ArcelorMittal singned a joint venture agreement for wire rod operation in India
ArcelorMittal has signed a memorandum of understanding with the Steel Authority of India Limited for a joint venture that would establish an automotive steel manufacturing plant in India. The steel giant also announced…
Italian cable manufacturer is building a plant in Moldova
Italy’s La Triveneta Cavi is going to build a greenfield production facility in Moldova that will be the country’s first such plant for manufacturing low- and medium voltage electrical cables. Per multiple media…
Lighter fasteners for aircrafts
Aerospace industry needs lighter fasteners. Slic Pin, designed by Pivot Point Inc., employs a spring-loaded plunger to replace the nut and cotter pin. The plunger retracts when inserted into the stack up and…
Aero-Lite threaded fasteners from Alcoa
Aerospace fasteners must be secure to prevent pieces from disassembling, strong as to not shear when forces act upon them, yet be lightweight to help reduce aircraft weight and increase efficiency. As a…
German machine tool industry is growing
In the second quarter of 2015 orders received by German machine tool industry were 10 percent up on the previous year’s figure. Domestic orders were 3 per cent higher, foreign demand grew by…
ABB will provide power and automation order for UAE oilfields
Switzerland’s ABB has won a $100 million contract from Korea’s Hyundai Heavy Industries to supply electrical and telecommunication systems. It enables Hyundai Heavy Industries to fulfil its obligations to Abu Dhabi Marine Operating…
Anixter acquires Power Solutions segment from HD Supply
The US’ Anixter International bought of the Power Solutions segment of HD Supply for $825 million. The acquisition, which is the largest in Anixter’s history, is expected to be accretive to earnings in…
A 500 km fibre optic route completed by F6 Networks
Canada’s F6 Networks, a New Brunswick provider of dark fibre and network services, completed of its 500 km northern New Brunswick Route connecting the communities of Doaktown, Miramichi, Shippagan, Bathurst, Dalhousie and Campbellton…
Niehoff exhibits at the wire South America 2015 trade fair
Niehoff takes part in the wire South America 2015 trade fair, in São Paulo, Brazil, from 6 to 8 October 2015. Maschinenfabrik Niehoff and Niehoff-Herborn Máquinas Ltda. (NHM), its Brazilian subsidiary, will show…
Good forecasts for global fiber optic connectors market
The global fiber optic connectors market is rising at a 7.4% CAGR from 2015 to 2021 and is expected to undergo growth of more than 62% upon its 2014 value of US$2.72 billion….
