Archive for July, 2008

GGICO Acquires a Leading Process Equipment Manufacturing Co.

Thursday, July 31st, 2008

GGICO Acquires a Leading Process Equipment Manufacturing Co.

Gulf General Investment Co. PSC (GGICO) announced acquisition of Quality International Co. Ltd., the region’s leading Engineering company specialized in the manufacturing of Process equipments for the Oil & Gas, Petrochemical, Chemical & Paint, Power & Desalination, Water & Food Processing industries. Quality international Co Ltd is accredited with ISO 9001:2000 and also with ASME “U”& “S” Stamps and National Board “NB” and “R” certifications.

“This acquisition is part of our on-going growth and is in-line with the Board of Directors approval for acquisition,” commented Mr. Mohammed Abdalla Juma Al Sari – Managing Director of GGICO and the newly appointed Chairman of Quality International.

Quality International specializes in Design, Detailed Engineering, Procurement, Fabrication, Supply and Site Installation of process equipments like Pressure Vessels, Reactors and Columns, Heat Exchangers, Skids mounted packages, Piping system and Piping Spools and all types of Tanks and Tank farms. Construction materials include Carbon Steel, Stainless Steel, Duplex & Super Duplex, Alloy Steel, Clad Material, Inconel, Monel etc.

“Joining with a reputable leading group like GGICO helps us to attain our target to continue growing on a global scale,” added Mr. Shashi Ramakrishnan – Managing Director of Quality International.

GGICO is a Dubai Financial Market listed public shareholding company with widely diversified activities through its 30 subsidiaries and affiliates. The group has interest in manufacturing & industrial, investment & brokerage, real estate, insurance, retail, trading, transport, services and hospitality. GGICO has been rated by Fitch and Moody’s.

BSNL seeks global bids for manufacturing equipments

Thursday, July 31st, 2008

NEW DELHI: Confronted with perennial shortage of modems and other broadband equipment, state-owned BSNL is exploring the possibility of setting up a joint venture for manufacturing these products. The PSU has invited tenders from all global equipment majors to enter into a JV for setting up manufacturing facilities in India.

If such a partnership is successful, it will mark the PSU’s first joint venture with an international telecom major. At present, BSNL is the only service provider that runs manufacturing facilities also, but its factories are in a state of disarray as it lacks technology to compete with global hardware majors.

BSNL has set a couple of riders. First, it will enter into a JV with only those hardware majors who have a minimum turnover of over Rs 1,000 annually. Second, the PSU has also decided that the global major should be a full-fledged player with expertise in design, development, manufacturing, supplying and marketing of internet equipment for at least three years.

“These are to ensure that we do not get into tie-ups with contract manufacturers. Besides, the company should have a track history of manufacturing and supplying at least five million modems during the last three years,” a BSNL source said. ET has also learnt that BSNL has got several offers from several telecom hardware makers. “We are studying some the proposals to see if they are viable,” a top BSNL executive added.

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Sources said that BSNL was evaluating if its existing units can be revived for this project. BSNL has seven factories across the country and has been exploring opportunities to revive its manufacturing arm - the PSU has been scouting for JVs that will so that these centres can make equipment based on the latest technology.

At present, these factories use make coin box telephone for PCOs and optic fibre cable accessories for fixed line operations.As reported first by ET, BSNL had earlier tried to get into a JV with Chinese equipment major ZTE to revive its Kolkata plant but the project has failed to take off for two reasons - ZTE ‘s failure to obtain the Foreign Investment Promotion Board’s clearance for expanding its Indian operations, and the concerns raised by intelligence agencies on the Chinese company being a security threat to the nation.

IndustrialSAVER Launches Site to Connect Machine Tools Buyers and Sellers Worldwide

Thursday, July 31st, 2008

IndustrialSAVER, publisher of an national auction directory and classifieds for the manufacturing and construction community has launched a new B2B marketplace to connect buyers and suppliers of new, pre-owned and refurbished machine tools at http://industrialsaver.com/classifieds/index.php/cat/3. According to Conrad Bailey, a company spokesperson, the site is designed to assist companies in the market for all kinds of standard and CNC machines as well as other metalworking and other manufacturing machinery from suppliers in national and international markets.

