Laser systems market expected to decline 10% to $16bn in 2020
25 November 2020
The demand for laser systems in the microelectronics segment is expected to grow in 2020, however
Industry
Roo Engineering's workforce has doubled since March. (Image: Business Live)
Start-up sheet metal fabricator triples turnover during lockdown
24 November 2020
Roo Engineering, which was started in April 2019, has grown from an initial three employees to a workforce of 27, and now operates across two sites
The new smart factory demonstrates how different machine types can be interconnected in a network. (Image: Trumpf)
Trumpf sales revenue falls 8 per cent, new smart factory opened
26 October 2020
Sales revenue fell from €3.8 billion to €3.5 billion in the fiscal year 2019/20
The firm invested £1m in a 10kW TruLaser 5030 fiber machine from Trumpf earlier this year.
UK cutting firm returns to pre-lockdown levels of business
27 September 2020
The firm quickly reacted to the pandemic by incorporating social distancing in addition to home-working, which allowed it to remain open
Scanlab's headquarters in Puchheim, Germany
Scanlab buys stake in Holo/or
15 September 2020
Laser scan system manufacturer Scanlab is purchasing a 25 per cent stake in Holo/or through its parent company, TechInvest Holding
Share of total exports of laser systems in Germany. (Source: VDMA)
Production and export of German laser systems drops 18 per cent in 2019
7 September 2020
The decline has been linked to the ailing global economy, structural transformation in the automotive industry, and politically motivated upheavals
AI-based solutions for smart factories will be developed within the alliance. (Image: Fraunhofer IPA, Rainer Bez)
Trumpf and Fraunhofer IPA partner to develop AI solutions for sheet metal processing
10 August 2020
Over the next five years, the two entities will develop solutions for better data quality in manufacturing, enabling efficiency gains to be achieved using AI
Trumpf sales decline due to weakening economy, structural changes in automotive industry, and Covid-19 'catalyst'
22 July 2020
Trumpf’s sales dropped by approximately 8 per cent to €3.5 billion in the 2019/20 fiscal year
56,307 international trade visitors attended EuroBlech in 2018
EuroBlech 2020 postponed until spring 2021
9 July 2020
A virtual hub for the sheet metal working industry will instead be held in October to facilitate networking and aid recovery following the Covid-19 pandemic
Amada offers welding support for ventilator production
22 May 2020
Amada stated that it 'is ready to provide manufacturers with additional welding technology to meet these unprecedented needs'
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