AMETEK, Inc. and Zygo Corporation announced that they have entered into a definitive merger agreement under which AMETEK will acquire all of the outstanding shares of common stock of Zygo at a purchase price of $19.25 per share in cash
According to a new report of "Nondestructive Testing Market by Application, Technology, End user, & Geography - Forecast & Analysis 2014-2020" published by MarketsandMarkets, the market is estimated to grow at a CAGR of 3.5% to reach $1720.96 Million by 2020.
The Commonwealth Center for Advanced Manufacturing (CCAM) announced the appointment of two scientists to join the applied research center’s staff and direct the development of new industrial technologies undertaken by CCAM member companies.
Trescal announced that it has acquired Instrument Calibration Services and Test Equipment Repair Corporation, two companies that provide calibration and repair services for a wide variety of measurement and test equipment.
According to information released by Navitar, Inc., Chinese metrology machine maker, Dongguan Jiateng Instrument Co., Ltd. of China, and it’s owner Peng Xiong liang, were fined 20,000 RMB by the local Dongguan China Bureau of Administration for Industry & Commerce (AIC) for falsely advertising on its website, advertisements, and brochures that Jaten metrology inspection machines included Navitar trademarked video microscope lenses as components, when in fact, they did not.
The Manufacturing Skill Standards Council (MSSC) is one of the four national programs nominated for the Great Lakes Manufacturing Council's Talented Workforce Initiative.
High demand for machines in manufacturing sectors ranging from auto making to packaging will push the industrial machinery market to new heights during the next five years.
Zygo Corporation announced that its Semiconductor Advanced Packaging Systems group has been awarded an order valued in excess of $3 million from a major Asian IC substrate manufacturer.
Quality Vision International (QVI) announced that it has acquired ShapeGrabber Incorporated, a manufacturer of automated 3D scanners for industrial applications.