Machinery News articles

VDMA PROJECTS RISING DEMAND FOR FOOD PROCESSING & PACKAGING MACHINERY

VDMA PROJECTS RISING DEMAND FOR FOOD PROCESSING & PACKAGING MACHINERY

The German mechanical engineering industry is expected to grow significantly again in 2017. The signs for this are getting more clear: machinery production rose by 2.4 % in the first half of 2017. Order intake in July was 10% higher than in the previous year. “We could be at the turning point for the nextRead More

Green light: Deere and Kramer get the ‘go-ahead’ for major deal

John Deere announced back on July 6 that it planned to invest in German machinery manufacturer Kramer-Werke GmbH to create a “long-term alliance”. The proposed deal, between John Deere and Kramer (a division of Wacker Neuson SE), has now been approved by anti-trust authorities in the European Commission. This will enable the supply of “material-handling equipment solutions” forRead More

Equipment cost surge expected

Loaders rise 5-10 percent, other equipment may also climb rapidly The cost of construction machinery may continue to rise, due to the surging price of materials and increasing demand from infrastructure projects, industrial analysts said. In fact, they said, leading companies have already raised prices for loaders by 5 to 10 percent. China’s leading heavyRead More

Machinery-equipment, raw materials of industrial significance to be exempt from VAT upon import

YEREVAN, SEPTEMBER 11, ARMENPRESS. Machinery equipment and raw materials of industrial significance imported to Armenia will be exempted from VAT on the border from January 1, 2018, under proposed changes in the legislation. Lawmakers are debating the amendment of the Tax Code. During the September 11 debates, deputy chairman of the state revenue committee VakhtangRead More

Core Japanese machinery orders almost double forecasts for July

A key gauge of Japanese corporate investment turned higher in July, more than double economists’ forecasts. Total machinery orders grew by 4.9% month-on-month in July, according to the Cabinet Office. In parallel, so-called ‘core’ machinery orders, which exclude those for ships and from electric power utilities, were 8.0% higher (consensus: 4.4%). Within that, orders from factoriesRead More

Man stuck in farm equipment in Clark Co. taken to hospital

TROY – A Tipp City man wanted by Miami County for nearly a year for his alleged role in a drug ring investigators said brought large amounts of heroin and methamphetamines into the Miami Valley pleaded not guilty Tuesday in county Common Pleas Court to 10 felony charges.   Source: http://www.whio.com/news/crime–law/suspect-large-miami-county-drug-ring-pleads-not-guilty/IJ613ThtLr12tyteA9MXRM/

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