Published on December 30th, 2016 | By: April Gocha, PhD0
Ceramic and glass business news of the weekPublished on December 30th, 2016 | By: April Gocha, PhD
Corning Incorporated announced its equity investment in Menlo Micro, a newly formed company founded to scale and deliver a unique digital micro-switch technology platform. Corning’s precision wafers, panels, and through glass vials will play an important role in delivering the small-form factor, high-frequency, high-power operation, and reliability of Menlo Micro’s digital micro-switch technology platform.
Imerys announced a contemplated acquisition of Kerneos, with an estimated total enterprise value of ca. €880 million. With an access to quality mining reserves and resources, a global sales network, 9 high-performance production sites in 5 countries, and great innovation capability, Kerneos fits with Imerys’ business model and has a sound history of growth and profitability.
Air quality is a critical issue for manufacturers. This is why RoboVent has launched a Clean Air Academy tailored to help manufacturers learn first-hand the scientific and practical lessons to improve the air quality and production processes within their plant. Registration is open for the January session.
The Princeton Institute for the Science and Technology of Materials (PRISM) recently unveiled its new Micro/Nano Fabrication Laboratory (MNFL) and Imaging and Analysis Center (IAC) facilities, which are now home to a powerful suite of advanced analytical instrumentation from Thermo Fisher Scientific that will be used to investigate the structure of novel materials.
Ceramco’s ISO 9001:2015 management system certification is the foundation upon which the company assure the necessary standards are met to meet quality, delivery, and customer service considerations. Ceramco re-certification from 9001:2008 to the newer 9008:2015 standard was completed this month.
NIST plans to publish a notice of funding opportunity in FY2017 to competitively fund grants and/or cooperative agreements to existing Hollings Manufacturing Extension Partnership Centers to add capabilities to the MEP program, including development and conduct of projects to solve new or emerging manufacturing problems.
New value-added products are beginning to be marketed and will enter the market at an accelerating pace. The company will morph from just a ceramics company to a comprehensive value added solutions company. Critical diversification into other industries will offset proppant cyclicality.
Vesuvius plc announced the completion of an acquisition of the Brazilian leader in mold and tundish fluxes for a total consideration of £9.2 million. The acquisition represents a further strategic step in broadening the Steel Flow Control offering in an important product line for the Group. The transaction completed earlier this month and will be funded from existing financial resources.
The Office of Energy Efficiency and Renewable Energy announced up to $35 million in available funding to support early-stage, innovative technologies and solutions in advanced manufacturing. The funding opportunity addresses three topic areas that consist of multiple subtopics: advanced materials; advanced processes; and modeling and analysis tools for materials and manufacturing.
Japanese electronics corporation Panasonic and energy storage company Tesla announced plans to start producing solar power components at a factory in New York. Buffalo will serve as a manufacturing base for the production of solar components that will first service sectors outside Tesla’s solar-roof products.
Amedica Corporation announced encouraging results from a recent study showing rapid bone growth into porous silicon nitride. Explants of the company’s porous silicon nitride from a large-animal model demonstrated bone healing into the material just four weeks after implantation.
Mexico’s Vitro S.A.B. de C.V. North American glass producer announced that it has reached an agreement to acquire Pittsburgh Glass Works LLC automotive OEM glass business from LKQ Corporation for a total consideration of about $310 million.
Chinese glass tycoon Cao Dewang, founder of Fuyao Glass Industry Group Co., recently grabbed headlines for his comments about the firm’s investments in the U.S. Fuyao, the world’s largest auto glass manufacturer, has a market share of 60% in China, 30% in the US and 20% worldwide. In a video interview, Cao shared his bold plan to invest $1 billion to set up factories in the U.S.
The Linde Group and Praxair Inc., two worldwide leaders in the industrial gas industry, have announced they will merge. Both companies supply inert gases used in insulating glass units, such as argon and krypton. According to a joint release, Germany-based Linde and Danbury, Conn.-based Praxair combine for pro forma revenues of approximately $30 billion and a current market value of more than $65 billion.
In 1965, manufacturing in the United States accounted for 53% of the economy. For over half a century, American manufacturing dominated the globe. However by 1988, manufacturing only made up 39% of the American economy, today only 9%. What happened? Will the United States ever be the leader in manufacturing again?
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