Hot Off the Press
Machine-Tool Consumption off 24.4 Percent
Tuesday, July 22, 2003
AMT—The Association for Manufacturing Technology, and AMTDA, the American Machine Tool Distributors’ Association have released their joint statistical data for May 2003 that shows a 24.4 percent drop in machine-too consumption for the year, compared to the same period in 2002. “America’s investment in modern manufacturing equipment is at one of its lowest points in history,” stated Albert Moore, AMT president. By region, the Northeast is off 33 percent from 2002 figures; the Southern region shows an 8.3 percent drop; Midwest, off 22.9 percent; the Central region is down 25.6 percent; and the Western region is off 39.6 percent.
Metal Stamper Taps Chinese Market
Monday, July 21, 2003
Turning the tables on low-cost Chinese imports of ferrules, shells, eyelets and metal stampings, Peterson Manufacturing, Sarasota, FL, has found a to sell its stampings into the Chinese markets. Peterson has partnered with MMC International, Glendale, CO, a manufacturer’s representative firm with an office in Singapore and contacts throughout Asia. The alliance enables Peterson to establish accounts in China for its deep-drawn parts. Peterson can compete by eliminating secondary operations as it can incorporate drawing, flanging, piercing, notching, dimpling, threading, necking, slotting, lancing, curling and lettering into the press process. It eyes Chinese markets for its transfer-press technology in the areas of home and small appliances, gauges, sensors and controls, valves, plumbing accessories, hose assemblies, locks, water sprinklers and hand tools. The firm is online at www.eyeletsandferrules.com
New Beckwood Press Application
Integrates Multi-Stage Tooling
Friday, July 18, 2003
Beckwood Press Co., Fenton, MO, has recently integrated a multiple-stage tooling application for a deep-draw stamper that resulted in a 38-percent cost reduction from a traditional system. The Beckwood solution reduced a three-to-four-stage tooling design into two stages. It constructed a 200-ton hydraulic press for a manufacturer of skylights. Learn more at www.beckwoodpress.com
(type 186 on the site’s search engine).