Taking place every two years, EMO is an exhibition which requires no introduction. One of the biggest metalworking exhibitions in the world, companies from all over the world have gathered at from 18-23 October 2017 in Germany to showcase their latest innovations.
APMEN is on location at Hannover to cover the latest metalworking equipment news.
Tokyo, Japan: The Japanese government has urged domestic manufacturers to implement the Industrial Internet of Things (IIoT) in practice to alleviate workforce shortages.
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.
Worldwide: The global grinding machine market is forecast to reach US$5.06 billion by 2023. The market will mainly be driven by the consistent growth in the industrial manufacturing industry, according to market intelligence agency Research and Markets.
Nürtingen, Germany: Heller GmbH has reported its annual results for 2016. With an annual turnover of 537 million euros (US$599 million) for the year and order intake of US$588.1 million, the company’s key financial data for the year 2016 exceeded the targets set out in its respective annual plans.
As Taiwan’s machine tool industry matures, it aims to make its mark on the trends that are shaping the global market.
With 2017 looking to be a year of steady manufacturing growth for Southeast Asia, machine tool makers that form the backbone of most industry development would do well to take notice. By Jonathan Chou
An inquiry by the European Association of the Machine Tool Industries (CECIMO) shows that data-driven business models are high on the agenda of machine tool builders in Europe. By CECIMO
Bielefeld, Germany: A cooperation agreement has been signed by toolholding supplier Haimer and machine tool manufacturer DMG Mori to enter into a premium partnership.
Tokyo, Japan: Japanese machine tool manufacturers will get a boost in Russia, as Tokyo agreed to offer economic support to Moscow in a bilateral summit that was concluded in December 2016.
The eight-point economic cooperation between Japanese Prime Minister Shinzo Abe and Russian President Vladimir Putin included many deals related to the machine-tool industry. President Putin said it was necessary to change the bilateral trade structure in which Russia exports materials to Japan and imports automobiles and machines in return.
The depreciation of the Russian ruble has made imports difficult for Russia, and the country is trying to boost domestic production of industrial goods and lower its dependence on imports. With machine tools being key to domestic production, the country is getting direct development investments from Japanese machine tool manufacturers to build up Russia’s diminished machine tool capabilities, according to Jiji Press. Japan’s mature machine-tool market is looking for growth opportunities elsewhere around the world.
To increase domestic manufacturing in Russia, foreign companies are not allowed government procurement orders in certain sectors. However, foreign firms are allowed to take part in bids for such orders, receiving tax incentives if special investment pacts are signed with the Russian side to include local production.
APMEN News, Jan 2017