Press Releases
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International business bolsters German forming technology in 2023
International business bolsters German forming technology in 2023
International business bolsters German forming technology in 2023
USA supersedes China as strongest export market Frankfurt am Main, February 23, 2024. – The production in German forming technology, one of the most important segments in the machine tool industry, declined in 2023 by a marginal 2 …
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No turnaround in sight for machine tool orders
No turnaround in sight for machine tool orders
No turnaround in sight for machine tool orders
Orders received by the German machine tool industry in the fourth quarter of 2023 were 17 percent down on the previous year’s figure. Orders from Germany fell by 20 percent whereas those from abroad dropped by 15 percent. Demand increased by 11 percent in nominal terms in 2023 as a whole. Domestic d...
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“NORTEC is alive” – Trade Fair for Manufacturers lays a good foundation in 2024 for the new start
“NORTEC is alive” – Trade Fair for Manufacturers lays...
“NORTEC is alive” – Trade Fair for Manufacturers lays a good foundation in 2024...
After four exciting days under the new management of Messe Stuttgart and the German Machine Tool Builders’ Association (VDW) (Association of German Machine Tool Manufacturers), NORTEC closed its doors today after achieving remarkable results. Between 23 and 26 January 2024, NORTEC welcomed 4,800 tra...
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NORTEC 2024: Meeting point for innovations
NORTEC 2024: Meeting point for innovations
NORTEC 2024: Meeting point for innovations
Around 200 exhibitors taking part in the trade fair under new management
NORTEC opened its doors today at Messe Hamburg with a lively start. The Trade Fair for Manufacturers is being held from 23 to 26 January 2024 for the first time under new management. Messe Stuttgart and the German Machine T...
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Machine tool industry expecting decline in production
Machine tool industry expecting decline in production
Machine tool industry expecting decline in production
In 2024, the German machine tool industry is expecting production to decline by almost 3 percent to EUR 14.8 billion in nominal terms. "A nominal record volume of 17.0 billion euros was posted in 2018/2019, and five years later, there is still no sign of this figure being matched," said Franz-Xaver ...
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GrindingHub launches Grinder of the Year competition
GrindingHub launches Grinder of the Year competition
GrindingHub launches Grinder of the Year competition
Young talents can now register for the Grinder of the Year competition and put their theoretical knowledge and practical grinding skills to the test. Also to be won, alongside the Grinder of the Year 2024 title itself, are training vouchers of up to 3,500 euros in value and many other attractive pri...
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