MAG Acquires French Machine Tool and Composites Processing Leader; Also Sells Two New Machining Centers to Aerospace Manufacturer
MAG has acquired the highly respected French company, Forest Liné Industries Group (FLI). Forest Liné specializes in manufacturing systems for aerospace applications, dies/molds, large parts, titanium and composites processing. The company is a technology leader in composite wing and wing box applications, and operates sites in France, Germany, China and Canada, employing about 300. Mr. Jean Bertrand Prot will continue as President and CEO of FLI and join the MAG Executive Board.
"This acquisition gives MAG another significant point of access to aerospace composites technology, manufacturing resources and demonstration facilities, as well as additional market and customer segments," said Dan Janka, President of MAG Global Industrial Systems. "Liné has always been an innovator, and its technology portfolio is highly complementary with our own, so we anticipate a wide range of new opportunities to result from this acquisition."
Aerospace Dynamics International Purchases Two Five-Spindle MAG Ti Profilers
Aerospace Dynamics International, Inc. (ADI) will increase production of titanium parts for the Airbus A350 and Boeing 787 with two new MAG 5-spindle Ti profilers, ordered in the first quarter of 2011. The new machines are part of a $100 million expansion that includes two recently delivered MAG U5 universal machining centers, two MC 1600 boring mills and MAG's Freedom eLOG monitoring software. The two newest machine tools join 32 other mostly MAG profilers at the facility, including a five-gantry multi-spindle system on 210-foot rail and two three gantry multi-spindle systems on 234-foot rails. Aerospace Dynamics International is also planning to acquire two additional MAG 5-spindle Ti profilers, as well as two 5-spindle wide-range machining centers with 50-taper tools.
"The new MAG profilers, and others like them in our shop, simply make us more efficient and competitive in the global aerospace machining market," said ADI President and CEO John Cave. "The key is that we can complete up to five parts per setup, and always have the spindles making chips while new workpieces are being setup in another work zone, which minimizes out-of-cut time. In machining titanium, a single-spindle machine is limited to about the same speeds and feeds as our profilers, and even with a fast toolchanger, a single-spindle machine is no match for one that completes five hard-metal parts in the same cycle. We get five parts in the same cycle time that a single-spindle needs for one part. That's productivity enhancing performance that we pass on to our customers." ADI also purchased tooling and applications support from MAG's Productivity Solutions business to ensure world-class competitiveness and productivity in machining titanium.
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