TPT May 2009

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May 2009 24
Industry News
›
Magnatech International
) is
expanding its operations with
the construction of a new 16,400ft2 facility
in Dronten, The Netherlands. The facility
will be used as a distribution centre for
Magnatech’s line of orbital pipe welding
systems. Construction began in December
2008 with expected completion in late
summer 2009.
Inductotherm Heating &
Welding Technologies (IHWT)
has launched a new website at
. The company
comprises Thermatool Europe and three
divisions of Inductoheat Europe, previously
known as Radyne Ltd, Inductoheat Banyard
Ltd and Newelco Ltd. The new site covers
a wide range of processes and applications
relevant to the tube and pipe sector, such
as the entire range of Thermatool solid-
state HF welders, the Banyard vertical steel
induction (VSI) system and Radyne’s pipe
heating and coating systems.
RathGibson
com), USA, has appointed Mr
Kirk Thorne as vice president
of sales and marketing. With headquarters
located close to Chicago, the company
is a leading global manufacturer of
welded, welded and drawn, and seamless
stainless steel, nickel, and titanium tubing
for a range of industries. Before joining
RathGibson, Mr Thorne worked for Lennox
International.
Seco/Warwick (www.
secowarwick.com), USA,
has promoted Mr Keith
Boeckenhauer to the position of president
of Seco/Warwick Corporation. Mr
Boeckenhauer will be responsible for
the company’s operating activities and
future growth strategies. He is a member
of the board of directors and serves as
the aluminium global product leader
coordinating Seco/Warwick Group’s
aluminium teams in the USA, Poland,
Russia, China and India.
The Linde Group has
announced an increase of
Group sales for 2008 of 8.4
per cent and operating profit increase of
10.3 per cent (after adjustment for the
exchange rate). Without adjustment for
exchange rate effects, the company’s
sales rose by 2.9 per cent to €12.663
billion compared with the prior year
figure of €12.306 billion. On the basis
of reported figures, the Group operating
profit of €2.555 billion was 5.4 per cent
higher than the figure for 2007 of €2.424
billion.
Formtek Asia-Pacific (www.
formtek.com) has been
awarded ISO9001:2000
certification for its quality management
system in the area of design and
manufacture of metal forming
equipment. This achievement
supplements the track record of
Formtek Asia-Pacific for its continuing
focus on quality and reliability in
manufacturing metal forming products.
Formtek produces quality products
to the highest standards all over
the world.
business news in brief…
Business News in Brief…
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