Metalworking

Royal Gold Provides an Update on Peñasquito

Retrieved on: 
Friday, June 9, 2023
Mining, Minerals, Natural Resources, Royal Gold, National Union of Mine and Metal Workers of the Mexican Republic, Environmental monitoring, Minera, Acquisition, Newmont, Metalworking, National Union, Safety

Royal Gold owns a production payment equivalent to a 2.0% net smelter return royalty on all metal production from the Peñasquito mine.

Key Points: 
  • Royal Gold owns a production payment equivalent to a 2.0% net smelter return royalty on all metal production from the Peñasquito mine.
  • Peñasquito contributed approximately 7.2% of total revenue to Royal Gold in the year ended December 31, 2022.
  • Royal Gold is a precious metals stream and royalty company engaged in the acquisition and management of precious metal streams, royalties and similar production-based interests.
  • Royal Gold is publicly traded on the Nasdaq Global Select Market under the symbol “RGLD.” The Company’s website is located at www.royalgold.com .

Newmont Urges Union at Peñasquito Mine in Mexico to Abide by Labor Agreement

Retrieved on: 
Thursday, June 8, 2023
Public Policy, Government, Labor, Natural Resources, Mining, Minerals, Workforce, Collective bargaining, Metalworking, Collective agreement, National Union of Mine and Metal Workers of the Mexican Republic, Environmental monitoring, US, NEM, CBA, Corporation, Investment, NGT, TSX, Union, Minera, NYSE, Safety, National Union, Newmont

Newmont Corporation (NYSE:NEM,TSX:NGT) announced today it has suspended operations at the Company’s Peñasquito mine in Mexico while refuting claims by the National Union of Mine and Metal Workers of the Mexican Republic (“the Union”) regarding violating legal regulations and labor agreements.

Key Points: 
  • Newmont Corporation (NYSE:NEM,TSX:NGT) announced today it has suspended operations at the Company’s Peñasquito mine in Mexico while refuting claims by the National Union of Mine and Metal Workers of the Mexican Republic (“the Union”) regarding violating legal regulations and labor agreements.
  • The Company urged the Union to abide by the mutually agreed Collective Bargaining Agreement (“CBA”) negotiated and signed by both parties in June of 2022.
  • In response to the strike notice, Minera Peñasquito has suspended operations in a safe and orderly manner.
  • Minera Peñasquito is the largest employer in Zacatecas, Mexico with a direct workforce of more than 5,000.

The 14th International Infrastructure Investment and Construction Forum Kicks Off in Macao

Retrieved on: 
Friday, June 2, 2023
Dai, European Union Chamber of Commerce in China, China International Contractors Association, Exhibition, Metallurgical Corporation of China, CRRC, Volvo, China Railway Construction Corporation, Power Construction Corporation of China, Construction, Forum, Beijing Urban Construction Group, Metalworking, XCMG, China Communications Construction Company, Shaanxi Construction Engineering Group Corporation, China Poly Group, LiuGong, City, Digital, Belt, Investment, China Energy Engineering Corporation, Belt and Road Initiative, 1998 abduction of foreign engineers in Chechnya, Commerce, Renewable energy, Huawei, Sanitation, Caterpillar

MACAO, June 2, 2023 /PRNewswire/ -- The 14th International Infrastructure Investment and Construction Forum ("IIICF" or "the Forum"), co-hosted by the China International Contractors Association and the Macao Trade and Investment Promotion Institute, commenced in Macao on June 1.

