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CVRD
Completes Ore-Price Negotiations with ThyssenKrupp
CVRD, the world's
largest iron-ore miner, has finalized its 2006 supply-price negotiations with
Thyssen Krupp Stahl AG, Germany's largest steel maker. The Brazilian group
stated its price for ore fines is due to increase by 19% over the 2005 price,
while blast furnace pellets will be reduced 3% in price. Read more
Manufacturing Output Rises; Operating Rate Above Long Run Average
U.S. factory output
increased seven-tenths of a percentage point in April, the second consecutive
monthly increase this year, the Federal Reserve reported on May 16. Its index
for manufacturing production now stands at 114.3 (2002=100) and is 5.5% above
the index figure for April 2005. In contrast, neither utility nor mining output
has fared as well year-over-year. Mining output declined three-tenths of a
percent between April 2005 and April 2006, while utility output rose 2.5%.
Read more
Infor Acquires SSA Global
The contest to see who
could acquire more supply chain software companies -- SSA Global or Infor --
has come to an end, with Infor declared the winner by virtue of its acquiring
SSA Global for roughly $1.4 billion ($19.50 per share). Both companies are
providers of extended enterprise solutions, primarily for the manufacturing and
distribution industries.
Read more
Dassault Systemes Acquires MatrixOne
Dassault Systemes, a
producer of 3D and product lifecycle management (PLM) products based out of
Paris, France, has acquired MatrixOne Inc., a provider of collaborative PLM
solutions. The all-cash purchase price was $410 million in the aggregate,
before reflecting cash balances and estimated tax benefits.
Read more
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PracticalMachinist.com,
the official online bulletin board and discussion forum for American Machinist.
PracticalMachinist.com is the leading online discussion forum for the
metalworking community.
CNC Machining -- My new Mini Mill is here
My mini mill arrived yesterday... Thanks to everyone that has answered all of my
questions and helped make this a reality!
Read
more.
CAD/CAM -- SolidCam users
"Is there anyone that can give me some feedback on SolidCam? ... How does
SolidCam compare to the other cam packages?"
Read
more.
EDM Machining -- What speed with what machine is the fastest?
"I am wondering... what is the fastest cutting machine?"
Read
more.
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PracticalMachinist.com.
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Cutting
Tool Central Provides Valuable Online Resources
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Detailed
cutting tool information, including basic articles on cutting tools, is
available online at Cutting Tool Central (www.cutting-tool.americanmachinist.com),
AmericanMachinist.com's microsite dedicated to cutting tools. The site also
includes up-to-date cutting tool articles and a directory to cutting tool
suppliers. Cutting Tool Central's cutting tool selector enables manufacturers
to select a preferred tooling supplier based on their specific needs, including
cutting tools for a range of carbon steels, alloy and tool steels and stainless
materials.
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