Omax to join with Hypertherm

Abrasive waterjet machine specialist Omax Corporation plans to join forces with Hypertherm, a US-based manufacturer of industrial cutting systems and software.

The move follows the signing of a definitive merger agreement that establishes Omax as a wholly owned subsidiary of Hypertherm. Upon the closing of the transaction, expected on or around 9 April, Omax’s direct-drive pumps, software and applications technologies
will combine with Hypertherm’s complementary portfolio of intensifier-based pumps and abrasive recycling systems to form a significant waterjet technology offering.
For further information www.omax.com

Seco names new president and CEO

Fredrik Vejgården has been appointed by Seco Tools as the company’s new president and CEO. Since 2015, Vejgården has been vice president – strategy and business development at Sandvik Machining Solutions (SMS), where he has been driving the development of the SMS strategy and building the foundation for a new digital division.

Prior to this role, Vejgården worked at Luvata for 10 years, where he held different executive positions responsible for business operations in the UK, Americas and China. Vejgården also has a background as a management consultant at McKinsey & Co, with a focus on operational topics such as lean manufacturing and procurement.
For further information www.secotools.com

WorldSkills announces 2019 team

The UK’s best and brightest young skilled apprentices and students have been selected to represent all four nations in Team UK at the ‘Skills Olympics’ in Kazan, Russia (22-27 August).

More than 30 young professionals from sectors such as engineering, construction, and digital and IT, have cleared the highest hurdle in a two-year challenge to be the best in the world. These skilled young people have already triumphed in regional and national competitions and had one more momentous obstacle to overcome at team selection events the length and breadth of the UK. The results were revealed at Loughborough University.
For further information www.worldskillsuk.org

Lantek growth

A specialist in software and solutions for the sheet metal and fabrication industries, Lantek, reached a turnover of €19.25m in the 2018 fiscal year, a 10% increase in comparison with the previous period.

The company’s customer base also continued to grow, with 1,886 new clients bringing its total client portfolio to 21,884 in over 100 countries on five continents. In Lantek’s home country of Spain, the number of customers was around 2,000, while turnover was €2.72m. The markets that progressed best last year were Germany, with 32% growth, followed by China at +30.7% and the US with 11.3% growth.
For further information www.lanteksms.com

Citizen appointment

Owen Gibbons has been appointed by Citizen Machinery UK to take over the role of European sales manager with immediate effect.

Based at the firm’s Bushey headquarters, showroom and technical centre, he is responsible for supporting the activities of the dealer network that markets and sells Cincom sliding-head and Miyano fixed-head turn-mill centres into countries around Europe. In addition to the UK and Ireland, Citizen Machinery UK is currently responsible for sales in France, Spain, Portugal, Scandinavia, the Middle East and Africa.
For further information www.citizenmachinery.co.uk