29% equity stake in the combined company, which has an enterprise value of approximately $2.5 billion.
Announcements
CNC machine tool maker Okuma America Corp. (Charlotte, NC) on Sept. 12 announced that Delcam, a provider of CAD/ CAM software technology, has joined Partners in THINC. Delcam, which has global headquarters in Birmingham, U.K., is a developer of the PartMaker, PowerMill and FeatureCam ranges of CAM software, among others. Partners in THINC is a collaboration of more than 40 industry leaders who work to solve problems and explore new productivity ideas for manu- facturers. More at
www.okuma.com/partners-in-thinc. NAMII, the National Additive Manufacturing Innovation
Institute (Youngstown, OH), recognizes an existing membership upgrade and welcomes several new members. Among them: Wohlers Associates Inc., Illinois Tool Works, Tobyhanna Army Depot, 3M, Deformation Control Technology Inc., Rhinestahl Corporation, Sciaky Inc., and USA Science & Engineering Festi- val. More at
http://www.sme.org/memedia/rapidam/
Events
Methods Machine Tools Inc., a supplier of precision ma- chine tools, automation and accessories, will be holding an Open House at its Technology Center in Tempe, AZ on Nov. 13 and 14, 2013. More at
www.methodsmachine.com. The 2014 Meeting of the Minds (MOTM) sustainable leadership summit will be held in Detroit. MOTM is an inter- national leadership summit for urban sustainability, innovation and connected technology. The summit brings together lead- ers from multiple sectors to engage in dialogue for advancing sustainability in cities by using smarter design tools, sounder environmental practices and cleaner energy systems. This year over 300 people attended the summit, which was held in Toronto. More at
www.cityminded.org.
Workforce Development
The University of Michigan Solar Car Team, already the most successful team in North America, is relying on prod- uct lifecycle management (PLM) software technology from Siemens (Plano, TX) to help in its quest to claim the world title this October at the World Solar Challenge in Australia. After
November 2013 |
ManufacturingEngineeringMedia.com 25
262-628-5030 or 888-628-5030
sales@carmexusa.com www.carmexusa.com
Introducing BLU: A new grade of threading insert from
Longer life,
higher speeds, and improved finishes — even in the
hardest materials
Developed for thread cutting of all machinable materials including stainless steel and super-hard alloys, new BLU 16mm inserts combine micro-carbide substrate and advanced Nano coating technologies for thread cutting that increases the thermal barrier to 4200º F. The result is a wear-resistant insert that dramatically improves production through reduced cycle times while delivering longer tool life.
Actual tests have resulted in 30% more parts at 30% higher speeds in machinable materials — including those used in the aerospace and medical industries.
Contact your Carmex representative or e-mail us today and see what BLU can do for YOU.
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