This page contains a Flash digital edition of a book.
ibility at their 53,200 ft² (4942 m2


) newly opened satellite


manufacturing facility located in North Las Vegas, NV. This new rolling mill is a robust piece of equipment built to with- stand the rigorous demands of forming complex profiles while still allowing increased production throughput. The rolling mill is geared to manufacture heavy gage sections utilizing heavy- duty 3" (76-mm) gearboxes.


Announcements On July 24, the National Institute of Standards and Tech-


nology (NIST; Gaithersburg, MD) announced a competition for grants to address high-priority challenges impeding the growth of advanced manufacturing in the US. NIST’s new Advanced Manufacturing Technology Consortia (AMTech) Program anticipates awarding $4 million in two-year plan- ning grants in fiscal year 2013. Grants will range between about $250,000 and $500,000, subject to the availability of funds. To find out more, visit: http://tinyurl.com/NISTmfg


Mergers & Acquisitions


On July 29, Fives (Paris) completed the acquisition of MAG Americas. With the strategic acquisition, Fives be- comes one of the global leaders in high-precision machine tools, used to manufacture large complex equipment and high-performance composite processing machines. Fives achieves the global leadership position, in part, as a result of the acquisition of the three world-renowned MAG brands: Cincinnati, Giddings & Lewis and Forest-Liné. The acquisi- tion of these brands is in line with Fives’ ambitious strategy to further strengthen its position in high-growth sectors— such as the aerospace, renewable energy, mining and special equipment sectors. ABB (Zurich), the leading power and automation technolo- gy group, and Power-One Inc., a leading provider of renewable energy and of energy-efficient power conversion and power management solutions, confirmed that ABB has completed its previously announced acquisition of Power-One. The transac- tion positions ABB as a leading global supplier of solar invert- ers, which play a critical role in converting the sun’s energy into electric current and controlling its flow into the power sys- tem. Power-One has one of the market’s most comprehensive offerings of solar inverters, ranging from residential to utility applications, and a broad global manufacturing footprint.


September 2013 | ManufacturingEngineeringMedia.com 25


As the leading manufacturer of 5-axis machining centers, Hermle is expanding the portfolio: perfect precision, dependable service and automation competence are now available for work piece machining of up to 2500 kg.


See us at EMO 2013 in Hannover, Germany Hall 12.0 at booth C 42 September 16th


to 21th , 2013 www.hermlemachine.com


Hermle Machine Company, Franklin, WI Phone (414) 421-9770 or info@hermlemachine.com


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