Industry News
Sony to build LCD plant in China
Japan's electronics maker Sony will invest AU$148 million in the construction of a liquid crystal display (LCD) plant in China, allowing the company to produce LCDs in China for the first time. The plant in Wuxi, Jiangsu province, will produce high-temperature polysilicon LCDs for digital, still and video cameras and was expected to start operating by the end of March 2004.
[ + ]Galvanizing industry awards
Three of Australia's leading galvanizing contractors have been recognised in the annual Sorel Awards sponsored by Pasminco Metals.
[ + ]One million HMI
Siemens A&D has delivered its one-millionth Simatic HMI system to Rolls-Royce plc at the SPS/IPC/Drives Show 2002 in Nuremberg, Germany.
[ + ]New Zealand 'snapper' saves components manufacturer millions
A leading New Zealand's mechanical design company has designed a specialised production line machine for a manufacturing plant in Mount Wellington Auckland. The aptly named 'snapper' was developed to help fulfil a large order for TCXO's (Temperature Compensated Crystal Oscillators), which are an essential component of many radio, mobile and GPS technologies.
[ + ]Software acquisition
SSA GT has acquired 100% ownership of Infinium Software, which provides web-integrated enterprise business applications optimised for the IBM eServer iSeries.
[ + ]Business and employment remain resilient
Recent economic and tragic events have not had a major impact on business and employment in Australia and a forecast of steady growth is expected in the next two years, according to research released by recruitment firm Hamilton James & Bruce.
[ + ]Worldwide HMI market set to reach US$590 million
The Human-Machine Interface (HMI) market, which totalled $US414 million in 2001, will hit nearly $US590 million in 2006, outperforming the industrial automation market and growing at a Compounded Annual Growth Rate (CAGR) of 7.3 per cent over the next five years, according to a recent ARC Advisory Group study.
[ + ]New market for finned tubes
Sandvik Steel has developed a production method for internally, longitudinally finned, cold finished tubes for use as pyrolysis tubing in the demanding environment of ethylene furnaces.
[ + ]Major vendor to supply process automation solutions to SA giant
Emerson Process Management has won the initial contract from a South African chemical and engineering conglomerate for a multi-million dollar gas conversion project.
[ + ]Industrial Ethernet devices set for high growth
The worldwide market for industrial Ethernet devices is expected to grow at a Compounded Annual Growth Rate (CAGR) of 84.1 per cent over the next five years. The market was 286.8 thousand nodes in 2002 and is forecasted to be over 6.06 million nodes in 2007, according to a recent ARC Advisory Group study.
[ + ]IMO gets Lovato Electric
IMO Controls International, a member of the HPM group of companies, has signed a deal to become sole distributor of the Lovato Electric product range across Australia and New Zealand.
[ + ]Noshok appoints AMS
AMS has been appointed by Noshok to be its distributor for Australia, New Zealand and the Pacific Region.
[ + ]Hansen signs up with TXU
Hansen Technologies has been awarded a contract to deliver a Consumption Data Management (CDM) metering solution and ongoing outsourcing services to TXU Australia.
[ + ]New ideas generated at AEEMA conference
New approaches to power generation and energy efficiency were just two of the topics covered in depth at the Australian Electrical and Electronic Manufacturers' Association (AEEMA) national Cleaner, Greener, Smarter conference and exhibition, which was held during the Austronics, Electrix and Automate show in Melbourne.
[ + ]Aussie technology to combat multi-billion dollar electricity theft
Technology company Mikoh Corporation has announced it's providing technology to Invensys Metering Systems to combat the growing global problem of electricity theft.
[ + ]