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UK machine tool exports rise in 2004

UK exports of machine tools in the 1st quarter of 2004 were worth GBP 102.3 million; this is 19.4% higher than in the 1st quarter of 2003, but is down by 8.1% compared with the last quarter of 2003.

News from The Manufacturing Technologies Association, Jul 6, 2004

Chinese market is hungry for PLCs

The China market for PLCs is expected to grow at a compounded annual growth rate of 14.1% over the next five years in spite of a decline in prices.

News from ARC Advisory Group, Jul 1, 2004

Report uncovers nearly 5 million CAD seats

According to industry analyst Joe Greco, 4.96 million mechanical CAD (MCAD) seats were installed worldwide at the end of 2003.

News from Wohlers Associates, Jun 30, 2004

Deadline for test cases set for August

Max-Serv, the EU-backed virtual support centre for manufacturing excellence reports that its programme of funded test case initiatives is continuing to deliver strong results.

News from Max-Serv, Jun 29, 2004

EU flat product steel prices hit record highs

Prices for flat rolled steel products in Europe have now in most cases reached their highest level in the last two decades, says MEPS (International).

News from MEPS (International), Jun 22, 2004

Forecast delivers positive outlook

The MTA's Economic Forecast Update released last week indicated the most positive outlook for the machine tool sector in recent years, with growth for 2004 in the region of 20%.

News from The Manufacturing Technologies Association, Jun 15, 2004

Vacon is company of the year

Finnish company Vacon has been named recipient of Frost and Sullivan's 2004 Industry/ICE (Instrumentation and Controls and Engineering) Company of the Year Award.

News from Frost and Sullivan, Jun 11, 2004

Award recognises Emerson's flow technology

Frost and Sullivan has honoured Emerson Process Management with its Market Leadership Excellence Award in the European industrial flow sensors market.

News from Frost and Sullivan, Jun 11, 2004

Growing regions boost global PLC market

The worldwide market for programmable logic controllers is surging due to fast growing regions and expanding applications areas outside of manufacturing.

News from ARC Advisory Group, Jun 8, 2004

Modern drives are key to Kyoto compliance

Simply by modernising installations, UK industry could consume less electricity, reduce CO2 emissions by 12Mt and reduce environmental costs to society by GBP 480 million each year.

News from Copper Development Association, Jun 8, 2004

Switching stainless grades is no trivial matter

Since the price of nickel doubled to more than US $17,000 per tonne a few months ago there has been much talk of substitution.

News from MEPS (International), Jun 7, 2004

Chinese steel price glitch remains isolated

The downswing in the steel market in China has brought much talk of "corrections" in the "overheated" economy, and fears of falling steel prices, according to MEPS International.

News from MEPS (International), Jun 3, 2004

Control valve market set for steady growth

The worldwide control valve market, which totalled nearly $2.9 billion in 2003, will reach nearly $3.4 billion by the end of 2008, expanding at a CAGR exceeding 3%, according to a new study.

News from ARC Advisory Group, May 31, 2004

Expansion for Global Watch scheme

The Department of Trade and Industry is strengthening its global reach to help British businesses keep abreast of the world's latest scientific and technological advances.

News from DTI Global Watch Service, May 28, 2004

Study to focus on US machine safety market

The market for programmable safety systems is growing at a much faster rate than originally expected.

News from Venture Development Corp, May 26, 2004

EU steel mills pass on higher costs

Shortages are providing a boost for EU steelmakers, according to the latest statistics from MEPS (International).

News from MEPS (International), May 25, 2004

Rapid prototyping reverses decline

Last year, the rapid prototyping industry reversed its downward trend, according to a new worldwide study on the rapid prototyping, tooling, and manufacturing state of the industry.

News from Wohlers Associates, May 25, 2004

India offers even better prospects than China

The Chinese drives market has quickly grown to become a $463 million market in 2003, according to a drives study by IMS Research.

News from IMS Research, May 19, 2004

Productivity spurs process electrochemical systems

The worldwide market for process electrochemical systems is expected to grow at a CAGR of 5.4% over the next five years.

News from ARC Advisory Group, May 18, 2004

IEE reaffirms low risk from low-level EMFs

The IEE has published its 2004 position statement on possible harmful biological effects of low-level electromagnetic fields of frequencies such as mobile communication systems and power cables.

News from IEE (Institution of Electrical Engineers), May 11, 2004

Eastern Europe electric drives market set to grow

Improved customer acceptance, robust demand in key regions, technology advances and competitive pricing are poised to underline strong growth potential in the Eastern Europe electric drives market.

News from Frost and Sullivan, May 3, 2004

UK research strategy at risk

The IEE has warned that UK engineering and manufacturing's long term growth and competitiveness are at serious risk from a lack of young people choosing to pursue a career in scientific research.

News from IEE (Institution of Electrical Engineers), Apr 29, 2004