Kennametal Inc., Latrobe, PA, has agreed to purchase the Sintec Group, Buching, Germany. The purchase of Sintec, which manufactures ceramic engineered components used in the aerospace, general engineering, metallizing and medical markets, complements Kennametal’s core knowledge of materials science. The transaction is expected to close by June 30, 2006, and remains subject to customary regulatory […]
Kennametal to Buy German Manufacturer Read More »
April U.S. manufacturing technology consumption totaled $255.13 million, according to the Association For Manufacturing Technology and the American Machine Tool Distributors Association. This total, as reported by companies participating in the USMTC program, was down 27.7 percent from March but up 6.8 percent from the total of $238.85 million reported for April 2005. With a
Machine Tool Consumption Up 18.5% Year-To-Date Read More »
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