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 […]

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 […]