Schuler Pressen GmbH has reached an agreement with a strategic investor group based in Munich, Germany, regarding the takeover of its die construction activities in Göppingen and Weingarten, Germany.
The advanced high strength steel (AHSS) market size is expected to post a CAGR of around 13% from 2019-2023, according to the latest market research report by Technavio.
Timesavers CEO, Paul Hartendorp, discusses his ‘Edge Rounding and Deburring 4.0’ vision, as well as his market outlook for 2020.
The BILSTEIN GROUP is readying itself for the future of cold rolled steel, with the construction of its new wide quarto reversing cold rolling mill at BILSTEIN in Hagen-Hohenlimburg, Germany, nearing completion.
The University of Strathclyde’s Advanced Forming Research Centre (AFRC) has agreed a Tier One Partnership with global technology giant, Siemens, aiming at stimulating the uptake of digital technologies within the manufacturing industry and supporting the factories of the future across Scotland.
According to the VDW, orders received by the German machine tool industry in the third quarter of 2019 were 25 per cent down on the same period last year.