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January 26, 2012
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Tenaris, CRC-Evans Developing Offshore Welding Program
A steel pipe/tube conglomerate and a manufacturer of pipeline building equipment have agreed to coordinate a portfolio of tubular line pipe and welding technologies for offshore operations. The partners said the deal follows a technical cooperation agreement they entered into one year ago, and will allow them to co-develop specialized pipe metal compositions and properties, as well as welding development standards and qualifications for “the full pipeline catalog,” and for critical applications for offshore pipelines.
[Read the article] |
Real-World Skills, Experience in Virtual Reality Welding
Lincoln Electric has expanded the features and functionality of its VRTEX 360 virtual reality arc-welding training package, including a new virtual workplace, new viewing options, and new scoring modules that will engage students and instructors more fully as they develop and exercise their welding skills.
[Read the article] |
Colfax Completes ESAB Acquisition
ESAB Welding & Cutting Products is now a business unit of Colfax Corp., a producer of pumps, valves, and various fluid-handling products, completing a takeover process that began over six months ago. Colfax Corp., closed the deal with a cash-and-stock offer valued at about $2.3 billion, and then proceeded to install its own executives in critical management posts at the welding and cutting products manufacturer.
[Read the article] |
Welding Using Medium-Power Fiber Lasers
Fiber lasers have been extensively deployed in advanced manufacturing applications, such as precision cutting, micromachining, and rapid prototyping: their performance advantages in terms of beam quality, depth of field, parametric dynamic range, wall-plug efficiency, process versatility, reliability, and cost, have been well recognized. What’s becoming clear now is that single-mode, medium-power optical fiber lasers are well suited to precision welding of metals across a diverse range of applications.
[Read the article] |
Concern Over Pending Lease-Accounting Changes
Fabricators and other domestic manufacturers, as well as machine builders and distributors, are wary about proposed changes in accounting standards that would affect the way leases are accounted on corporate balance sheets. A study by the Equipment Leasing and Finance Foundation concludes the changes “could have a widespread, detrimental impact on the U.S. economy, triggering a $10z billion reduction in gross domestic product (GDP) and 60,000 fewer jobs by 2016.”
[Read the article] |
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