Climax Portable Machine Tools, Inc. and Hyundai Heavy Industries Co., Ltd. Announce Cooperative Agreement To Build Customized Circular Mill.NEWBERG, Ore. & SEOUL Seoul (sā`  l, sā` l, sōl), city (1995 pop. 10,229,262), capital of South Korea, NW South Korea, on the Han River. , South Korea -- Building on the continued
demand for its tools in the global market, Climax ClimaxFollowing a protracted period of selling or buying, a point wherein market trends are retarded or discontinued. Notes: At a selling climax, the market is characterized by a trend reversal whereby the market begins to buy stocks and prices rise. Portable Machine Tools, Inc., a strategic provider of comprehensive, on-site machining tools and custom solutions, announced a cooperative agreement with Hyundai Heavy Industries Co., Ltd, the world's largest shipbuilder. The two companies signed a contract for Climax to develop a custom designed circular mill, based on the Climax PM6000 portable milling machine milling machine Machine tool that rotates a circular tool with numerous cutting edges arranged symmetrically about its axis, called a milling cutter. The metal workpiece is usually held in a vise clamped to a table that can move in three perpendicular directions. , to be used for a new construction project. As part of the cooperative agreement, Climax will train machinists at Hyundai Heavy Industries on the capabilities of the new milling machine. Climax is scheduled to complete the on-site training and commissioning during October 2006. Hyundai Heavy Industries chose the Climax solution over other machine options because its machine specifications meet higher tolerances and milling capabilities. A further benefit is its ability to do the job in a shorter period of time. Under the terms of the agreement, the customized circular mill was delivered to Hyundai Heavy Industries in July 2006. Hyundai plans to place additional tool orders with Climax for other construction and repair work in the shipbuilding industry Noun 1. shipbuilding industry - an industry that builds ships industry - the people or companies engaged in a particular kind of commercial enterprise; "each industry has its own trade publications" shipbuilder - a business that builds and repairs ships . The customized circular mill utilizes the X-Axis bed and spindle spindle: see spinning. A rotating shaft in a disk drive. In a fixed disk, the platters are attached to the spindle. In a removable disk, the spindle remains in the drive. Laptops use spindle designations to indicate the number of built-in drives. assembly of the PM6000 Portable Mill, mounted to a precision ground rotary table A rotary table is a precision work positioning device used in metalworking. It enables the operator to drill or cut work at exact intervals around a fixed (usually horizontal or vertical) axis. . Custom engineering included modifications that allow this machine to face mill in a diameter range of 78.74 inches to 196.9 inches (2m to 5m). The circular mill offers a flatness tolerance within .002 inches (.05mm), which will enable operators to accurately mill the base ring diameter. It also features an ID mounting range from 78.74 inches to 90.55 inches (2m to 2.3m). The Climax machine is counterweighted and capable of milling horizontally, vertically, or in any position in between. This flexibility gives the machine the versatility to be adapted to other milling projects in the future. Hyundai Heavy Industries plans to use this custom tool for a base ring application on-board On board usually means to be traveling on some vehicle. For example, Baby On Board. Compare with overboard. Metaphorically, the term on-board is often used to refer to some piece of technology that is integrated in a moving vehicle, for example: "We chose to work with Climax because of the company's excellent reputation within the machine tools industry and our shared culture for high quality standards," said Cha Dong Mok, Deputy General Manager, Special Shipbuilding Division of Hyundai Heavy Industries. "When we look for partners, we look for companies that offer the highest degree of engineering skills, standards and superior quality assurance." "Climax is proud of its recent cooperative agreement with Hyundai Heavy Industries, and of our ability to support the needs of our international partners for powerful and precise portable machining tools, consulting and engineering services," said Climax CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Geoff Gilmore, Ph.D., P.E. "Our years of experience in the machine tools industry and service to the shipbuilding industry gives our customers assurance that we will exceed their expectations for customized tools." About PM6000, Three-Axis Mills The PM6000 (http://cpmt.com/docs/pm/PM6000.pdf) is a highly versatile hydraulic milling system that can be specified with 72, 96, or 120 inches (1829, 2438 or 3048mm) of X-axis travel. High spindle torque produces metal removal rates of up to 4.5 cubic inches Noun 1. cubic inch - the volume equal to a cube one inch on each side cu in capacity measure, capacity unit, cubage unit, cubature unit, cubic content unit, cubic measure, displacement unit, volume unit - a unit of measurement of volume or capacity (73.8 cubic cm) per minute with the 10 HP hydraulic power unit. Its multi-position milling head enables it to mill in nearly any position. By adding axis pendants, milling functions can be controlled remotely. About Climax Portable Machine Tools, Inc. Based in Oregon Oregon, city, United States Oregon, city (1990 pop. 18,334), Lucas co., NW Ohio, a suburb adjacent to Toledo, on Lake Erie; inc. 1958. It is a port with railroad-owned and -operated docks. The city has industries producing oil, chemicals, and metal products. , Climax Portable Machine Tools, Inc. is a strategic world-class provider of comprehensive, on-site machining solutions. The company offers specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. engineering consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" , customized training programs and a full line of portable machine tools enabling customers to efficiently perform on-site machining for applications in the shipbuilding, power generation, and service and engineering sectors. Climax Portable Machine Tools pioneered the portable machine tools concept. As the world's largest supplier of portable machine tools, it offers standard and custom-built solutions and serves the domestic and international markets through its own international offices and licensed representatives in 23 countries. More information about the company is available at www.cpmt.com. |
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