23 August 2017

Worldwide: The global market for smart handheld metrology devices reached US$186 million in 2016 and is expected to grow at a compound annual growth rate of 10.4 percent from 2016 to 2023, to reach US$372 million in 2023, according to a report by market intelligence company Frost & Sullivan.

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24 August 2017

Rorschacherberg, Switzerland: Starrag Group, a manufacturer of high-precision machine tools for milling, turning, boring and grinding, has released its financial results for the first half of 2017, with net profit reaching CHF 6.4 million (US$6.65 million).

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22 August 2017

Ditzingen, Germany: Trumpf, a manufacturer of machine tools, has generated a 10.8 percent increase in sales in the fiscal year ending June 30, 2017.

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21 August 2017

Frankfurt, Germany: The country’s order intake from abroad rose six percent in the first half 2017, with the metal forming technology segment performing better than metal-cutting machinery. Export orders in the German machine tool industry increased four percent in the second quarter of 2017.

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18 August 2017

Singapore: The National University of Singapore (NUS) has opened an additive manufacturing (AM) centre, to develop and apply 3D printing technology in the biomedical and healthcare fields.

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17 August 2017

Worldwide: Global steel production reached 836 million tonnes from January to June this year, according to a report by the World Steel Association.

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16 August 2017

Johor Baru, Malaysia: Singapore and Malaysia are partnering to construct a railway line—Rapid Transit System (RTS) Link—which will start commercial service by the end of 2024.

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15 August 2017

Gloucestershire, UK: Renishaw, a manufacturer of industrial metrology and additive manufacturing (AM) machines, has reported a 25.7 percent increase in revenue for its financial year ended 30th June 2017, as compared to the previous financial year.

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14 August 2017

Manila, Philippines: Increased government expenditure on infrastructure in the Philippines is expected to boost the country’s steel demand significantly.

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11 August 2017

Bavaria, Germany: Tigra, a manufacturer of cutting tools and inserts, has expanded its production facility at its headquarters in Oberndorf-am-Lech, Bavaria.

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