UK - Renishaw's Head of Communications Chris Pockett puts it in a nutshell: "We are always restless, always investing in the future." The precision engineering company has been experiencing serious growth over the last few years and on 21 July revealed some of its innovative products which will make their European trade show debut at EMO 2015 in Milan.

Industeel, a division of steel giant Arcelor Mittal, has developed a free-machining martensitic stainless steel. The supplier talks about how the metal’s properties and milling characteristics stack up against standard grade DIN X 33 CrS 16 (W 1.2085).

Doosan has unveiled a radical new design, introduced large machines and aims to double European sales within five years. Jaeyoon Lee, the head of the Doosan Infracore Machine Tool Group, outlined the strategy to ETMM Publisher Ken Fouhy.

Germany – Technology developments are increasing the demand for manufacturing of micro-scale components. These trends present mould makers with new and diverse challenges. LMT's micro-cutters help to reduce machining times.

Haas' VF-2SS-EU, the company's popular high-speed vertical machining centre will be offered for up to 19% discount at the Metav trade show.

Germany – Combining different processing steps in one machine is attractive for several reasons: it saves space, a component can be machined in a single setup, and higher accuracy can therefore be achieved. Hybrid machines, where additive manufacturing processes are incorporated in one machining centre, are currently in fashion. Renowned companies in the sector, ranging from DMG Mori and Hamuel to Hermle and Mazak, in the meantime offer suitable machines.

Even though the third generation joined the family-run company Mapal several years ago, the founder's son, Dr Dieter Kress, still does not want to stop working. He is proud that he is still able to make a contribution to the success of the German-based company. This year, Dr Dieter Kress, the President of Mapal Dr. Kress KG, celebrated his 75th birthday.

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Japan/Germany – Japan-based DMG Mori Co. has acquired further shares in the German DMG Mori AG and reached a total shareholding of 76% of shares in AG, including the shares by its consolidated company, DMG Mori GmbH, the company announced.

Germany – In order to remain competitive, companies have to produce workpieces more and more quickly, while still maintaining maximum levels of precision and surface quality. Open Mind has released a machining performance package that is said to provide machining time savings of up to 90%.