Melrose Industries Share Discussion Threads

[brexitplus] 12/9/2018 07:29

GKN is First to Adopt New Metal 3DP Process

HP Metal Jet powder-bed process producing stainless steel parts for Volkswagen and Wilo

GKN Powder Metallurgy will be the first manufacturer to install and operate a new binder-jet additive manufacturing technology developed by HP Inc., to produce “functional metal parts” for Volkswagen and Wilo, a pumps manufacturer. The GKN unit and HP described their new arrangement as “a strategic collaboration.”;

GKN Powder Metallurgy will be the only company using the new HP Metal Jet process to produce automotive and industrial parts until the machine is available to the general market in 2020.

For now, HP Metal Jet is optimized to produce stainless steel parts, but other alloys will be introduced in the future.

“Our vision for additive manufacturing in the enterprise moves beyond prototypes and small-series production and into mass production," said Peter Oberparleiter, CEO of GKN Powder Metallurgy. “We see a future where every modern digital company will have a cutting-edge 3D printer in their facilities, enabled by GKN technology, design and support, to produce metal parts in 24 hours. This strategic partnership with HP is the tipping point to accelerate that vision,” said Peter Oberparleiter, CEO of GKN Powder Metallurgy.

HP Metal Jet, introduced at IMTS 2018, is described as "a paradigm shift" in metal 3D printing, with greater productivity ("up to 50-fold") compared to other 3D printing methods, at nearly half the cost of other binder jetting systems. It is said to be similar to HP’s Multi Jet Fusion technology for printing plastic parts.

Working on a 430x320x200-mm bed of powdered metal, six printer heads deposit a binder according to the pattern set by the part’s CAD design. Next, an “energy source” melts successive layers of the metal into a three-dimensional part. In a subsequent step, the part is sintered into its final state.

In first half of 2019, customers will be able to receive industrial-grade parts in higher quantities. GKN will produce parts using HP Metal Jet to ensure the highest standards of engineering and production quality.

“Powder production and metal part processing are part of our DNA, and we have a long history of collaborating with customers and industrializing solutions that bring great benefits to the entire industry,” Oberpartleiter added. “As we join forces with HP, we want our customers to challenge us to break design barriers and accelerate the adoption of binder jetting technology as it is a wonderful complement to our existing additive manufacturing technology offerings.”

[gettingrichslow] 11/9/2018 20:12

B+, yes, and you always know when you've won an argument with Minerve because he goes AWOL - a complete coward!!

[brexitplus] 11/9/2018 19:59

Getting, all of your post is so true.

[gettingrichslow] 11/9/2018 18:07

Minerve, FT have been writing negative articles about Plus500 for years including when share price was as low as £1.50. None of what they predicted actually happened. FT also said UK would sink into recession in immediate aftermath of a Leave vote. Wrong again. I could go on but about to get on a train!

[brexitplus] 11/9/2018 17:12

Yertiz

Another high for Autolus today. $33?

[meanwhile] 11/9/2018 15:42

Minerve,

You might scoff at the current MRO price but just wait until the sentiment kicks in. You might not be scoffing then.
Unless, of course, the sentiment depended on the numbers. And unless the numbers have gone, and taken the sentiment with them.

[brexitplus] 11/9/2018 11:36

GKN Aerospace is improving production times and removing design constraints for multiple tooling applications since integrating additive manufacturing at its Filton manufacturing site in the UK. GKN serves over 90% of the world’s aircraft and engine manufacturers with aerostructures, engine systems and technologies.

According to Tim Hope, additive manufacturing centre manager, at GKN Aerospace, the company decided to invest in a Stratasys F900 production 3D printer in a bid to cut lead-times for production line tools, and to create complex parts, impossible to make with traditional manufacturing methods.

“Since integrating the F900, we have dramatically reduced production line downtime for certain teams and are enjoying a newfound freedom to design complex tools,” he said.

Traditionally, the lead-time required to produce a metal or plastic replacement tool is several weeks. Now, with the ability to use an in-house production 3D printer to do the same job, the replacement burden has been removed and the responsiveness to manufacturing requirements improved.

