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Metalworking (rec.crafts.metalworking) Discuss various aspects of working with metal, such as machining, welding, metal joining, screwing, casting, hardening/tempering, blacksmithing/forging, spinning and hammer work, sheet metal work. |
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ThyssenKrupp sells MetalCutting business
http://www.jsonline.com/bym/news/aug05/349939.asp In a deal expected to close before the end of the year, ThyssenKrupp AG would sell its metal-cutting business, which includes Giddings, to privately held Maxcor Inc. of New York. The purchase price was not disclosed, but ThyssenKrupp said it would take a loss on the sale. http://www.fadal.com/ ThyssenKrupp MetalCutting Cross Hüller Hüller Hille Giddings & Lewis Hessapp Fadal Witzig & Frank |
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"John Scheldroup" wrote in message ... http://www.jsonline.com/bym/news/aug05/349939.asp In a deal expected to close before the end of the year, ThyssenKrupp AG would sell its metal-cutting business, which includes Giddings, to privately held Maxcor Inc. of New York. The purchase price was not disclosed, but ThyssenKrupp said it would take a loss on the sale. http://www.fadal.com/ ThyssenKrupp MetalCutting Cross Hüller Hüller Hille Giddings & Lewis Hessapp Fadal Witzig & Frank http://www.thyssenkrupp.com/en/press...device=printer Press release, Aug. 12, 2005 Technologies completes portfolio optimization Best-owner found for ThyssenKrupp MetalCutting The sale of the MetalCutting business unit completes the portfolio optimization of the Technologies segment. In the future, Technologies will concentrate on the business units with growth potential – Plant Technology, Marine Systems and Mechanical Engineering. |
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I guess Kearney and Trecker would be included since they're owned by
Giddings. Not that they make anything anymore. "John Scheldroup" wrote in message ... http://www.jsonline.com/bym/news/aug05/349939.asp In a deal expected to close before the end of the year, ThyssenKrupp AG would sell its metal-cutting business, which includes Giddings, to privately held Maxcor Inc. of New York. The purchase price was not disclosed, but ThyssenKrupp said it would take a loss on the sale. http://www.fadal.com/ ThyssenKrupp MetalCutting Cross Hüller Hüller Hille Giddings & Lewis Hessapp Fadal Witzig & Frank |
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"AL" wrote in message news I guess Kearney and Trecker would be included since they're owned by Giddings. Not that they make anything anymore. China is buying up those great old hydraulic knee mills to ship off to China. Very best hor/vert mills for all around strength and rigidity which I have used, the ones I worked on were probably built back in WW2 too. John |
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On Wed, 24 Aug 2005 12:15:59 -0500, "John Scheldroup"
wrote: http://www.jsonline.com/bym/news/aug05/349939.asp In a deal expected to close before the end of the year, ThyssenKrupp AG would sell its metal-cutting business, which includes Giddings, to privately held Maxcor Inc. of New York. The purchase price was not disclosed, but ThyssenKrupp said it would take a loss on the sale. http://www.fadal.com/ ThyssenKrupp MetalCutting Cross Hüller Hüller Hille Giddings & Lewis Hessapp Fadal Witzig & Frank This is the same Krupp that ran all the concentration camp factories using Jew and Polish slave labor during the 30s and early 40s? Gunner "Pax Americana is a philosophy. Hardly an empire. Making sure other people play nice and dont kill each other (and us) off in job lots is hardly empire building, particularly when you give them self determination under "play nice" rules. Think of it as having your older brother knock the **** out of you for torturing the cat." Gunner |
#6
Posted to alt.machines.cnc,rec.crafts.metalworking
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ThyssenKrupp sells MetalCutting business
Hey John, I see where they sold the heat-treat plant too, in Windsor, Ontario. Was called Thyssen Marathon for many years, but now it answers "Swiss Steel International". Brian Lawson, Bothwell, Ontario. XXXXXXXXXXXXXXXXX On Wed, 24 Aug 2005 12:15:59 -0500, "John Scheldroup" wrote: http://www.jsonline.com/bym/news/aug05/349939.asp In a deal expected to close before the end of the year, ThyssenKrupp AG would sell its metal-cutting business, which includes Giddings, to privately held Maxcor Inc. of New York. The purchase price was not disclosed, but ThyssenKrupp said it would take a loss on the sale. http://www.fadal.com/ ThyssenKrupp MetalCutting Cross Hüller Hüller Hille Giddings & Lewis Hessapp Fadal Witzig & Frank |
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