At the base of snowcapped Mount Fuji sits a bright yellow compound that is home to one of Japan’s most profitable -- and secretive -- companies.
Mitsubishi Heavy Industries Ltd. will open a machine tool plant near Shanghai by the end of the year, the Nikkei newspaper reported today, without saying where it got the information.
You don’t hear much about the battle of the Machine Tool Reserve anymore, and that’s a shame. Fought inside the Beltway in the mid-1950s, it was a defining tussle over the nature of postwar national defense.
Nicolas Correa SA , Spain’s biggest maker of milling machines, predicts it will post profits in the next few years on rising sales of machine tools in China, Chairman Jose Ignacio Nicolas-Correa said.
Fanuc Ltd., the world’s largest maker of controls that run machine tools, is shifting focus toward robots to capitalize on China’s automation boom, the company’s founder said.