PM News: HBD Industries Acquires Precision Metal Products
HBD Industries Acquires Precision Metal Products
HBD Industries, Inc. announces the acquisition of the business and assets of Precision Metal Products, Inc. to expand its closed die forgings offerings. Precision Metal Products is a provider of net and near-net shape forgings from high-performance materials. The company engages in the engineering, production and marketing of close-tolerance forged and precision-machined components for various load-bearing and fatigue-resisting applications in select, high-growth markets. In combination with California Drop Forge, HBD now offers a range of sizes, shapes, forging technologies, machining and pre- and post-operations and services for titanium, cobalt-chrome-molybdenum, stainless steel, Waspalloy, Inconel and other exotic metals. Visit HBD Industries PM Online Showroom.
Mike Langford was appointed North American sales manager for Index Corporation. He is a 30-year machine tool industry sales veteran, previously the sales manager at Index. Originally from England, Mr. Langford became familiar with machine tools as a toolmaker and worked with machine tool companies in sales and applications engineering in England. He came to the United States in 1999, where he was employed by Hurco USA and Romi Machine Tools Ltd. in sales positions before joining Index. Visit Index's PM Online Showroom.
Royal Machine & Tool Corporation is constructing a 1,200-square-foot building addition to its current 40,000-square-foot corporate headquarters and manufacturing facility. The building will provide additional manufacturing space required to consolidate operations and to improve work flow. The company recently invested in five new pieces of equipment, and it has expanded its Aerospace Program and Aerospace Service Group. Visit Royal Maching & Tool Corporation's PM Online Showroom.
DoALL Sawing Products named Don Klingstein as director of specialty systems concentrating on sales and support of the company’s advanced material handling and sawing systems throughout North America. Mr. Klingstein is a machining industry veteran and previously held key management positions in sales, product management and application engineering with other sawing manufacturers. Visit DoALL's PM Online Showroom.
Cinetic Landis Grinding Corp. plans to relocate its headquarters from Waynesboro, Pennsylvania, to Hagerstown, Maryland, which is about 15 miles away. The new facility, to be built on 28 acres in the Newgate Industrial Park, will include 85,000 square feet of manufacturing space and a two-story, 24,000-square-foot office complex. Visit Cinetic Landis' PM Online Showroom.
Mori Seiki University, a new division of Mori Seiki U.S.A., Inc., offers courses that take a scientific approach to providing education on topics ranging from nuances of newly developed machine technologies to the latest theories on lean manufacturing. Initially, courses will be made available to employees and distributors, ensuring that the knowledge base of those representing the company matches the rapid pace of developing technology. Moving forward, the company will evaluate and explore the potential to develop training courses for customers and others within the industry. The university inhabits a 9,000-square-foot facility. Visit Mori Seiki's PM Online Showroom.
Romer, Inc. and Faro Technologies, Inc. reached an agreement to settle all outstanding disputes between them. Under the terms of the settlement, patent suits pending in California and Florida, and a lawsuit involving claims of false advertising will be dismissed. Terms of the agreement will not be disclosed and will be treated as “Company Confidential” material going forward by both Hexagon and Faro. The settlement also covers Romer-affiliated companies and CimCore Corporation, Hexagon Metrology AB and Hexagon Metrology, Inc. Visit Romer's PM Online Showroom.
Valenite LLC is in the process of an aggressive, $6 million investment program aimed at enhancing the manufacturing capacity and capabilities for its Modco line of specialized tooling for high-volume production applications. The company is constructing a 33,500-square-foot addition to its Madison Heights, Michigan, headquarters. The next phase will equip the area with advanced CNC production machine tools. Once equipped, the final step will encompass the relocation of the Modco manufacturing operations from its current, remote facility to the new plant. Visit Valenite's PM Online Showroom.