Bailey said the types of machine tools available on IndustrialSAVER.com, a division of the Industrial Leaders Group (ILG) includes a variety of machining centers, punches, grinders, CNC machines, lathes, milling machines, turning centers, transfer machine, vertical drilling center, transfer machine, presses, toolholding and workholding equipment, honing machine, sawing machinery, bending, slicing, punching, shearing and shaping machines as well as spindles, motors and controls for metalworking, metal fabrication and other manufacturing applications.

Companies in the market to buy and sell machine tools are able to post and explore offers and RFQ’s at http://www.IndustrialSAVER.com/classifieds/. Donald LaBelle, CEO of Industrial Leaders said, “Whether a company needs new, used or rebuilt machine tools, IndustrialSAVER can connect them with the most suitable suppliers able to meet their needs.” He explained, “Every day new offerings and demands for machine tools are posted on IndustrialSAVER for metalworking and manufacturing professionals to access at no charge.”

According to LaBelle, IndustrialSAVER will soon launch a new industrial auctions directory to compliment its Industrial Classifieds Marketplace, which he indicated was created to serve the needs of today’s industrial suppliers and buyers on the Web. “IndustrialSAVER has never been about being the largest or having the most offerings of machine tools or other industrial products. Rather, we prefer to focus on building a more personal, friendly community where engineers and other technical, mechanical and industrial professionals can meet, network and develop mutually beneficial business partnerships.”

LaBelle believes similar to the commercial world today the future of the on-line manufacturing marketplace is in niche communities such as IndustrialSAVER because of its personal approach enabling suppliers and sourcing professionals to participate on a more personal level, which he said is the reason so many large publishers on the Web, in numerous industries, are partnering with smaller, more targeted Web sites.

About Industrial SAVER

IndustrialSAVER.com is an international industrial auction site and on-line auction directory for buyers and suppliers of construction and industrial supplies, machinery and heavy equipment at http://www.IndustrialSAVER.com.

This press release was issued through IndustrialPR. For more manufacturing and engineering news go to http://www.industrialpr.net

New manufacturing software could improve efficiency and productivity

Thursday, July 31st, 2008

A Tower of Babel has been plaguing the manufacturing world for decades, threatening access to a modern day god: data.

And now there may be a solution.

Bottom line, in the manufacturing world (unlike in IT), the computers that operate the machines on the shop floor don’t speak the same language – and getting them to understand each other can cost manufacturing businesses huge amounts of money.

In fact, sometimes the cost of integration has been so great that manufacturers have made do with old technology.

Part of the reason for this lack of a standard form of communication is the tendency of technology firms to want to keep their products secret, for reasons of competitive advantage.

The result has been a major problem for manufacturers.

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“Every time we got a new system in any way, shape or form … nothing would talk to each other,” said Red Heitkamp, director of advanced manufacturing at New Brighton-based Remmele Engineering Inc. “No. 1 is cost and the other part of this that was really negative was that it kept people from buying technologies.”

Not anymore – perhaps.

The trade group that represents the machine tool industry, the Association for Manufacturing Technology (AMT), has asked researchers at the University of Berkeley and Georgia Tech to develop software that will enable manufacturing machines to talk with each other in the same language.

What they are developing is a communication software called MTConnect or Manufacturing Technology Connectivity. And at the International Manufacturing Technology Show in Chicago in September, technology vendors will showcase products layered with MTConnect for the first time.

Experts agree that if MTConnect is widely adopted, the software could provide significant efficiencies both in cost and process for manufacturing businesses.

Refining the software – getting it just right – is expected to cost about $2 million over the next two years, said Paul Warndorf, vice president of technology at AMT.

Here’s how it all works.