“We can now cost-effectively produce tools for our operators within three hours,” Mr Hope explained. “This saves critical production time, and by printing in engineering-grade thermoplastics, we can produce 3D printed tools with repeatable, predictable quality every time. All while matching the quality of a traditionally-produced tool, and reducing the costs and concessions compared to equivalent metallic tooling.”

While GKN Aerospace is using a standard thermoplastic today, it is experimenting with Stratasys’ high-strength, heat-resistant ULTEM 1010 resin material for these applications.

In addition, GKN Aerospace is reporting unprecedented levels of design freedom since investing in the Stratasys F900 into its operations: “One of the key benefits of additive manufacturing is the creative freedom this technology affords users,” Mr Hope added.

“The F900 offers the largest build-size of any FDM 3D printer enabling us to rapidly produce tools to meet any requirements. Most notably, complex geometries and cavities that would otherwise be problematic are now practical with the F900.”

In addition to design freedom benefits, GKN Aerospace has also seen a 40% decrease in material waste.

Mr Hope anticipates a greater move towards the use of FDM additive manufacturing to produce high-value, flight-critical, end-use composite parts: “GKN Aerospace’s product range is vast, and we see large-scale FDM and carbon-reinforced parts as the future of additive manufacturing in aerospace,” he concluded.

[minerve] 11/9/2018 09:04

The directors of Melrose just use an old method of business execution. It may bring short-term shareholder value but that might be at the expense of long-term shareholder value.

These changes of business structure generally are all to do with digitization of companies, protocols and procedures which allow removal of numbers and make geography less important in many cases. Globalization is also a reason. It isn't a model that Melrose founded and does not make them anymore special than the next board.

When the directors have remuneration packages as such it skews the focus towards them and potentially clashes with other shareholders and certainly clashes with other stakeholders.

The fact the share price has risen many times doesn't make them good stewards of a business IMO.

[minerve] 11/9/2018 08:55

Plus500: subtraction reaction
Shares have had a great run but the good times may be in the past - FT

Any updates as to how your Plus 500 investments are doing?

LOL

[brexitplus] 11/9/2018 08:52

EssentialInvestor

Thank you for your realistic post.

GKN will take time but initial indications are good. The management appears to be investing “hell for leather” in the latest AM technology in both AeroSpace and Auto to reduce waste, enhance product introduction, and increase margins. And both are embracing this technology prior to the sale of Metallurgy, which itself is moving forward quickly thus enhancing its sale price.

Steeplejack

Political hand-tieing can be seen as a negative but in my view it will increase the speed of development of Aerospace. As Melrose demonstrates what the business was capable of it will make future possible U.K. deals easier. And Melrose has a couple of options. Either sell to UK company or, which I think the more likely, float Aerospace on the FTSE.

Essential Investor is quite correct. The Melrose team are excellent, and I see the GKN acquisition as being very productive for investors.

Just my opinion of course.

[steeplejack] 11/9/2018 08:12

There's an an element of political hand-tieing that may make it more difficult to achieve goals.They'll get there but it might be a slog.

[essentialinvestor] 10/9/2018 19:47

I've followed this management team since the days of Wassall PLC,
which I held, and they are about as good as it gets.
They returns they've produced are utterly exceptional.
Plenty of BOD's are extremely well paid for achieving little,
or in some cases destroying shareholder value.

The GKN buy is in a different league to anything else they've bought, improved
and sold. The price looked full, surprised they did not go for SMIN,
not holding atm.

[gettingrichslow] 10/9/2018 19:42

One what??

[gettingrichslow] 10/9/2018 19:27

Meanwhile, what about your judgement in saying for months that MRO share price is going nowhere fast, yet still holding, while constantly criticising the company. Why not just sell up and move on if that's your view??

[meanwhile] 10/9/2018 19:23

brexit,

Why would I want to post under another name? Your judgement is lacking but we know that of course.
In the last 2 days you've made some ridiculous judgements.

