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Hot Off the Press


Helicopter-Engine Maker Orders
Third Six-Axis Laser System

Friday, June 3, 2011
The Turbomeca facility in Tarnos, France, has ordered a six-axis laser-processing system from Prima Power Laserdyne, Champlin, MN. The Laserdyne 795XS system is Turbomeca’s third Laserdyne unit, and boasts a work envelope measuring 1 by 1 by 1 m. Also included: a 320-mm-dia. rotary worktable and a PC-based CNC. More at Learn about Turbomeca at

Turned A by its Lender, Metalformer
Finds a New Funding Source

Tuesday, May 31, 2011
Thiel Tool & Engineering, a woman-owned metalforming company in St. Louis, MO, received $3.2 million in financing as part of the New Markets Tax Credit (NMTC) program. The federal program is designed to “spur new or increased investments into operating businesses and real estate projects located in low-income communities.” Thiel received the financing from BizCapital, the business-lending division of Advantage Capital Partners, after having been turned a by its existing lender. The metalformer recently completed a 30,000-sq.-ft. addition to its 70,000-sq.-ft. plant. It employs 50 people, and serves the automotive, transportation and construction markets; Learn more about the NMTC program, set to expire in 2011, here.

Mazak Optonics Adds Denver Distributor

Friday, May 27, 2011
Laser-cutting-system manufacturer Mazak Optonics, Elgin, IL, added Action Machinery Intl., Denver, CO, to its legion of distributors. Action Machinery supplies metal-fabricating equipment and machine tools in the Rocky Mountain region and throughout northern California. It operates a 10,000-sq.-ft. technology center equipped with new and used machinery; Check out Mazak Optonics online at


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