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Proto Labs completes RAPID acquisition deal
Proto Labs completed its acquisition of privately held company Rapid Manufacturing Group LLC (RAPID), a New Hampshire (USA) based custom parts supplier specialising in quick-turn sheet metal fabrication and CNC machining. With the acquisition, Proto Labs will be able to offer its customers another quick-turn manufacturing service while expanding its CNC machining capabilities.Read more
Reliable Hydraulics accessorial solutions
New HCX-PT and HCV-E column level indicators offered by Elesa+Ganter as components dedicated to hydraulics.Read more
Aye Finance disburses Rs 700 crores loans to MSMEs
The Gurgaon-based FinTech has disbursed 60,000 loans and emerged as a leading MSME lender in India.Read more
Emerson acquires Aventics for Euro 527 million
The US-based technology and engineering major Emerson has agreed to acquire Aventics from Triton for a cash purchase price of Euro 527 million.Read more
Rs 300 million debt from SBI to Aye Finance will benefit the MSME sector
Aye Finance, one of the upcoming money lenders of Micro, Small and Medium Enterprises (MSME) has raised Rs 300 million from SBI recently. The startup will be focussing to offer an affordable line of credit to the micro and small enterprises.Read more
Beckhoff to showcase its PC-based control technology at Achema 2018
At Achema 2018, leading trade show for the process industries (June 11-15, Frankfurt, Germany), Beckhoff will present its open PC-based control technology for all vertical process industry markets.Read more
Industry 4.0 model could be achieved in a series of steps: Siemens report
A new research paper released by Siemens Financial Services (SFS) titled 'Practical Pathways to Industry 4.0' has identified six key challenges facing manufacturers in the process of moving to an Industry 4.0 model. The research paper also found that digital skills and access to finance for digital transformation are the top two challenges to a successful transition.Read more
Maharashtra offers easy access to skilled manpower
Germany-based Leadec provides technical services to automotive and manufacturing companies to make their production better and more efficient. Sudhir Gurtoo, Managing Director, Leadec India Pvt Ltd, has been instrumental in setting up the company in India in 2009. In conversation with IPF, he explains advantages offered by Maharashtra to manufacturing industry and how companies can improve efficiency.Read more
Tips to save energy in furnace operation in rolling mill
In this article, S P Shenoy shows how significant savings in fuel consumption can be achieved in a hot rolling mill by adopting a technique developed by an Indian company. The process involves improving thermal shock cracking resistance of refractory lining, emissivity enhancement, improved corrosion resistance and preventing carbon deposits on the burner blocks. Hot rolling involves plastic deformation of heated metals and alloys into flat products (slabs, plates) or long products (wire rods, Read more
Canadian Solar commissions a 35MWp open access solar project in India
Canadian Solar Inc., one of the world's largest solar power companies, announced that its 35 MWp commercial and industrial (C&I) solar portfolio in the state of Karnataka, India reached commercial operation in March 2018.Read more