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  • 2017-10-14 Northeast Tool invests $2.5 million in new machine tool technology AUGUST 16, 2017 Northeast Tool, a contract manufacturer for the aerospace, defense, energy, medical, and commercial industries, has announced a $2.5 million capital investment in new machine tool technology at its Charlotte, N.C., facility. The company has purchased four new milling and turning machining centers from DMG Mori USA to support increased customer demand and future growth. The investment also will include an NZX 1500 turning center, DMU 50 5-axis mill, DMU 65 monoBlock 5-axis mill, and DMU 60 eVo linear with PH-150 robotic pallet handling.
  • 2017-10-14 thyssenkrupp combines Forging and Machining business, Undercarriage business OCTOBER 5, 2017 thyssenkrupp has combined its Forging and Machining business and its Undercarriage business into a new business unit, Forged Technologies. It new unit has roughly 7,000 employees at 18 production sites and a distribution network in more than 70 countries. The global integration includes seven businesses across North America: Undercarriage businesses in Waukesha, Wis.; Kilgore, Texas; Puyallup, Wash.; and Greenborough, S.C.; and Forging and Machining businesses in Danville, Ill.; Veedersburg, Ind.; and Puebla, Mexico.

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