Modern machine tools are driven by CNC controllers – computer numerical controllers – that command the movements of machines and other control functions. Every time users need to get information about how a machine is doing, they need to talk to the controller in the distinct language of that specific controller. And since each vendor or model of controller speaks a different language, the only way to get data from multiple machines is to install custom software. That makes data-gathering an expensive and burdensome task.

Enter MTConnect – a software translator of sorts that knows multiple vendor-specific languages and can talk to every machine on the shop floor and glean data from each.

Ultimately, manufacturing companies like Remmele Engineering who make and sell parts can apply MTConnect to develop a centralized control room from which they can obtain data across the entire manufacturing operation. That is the promise of MTConnect.

And it could not have arrived a moment sooner.

The manufacturing industry loses significant amounts of money because of this lack of communicating ability. In fact, a 1999 U.S. Department of Commerce study that looked at the problem only in the automotive industry found that lack cost manufacturers $1 billion in one year.  (A more updated number reflecting the whole industry could not be determined.)

Take Remmele Engineering, for example, which makes parts for a variety of industries including electronics, defense systems, aerospace, medical devices, and semiconductor equipment.

A few years ago the company decided to try and get outside help to find a custom software solution to get better data out of a particular milling machine. They were told it would cost between $10,000 and $20,000, which was too expensive for Remmele Engineering, said Bill Blomquist, senior developer at the firm. The value of the pieces of manufacturing equipment the firm has ranges from $300,000 to $3 million.

So it’s worth it for Remmele to find software that will allow its machines to talk with each other – and capture data in real time. As a result, Blomquist and Heitkamp are both looking forward to seeing how MTConnect-compliant products work at the IMTS show in Chicago from Sept.8-13.

“(Now) we cannot make decisions on a process as it happens and we have to just argue about whether it was a good process or is the machine laboring too much and making unnecessary moves – and this is all opinion,” Blomquist says. “When you have unambiguous data, there is no arguing.”

So why has it taken until 2008 for a standard to start emerging that many believe could be widely adopted?

“Because in the machine tool industry everybody was more inclined to have their own secrets … and they held them as trade secrets,” Heitkamp said.

ATM’s Warndorf doesn’t disagree.

“Our industry is one which was very much a cottage industry and everybody had their own products and techniques for doing things, so therefore we could never get everybody together to do this,” Warndorf said.

Not everyone agrees the long delay was due to technology vendors wanting to keep things secret.

John Turner is manager of CNC engineering and solutions at GE Fanuc, a joint venture between General Electric and Fanuc in Japan; GE Fanuc is the largest seller of CNC controls to users. And Turner believes standards did not gather steam in the past because one group or the other had more to gain – typically, one technology vendor would be pushing its standards on the whole industry.

“(With MTConnect, the effort) is being driven by an industry organization that has nothing really to gain out of it other than for the overall benefit of its members,” Turner said. “So it’s not one-sided.”

The September IMTS show will allow technology users to view how equipment works in an MTConnect environment. Warndorf of AMT said attendees can come up to a kiosk area with touch screens and get data from equipment both stationed at the show and in remote locations.

“It’s proof of concept,” Warndorf said.

Heitkamp acknowledges it may be too early to estimate the cost-savings that MTConnect will bring, but he believes it will be significant. He’s also cautiously optimistic that the standard will be widely adopted.

“This is catching speed faster than anybody thought it would,” Heitkamp said.

R.P. Machine Enterprises, Abundant Manufacturing announce new acquisitions

Sunday, July 27th, 2008

Record-high gas prices have caused problems for many consumers and businesses, but the current economic downturn has provided new opportunities for two Statesville manufacturers.

Sister companies R.P. Machine Enterprises and Abundant Manufacturing recently announced new acquisitions within weeks of each another.

The CEO of both companies, Richard Piselli, announced R.P. Machine had purchased Fletcher Machine Co., a production woodworking machine manufacturer in Lexington. Six weeks earlier, Abundant Manufacturing bought Hanover Gear in Hanover, Pa.

“We are in a market that goes against the grain,” CFO Greg Watson explained.

