PM News: 600 Group Sets Up Joint Venture In Europe

To establish a joint venture operation based in Trencin, Slovakia, to be called 600BOST, 600 Group has reached an agreement with long-term trading partner BOST SK.

600 Group Sets Up Joint Venture In Europe

To establish a joint venture operation based in Trencin, Slovakia, to be called 600BOST, 600 Group has reached an agreement with long-term trading partner BOST SK. The joint venture, which is expected to become fully operational on January 1, 2008, will combine and build on to the existing BOST sales and support infrastructure as well as the Group’s own 600 International representative office in Prague, Czech Republic. The objective of creating the venture is to further expand 600 Group’s machine tool businesses in the growing markets of Eastern Europe. The venture, 600BOST, will develop a comprehensive distribution network throughout Eastern Europe and provide existing and new distributors with locally based spares, stock and demonstration machines as well as technical support for both pre- and after-sales activities. For more information visit the 600 Group's PM Online Showroom.

TPS International, Inc. and Ann Arbor Machine Co. (AAM) have expanded their applications engineering, sales and service joint venture relationship to include additional machine tools, facility and personnel assets. The expanded joint venture combines the strengths of both organizations to better serve their collective customer base. Prior to this expansion, TPS and AAM collaborated in a design/build venture by introducing the MMS Modular Machining System machine platform. For more information visit TPS International's PM Online Showroom.

Veridiam Medical has completed the acquisition of Point Technologies in Costa Rica, a contract manufacturer serving the medical device, biotech and semiconductor wafer test industries. The move complements Veridiam Medical’s current capabilities and will add capacity to become a solution for medical OEMs seeking advanced machining capabilities and competitive pricing, according to the company. For more information visit Veridian's PM Online Showroom.

Hexagon AB has entered into an agreement to acquire all outstanding shares of CogniTens Ltd., a provider of shopfloor non-contact dimensional measurement products. The company will be integrated into Hexagon Metrology. As part of Hexagon Metrology, CogniTens will continue to develop and introduce new products, closely support installations and provide value-added services for the benefit of its global customer base. CogniTens customers will enjoy enhanced support from the global Hexagon Metrology network with local support and service from more than 60 offices worldwide. For more information visit Hexagon Metrology's PM Online Showroom.

In July, Precision Twist Drill became part of the Dormer Group, with the two brands joining forces in the NAFTA region to form Precision Dormer. From now on, the two companies will act as one unit, offering a range of metalcutting products. High-performance, application-specific tooling will be branded as Dormer. Precision and Union Butterfield will be the brand for general-purpose application drills, taps, end mills, dies and reamers. For more information visit Precision Dormer's PM Online Showroom.

David Buxton and Kevin Miller of Ohio Stamping and Machine LLC (Springfield, Ohio) are the first in the nation to earn the new OJT Trainer Certifications from the National Institiute for Metalworking Skills (NIMS). The new certifications are a component of the NIMS Structured On-The-Job Training Program that is being launched nationally. The certifications required employees to demonstrate their training skills against industry-developed competencies. The employees must satisfactorily test by meeting both workplace performance and theory examinations. For more information visit NIMS' PM Online Showroom.

LMT Fette has appointed Trevor Tolley as the United Kingdom managing director with the intention of building a direct sales and distribution network around the company’s high-performance cutting tool, toolholding, tool management and carbide products. Mr. Tolley brings 24 years of industry experience that began with an area sales manager position with the company. For more information visit LMT Fette' PM Online Showroom.

Hurco Companies, Inc. has hired Jacques Viau to operate the new Canadian division, Hurco Canada, Ltd. As sales manager, he will oversee business development, sales, service and support for customers throughout Canada. Mr. Viau has more than 15 years of industry experience. For more information visit Hurco's PM Online Showroom.