Key Points: 
  • MACAO, June 2, 2023 /PRNewswire/ -- The 14th International Infrastructure Investment and Construction Forum ("IIICF" or "the Forum"), co-hosted by the China International Contractors Association and the Macao Trade and Investment Promotion Institute, commenced in Macao on June 1.
  • The Forum featured a specialized exhibition that attracted an unprecedented number of exhibitors, surpassing previous editions.
  • Prominent participants included China Communications Construction, China Construction Engineering, China Railway Construction, China Electric Power Construction, China Energy Engineering, CRRC Corporation, China Poly Group, Metallurgical Corporation of China, China Nonferrous Metal Industry's Foreign Engineering and Construction, Norinco International, Genertec International, Beijing Urban Construction, Beijing Construciton Engineering, Shanghai Tunnel Engineering, Shaanxi Construction Engineering, Hunan Construction Investment Group and other world-renowned contractors, as well as Huawei, Caterpillar, XCMG, Volvo, LiuGong and many other industry-leading manufacturers, suppliers and institutions.
  • It effectively portrayed the strength and technological advancements of Chinese contractors to a global audience.

The 14th International Infrastructure Investment and Construction Forum Kicks Off in Macao

Retrieved on: 
Friday, June 2, 2023
Dai, European Union Chamber of Commerce in China, China International Contractors Association, Exhibition, Metallurgical Corporation of China, CRRC, Volvo, China Railway Construction Corporation, Power Construction Corporation of China, Construction, Multimedia, Forum, Beijing Urban Construction Group, Metalworking, XCMG, China Communications Construction Company, Shaanxi Construction Engineering Group Corporation, China Poly Group, LiuGong, City, Digital, Belt, Investment, China Energy Engineering Corporation, Belt and Road Initiative, 1998 abduction of foreign engineers in Chechnya, Commerce, Renewable energy, Huawei, Sanitation, Caterpillar

MACAO, June 2, 2023 /PRNewswire/ -- The 14th International Infrastructure Investment and Construction Forum ("IIICF" or "the Forum"), co-hosted by the China International Contractors Association and the Macao Trade and Investment Promotion Institute, commenced in Macao on June 1.

Key Points: 
  • MACAO, June 2, 2023 /PRNewswire/ -- The 14th International Infrastructure Investment and Construction Forum ("IIICF" or "the Forum"), co-hosted by the China International Contractors Association and the Macao Trade and Investment Promotion Institute, commenced in Macao on June 1.
  • The Forum featured a specialized exhibition that attracted an unprecedented number of exhibitors, surpassing previous editions.
  • Prominent participants included China Communications Construction, China Construction Engineering, China Railway Construction, China Electric Power Construction, China Energy Engineering, CRRC Corporation, China Poly Group, Metallurgical Corporation of China, China Nonferrous Metal Industry's Foreign Engineering and Construction, Norinco International, Genertec International, Beijing Urban Construction, Beijing Construciton Engineering, Shanghai Tunnel Engineering, Shaanxi Construction Engineering, Hunan Construction Investment Group and other world-renowned contractors, as well as Huawei, Caterpillar, XCMG, Volvo, LiuGong and many other industry-leading manufacturers, suppliers and institutions.
  • It effectively portrayed the strength and technological advancements of Chinese contractors to a global audience.

Hendy Completes Interior Architectural Design for World's Second Mercedes-Benz Classic Center

Retrieved on: 
Monday, May 22, 2023
Mercedes-Benz, Metalworking, Code, McDonnell Douglas, Hendy, Weidler, Mercedes-Benz USA, Mercedes-Benz Classic Center, Environment, Interior design, Boeing

LONG BEACH, Calif., May 22, 2023 (GLOBE NEWSWIRE) -- Hendy, a nationally-recognized interior architectural design firm, today announced the design completion of the world’s second Mercedes-Benz Classic Center, an international destination for the luxury brand’s car enthusiasts.

Key Points: 
  • LONG BEACH, Calif., May 22, 2023 (GLOBE NEWSWIRE) -- Hendy, a nationally-recognized interior architectural design firm, today announced the design completion of the world’s second Mercedes-Benz Classic Center, an international destination for the luxury brand’s car enthusiasts.
  • The hangar-sized building was formerly an aircraft production site for aeronautic firm McDonnell Douglas which years later merged with Boeing, a leading supplier of passenger aircraft.
  • The clean and functional workspace consists of modern service bays equipped with the latest technology and hydraulic lifts.
  • “The showroom immediately immerses people into a signature Mercedes-Benz brand experience, with the same elegance and attention to detail synonymous with our luxury vehicles worldwide.”

