EDITORIAL ROUNDUP

ETG expands its offering

CNC machine tool supplier, the Engineering Technology Group (ETG), has formed a new business division for fabrication. Always intent on meeting market challenges, the new ‘Fabrication Division’ will provide turnkey solutions for the fabrication industry with the VLB Group as one of its partners.

As with all solutions and services from ETG, the company has no interest in ‘shifting boxes’, so the new Fabrication Division will be headed up by Andrew Smith Hughes who joins the ETG family with more than a decade of expertise in delivering turnkey solutions to the marketplace. The new Fabrication Division will incorporate a range of technologies that include tube bending, flat-bed laser cutting and cold roll forming to list but a few, with ancillary fabrication product lines also available to support manufacturers.

For further information www.engtechgroup.com 

Strong end to 2023 at UR

Universal Robots, the Danish collaborative robot (cobot) company, has reported Q4 revenue of $103m, up 21% on Q4 2022. The quarter was the company’s largest revenue quarter to date.In 2023, Universal Robots experienced strong demand for the first of its heavypayload cobots, the UR20, particularly for palletising and welding applications. In November, the business launched the second model in its new series of cobots, the UR30, which will make new automation possibilities available to customers. The UR20 and UR30 together represented 30% of Q4 revenue.

For further information www.universal-robots.com

CMZ turns over £110m

Spanish lathe builder CMZ says it exceeded all forecasts by achieving a turnover of £110m in the 2023 financial year. Equating to 549 machines delivered at an average delivery rate of 2.52 lathes per day, this historic milestone means the company has beaten all the goals set by its 2021-2023 strategic plan. This plan set out CMZ’s ambition to reach £100m turnover by the end of 2024. Hence, not only has the company beaten this goal by 10%, it has also achieved it a year ahead of schedule. Some 75% of the 549 machines delivered were exported to other countries.

For further information www.cmz.com

UK demand for VERICUT drives changes

Due to continued expansion of the VERICUT user base and increasing demand for CGTech’s CNC machine simulation, verification and optimisation products, the software company has restructured its UK sales operations and expanded its technical support division.Jonathan Hollinworth, formerly UK technical support engineer, moves into a sales position delivering technical sales to existing and prospective customers in the north of England and Scotland.CGTech has also appointed two new technical support engineers: James Williams and Paul Goodson. Bothhave already completed intensive initial training.

For further information www.cgtech.co.uk

New CEO at Sheffield Forgemasters

The board of directors at Sheffield Forgemasters has appointed a new CEO as David Bond plans to step down.Gary Nutter will take full responsibility in March, bringing with himsignificant experience of global business leadership. Nutter most recently served as CEO and director of aerospace engineering group RLC Aerospace Ltd, following careers at Kongsberg Marine Ltd and Rolls-Royce Plc.He will join a strong and experienced board of directors to deliver the recapitalisation programme, which is now taking physical shape as Sheffield Forgemasters preparesits site for new, large-scale manufacturing facilities.

For further information www.sheffieldforgemasters.com