This page contains a Flash digital edition of a book.
Kentucky State University in Frankfort. The Toyota Engineering Scholarship program—made possible via a five-year, $375,000 grant from the automaker—will tie in directly with its manufac- turing operations in Georgetown, KY, 21 miles from Frankfort. Through this program, Toyota will develop a deeper and richer pipeline to employ students with engineering degrees.


Mergers & Acquisitions


Samco Machinery (Toronto, ON) has announced an alli- ance with VAPTECH, a Bulgarian-based worldwide supplier of system solutions for the metal forming industry, specifi- cally designing and manufacturing mechanical and hydraulic presses, biomass processing equipment and complete manu- facturing lines with automation. 3D Systems (Rock Hill, SC) announced April 16 that it has entered into a definitive agreement to acquire Robtec (Sao Paulo, Brazil). Robtec is the largest Latin-American additive manufacturing service bureau and the leading 3D printing and scanning products distributor in the region.


Announcements


United Grinding North America Inc. (Mi- amisburg, OH) on March 21 announced that current President and CEO, Rodger Pinney, has been elected as vice chairman of the company’s board of directors in conjunction with his planned retirement on April 1, 2014. Terry Derrico will join United Grinding North America, Inc. as its new president and CEO and assume complete responsibility for leading the company’s strategic, tactical, operational, and administrative functions in North America. Derrico will report directly to Stephan Nell, CEO UNITED GRINDING Group AG. The ExOne Co. (North Huntingdon, PA) reported that rev- enue grew by $10.8 million in 2013, to $39.5 million, driven primarily by machine sales as well as growth in its produc- tion service center. While gross profit was $15.6 million, the company reported a full-year loss of $5.7 million in 2013, compared with a loss of $8.1 million in 2012. 5ME (Cincinnati, OH) and Memex Automation (Burling- ton, ON) have been named a Partner in THINC by Okuma America, joining more than 40 technology leaders focused on developing specialized manufacturing systems to increase the competitiveness of Okuma’s customers. The consortium


May 2014 | ManufacturingEngineeringMedia.com 23


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94  |  Page 95  |  Page 96  |  Page 97  |  Page 98  |  Page 99  |  Page 100  |  Page 101  |  Page 102  |  Page 103  |  Page 104  |  Page 105  |  Page 106  |  Page 107  |  Page 108  |  Page 109  |  Page 110  |  Page 111  |  Page 112  |  Page 113  |  Page 114  |  Page 115  |  Page 116  |  Page 117  |  Page 118  |  Page 119  |  Page 120  |  Page 121  |  Page 122  |  Page 123  |  Page 124  |  Page 125  |  Page 126  |  Page 127  |  Page 128  |  Page 129  |  Page 130  |  Page 131  |  Page 132  |  Page 133  |  Page 134  |  Page 135  |  Page 136  |  Page 137  |  Page 138  |  Page 139  |  Page 140  |  Page 141  |  Page 142  |  Page 143  |  Page 144  |  Page 145  |  Page 146  |  Page 147  |  Page 148  |  Page 149  |  Page 150