2005 Archive


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January

Measuring up to success in the race for advanced metals technology
Postgraduate work in the UK that earned its author a prestigious award could have applications in the metal powder industry, particularly in sintering...

New mG plant start-up in China as Keystone considers its future
Italian PM parts maker mG miniGears of Padova has opened a steel machining and P/M parts manufacturing plant in Suzhou, China...

February

Inco gives $500 000 for tsunami aid as Höganäs reports no casualties
Canadian nickel giant Inco and its 61 per cent-owned Indonesian subsidiary, PT International Nickel Indonesia (PT Inco), have announced a joint donation of 5 billion Indonesian rupiah (approximately US $540 000) to relief efforts by the Indonesian government to aid victims of the tsunami of December 26...

Höganäs up again
Swedish metal powder major Höganäs has reported full year net sales for 2004 up 11 per cent at SEK 4162 million, with income after tax of SEK 424 million, up nearly 20 per cent on the previous 12 months, even though the company said that the strength of the Swedish Krona in the international markets had had a distinct negative effect...

GKN Sinter harvests praise at John Deere
Deere & Company's Commercial and Consumer Equipment Division has named GKN Sinter Metals, Auburn Hills, Michigan, supplier of the year...

March

PF secrets plot smashed in US as two are seized by FBI
Two former employees of Metaldyne Corporation based in Plymouth, Michigan, were arrested last month by the FBI on a complaint and charged with stealing trade secrets detailing the company's powder-forging (PF) technology...

EPMA awards sponsored again as Prague show heads for a sell-out
Metal Powder Report is once again to sponsor the European Powder Metallurgy Association's Awards for Innovation in Powder Metallurgy. Editor Richard Felton said: "After the success of our award sponsorship at last year's World Congress in Vienna, we reached agreement with the EPMA to extend it for a further year to Euro PM2005 in Prague...

Inco predicts strong 2005 as earnings treble in record year
A record year in 2004 saw Canadian nickel producer Inco treble net earnings to $848 million or $4.48 per share, compared with $276 million or $1.42 per share for 2003...

April

GKN profits slip on currency rates but PM growth is strong
GKN plc, parent company of both powder manufacturer Hoeganaes and GKN Sinter Metals, which is based in London, UK, announced that sales of its powder metallurgy operations slipped 3.1 percent in 2004 to £589 million (about $1.1 billion)...

Kennametal makes move in China trade with Tianjin plant
US hardmetal tooling giant Kennametal Inc, based in Latrobe, Pennsylvania, has announced plans to build a new manufacturing plant in China located in the Tianjin Economic Development Area...

Titanium poised for spinal disc move as orders pile up
Memphis medical technology manufacturer Medtronic Sofamor Danek, has ordered production quantities of PM titanium composites for artificial spinal discs from Dynamet Technology of Burlington, Massachussetts...

May

PM Asia 2005: success for Shanghai event points to China in 2007
Following the success of the PM Asia 2005 conference and exhibition staged last month in Shanghai, Metal Powder Report and Elsevier are to stage another event in China during 2007...

2004 results set powder producers on course for better 2005
Metal powder manufacturers and some of their customers had a good 2004 and seem set to build on their successes during this year. For the world's biggest iron powder maker, Höganäs, that meant a rise in net sales of almost 11 per cent to SEK 4.162 billion in 2004, with operating margins exceeding 15 per cent and return on capital employed - an important performance indicator - beating 17 per cent...

Metaldyne heads for China with two new plants
Metaldyne, the Michigan-based PM auto component manufacturer that was at the centre of a China-related industrial espionage investigation just three months ago, is expanding its presence in China with the opening of two new manufacturing facilities. One is in Hangzhou, and another will break ground in Suzhou this summer. Both are in the Shanghai area, close to the heart of the Chinese PM business...

June

New global giant emerges from Austria - Japan PM merger deal
The shape of the Tier One automotive supply business is set to be radically changed by the merger of the powder metallurgy interests of two aggressively competitive corporations from Austria and Japan. The

Makin Metal's copper set to infiltrate Euro PM steel markets
Makin Metal Powders is positioning itself as the major supplier of copper-based infiltrating powder for the European powder metallurgy market from next month.