JAPAN HOUSE Los Angeles Announces Upcoming Pokémon Exhibition

Retrieved on: 
Tuesday, May 9, 2023
Ceramic, Exhibition, Culture, Life, Water, Electricity, Clothing, Mon, Bailey House (Los Angeles), Eevee, Lacquer, Collection, Forest, SAT, Metalworking, Steel, Textile, Gunsmith, Video game, Japanese craft, Pikachu

LOS ANGELES, May 09, 2023 (GLOBE NEWSWIRE) -- One of the world’s biggest entertainment franchises and Japanese craft techniques, both contemporary and refined over centuries, come together in “ POKÉMON X KOGEI | Playful Encounters of Pokémon and Japanese Craft ,” the new exhibition coming to JAPAN HOUSE Los Angeles July 25, 2023 – January 7, 2024.

Key Points: 
  • LOS ANGELES, May 09, 2023 (GLOBE NEWSWIRE) -- One of the world’s biggest entertainment franchises and Japanese craft techniques, both contemporary and refined over centuries, come together in “ POKÉMON X KOGEI | Playful Encounters of Pokémon and Japanese Craft ,” the new exhibition coming to JAPAN HOUSE Los Angeles July 25, 2023 – January 7, 2024.
  • “POKÉMON X KOGEI” will swap out certain artworks during the exhibition’s run, giving attendees an opportunity to view new artwork on return visits to JAPAN HOUSE Los Angeles.
  • “Our collaboration with JAPAN HOUSE Los Angeles offers a unique platform to celebrate Japanese culture, as well as the artists, for fans of both the Pokémon brand and art.
  • For more information, visit the JAPAN HOUSE Los Angeles website and social channels: Facebook , Instagram , Twitter , YouTube and LinkedIn .

Western Manufacturing Technology Show Helps Canadian Manufacturers Embrace Smart Technology, Adapt to New Business Realities to Improve Competitiveness, Profitability

Retrieved on: 
Thursday, April 13, 2023
Other Manufacturing, Electronic Design Automation, Steel, Machinery, Robotics, Machine Tools, Metalworking & Metallurgy, Technology, Manufacturing, Workforce, WMTS, Edmonton Expo Centre, Agriculture, Cascade, SME, Smart, Multimedia, Advanced manufacturing, Metalworking, Mazak, Commerce, Mining, Knowledge, SMART, Welding, Automation

The Western Manufacturing Technology Show (WMTS), scheduled for May 30 through June 1, at the Edmonton Expo Centre will help manufacturers in Western Canada embrace new Smart technology and navigate the post-pandemic business realities to help improve their competitiveness and increase their profitability.

Key Points: 
  • The Western Manufacturing Technology Show (WMTS), scheduled for May 30 through June 1, at the Edmonton Expo Centre will help manufacturers in Western Canada embrace new Smart technology and navigate the post-pandemic business realities to help improve their competitiveness and increase their profitability.
  • “We’re happy to be back hosting WMTS, bringing some of the most insightful and innovative leaders in manufacturing to share their knowledge with local and regional manufacturers in Western Canada,” said Hajela.
  • “This event will expose attendees to several advanced manufacturing and metalworking developments designed to improve their quality, cost, and profitability while helping them to develop and upskill their workforce.
  • For more information and to register for the Western Manufacturing Technology Show visit www.wmts.ca and stay informed of the latest developments.

SMART General President Joseph Sellers, Jr. To Retire in May 2023

Retrieved on: 
Tuesday, March 28, 2023
Transportation, Other Construction & Property, White House, Federal Government, Commercial Building & Real Estate, Travel, Other Manufacturing, Construction & Property, Labor, Rail, Air, Transport, Public Policy, Government, Manufacturing, WVLA-TV, Green Zone, Metalworking, Sheet metal, Atmosphere, Professional, Workplace, Pension, Eye, GST, International Association, Woman, Sellers, International Association of Sheet Metal, Air, Rail and Transportation Workers, Congress, Inflation, School, Sheet Metal Workers' International Association, Retirement, Local, Atmosphere of Earth, Investment, Occupation, American Rescue Plan Act of 2021, Inflation Reduction Act of 2022, Family, SMART, Nursing, Management

Joseph Sellers, Jr., General President of the International Association of Sheet Metal, Air, Rail and Transportation Workers (SMART), announced his retirement on January 24, 2023.