- The UK makes a great success of 'the last night of the proms'. Therefore we don't need the European Union.
- A 3rd poster questions the actions of the Melrose board. There can only be 2 posters with this message so the 3rd must be one of the original 2.

It's no surprise you ended up with a 3rd class degree.

[hvs] 10/9/2018 19:19

You a FACIST ????

[brexitplus] 10/9/2018 19:08

NORTEK

1. At this year’s CEDIA expo, Nortek Security & Control (NSC) has debuted two ‘intelligent’ ELAN touch panels adding both facial recognition and voice control to their capabilities.

Available in 8- and 12-in models, the touch panels bring support for voice control, high resolution video and IntelliVision face recognition technology into one interface.

“These new interfaces go way beyond what we’d normally call a ‘touch’ panel,” commented ELAN product manager, Jeff Shaw. “They are fully interactive control panels that redefine what smart home control can be.”

Face recognition and advanced motion analytics from NSC’s IntelliVision allow the panels to respond to individual users in the home with personalised options and settings. The panels display high-resolution video – including support for playback from security cameras and NVR, with two-way video and audio supporting communication via video doorbell, paging or intercom.

A dual digital MEMS microphone-array provides voice control support for the ELAN system via their preferred voice interface.

2. Elevating the front door experience for custom installers and homeowners alike, Nortek Security & Control (NSC) announced the introduction of the new Elan Intelligent Video Doorbell at CEDIA 2018.

"Allowing users to answer the door from anywhere either in the home or remotely is just the start," says Product Manager Jeff Shaw. "As a doorbell camera, it integrates advanced motion analytics to accurately identify between people and moving objects such as a passing car and swaying trees, developed by NSC’s IntelliVision. This all but eliminates false alerts that cause many users of doorbell cameras to turn off the notices altogether.”

In addition to delivering automatic and authentic movement-based notifications of someone approaching the door, the Door Station camera integrates with Elan Surveillance for video recording and monitoring. The Video Doorbell is auto-discovered and auto-configured within an Elan system. Its camera acts as one of the Elan systems’ surveillance cameras with video captured on the NVR, which is fully controllable from within the Elan UI, a feature not found in other control systems.

[brexitplus] 10/9/2018 18:43

Transforming Industries With HP Metal Jet Technology

In an industry-first collaboration, HP is partnering with GKN Powder Metallurgy to deploy HP Metal Jet in their factories to produce functional metal parts for auto and industrial leaders including Volkswagen and Wilo. GKN Powder Metallurgy is the world’s leading producer of materials and products using powder metallurgy technologies and includes the brands of GKN Sinter Metals, GKN Hoeganaes, and GKN Additive Manufacturing. The company produces more than three billion components per year and expects to print millions of production-grade HP Metal Jet parts for its customers across industries as early as next year.

“We’re at the tipping point of an exciting new era from which there will be no return: the future of mass production with 3D printing. HP’s new Metal Jet technology enables us to expand our business by taking on new opportunities that were previously cost prohibitive,” said Peter Oberparleiter, CEO of GKN Powder Metallurgy. “Our DNA and our expertise in powder production and metal part processing using digitally networked systems will enable us to drive industrialization across the whole additive manufacturing value stream. By combining the forces of HP and GKN Powder Metallurgy, we will push the productivity and capability of our customers to unprecedented levels based on the economic and technical advantages of HP Metal Jet technology.”

[meanwhile] 10/9/2018 18:38

brexit+,
I am not anti Melrose. I still have a big chunk of their shares although I have sold some recently.
I have said they overpaid for GKN and they abandoned their own shareholders in the financing of the purchase. I have also said that I believe the share price is going nowhere in the short term. The market seems to agree.

I am realistic. The numbers tell the story. The rest of you must be using some other measure.

With hvs being anti Melrose, he must be either myself or Minerve.

Mattboxy,
Does this post make me a troll? A troll is a disruptor. The disruptors here are the posters who dress up rubbish as logical argument. There are several of them, behaving like a bunch of old crones.