03/02/2012
HAAS CNC machinery is the answer for Vasantha Tool Crafts
Since it was established just 16 years ago, Hyderabad-based Vasantha Tool Crafts Pvt Ltd has grown
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02/02/2012
Precision Aerospace Acquires Tornos Turning Centre
The aerospace manufacturer that produces components for actuators, filter systems, motors, generator
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27/01/2012
Ryetools upgrades with Kellenberger CNC
Ryetools Limited, the Pickering, North Yorkshire based specialist in manufacturing plastic injection
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24/01/2012
Award winning W H Rowe Ltd Produce 3 part cast for specialist downhill racing bike using Dugard machine tool technology
Winners of the 2011 Component of the year award in the UK Cast Metals Industry Awards they were
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Chinese machine tool demand 'set to increase'
Story added 05 November 2008.
The machine tools market in China is set to increase 13 per cent annually through to 2012, according to research.
As a result of this,
machine tool dealers could see more deals with
machining centres in China.
Reportlinker.com states that Chinese demand for machine tools is supported by rapid growth in durable goods production and electrical goods.
A rise in demand for higher-value
CNC machining tools will also boost the overall market, it explains.
Metalhyphencutting machine tools will be the fastest-growing product category, the report predicts, benefiting from improving
CNC machining technology.
Furthermore, imports of machine tools are expected to rise 12.2 per cent annually and account for nearly 30 per cent of total product demand in 2012.
Exports are also predicted to climb, driven by improved production standards in areas such as
CNC machining tools.
The machine tools industry is growing in a number of Gulf states, MidTech Engineering Solutions stated this week.
General manager G K Menon said there are huge opportunities for manufacturing facilities.
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Machine Tool Manufacturers' CNC Machines.
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