Research boost for FFC move into high-value metals
Wider exploitation of the novel FFC electrolytic process for manufacturing powdered metals has moved a step nearer to commercial reality with a research agreement between Metalysis, the

Plansee slams REACH law as ‘unwanted cost’
Europe's proposed REACH chemicals legislation was slammed by Plansee's Michael Schwarzkopf at the opening of the 16th International Plansee Seminar in Reutte, Austria.

July/August

German moves on to Mississippi and CAVS - Smid 'to head CISP'
Professor Randall German is to leave Penn State and the Center for Innovative Sintered Products (CISP) he founded to take up a chair in mechanical engineering at Mississippi State University and head the Center for Advanced Vehicular Systems (CAVS) which is located there.

Höganäs and QMP increase capability and customer focus in China
European and Canadian powder metal manufacturers have increased their technical capabilities in the Shanghai area with the opening of a new QMP blending plant and the inauguration of a Höganäs Technical Centre and new powder mixing capacity.

Fraunhofer aims for MEMS link with Japanese
With the research market in Germany flat-lining, the Fraunhofer organisation is looking for more opportunities elsewhere in the world. A new collaborative venture just agreed will see Fraunhofer researchers collaborating with Japanese colleagues from Tohoku University in Japan.

US - Italy link aims for new thinking on injection moulding
A US-Italian industrial link could soon cut the cost of setting up in metal injection moulding by introducing machines that can handle a variety of media.

September

US auto giants turn in shock 2Q losses
North American auto manufacturers have produced second quarter figures that paint a grim picture of both actual and underlying performance, despite the apparently glowing results of employee-discount incentive programmes aimed at clearing inventories and stimulating production.

Hawk boosts sales but Q2 income only flutters
Second quarter sales at Hawk Corporation of Cleveland, Ohio, rose 11.8 per cent to $70.9 million. Income from operations gained only 1.6 per cent to $6.2 million.

Plansee and MMC sign merger deal to launch PMG
Plansee and Mitsubishi Materials Corporation have formalised their PM joint venture by signing the agreement merging the relevant pats of their businesses under a Luxembourg-based holding company. The transaction is expected to be wrapped up on December 1.

October

QNL seeks partners to develop nano metallic materials
UK-based QinetiQ Nanomaterials Ltd last month used the launch of a nanoscale aluminium/boron material suitable for applications in automotive airbags, rocket motors and explosives to highlight the company's need for partners to enable further development.

Change at the top as Sandvik pays £1m to double Osprey's capacity
Sandvik Osprey is doubling production capacity of fine powder for metal injection moulding (MIM) and other applications at its Red Jacket Works in Neath, South Wales in the UK.

ALD bags Chinese atomiser contract
ALD Vacuum Technologies GmbH successfully completed pre-acceptance trials for a Chinese customer of a VIGA35 - vacuum induction-melting inert gas atomiser - at their premises in Hanau, Germany.

November

Gibraltar moves into China with atomiser deal
Gibraltar Industries, based in Buffalo, NewYork, has purchased Curie Suzhou, a privately held manufacturer of atomised copper and copper alloy powder in Suzhou, China.

HazenTec changes hands
The assets of HazenTec, L.C., Hazen, Ark., have been sold to a private investment corporation whose shareholders are connected to MNP Corp., Utica, Mich., a major supplier of industrial fasteners.

Results up for Miba
Austria's Miba reported fiscal half-year results with sales increased 7 per cent to e178.4 million. Based in Laakirchen, the company has three groups - PM parts, bearings, and friction products - and about 2,740 employees.

December

Voisey's Bay first ore success for Inco
Canadian nickel producer Inco has achieved another major milestone at its Voisey's Bay project in Labrador, Canada, with the first shipment of nickel concentrate last month, more than six months ahead of the original project schedule.

Chops and changes at top of GKN
The board of UK-based GKN plc, parent company of GKN Sinter Metals, has made changes to the board and executive committee. Several key executives have joined the executive committee and others are leaving the company.

Elnik cooks up 42pc income boost for first three quarters
American MIM furnace builder Elnik Systems provided the major income stream for its German-based parent company PVA TePla Group in the first nine months of this year.

Metaldyne expands Korea operation for Asian growth
Leading US powder forging specialist Metaldyne, based in Plymouth, Michigan, plans to expand manufacturing in Pyeongtaek, South Korea.


 

 

 

 
 
 
 

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