Page 8 - MetalForming March 2012

News Fronts
Market Outlook
Forecast Calls for a Healthy U.S. Welding Market
Freedonia Group is forecasting 6.4 annual increases through 2015 for demand in the United States for welding equipment and consumables. Among end-use markets for welding equipment and consumables, Freedonia projects annual growth of 6.2 percent for manufacturing applications, 11.0 percent for construction, 6.2 percent for energy and power generation, and 6.8 percent for repair and mainte- nance. For more information on the study, “Welding Equip- ment and Consumables,” visit www.freedoniagroup.com.
Awards
Wayne Trail Recognized for Job Creation Emanating from
its Laser-Cutting Technology
Ohio senators Tom Niehaus and Keith Faber recently presented a 2011
Edison Technology Center Award for Excellence to Wayne Trail Technologies, Fort Loramie, OH, for out- standing performance in retaining and generating new jobs within the state of Ohio. The firm is credited, in a let- ter from the Ohio Senate, with creating 35 jobs in 2010. A company represen-
tative notes that its growth primarily is related to its work in developing laser technology that enables cut- ting of thin-coated foils at speeds to 10 m/sec.
Fanuc Named Top Global Innovator
Thomson Reuters named Fanuc Corp., Hoffman Estates, IL, one of its 2011 Top 100 Global Innovators, recognizing its successful patent-approval rate, global reach of patent portfolio, patent influence in literature citations and overall patent volume. The award comes on the heels of Fanuc earning recognition from Forbes mag- azine as one of the top 100 World’s Most Innovative Com- panies. Fanuc supplies robots, machine tools and CNC systems.
Agreements
Esab Welding & Cutting Under New Ownership
Colfax Corp., Fulton, MD, has acquired Charter Interna- tional plc, owner of Esab Welding & Cutting Products, as well as Howden, a manu- facturer of air- and gas-han- dling equipment. “The acqui- sition is not expected to impact Esab customers or distributors,” says Mark Elen- der, senior vice president of sales and marketing for Esab North America. Colfax owns 10 brands in the pumping and fluid-handling market.
BCN Technical Services Acquires IP for Warco, Wean and McKay
Metalworking companies operating presses manufac- tured by Warco, Wean United
In 1964, LSP introduced the original PresSpray, introducing airless, automatic spraying of die lubricants. Today, presses are faster and more high tech, tolerances are tighter, and lubricants better. The PresSpray-II has evolved to meet the demands of twenty first century stamping.
If you’re tired of trying to make one stamping lubrication design fit for all your jobs, talk to LSP. We offer a wider range of lubication solutions than any other manufacturer. Learn more about PresSpray and other technologies at
www.lspind.com
COMPUSPRAY
MINICOATER
FLOATERCOATER
MAXAMIZER METERMIZER
LSP Industries Inc. Rockford, IL Tel: 815.226.8090 email: sales@lspind.com
6 MetalForming/March 2012
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