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Dynacast acquires Tek-Cast Inc
NEWS
Metal Powder Report Volume 71, Number 2 March/April 2016
Magna announces closing of Getrag acquisition Magna International Inc has completed its acquisition of the Getrag group of companies, a supplier of automotive transmissions. In particular, Getrag is a leader in the market for dual-clutch transmissions (DCTs), a segment which is expected to experience high growth globally over the next decade. Getrag has an 80-year history in transmissions and technology, offering a range of transmission systems including manual,
automated-manual, dual-clutch, hybrid and other advanced systems. ‘Expanding our business to provide complete powertrain solutions has been a strategic priority for us,’ said Jake Hirsch, Magna Powertrain president. ‘We believe that Getrag is an excellent fit in terms of product, technology, footprint, customers and people and look forward to working together to continue building on their history of innovation.’
‘Under Magna’s ownership, Getrag is well positioned to become even stronger,’ said Getrag CEO Mihir Kotecha. ‘I expect that the combined businesses will be even better positioned to realize opportunities being created in the powertrain segment by the need for improved fuel efficiency and reduced carbon emissions.’ Magna International Inc; www.magna.com
NEWS
World’s biggest steel powder plant proposed French-based gas atomizer Metalvalue SAS and Belgian aerospace specialist ASCO Industries have reportedly joined forces to create a new company, Metalvalue Powder, to make gas atomized steel powder. The companies claim that the powder atomizing plant will be the biggest in the world and will allow France to take a leading position in the sector. The powder will be used for existing processes already on the market as well as for Metalvalue’s MMS-Scanpac process, in which gas atomized spherical powder is agglomerated and sieved before pressing.
The companies claim that the powder atomizing plant will allow France to take a leading position in the sector.
The companies are still researching sites for the powder atomization plant while negotiations are also ongoing with additional investors and banks to complete the financing of this project. Metalvalue has also installed in France a plant to make metallic parts in Etain, France. This plant will double the production capacity of the already existing Swedish plant run by Metalvalue subsidiary Bofors Bruk. Several companies have already secured a license for the new MMS-Scanpac process and will be customers of the Metalvalue Powder steel powder production. Metalvalue SAS; www.metalvalue.fr
Dynacast acquires Tek-Cast Inc Dynacast, a manufacturer of precision metal components, has signed an agreement to acquire Tek-Cast Inc/MH Machining Group, based in Illinois, USA. The acquisition and the addition of the Tek-Cast team expands Dynacast’s multislide zinc, aluminum and CNC machining capacity in North America, the company said.
‘Dynacast has a rich history of continuously refining our proprietary manufacturing technologies, in-house tooling expertise, and innovative design processes,’ said Simon Newman, chairman and CEO of Dynacast. ‘It means that today, we can manufacture highly complex metal components in a fast, repeatable, and precise manner. We
look forward to bringing added insight and capabilities to Tek-Cast’s customers. Additionally, this acquisition is the first step of many more to come over the next year or two.’
Dynacast; www.dynacast.com
Powder specialist awarded lifetime award Dr John Carson, president of Jenike & Johanson Inc, an engineering consulting firm specializing in the storage, flow and processing of powder and bulk solids, has been awarded the American Institute of Chemical Engineers 2015 Particle Technology Forum award. The Award recognizes a forum member’s lifetime outstanding scientific/technical contributions to the field of particle technology, as well as leadership in promoting scholarship, research, development, or education in this field. ‘John Carson has provided outstanding leadership to the bulk solids handling community for many years,’ said Timothy A. Bell, engineering fellow, DuPont Particle 72
Technology Group. ‘Recognition of his contributions to technology, teaching, mentoring, and ASTM standards was long overdue.’ Dr. Carson is an author of more than 140 articles on various topics dealing with solids flow, including bin and feeder design, flow of fine powders, design of purge vessels, and structural failures of silos, he also lectures extensively on these and related topics. Besides being a founding member of AIChE’s Powder Technology Forum, Dr Carson belongs to ASME, ASCE, and ASTM International, where he is chair of subcommittee D18.24, ‘Characterization and Handling of Powders and Bulk Solids.’ Jenike & Johanson Inc; www.jenike.com
Metal Powder Report Volume 71, Number 2 March/April 2016
Magna announces closing of Getrag acquisition Magna International Inc has completed its acquisition of the Getrag group of companies, a supplier of automotive transmissions. In particular, Getrag is a leader in the market for dual-clutch transmissions (DCTs), a segment which is expected to experience high growth globally over the next decade. Getrag has an 80-year history in transmissions and technology, offering a range of transmission systems including manual,
automated-manual, dual-clutch, hybrid and other advanced systems. ‘Expanding our business to provide complete powertrain solutions has been a strategic priority for us,’ said Jake Hirsch, Magna Powertrain president. ‘We believe that Getrag is an excellent fit in terms of product, technology, footprint, customers and people and look forward to working together to continue building on their history of innovation.’
