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.
- Events & Awards
- Magazine Archives
- Oil & Gas Engineering
- Salary Survey
- Digital Reports
Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey