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Zenith to build new plant
Japanese PM shipments fall 1.2% in f 996 -JAPANESE shipments of powder mctallnrgy (PM) parts fell 1.2’:, during tht 1996 calendar year to 86 688
ket which raised its shipments 3.3% to 189 tonnes and
tonnes, according to figures from the .Japan Powder Metal-
boosted its earnings 8.2% to Y43.58 million. The only other sector to enjoy an increase in both the amount and
lurgy Association.
value
In terms
value the decline
of
was steeper,
with total sales down 2.8% on t h e previous year to Yld8 :187 millior.. The star performer -Japanese
shipments
was
contacts
Friction Electric
of
bearings
tonnes, with a 7.4% dein sales revenue to
The bad news for the Japanese industry was that
*15
228 million.
Association;
saw
rises
3.3%
2.3% respectively.
mar-
by the
contracts
volume
7371 cline
and
parts
parts
The
of
which
the biggest
parts
and
bearings. Shipments of structural parts were down 1% to 77 968 tonnes, with their value down 3.8% to Y90 554 million.
the
falls were suffered
largest
two
end
user
fell
Japan
Powder
6646; .fbx:
tel:
3.5%
Metallurgy f 81.3.386%
+ 81-3-5687-0599.
Value (million yen) 94 95 96
Shipments (tonnes) 94 96 96
Structural
parts
shipped
year
Bearings
structural
market.
last
industry
the frictional
was
for the
of
electrical
sectors,
to
Zenith to build new plant ZENITH planning der
Sintcred Products is to build a fifth pc,w
metallurgy
manufacturing
(PM)
parts
facility in Man
itowoc. Wisconsin, ISA. Founded in 1962,the corn pany currently operates four PM plants in Germantown and Menomonec Falls, Wisconsin. The new plant would employ 50-70 people, in addition to the existing staff of 450. Zenith has enjoyed significant growth in the past few years, particularly through the introduction to mass production in North America of main bearing caps. ‘The company won a number of international awards for this part in 1994.
7379
7641
7371
16 251
16 443
15 228
76 598
78 744
77 968
90 779
94 095
90 554
503
522
558
4004
4026
4358
cation
8166
Zenith Sixtvred Products: tel: + I-414-255-9050;
193
183
7642
189
7983
Zenith was also awarded QS 9000 and ISO 9001 ccrtifi-
fbx:
in January,
1997.
+ I-414-255-3306.
Hiiganiis sales up 5% in first quarter to record levels LEADING ferrous ducer enjoyed
a record
in the
first
to
powder
pro-
HBganas AB of Sweden
boost
SEK24
:sales volume
quarter
of
turnover million.
of powder
1997
5%
The
shipments
to
for
(PM)
powder
Shipments
cording
and
Ger-
were also higher, although the British market was down
the 1JSA reof
about
19%. Deliveries
to West
opean
were
Eur-
up
in
compared
South
with
Korea,
In other
a year
of PM powders
markets
to
many, Austria and Switzerland
but
1996. slightly
lower in Taiwan.
compared
and
recorded
slightly
period
increases
result
Deliveries
In Asia, PM sales were higher
was up in virtually all markets with Japan
Spain.
volume
metallurgy
applications,
with the same earlier.
in
was up
4% overall for the quarter, 6%
with the best
5X,
applications,
Ho-
gangs enjoyed stronger sales volume in the chemical and metallurgical ma1 coating
(10%)
saw a decline electrode
in the welding
(10%)
Hd;yan& 338000;
and ther-
(5%) markets, but area.
AB; tel:
fa:
+ 46.4%
+ 4 6-42-338150.
OM Group net income up 15% OM
GROUP
creased
lnc
(OMG)
net income
in-
sold, with a significant
factor
being the contribution
of SCM
net sales 7%) sale:+ for the first
Metal Products
was ac-
quarter
quired
ending
1997, compared period
31
15’:: and March,
with the same
a year
earlier.
The
producer of metal powders and metal-based specialty chemicals US$llO.l
recorded million
net
sales
of
and net in-
come of $8.2 million The increase achieved
through
was primarily an increase
in physical volume of products
January
for
million
1997. James
OMG’s chairman ecutive
which
$122
officer,
in
Mooney,
and chief exsays
earnings
for both the new acquisition and the company’s existing business
were
in
line
with
expectations. On/r Groccp: 781-0083;
te1:
+ l-216
fax: + l-216-781-
0902.
