Biz bits

July 1, 2008
Schunk, Joe Gibbs Racing form partnership Schunk Inc., Morrisville, N.C., is partnering with Joe Gibbs Racing, one of NASCAR's premier Sprint Cup Racing

Schunk, Joe Gibbs Racing form partnership

Schunk Inc., Morrisville, N.C., is partnering with Joe Gibbs Racing, one of NASCAR's premier Sprint Cup Racing teams. Schunk will serve as the official workholding solutions provider of the racing team, including the #20 Home Depot Toyota driven by Tony Stewart, #18 M&M's Toyota driven by Kyle Busch, and #11 FedEx Toyota driven by Denny Hamlin. Schunk will assist the racing team by developing workholding solutions that will let the team make track-specific modifications to the racecars by getting car parts cut quickly. For more information, visit www.schunk.com.

Yaskawa — Over ten million served

We're not talking hamburgers; we're talking ac drives. Yaskawa Electric America Inc., Waukegan, Ill., recently became the world's first company to ship 10 million variable frequency drives, according to company sources. Yaskawa claims to have more than 14% of the global market for drives rated from 0.1 to 300 kW. The 10-millionth drive was a V1000 variable frequency drive. For more information, visit www.yaskawa.com.

alpha gear drives changes name to Wittenstein

Blue gearboxes from alpha gear drives inc., Bartlett, Ill., have become a recognizable entity in the servo gear world, much like Tiffany's blue boxes are familiar to jewelry fans. While the blue gearboxes aren't going away, alpha gear drives will change its name to Wittenstein Inc. as of this month, to be consistent with the company's other business units. Wittenstein develops, manufactures, and markets servo drive components and electromechanical systems. For more information, visit www.wittenstein-us.com.

Festo-USA announces new CEO/President

Festo Corp., Hauppauge, N.Y., welcomes Mike Cybulski as its new U.S. president and CEO. Cybulski joins Festo with an educational background in mechanical engineering, as well as operations and sales experience. His mantra of “teamwork and direct contact” with employees and customers brings renewed enthusiasm to Festo U.S., according to company sources. Festo is a global manufacturer of pneumatic and electromechanical systems, components, and controls for industrial automation, with 56 national headquarters serving more than 180 countries. For more information, visit www.festo.com/usa.

Misumi USA celebrates 20th anniversary

Misumi USA Inc., Schaumburg, Ill., a subsidiary of Japan-based Misumi Corp., recently celebrated its 20th anniversary. In 1988, Misumi USA was established to supply mechanical components for factory automation, as well as press die and plastic mold components, cutting tools, and gauges. The company's business model includes no tooling charges, no minimum order charges, and the option of same day shipment on configured components. Over the past few years, Misumi has become well known for its configurable component generator and online ordering system. For more information, visit www.misumiusa.com.

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