DMG Mori announces record figures

DMG Mori has released record Q1 figures in order intake, sales revenues, earnings and free cash flow.

Order intake rose in the first quarter by 18% to €821.8m (previous year: €693.9m). Thus, for the first time, orders in a quarter were more than €800m. Sales revenues of €581.8m were 9% above the previous year (€533.9m), while EBIT rose by 20% to €41m (previous year: €34.3m). In addition to the good results of operations, the financial position also developed positively: free cash flow improved by €130.6m to €13m (+111%; previous year: €-117.6m). For the first time in the company’s 148-year history, free cash flow is already positive in the first quarter.
For further information www.dmgmori.com

Charity climb raises over £2500

Leicestershire-based sheet-metal manufacturer JC Metalworks has raised over £2500 for Rainbows Hospice for Children and Young People by trekking Snowdon.

The team of 22 from JC included employees, directors, partners, subcontractors and even family, friends and children. Nick Oakland, managing director of JC Metalworks says: “Everyone completed the challenge and we were blessed with truly beautiful weather, with Snowdon even letting us take advantage of the fabulous views at the top.” It took the team about 4 hours to get up and 2 hours to get down. For those wanting to sponsor JC Metalworks please visit the web address below.
For further information www.justgiving.com/company/jcmetalworks

Demonstrating potential for productivity

More than 200 visitors from around the world are expected to visit this year’s Turbine Technology Days at Starrag’s headquarters in Switzerland on 19-20 June, when Starrag and Haimer will be presenting a host of developments for increased efficiency and reliability in turbine production.

A number of demonstrations will be presented, including a new machine for blisk production; the machining of stator segments in one set-up rather than four; how adaptive machining strategies eliminate ‘air cuts’; and tool shrinking, balancing and pre-setting technology integrated into an Industry 4.0 environment.
The keynote speaker Dr Francesco Parisi, general manager of Italian turbine manufacturer Pietro Rosa TBM, will provide an insight into the company’s production activities. Starrag’s Turbine Technology Days are also supported by specialist partners, and there will be the opportunity to visit Haimer to see production processes at its plant in Bavaria. UK aerospace professionals interested in attending the event should email the contact below.
For further information lee.scott@starrag.com

XYZ continues to spread the 3D message

Following the success of its 3D-printing seminar in collaboration with HP and other specialists in the additive manufacturing sector at its Devon headquarters, XYZ Machine Tools has announced a second seminar at its Nuneaton Technical Centre on 5 July.

Those attending will get a detailed insight into the potential offered by the HP Multi Jet Fusion technology as a production tool.
The seminar is scheduled to run for around two hours and will include presentations from experts in the field of 3D printing, including HP and Siemens. Space is limited, so anyone wishing to attend should register their interest by visiting the company’s website and completing the online form on the home page.
For further information www.xyzmachinetools.com

Club of Metalworking goes live

The VDW’s new Club of Metalworking is free to join.

Those signing up receive a welcome pack, membership card and regular newsletter, while the club automatically provides free-of-charge season tickets for the EMO and METAV trade fairs. In addition to free use of the public transport network at the exhibitions, members can also enjoy accelerated admission, the cloakroom and the Club of Metalworking’s lounge. What’s more, exclusive club meetings provide opportunities for networking. Launched last week, within a few hours more than 1000 registration enquires were received from all over the world.
For further information www.clubofmetalworking.de