During its General Assembly in Rüschlikon, CECIMO announced a turnover for 2018 of €27.5 billion, which is 9% higher compared to 2017. This secures a 35% market share in global machine tool production.
MA Polska, with headquarters in Rivoli (Turin, Italy), has been a large manufacturer of cold-formed sheet metal parts for the global automotive industry since the 1970s.
The University of Strathclyde’s Advanced Forming Research Centre has integrated the latest laser metal deposition technology in a CNC machine, creating a platform that is the first of its kind in Scotland.
Volkswagen will be boosting the pace of its transformation following a solid fiscal year 2018. The brand is taking important steps this year to strengthen competitiveness on a sustained basis.
In recent years, there has been a sharp increase in demand for lighter components for applications in mobility and transport in response to the need to save weight, and therefore energy and resources.
According to “Sheet Metal Fabrication Services Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2024”, the global sheet metal fabrication services market is set to grow with a CAGR of 1.5% from 2018-2024.