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New appointment at Slovak PM specialist
Metal Powder Report Volume 70, Number 6 November/December 2015
Partners, a New-York-based private equity firm, and CITIC Capital Partners, a private equity firm based in Beijing and Shanghai, along with members of management. ‘We are very excited to take this next step with Johnson Electric,’ said Peter Ballantyne, CEO and president of Stackpole. ‘With Johnson Electric’s electric motor capabilities complementing Stackpole’s strengths
in transmission and engine oil pumps, vacuum pumps and powder metal products, we look forward to building on the momentum we have gained with Crestview to further establish our position as a leader and innovator of automotive powertrain components.’ The acquisition is expected to close in the fourth quarter, subject to customary clos-
NEWS
ing conditions, including regulatory approvals. Upon completion, Stackpole will operate as a wholly- owned subsidiary of Johnson Electric and will continue to be led by Peter Ballantyne as well as Stackpole’s present leadership team. Stackpole International; www.stackpole.com
The new car market in the UK recorded its 42nd consecutive month of growth in August, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT). New car registrations increased 9.6% to 79,060 for the month, taking year-to-date growth to a healthy 6.7%. Gains were made across all sectors and all fuel types, with registrations in the private, business and fleet markets up 7.2%, 11.8% and 12.1% respectively. The
market for alternatively-fueled vehicles, meanwhile, grew 52.3% year on year, maintaining a steady 2.4% share of the overall market. ‘August’s strong performance has again been driven by attractive finance deals and a diverse range of technologically advanced models,’ said Mike Hawes, SMMT Chief Executive. New car registrations increased 9.6% to 79,060 for the month.
SMMT; www.smmt.co.uk
New appointment at Slovak PM specialist Slovak PM supplier Kovohuty Metal Powders has appointed Thorsten Kiehnbast as sales director. Thorsten started his career in powder metallurgy in Germany over 29 years ago as one of the youngest powder metallurgy experts in one of the largest metal powder
producers in Germany, the company says. Some 16 years ago he founded his own metal powder company and has been the agent for several key players in the Industry. With a total capacity of over 10,000 mt/ year, Kovohuty offers atomised copper and copper alloys, tin powder, special ferro
alloys as well as ferro silicon powders in various morphology and particle distribution. The product range also features dendritic shape electrolytic copper powders from low to high densities. Kovohuty Metal Powders; www.kovohuty. com
electronics, plumbing and jewellery industries and joined SKF as part of the acquisition of Kaydon Corporation in October 2013. The total consideration of the divestment is approximately US$23 million, on a cashand debt-free basis.
Located in New Jersey, Canfield Technologies had sales of approximately US$ 17 million in 2014 and has been operating as a stand-alone business within the SKF Group. SKF; www.skf.com
SKF divests metal joining business SKF has completed its divestment of Canfield Technologies, Inc. to Gen Cap America, a private equity firm headquartered in Nashville, Tennessee. Canfield is a manufacturer of solder, pastes and preforms for metal joining, used in the
Atomization short course to run in February Atomizing Systems Ltd (Sheffield) and Perdac (now part of CPFResearch Ltd) plan to run an intensive two-day advanced course on manufacturing metal powders by atomization. The course takes place from 25 to 26 February 2016 in Manchester, UK. This is the 12th course that Andrew Yule (Emeritus Professor Manchester University) and John Dunkley (Chairman of ASL
Sheffield) have organized on the atomization of metals. The course covers * All current atomizer types together with a wide range of metals and powder types and uses * Key instrumentation, essential theory and computer modelling * Plant design, operation and economics.
‘The course is unique and combines upto-date practical information with theory and is of great value to engineers in both metal powder production and R&D,’ a press release said. Previous courses have been attended by more than 250 registrants, covering 15 countries and five continents. CPFResearch Ltd; www.cpfresearch.com
273
NEWS
UK new car market marks 42nd consecutive month of growth
Partners, a New-York-based private equity firm, and CITIC Capital Partners, a private equity firm based in Beijing and Shanghai, along with members of management. ‘We are very excited to take this next step with Johnson Electric,’ said Peter Ballantyne, CEO and president of Stackpole. ‘With Johnson Electric’s electric motor capabilities complementing Stackpole’s strengths
in transmission and engine oil pumps, vacuum pumps and powder metal products, we look forward to building on the momentum we have gained with Crestview to further establish our position as a leader and innovator of automotive powertrain components.’ The acquisition is expected to close in the fourth quarter, subject to customary clos-
NEWS
ing conditions, including regulatory approvals. Upon completion, Stackpole will operate as a wholly- owned subsidiary of Johnson Electric and will continue to be led by Peter Ballantyne as well as Stackpole’s present leadership team. Stackpole International; www.stackpole.com
The new car market in the UK recorded its 42nd consecutive month of growth in August, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT). New car registrations increased 9.6% to 79,060 for the month, taking year-to-date growth to a healthy 6.7%. Gains were made across all sectors and all fuel types, with registrations in the private, business and fleet markets up 7.2%, 11.8% and 12.1% respectively. The
market for alternatively-fueled vehicles, meanwhile, grew 52.3% year on year, maintaining a steady 2.4% share of the overall market. ‘August’s strong performance has again been driven by attractive finance deals and a diverse range of technologically advanced models,’ said Mike Hawes, SMMT Chief Executive. New car registrations increased 9.6% to 79,060 for the month.
SMMT; www.smmt.co.uk
New appointment at Slovak PM specialist Slovak PM supplier Kovohuty Metal Powders has appointed Thorsten Kiehnbast as sales director. Thorsten started his career in powder metallurgy in Germany over 29 years ago as one of the youngest powder metallurgy experts in one of the largest metal powder
producers in Germany, the company says. Some 16 years ago he founded his own metal powder company and has been the agent for several key players in the Industry. With a total capacity of over 10,000 mt/ year, Kovohuty offers atomised copper and copper alloys, tin powder, special ferro
alloys as well as ferro silicon powders in various morphology and particle distribution. The product range also features dendritic shape electrolytic copper powders from low to high densities. Kovohuty Metal Powders; www.kovohuty. com
electronics, plumbing and jewellery industries and joined SKF as part of the acquisition of Kaydon Corporation in October 2013. The total consideration of the divestment is approximately US$23 million, on a cashand debt-free basis.
Located in New Jersey, Canfield Technologies had sales of approximately US$ 17 million in 2014 and has been operating as a stand-alone business within the SKF Group. SKF; www.skf.com
SKF divests metal joining business SKF has completed its divestment of Canfield Technologies, Inc. to Gen Cap America, a private equity firm headquartered in Nashville, Tennessee. Canfield is a manufacturer of solder, pastes and preforms for metal joining, used in the
Atomization short course to run in February Atomizing Systems Ltd (Sheffield) and Perdac (now part of CPFResearch Ltd) plan to run an intensive two-day advanced course on manufacturing metal powders by atomization. The course takes place from 25 to 26 February 2016 in Manchester, UK. This is the 12th course that Andrew Yule (Emeritus Professor Manchester University) and John Dunkley (Chairman of ASL
Sheffield) have organized on the atomization of metals. The course covers * All current atomizer types together with a wide range of metals and powder types and uses * Key instrumentation, essential theory and computer modelling * Plant design, operation and economics.
‘The course is unique and combines upto-date practical information with theory and is of great value to engineers in both metal powder production and R&D,’ a press release said. Previous courses have been attended by more than 250 registrants, covering 15 countries and five continents. CPFResearch Ltd; www.cpfresearch.com
273
NEWS
UK new car market marks 42nd consecutive month of growth