Key Points: 
  • Joseph Sellers, Jr., General President of the International Association of Sheet Metal, Air, Rail and Transportation Workers (SMART), announced his retirement on January 24, 2023.
  • Sellers will retire on May 31, 2023, and will be succeeded by current Assistant to the General President Michael Coleman.
  • Sellers became SMART’s General President on May 1, 2015, when his friend and mentor General President Joe Nigro needed to retire.
  • Incoming General President Michael Coleman, a SMART member since 1985, has also served at every level of the union: from president and business manager of Local 33 in Northern Ohio, to ninth general vice president, to SMART director of business and management relations, to his current post as assistant to the General President.

MSC INDUSTRIAL SUPPLY CO. TO WEBCAST REVIEW OF FISCAL 2023 SECOND QUARTER RESULTS

Retrieved on: 
Monday, March 20, 2023
Webcast, Metalworking, MSM, MSC, NYSE, MRO, Video game, Maintenance

MELVILLE, N.Y. and DAVIDSON, N.C., March 20, 2023 /PRNewswire/ -- MSC INDUSTRIAL SUPPLY CO. (NYSE: MSM), a premier distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America, today announced that the Company's conference call to review its fiscal 2023 second quarter, as well as its current operations, will be broadcast live over the Internet Tuesday, April 4, 2023 at 8:30 a.m. Eastern Time.

Key Points: 
  • MELVILLE, N.Y. and DAVIDSON, N.C., March 20, 2023 /PRNewswire/ -- MSC INDUSTRIAL SUPPLY CO. (NYSE: MSM), a premier distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America, today announced that the Company's conference call to review its fiscal 2023 second quarter, as well as its current operations, will be broadcast live over the Internet Tuesday, April 4, 2023 at 8:30 a.m. Eastern Time.
  • To access the earnings release, webcast, presentation slides and operational statistics, please visit the Company's website at: http://investor.mscdirect.com .
  • Alternatively, the conference call can be accessed by dialing 1-877-443-5575 (U.S.), 1-855-669-9657 (Canada) or 1-412-902-6618 (international).
  • An online archive of the broadcast will be available within one hour of the conclusion of the call and remain available until Thursday, May 4, 2023.

Machine Tool Market to Reach US$245 Billion in 2032 with New, Digitally Focused, Machine Tools Incentivizing Upgrades

Retrieved on: 
Thursday, March 16, 2023
US, Digital, Research, Hardinge, Gleason Corporation, GROB, OEE, Overall equipment effectiveness, ABI, Metalworking, Industrial internet of things, Internet of things, Digital transformation, DMG, 3D printing, Retail, Makino, Industrial

LONDON, March 16, 2023 /PRNewswire/ -- The machine tool manufacturing industry is facing a transformative decade, and as manufacturers' needs are more digitally focused, machine tool builders must evolve their products to meet changing market requirements.

Key Points: 
  • LONDON, March 16, 2023 /PRNewswire/ -- The machine tool manufacturing industry is facing a transformative decade, and as manufacturers' needs are more digitally focused, machine tool builders must evolve their products to meet changing market requirements.
  • According to global technology intelligence firm ABI Research, the machine tool market will grow by a CAGR of 4.3% from 2022 to 2032 and reach US$245.2 billion in manufacturing value added.
  • These findings are from ABI Research's Digital Transformation in the Metalworking and Machine Tool Industry technology analysis report.
  • Based on extensive primary interviews, Technology Analysis reports present in-depth analysis on key market trends and factors for a specific technology.