NEWS
counting for a market share of over 21% and is expected to grow at a CAGR of 10.4% during the forecast period, while the con-
Metal Powder Report Volume 71, Number 6 November/December 2016
sumer electronics and IT sector is one of the fastest growing segments in the market, growing at a CAGR of more than 11%
and is anticipated to account for a market share of almost 20% by 2020. Technavio; www.technavio.com
Bodycote acquires Nitrex Metal Technologies
NEWS
Bodycote has acquired Nitrex Metal Technologies, a specialist in gas nitriding and ferritic nitrocarburizing in both batch and continuous forms. The addition of Nitrex Metal Technologies to the Bodycote Group will reportedly broaden the range of thermal processing
services that Bodycote offers, which range from atmosphere heat treatments like batch IQ, vacuum, and induction to technologies such as LPC, BoroCote, and Corr-I-Dur. ‘Nitrex Metal Technologies is a great addition to the Bodycote Group,’ said Dan McCurdy, president of Bodycote
Automotive and General Industrial Heat Treating in North America and Asia. ‘Along with the rest of Bodycote’s existing service offerings, this acquisition really cements our position as the go-to expert source for all things nitriding.’ Bodycote; www.bodycote.com
Surface finishing association forms technology partnership The US National Center for Manufacturing Sciences (NCMS) has entered into a new partnership with the National Association of Surface Finishing (NASF) to help improve the National
Finishing Resource Center Metal (NMFRC). The new partnership will allow the NMFRC, an on-line resource for environmental compliance assistance for metal
finishers, to grow and provide new features and content. The new relationship will provide also NASF members with more access to NMFRC resources. NMFRC; www.nmfrc.org
‘Our business was formed nearly two years ago through a combination of three metal-forming technology manufacturing companies,’ said MPG CEO George Thanopoulos. ‘Integration has gone exceptionally well and exactly as planned. As such, we can now take the next step to brand ourselves solely as MPG.’
Reorganizing to one brand reflects one unified organization, although all the legal entities and reporting segments in the company will remain intact, the company said.
MPG to consolidate brands Metaldyne Performance Group (MPG), a provider of PM components for use in powertrain and suspension applications, plans to consolidate its portfolio of metalforming brands. These include HHI, Grede, Cloyes, Metaldyne, Jernberg, Impact Forge, NovoCast and FormTech.
MPG; www.mpgdriven.com
MPG opens second manufacturing plant in China Metaldyne Performance Group Inc is expanding its Suzhou, China operations with a second manufacturing plant. The 45,000 ft2 building will support growing business from MPG’s vibration control systems division in the region, including rubber dampers, viscous dampers, balance shaft systems and damped gears. The MGP China team has already moved a rubber damper and viscous damper line
from its existing plant in Suzhou to the new plant with a third line to be transferred in the next year. These transfers will free space in the original plant for the growing business of MPG’s other global divisions, such as powder forged connecting rods, netshaped cold and warm forged components and aluminum valve bodies. ‘MPG is confident in this capital investment in Suzhou,’ said George Thanopoulos,
MPG’s CEO. ‘Our China team has proven itself with a strong performance record, and continued growth in the China market is an important part of MPG’s long-term strategy.’ Customers for the new plant are SAICi General Motors (SGM), Dongfeng PeugeotCitroe¨n Automobile (DPCA), CAF (Changan Ford Automobile), and Cummins. MPG; www.mpgdriven.com
Morgan and Penn State to establish Carbon Science Center of Excellence Materials specialist Morgan Advanced Materials plans to create a Carbon Science Center of Excellence at Pennsylvania State University, USA, aimed at driving global
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developments in the field of carbon research. According to Mike Murray, CTO at Morgan Advanced Materials, the new Center of
Excellence would be located in Innovation Park at Penn State. Over the course of three years, Morgan is expected to make a multimillion-pound investment in the center,