German Machine Tool Industry Sees Decline in Orders

Orders received by the German machine tool industry in the second quarter of 2020 were 46 percent down on the same period last year.

Unique Plug and Play Deployment in Mechanical and Plant Engineering

The (Open Platform Communications) OPC UA (Unified Architecture) Specification for Machinery represents the first step towards achieving overall harmonization of the numerous established activities in the field of mechanical and plant engineering.

VDW Revises Production Forecast for German Machine Tool Industry

VDW (The German Machine Tool Builders' Association) has revised its production forecast for the current year owing to the second wave of coronavirus, expecting a decline of about 30 percent, which represents a loss of € 5 billion in terms of production volume
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