After Porter-Cable captured the lion’s share of the pneumatic nailer business it seemed natural to focus on a whole line of pneumatic tools. After two years of testing and redesigning and testing again Porter-Cable is proud to introduce their new line of pneumatic tools. The PTD381’s highly polished aluminum body combined with black accents will grab your attention, but the features packed into this small package will surprise you. The...
Dallas-based Centex Corporation announced Fortune has ranked the company No. 1 in the home building industry on the magazine’s annual list of “America’s Most Admired Companies.” This is Centex’s fifth No. 1 ranking in the last eight years on the Fortune list, ranking No. 1 three of those years in engineering and construction, and No. 1 two of those years in home building. Fortune selects “America’s Most Admired...
After Porter-Cable captured the lion’s share of the pneumatic nailer business it seemed natural to focus on a whole line of pneumatic tools. After two years of testing and redesigning and testing again Porter-Cable is proud to introduce their new line of pneumatic tools. The PTD381’s highly polished aluminum body combined with black accents will grab your attention, but the features packed into this small package will surprise you. The...
India has been one of the buzzwords in the machine tool industry for the past month or so as a number of new investments have been announced. These investments include investment plans of at least eight international companies in the industry. According to a report by Indian business daily Business Standard, the US-headquartered MAG Industrial Automation Systems has set up a subsidiary, while Heller from Germany, and MAUS and Rosa Ermando from Italy,...
ToolKing.com, a premier website and distributor of consumer, professional, and industrial tools, announced today that they have expanded their Jet Tool product line as part of their strategy to become the internet’s most comprehensive supplier and distributor of tools. Managing Partner, Don Cohen, commented “Our 2007 growth plans include becoming the strongest internet retailer in the tool business. To do this we must continue to expand...
Research and Markets (http://www.researchandmarkets.com/reports/c50004) has announced the addition of “Agri-Machinery Dealers – Portfolio Analysis” to their offering The “Agri-Machinery Dealers – Portfolio Analysis” is a comprehensive evaluation of the UK agri-machinery dealers market. The revised and updated 2007 edition analyses the financial performance of the agri-machinery dealers important to the success of your business....
Peter Chatel has been named President and Chief Operating Officer of WMH Tool Group, Inc., a subsidiary of Switzerland-based WMH Walter Meier Holding AG. WMH Tool Group is a leading manufacturer and marketer of industrial metalworking and woodworking machinery, material handling equipment, work-holding tools, air tools and hand tools. Chatel most recently was Vice President and General Manager of North American Operations for Rothenberger LLC, a manufacturer...
Austro Group made its debut on the main board of the JSE at R1,62 today and quickly forged above R1,80 – an 80% premium to the R1 at which shares were placed ahead of the listing. That price gave the company a market capitalisation of R590,9m a distinct premium on the R400m estimated by the promoters before the listing. The company imports and distributes woodworking machinery and aims at headline earnings of R33,4m in the year to August 2007 –...
David Simonian, CFO, explained some of the problems Simmons experienced running an old, non-integrated Dbase system. “Each department had its own mini-system. The same data was entered multiple times—engineering, purchasing, job costing, and accounting. It was very difficult to extract any meaningful information to run the business,” he said. Simmons had known about Encompix for several years. “We looked at Encompix many years ago, but were...
Scott Box wouldn’t mind if Murfreesboro acquired the nickname Steel City. That would mean the power tool and machinery manufacturing company he helped form and headquartered in Murfreesboro less than two years ago had made its mark in the competitive tool market. Steel City Tool Works, founded in 2005, is a privately held company with an investment group led by Box and Mark Strahler, both long-time executives in the machinery industry, who grew...