributors into Planit’s extensive distribution channels in Europe and the Far East also will provide an excellent base for the distribution of the group’s products.”
Radan software includes the 3D sheetmetal design system, which automatically unfolds parts for downstream processing with company offerings such as Radpunch, Radprofile and RadbendCNC.
The financial backing provided through the acquisition “will enable us to fund further research and development and bring new products to market faster,” says Chris Billet, U.S. general manager of sales for Radan.
For more, visit www.radancim.com
Fastems Opens North American Office in Dayton
Wednesday, June 11, 2003
Fastems, a European supplier of factory-automation systems, has opened its North American sales, service and distribution center, Fastems USA, in Dayton, OH. Mark Walker serves as president of the new center, which offers Fastems’ Flexible Manufacturing System (FMS). FMS is used to improve spindle utilization of machining centers and is compatible with a variety of machine tools and machine-tool controls.
Fastems is headquartered in Tampere, Finland.