Company News in Brief.Voumard Inc. (Elmsford, N.Y.), the U.S. subsidiary of the Swiss grinder Grinder A slang term for a person who works in the investment industry and makes small amounts of money at a time on small investments, over and over again. Notes: builder, is launching a Midwest service center in Des Plaines, Ill. De-Sta-Co Industries (Madison Heights, Mich.), the manufacturer of manual and power clamps, celebrates its 85th anniversary this year. Its toggle To alternate back and forth between two states. toggle - To change a bit from whatever state it is in to the other state; to change from 1 to 0 or from 0 to 1. This comes from "toggle switches", such as standard light switches, though the word "toggle" actually refers to clamp patent was awarded in 1936. In the 1990s the company moved further into robotics with the acquisitions of Robohand Inc. and EOA EOA Equal Opportunity Advisor EOA Ethics Officer Association EOA End Of Address EOA Effective Orifice Area (cardiology) EOA Esophageal Obturator Airway EOA End of Auction EOA Early Operational Assessment Systems, for end-of-arm tooling. Sandvik Milford Corp. recently terminated a supply agreement with a customer that accounted for 90% of the volume of its plant in Branford, Conn. Now that 100-worker industrial-bandsaw factory will shut down.... Elsewhere, Bahco Tool Co. (Scranton, Pa., formerly Sandvik Saws & Tools Corp before Snap-On acquired it last October) will centralize bandsaw Noun 1. bandsaw - an endless saw consisting of a toothed metal band that is driven around two wheels band saw power saw, sawing machine, saw - a power tool for cutting wood blade production in a new plant in Bramley, England, effective in June. The Advanced Products Division of Mechanical Technology Inc. (Albany, N.Y.) will become a separate subsidiary, MTI MTI Ministry of Trade and Industry (Singapore) MTI Metal Treating Institute MTI Moving Target Indicator (radar) MTI Magyar Távirati Iroda (news agency in Budapest, Hungary) Instruments, to be headed by Edward Dohring. The unit makes highprecision noncontact measurement products. Milacron, Inc. completed a public offering in Eurobonds through its Milacron Capital Holdings B.V. subsidiary. The proceeds will be used for a $100-million repayment of notes maturing next month and for general corporate purposes. |
|
||||||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion