- Olympia in receivership, will attempt
reorganization.
Canadian machine-tool builder Olympia Engineering Ltd. has installed more than 160 machine tools mostly VBMs and HBMs--across North America since it was started in 1994. Recent debt problems tied to the collapse of the U.S. machine-tool market led its management, headed by president Lev Kishlyansky, to try to renegotiate bank ......
- Distributor Phillips buys Olympia.
Phillips Corp., the Baltimore-area machine-tool distributor and machine manufacturer, has acquired majority ownership of Olympia Engineering Group, the Toronto-area builder that specializes in new and rebuilt VTLs, HBMs, and large machining centers. Details of the financing were not immediately available. The purchase is described as the last and most important ......
- WorldFuture 2006: creating global strategies for
humanity's future.
July 28-30, 2006 * Sheraton Centre Toronto Hotel * Toronto, Ontario, Canada. We live in an era of unparalleled transition. The technological, economic, environmental, and philosophical shifts of the next decade will be felt for generations to come. For good or ill, humanity's future is indeed being created today. [ILLUSTRATION ......
- Maut S.p.A. (Voghera, Italy), the producer of large
gantry-type machine tools, has finalized an agreement with Gross
Machinery Group (Toronto, Ontario, Canada) for representation in North
America.
Maut S.p.A. (Voghera, Italy), the producer of large gantry-type machine tools, has finalized an agreement with Gross Machinery Group (Toronto, Ontario, Canada) for representation in North America, according to Maut sales manager Accorti Graziano. At Gross Machinery, president Michael Gross will handle the line. Maut (www.maut.it) had been in discussions ......
- Reorganized Olympia settles into new, larger plant,
re-enters retrofit biz.
For several years prior to 2000, the owners of Canadian machine-tool builder Olympia Engineering Group were involved mostly in the retrofit and rebuild market, with nearly 450 installations in North America. Now, following a few years in which efforts centered on building new machines, a financially restructured Olympia is partially ......
- Arvin Sets Controls for Smooth
Ride.
Canadian plant turns itself around with lean practices. In the early 1990s, the Arvin Ride and Motion Control plant in Toronto, Canada, was headed for the graveyard. Labor relations and productivity were terrible. Its 1950's vintage tooling and lack of trust between workers and management were in desperate need of ......
- SARC Certificate of Merit presented at annual conference
The Special Libraries Association Student and Academic Relations Committee (SARC) extended their sincere thanks and hearty congratulations to the student groups who participated in this year's SARC Certificate of Merit Award Program. The committee received twelve nominations in the three categories and one chapter/division nomination. Each group was invited to ......