Hot Off the Press
Trumpf Forms Laser-Diode Company
Thursday, August 08, 2002
The Trumpf Group has established Trumpf Photonics Inc., located just outside Princeton, NJ. The subsidiary is dedicated to the development and manufacture of high-power laser diodes. Peter Leibinger, chairman and CEO of Trumpf Inc., Farmington, CT., will serve as president of Trumpf Photonics, which was formed through the acquisition of the production facilities and relevant patent portfolio of Princeton Lightwave. The new company has 20 employees, including a number of former Princeton Lightwave staff.
IKS Installs Slitter Setup Software
for Canadian Processor
Thursday, August 08, 2002
International Knife & Saw, Inc. (IKS), Cincinnati, OH, has installed its SAVE2001 precision tooling setup software at the Samuel Flat Rolled Processing Group, a division of Samuel, Son & Co., in Hamilton and Mississauga, Ontario, Canada. The upgrade replaces tooling setup programs used on six coil-processing lines at the two Samuel locations with one common program. Now, standardized setup printouts ensure familiarity by all personnel and keep production quality consistent from line to line and plant to plant, according to IKS officials.
Windows-based SAVE2001 reportedly offers slitter/arbor tooling setups in seconds and generates easy-to-read setup printouts. A user help screen assists operators should the need arise. It also offers many user-configurable options, allowing software customization.
For more on SAVE2001, visit IKS at www.iksinc.com
Tooling Suppliers Need Help, Study Says
Wednesday, August 07, 2002
Economic hardship facing tool and die makers results from a dramatic industry restructuring, and will not lessen despite a predicted upturn in the nation’s economy.
That is the finding of an industry study conducted by The Right Place Program, a non-profit economic development agency serving Greater Grand Rapids, MI, area. In the study, the agency, working for the past three years to support the tool, die and mold making industries, noted that despite their economic impact, the industries remain in the shadow of the Big Three and Tier One suppliers. These industries, according to the study, are suffering financially due to changing customer relations driven by increased foreign spending, pricing pressures, design and value-added expectations, delayed payments and shortened lead times.
Tooling firms cannot overcome these factors alone, according to John Cleveland, the study’s author.
“Buyers also are part of the equation,” he says, “and need to make tooling suppliers long-term strategic partners. If they do that, they’ll find that domestic tooling firms can add value in terms of product design and efficiency to the manufacturing process.”
This fall, The Right Place Program will host a forum of industry leaders to review and discuss the study, and convene a West Michigan Tooling Council. For more on these events, visit www.rightplace.org