First decline in output for three years, but strong fourth quarter highlights ongoing industrial demand trends 2014 output, $16.4 billion Q4 orders up 15% 67% exports +3% output forecast The graph ...
VDW outlook sees domestic producers thriving in changing global market Martin Kapp, the chairman of the German Machine Tool Builders’ Assn. (VDW), told listeners at a press conference in Frankfurt, ...
Cottondale, Alabama might seem an unusual place for German machine tools to be making automotive components for a German car, but Smith's Machine proves again how much of a world market the automotive ...
According to Siemens, a future AI trained on such data could be used to optimize asset reliability and schedule preventative ...
FRANKFURT, Germany—The German machine-tool manufacturers' federation VDMA said Thursday it plans to open an office in Tehran next year to help its members re-establish business links with the Islamic ...
The German machine-tool industry has prospered because manufacturers there continually develop new and innovative products. However, even these German companies increasingly feel the effects "of the ...
German Machine Tool Builders’ Association (VDW) expects production in the German machine tool industry to grow by 6% to around €12.6-billion in 2021. VDW chairperson Dr Heinz-Jürgen Prokop states that ...
FRANKFURT, July 9 (Reuters) - Chinese companies are eyeing German machine tool group MAG, two sources close to the transaction said on Monday, in a sign appetite remains high among Chinese groups for ...
While the lingering economic downturn plagues the global industrial chain, a group of small and medium-sized manufacturing companies in Germany have managed to weather the storm. Manufacturing only ...
For the first time in nearly two years, orders for machine tools dropped sharply in November. Overall orders for machines used widely to produce other goods plunged 12% in November, the VDMA said on ...
German machine tool maker Schwabische Werkzeugmaschinen GmBH (SW) has set up its first factory outside Germany in Suzhou Industrial Park in east China's Jiangsu Province. "We plan to establish smart ...
FRANKFURT (Reuters) - Chinese companies are eyeing German machine tool group MAG, two sources close to the transaction said on Monday, in a sign appetite remains high among Chinese groups for the ...
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