Page 8 - MetalForming February 2016

News Fronts
Awards
program, veterans now have the opportunity to enroll in Trumpf sheetmetal-fabricat- ing-machinery and industri- al-laser training courses and earn continuing-educa- tion credits at no cost to them.
Agreements
Weiss-Aug Affiliates
with The Diemasters
to Expand Service
Capabilities
Ace Earns Pittsburgh- Area Manufacturing Award
Accuride Corp., Evansville, IN, a supplier of components to the commercial-vehicle industry, and Italy-based CLN Group announced that Accuride has acquired a majority stake in steel-wheel manufacturer Gianetti Ruote S.r.l. from the MW Italia wheels division of CLN S.p.A. CLN, through MW Italia, will retain a minority interest in the business.
Ace Wire Spring & Form Co., Inc. has won the Pitts- burgh Business Times’ 2015 Manufacturer of the Year- Premo J. Pappafava Family Business Award.
In automotive, interior, powertrain, chassis and exte- rior are identified as the major application areas for magnesium alloys. The devel- opment of new magnesium- based sheetmetals for pas- senger-car bodies is expected to spur growth for this seg- ment over the forecast period, and North America is expect- ed to remain the largest mar- ket due to high penetration of magnesium alloys in the auto- motive industry.
and the lightweight properties of magnesium alloys as the major drivers. Magnesium is 75 percent lighter than steel, 50 percent lighter than titani- um and 33 percent lighter than aluminum.
Accuride Buys European Wheel Maker
Located in McKees Rocks, PA, Ace, family owned and operated for more than 75 years, manufactures compres- sion, extension and torsion springs as well as wire forms. The company boasts onsite engineers to assist customers in developing solutions for a variety of applications, as well as an onsite quality-control staff.
Training
Trumpf Training
Earns Certification
Weiss-Aug, a contract manufacturer of precision metal stampings, insert mold- ings and assemblies, has expanded its customer-serv- ice capabilities through a newly formed affiliation with The Diemasters Manufactur- ing, Inc., Elk Grove Village, IL. The Diemasters Manufactur- ing Inc. specializes in metal stamping, fabrication, assem- bly and product-design sup- port. The two companies will collaborate on technology, product development and customer outreach.
The partnership, which gives Accuride immediate long-term supply contracts with key global OEM cus- tomers in Europe, advances the company’s strategy to become a leading wheel sup- plier to the global commercial- vehicle industry, according to company officials. The busi- ness will retain its headquar- ters and principal manufactur- ing and engineering facility near Milan, Italy.
Market Outlook
Report Predicts
Magnesium-Alloy
for Student Veterans
Growth in Automotive
Trumpf, Farmington, CT, has announced that its Farm- ington training center has been approved by the State Approving Agency (SAA) of the Connecticut Office of Higher Education to train eligible Vet- erans Affairs (VA) educational beneficiaries.
According to a new mar- ket report, the future of mag- nesium alloys in the global automotive industry looks strong, with increasing pene- tration of lightweight materi- als combined with rising vehicle production. So
reads Growth Opportunities for Magnesium Alloys in Global Automotive Industry through 2020: Trends, Fore- casts, and Market Analysis, now available from Research and Markets.
“We are committed to joining forces with strategic organizations that reflect our culture, enhance our global footprint, augment our tal- ent, and demonstrate a proven track record of serv- icing customers with the level of quality and profes- sionalism that the Weiss-Aug reputation has been built upon,” says Dieter Weis- senrieder, owner and founder of Weiss-Aug.
Southworth Buys
Swedish Maker of
Material-Handling
Magnesium-alloy use in the global automotive industry is forecast to grow at a com- pound annual rate of 10.1 percent from 2015 to 2020, according to the report, with government regulations, grow- ing demand for lightweight and fuel-efficient vehicles,
The new association with The Diemasters leads to a new alignment and structure among Weiss-Aug and its affil- iates, which will be known as The Weiss-Aug Group. The group consists of Weiss-Aug, JK Tool and The Diemasters.
“This transaction is strate- gically important for us for sev- eral reasons,” says Brian McNamara, Southworth Inter- national Group president. “First, it accelerates our pres- ence in both European and Asian markets, (where) we see significant opportunities. Sec- ond, it supplements our exist- ing product supply in China,
6 MetalForming/February 2016
www.metalformingmagazine.com
The SAA approval stems from a rigorous application process followed by a site survey of Trumpf’s training facilities, according to com- pany officials. With this cer- tification, the training cen- ter reportedly becomes the first and only center in the machine-tool industry that is both International Associ- ation for Continuing Educa- tion and Training-certified and certified by the SAA to train eligible veterans. Since tuition is covered by the VA education-assistance
Southworth International Group, Falmouth, ME, a provider of ergonomic material- handling equipment, announced that it has agreed to acquire Marco Group AB of Sweden, a manufacturer of similar lifting and positioning technologies.
Equipment