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Category: Industry News

  • IMTS – US Manufacturing News

    President Obama, is talking about it:
    On NPR- “The Hottest Product In Manufacturing: Jobs” (click to listen to full report)

    “We’re going to have a lot of jobs in the service sector because we’re a mature economy. But America’s economy is always going to rely on outstanding manufacturing – where we make stuff, where we’re not just buying stuff overseas, but we’re making stuff here and we’re selling it to somebody else.” said, President Obama

    On CNBC- “Not Your Father’s Car Company” (click to watch full report)

    Local Motors is hoping to disrupt the old ways of doing business by “crowdsourcing” new designs for automobiles. They know they won’t be overtaking the big 3 any time soon, but they will be building some of the most innovative and fun rides around. You can even submit your own design ideas.

    And on the hill – “Manufacturing our way to a stronger economy” (click to see full information)

    Mike Rowe, of “Dirty Jobs” fame, wants the US Senate Commerce Committee to focus on jobs in America. On May 11, 2011 Mike along with other manufacturing dignataries and visionaries will plead the case to the Science, Commerce and Transporation Committee that strenghening our manufacturing base will create a stronger and more robust economy.

    (IMTS Source Article)

  • Mori Seiki to Add Domestic Machine Tool Manufacturing

    American Machinist is reporting:
    Machine tool giant Mori Seiki Co. Ltd. reportedly will proceed with plans to build a new machine manufacturing plant in the U.S., specifically in California. The estimated $60-million project was revealed in Japan by the Nikkei news service.

    The news service reported that the new, 89,000 sq. meter plant would be built near Mori Seiki’s recently established research center in Davis, Calif. The plant would specialize in producing horizontal machining centers, with a design capacity of 80 machine centers per month. Employment is projected to be about 200.

    No announcement has been made by Mori Seiki or its U.S. organization.

    However, earlier this year Mori Seiki confirmed it was evaluating plans to start machine tool manufacturing in the U.S. because of the difficulty of serving the North American market as currency exchange rates fluctuate between Japan (where most of Mori Seiki’s manufacturing is done) and the U.S. Adding production capability in North America might offset any disparity in the exchange rate between the two currencies.

    “If the value of the U.S. dollar declines, it will become fiscally advantageous to manufacture machine tools in North America, eliminating the cost of importing from Japan,” explained the company’s president Dr. Masahiko Mori, in January.

    At that time Mori Seiki estimated that adding a new factory in North America would raise its total monthly output capacity by approximately 100 units to slightly more than 900. It said this level of increase would prepare it for the global expansion of machine tool sales it anticipates.

    Mori Seiki operates four factories in Japan, and another in Switzerland.

    Also, since the time of the January announcement Mori Seiki has consolidated its U.S. business with that of DMG. The two groups have a cross-ownership arrangement and co-market their machine designs and technologies worldwide. DMG / Mori Seiki USA is headquartered in Hoffman Estates, Ill

  • iPhone and iPad Drive Makino Sales

    Nov Machine Tool Orders Double On iPhone, iPad Demand

    TOKYO (Nikkei)–Machine tool orders doubled from a year earlier to 96.7 billion yen in November on strong demand from companies that produce Apple Inc.’s iPhone smartphones and iPad tablet computers, according to preliminary results released Thursday by an industry group.

    About 70% of the orders Makino Milling Machine received in November came from abroad.

    The figure has continued to grow on the year for 12 straight months, said the Japan Machine Tool Builders’ Association. Up from 80.2 billion yen in October, orders are on track to surpass the 100 billion yen mark for the first time since September 2008.

    Overseas orders doubled on the year to 65.6 billion yen, topping the 65 billion yen mark for the first time this year. Chinese EMS (electronics manufacturing services) firms are choosing Japanese machine tools to produce the iPhone and iPad as well as parts for the devices.

    Makino Milling Machine Co. (6135) received almost 5 billion yen in orders in November, up 900 million yen from the previous month and more than double the year-earlier figure. About 70% of the orders were from abroad.

    “There was strong Chinese demand for small machining centers used to make electronic parts,” said a company official.

    Domestic demand doubled on the year to 31.1 billion yen, but the figure got a boost from a biennial trade fair that was held in Tokyo from Oct. 28 to Nov. 2. The association noted it is unclear if this growth is temporary or will continue.