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Machine-Tool Sales Surging

Tuesday, August 24, 2004
 
June U.S. machine-tool consumption totaled $236.93 million, according to AMT—The Association for Manufacturing Technology and AMTDA, the American Machine Tool Distributors’ Association, a 19.5 percent bump from May sales. With a first-half total of $1,249.68 million, 2004 sales are up 31.9 percent over 2003 sales. Learn more at www.amtonline.org.
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Stampers Unite to Serve Chinese Market

Monday, August 23, 2004
 
Interplex Industries, Flushing, NY, and Stewart EFI, Thomaston, CT, have developed a joint venture to offer deep-draw as well as staked and welded wire-assembly manufacturing services in China. Interplex provides precision metal stampings and plated and plastic molded components and assemblies; Stewart EFI is a contract manufacturer of precision deep-drawn, stamped and assembled components. The joint venture company will operate from Hangzhou, China.
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Hydraulic Presses from PH Back on the Market

Monday, August 23, 2004
 
Aztec Partners, which purchased the product line of PH Hydraulics in November 2003, has formed a new company, Phoenix Hydraulic Presses, Hilliard, OH, to manufacture and sell the presses. Phoenix has retained most of the key PH employees, it says, and can provide parts and service to metalformers operating PH Hydraulics presses. The firm is online at www.phoenixhydraulic.com.
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