The majority of Abundant’s business involves producing gears for off-highway vehicles, particularly in the mining industry. Meanwhile, part of R.P. Machine’s business is to provide machinery for the windmill industry to make the engines that harness wind energy.

“If you are producing or manufacturing something in the alternative energy line, you are in an area where everyone has growth where everyone else is declining,” Watson said. “Those areas are growing. Wind energy is expected to grow from 2 percent to 20 percent.”

Piselli, the sole owner of R.P. Machine and part-owner of Abundant Manufacturing, said recent acquisitions will allow the company to continue the growth it began in 2005.

Since then, the company has experienced significant growth as it expanded its offering in off-highway gears, began remanufacturing and retrofitting large gear machinery and became a serious player in wind energy products.

By adding R.P. Fletcher, the company has positioned itself to welcome back some of the middle-end furniture companies that moved their operations to Asia and the Middle East.

“Most people don’t realize that the price of fuel and energy is forcing middle-end furniture manufacturers back into U.S. markets and many companies are reconsidering their decision of maintaining facilities in Asia,” Watson said. “Now it is getting much more expensive to go back and forth. It makes more sense.”

According to a news release, the newly named R.P. Fletcher Machine Co. will bring in an additional 25 percent in revenue to R.P Machine Enterprises and an additional 15 percent to the overall company.

The new acquisitions will add 52 employees to R.P. Machine/Abundant Manufacturing’s payroll as well as the machinery, equipment, inventory, trade name and all the existing business.

The Lexington facility where the production is currently housed was not a part of the deal. However, production will remain in Davidson County.

John B. Marek, business retention & expansion coordinator for the Greater Statesville Development Corporation, said R.P. Machine’s recent expansion is a sound investment.

“I think you’re going to see a lot of that manufacturing come back over here,” Marek said.

Marek said Watson and Piselli are an aggressive management team that has been able to take advantage of different business opportunities in the past.

“I think they have put themselves in a position to be on the cutting edge,” Marek said.

Chinese company to power RPL equipment plan

Sunday, July 27th, 2008

 NEW DELHI: In what could be a direct challenge to BHEL, the state-run monopoly in the power equipment space, Reliance Power is set to enter the sector in collaboration with the $7-billion global major Shanghai Electric to manufacture boilers, turbine and generators. The proposed manufacturing unit would involve a total investment of about $3 billion and is proposed to be in place by 2010.

The Chinese company has an annual manufacturing capacity of 35,000 mw, more than triple of BHEL’s capacity. To put things in perspective, India added generation capacity of about 21,000 mw during 2002-07. The 50:50 joint venture is being set up to cater to the growing domestic demand and neighbouring markets. Shanghai Electric has acquired technology from Alstom and Siemens for its boiler, turbine and generator facilities. The company was the turnkey contractor for the Anil Ambani group firm’s Yamunanagar power project.

The two companies have signed an agreement and are expected to finalise the terms and contours of the JV within six months. The two companies are in discussions to finalise the location for the plant, which is likely to be set up near Krishnapatnam in Andhra Pradesh on the eastern coast, where Reliance is setting up its second ultra mega power project.
Sources in the know of the development said the plant is likely to have annual manufacturing capacity of 10,000 mw to start with.

Reliance’s foray into equipment manufacturing is a part of its backward integration plans in the energy space. The company is setting up two ultra mega projects, apart from a 1,000 mw thermal power plant at Rosa, Uttar Pradesh.

Reliance’s move comes at a time when several private firms are setting up manufacturing facilities to keep pace with the capacity addition plans. Larsen & Toubro and JSW are among the few who have tied up with global players to set up equipment facilities. Lack of manufacturing capacity has been identified as one of the major factors leading to the power shortages. The entry of private players will pose a serious threat to BHEL, which has been the dominant player in the market.

Industry analysts say India would require to ramp up its equipment manufacturing facilities by another 10,000-15,000 megawatt annually if it has to keep pace with the planned generation capacity programme.

Article Resource:http://economictimes.indiatimes.com/News_by_Industry/Chinese_co_to_power_RPL_plan/articleshow/3272010.cms