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Press Releases from MAG Europe GmbH (8 total)

MAG at the AMB: Full range manufacturing solutions provider expands capabilities …

MAG at the AMB (Exhibition for Metal Working) in Stuttgart: Hall 5, Stand A11 from Sep.18th to 22nd, 2012 Göppingen, August 23, 2012 - If you're looking for the latest developments in metal processing at the AMB, you will find many of the most important technologies at the MAG stand. The impressive display includes machine tools for milling, turning, hobbing, coldforming, and honing as well as application-specific combinations of these technologies

Dr. Gerald Weber to become new CEO of MAG Europe Group

* Automotive and aerospace expert Weber is moving from MAG Europe GmbH Supervisory Board to MAG Europe Group Executive Board (MAG Europe GmbH and MAG IAS GmbH) * Rolf Rickmeyer is leaving the Executive Board according to contract and will continue the restructuring as Chief Representative and member of the management team * MAG Europe Group sees solid six-month figures (US GAAP): 54 percent increase in revenue over the same period

MAG's global automotive business achieves record growth

* Significant growth rates, bookings and backlog cap a year of extraordinary achievements * Manufacturing technology provider participates strongly in Asian markets and secures new projects jointly engineered and produced in the Americas, Europe and Asia * Innovative machining features foster technology leadership Göppingen, February 6, 2012 - MAG IAS, LLC (MAG Americas) and MAG Europe GmbH (MAG Europe) ended 2011 with a strong close and backlogs which stretch to 2013 in the

MAG IAS GmbH – new ownership structure and credit facility

- Mo Meidar transfers shares of parent company MAG Europe GmbH to trust entities - Transfer opens up possibility for new investor to step in and strengthen the operational business - Credit facilities adapted to support current growth, management and financial partners working on long-term financing agreements Göppingen, November 24, 2011 – The shares of MAG Europe GmbH, parent company of MAG IAS GmbH, have been transferred to German trust entities. The new

MAG acquires French aerospace and composite production specialist Forest Liné

Publication of a quasi ad hoc news under the Bondm regulations Göppingen, May 19, 2011 – MAG reinforces its commitment to global technology leadership as a provider of manufacturing solutions for metal cutting and composite machines by acquiring the recognized French Forest Liné Industries Group (FLI). Forest Liné specializes in manufacturing equipment for the aerospace, die and mold industries, large part machining, titanium and composites processing. The company is the technology

New contract in solar energy sector - MAG to deliver a turnkey production line f …

Göppingen, April 21, 2011 - MAG's Renewable Energy business unit has been selected for a turnkey project. The machine tool company and technological market leader will deliver a turnkey 30-MW system for photovoltaic modules to Poland from its production facility in Schaffhausen (Switzerland). MAG has many years of know-how in the field of automated solu-tions for the production of solar modules and wind turbine systems, brought together in MAG's Renewable

MAG will leverage fiber cutting process breakthrough

New system launches flexible, economic processes in the automotive, electronic and consumer goods industries Göppingen, January 4, 2011 - The new fiber cutting and dosing underscores the pioneering role of the machine builder MAG in developing modern manufacturing processes for composites applications. MAG's new FiberCut Unit implements process technology innovations in the cutting process of technical fibers, e.g. for the manufacture of SMC, BMC compounds (Sheet/Bulk Molding Compounds) or fiber

MAG receives second outstanding supplier award from SGMW

MAG Powertrain division honored by Chinese automaker for its XS 211 and XS 321 production lines. Qingdao/Eislingen - MAG Powertrain recently received an "Outstanding Supplier" award from SAIC-GM-Wulin (SGMW) at a ceremony in Liuzhou, China, held to recognize suppliers for excellent technologies, products and service provided in 2009. This is the second consecutive outstanding supplier award MAG has received from SGMW, the largest manufacturer of commercial vehicles, such as minivans and

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