‘Under Magna’s ownership, Getrag is well positioned to become even stronger,’ said Getrag CEO Mihir Kotecha. ‘I expect that the combined businesses will be even better positioned to realize opportunities being created in the powertrain segment by the need for improved fuel efficiency and reduced carbon emissions.’ Magna International Inc; www.magna.com
NEWS
World’s biggest steel powder plant proposed French-based gas atomizer Metalvalue SAS and Belgian aerospace specialist ASCO Industries have reportedly joined forces to create a new company, Metalvalue Powder, to make gas atomized steel powder. The companies claim that the powder atomizing plant will be the biggest in the world and will allow France to take a leading position in the sector. The powder will be used for existing processes already on the market as well as for Metalvalue’s MMS-Scanpac process, in which gas atomized spherical powder is agglomerated and sieved before pressing.
The companies claim that the powder atomizing plant will allow France to take a leading position in the sector.
The companies are still researching sites for the powder atomization plant while negotiations are also ongoing with additional investors and banks to complete the financing of this project. Metalvalue has also installed in France a plant to make metallic parts in Etain, France. This plant will double the production capacity of the already existing Swedish plant run by Metalvalue subsidiary Bofors Bruk. Several companies have already secured a license for the new MMS-Scanpac process and will be customers of the Metalvalue Powder steel powder production. Metalvalue SAS; www.metalvalue.fr
Dynacast acquires Tek-Cast Inc Dynacast, a manufacturer of precision metal components, has signed an agreement to acquire Tek-Cast Inc/MH Machining Group, based in Illinois, USA. The acquisition and the addition of the Tek-Cast team expands Dynacast’s multislide zinc, aluminum and CNC machining capacity in North America, the company said.
‘Dynacast has a rich history of continuously refining our proprietary manufacturing technologies, in-house tooling expertise, and innovative design processes,’ said Simon Newman, chairman and CEO of Dynacast. ‘It means that today, we can manufacture highly complex metal components in a fast, repeatable, and precise manner. We
look forward to bringing added insight and capabilities to Tek-Cast’s customers. Additionally, this acquisition is the first step of many more to come over the next year or two.’
Dynacast; www.dynacast.com
Powder specialist awarded lifetime award Dr John Carson, president of Jenike & Johanson Inc, an engineering consulting firm specializing in the storage, flow and processing of powder and bulk solids, has been awarded the American Institute of Chemical Engineers 2015 Particle Technology Forum award. The Award recognizes a forum member’s lifetime outstanding scientific/technical contributions to the field of particle technology, as well as leadership in promoting scholarship, research, development, or education in this field. ‘John Carson has provided outstanding leadership to the bulk solids handling community for many years,’ said Timothy A. Bell, engineering fellow, DuPont Particle 72
Technology Group. ‘Recognition of his contributions to technology, teaching, mentoring, and ASTM standards was long overdue.’ Dr. Carson is an author of more than 140 articles on various topics dealing with solids flow, including bin and feeder design, flow of fine powders, design of purge vessels, and structural failures of silos, he also lectures extensively on these and related topics. Besides being a founding member of AIChE’s Powder Technology Forum, Dr Carson belongs to ASME, ASCE, and ASTM International, where he is chair of subcommittee D18.24, ‘Characterization and Handling of Powders and Bulk Solids.’ Jenike & Johanson Inc; www.jenike.com