MPR May 1997 5
ket which raised its shipments 3.3% to 189 tonnes and
tonnes, according to figures from the .Japan Powder Metal-
boosted its earnings 8.2% to Y43.58 million. The only other sector to enjoy an increase in both the amount and
lurgy Association.
value
In terms
value the decline
of
was steeper,
with total sales down 2.8% on t h e previous year to Yld8 :187 millior.. The star performer -Japanese
shipments
was
contacts
Friction Electric
of
bearings
tonnes, with a 7.4% dein sales revenue to
The bad news for the Japanese industry was that
*15
228 million.
Association;
saw
rises
3.3%
2.3% respectively.
mar-
by the
contracts
volume
7371 cline
and
parts
parts
The
of
which
the biggest
parts
and
bearings. Shipments of structural parts were down 1% to 77 968 tonnes, with their value down 3.8% to Y90 554 million.
the
falls were suffered
largest
two
end
user
fell
Japan
Powder
6646; .fbx:
tel:
3.5%
Metallurgy f 81.3.386%
+ 81-3-5687-0599.
Value (million yen) 94 95 96
Shipments (tonnes) 94 96 96
Structural
parts
shipped
year
Bearings
structural
market.
last
industry
the frictional
was
for the
of
electrical
sectors,
to
Zenith to build new plant ZENITH planning der
Sintcred Products is to build a fifth pc,w
metallurgy
manufacturing
(PM)
parts
facility in Man
itowoc. Wisconsin, ISA. Founded in 1962,the corn pany currently operates four PM plants in Germantown and Menomonec Falls, Wisconsin. The new plant would employ 50-70 people, in addition to the existing staff of 450. Zenith has enjoyed significant growth in the past few years, particularly through the introduction to mass production in North America of main bearing caps. ‘The company won a number of international awards for this part in 1994.
7379
7641
7371
16 251
16 443
15 228
76 598
78 744
77 968
90 779
94 095
90 554
503
522
558
4004
4026
4358
cation
8166
Zenith Sixtvred Products: tel: + I-414-255-9050;
193
183
7642
189
7983
Zenith was also awarded QS 9000 and ISO 9001 ccrtifi-
fbx:
in January,
1997.
+ I-414-255-3306.
Hiiganiis sales up 5% in first quarter to record levels LEADING ferrous ducer enjoyed
a record
in the
first
to
powder
pro-
HBganas AB of Sweden
boost
SEK24
:sales volume
quarter
of
turnover million.
of powder
1997
5%
The
shipments
to
for
(PM)
powder
Shipments
cording
and
Ger-
were also higher, although the British market was down
the 1JSA reof
about
19%. Deliveries
to West
opean
were
Eur-
up
in
compared
South
with
Korea,
In other
a year
of PM powders
markets
to
many, Austria and Switzerland
but
1996. slightly
lower in Taiwan.
compared
and
recorded
slightly
period
increases
result
Deliveries
In Asia, PM sales were higher
was up in virtually all markets with Japan
Spain.
volume
metallurgy
applications,
with the same earlier.
in
was up
4% overall for the quarter, 6%
with the best
5X,
applications,
Ho-
gangs enjoyed stronger sales volume in the chemical and metallurgical ma1 coating
(10%)
saw a decline electrode
in the welding
(10%)
Hd;yan& 338000;
and ther-
(5%) markets, but area.
AB; tel:
fa:
+ 46.4%
+ 4 6-42-338150.
OM Group net income up 15% OM
GROUP
creased
lnc
(OMG)
net income
in-
sold, with a significant
factor
being the contribution
of SCM
net sales 7%) sale:+ for the first
Metal Products
was ac-
quarter
quired
ending
1997, compared period
31
15’:: and March,
with the same
a year
earlier.
The
producer of metal powders and metal-based specialty chemicals US$llO.l
recorded million
net
sales
of
and net in-
come of $8.2 million The increase achieved
through
was primarily an increase
in physical volume of products
January
for
million
1997. James
OMG’s chairman ecutive
which
$122
officer,
in
Mooney,
and chief exsays
earnings
for both the new acquisition and the company’s existing business
were
in
line
with
expectations. On/r Groccp: 781-0083;
te1:
+ l-216
fax: + l-216-781-
0902.
MPR May 1997 5