IMTS 2012: DMG / Mori Seiki announces factory grand opening in U.S.
DMG / Mori Seiki announced during their press conference that their factory in Davis, Ca., will have its grand opening ceremony on November 7.
DMG / Mori Seiki expressed their confidence in U.S. manufacturing and how it is making a comeback after the recent economic crisis.
"Industrial growth is coming back to the U.S. and overall production is coming back. In the world machine tool market, we predict the U.S. will pass Germany at #3 for the first time in eight years because of the recent Eurozone crisis," Dr. Rudiger Kapitza said during the press conference.
DMG / Mori Seiki, which merged in 2009, cited their interest in the U.S. market and its potential for growth as both a consumer and as a producer, announced that their factory in Davis, Calif. will have its grand opening ceremony on November 7.
"In the U.S. we're focusing on supporting products being manufactured as well as workers," President Mark Mohr said.
Their California factory, which began production in August, is part of their labor and education development programs to enhance the skills of their workers for future projects.
Kapitza, Mohr, and Dr. Masahiko Mori also touted a number of their products they have on display at IMTS. Most prominent was the Milltap 700, which is the first DMG Mori Seiki project. It is a compact machining center that can achieve chip-to-chip times of up to 1.5 seconds. They have two demos of the Milltap 700 running along with presentations or displays of 45 other machines, including more than a dozen five-axis and complex machining demos.
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Annual Salary Survey
In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.
Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.