April 7th 2010, 17.30 hours GMT the assets of Jones & Shipman were acquired by L. Kellenberger & Co. AG which is part of the Hardinge group.
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The board of PTG announces the proposed sale, subject to Chinese government approval, of a number of its subsidiary businesses to Chongqing Machinery and Electric (CQME) a large Chinese industrial group listed on the Hong Kong Stock exchange.
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Precision Technologies Group (PTG) has won an order from Therm Incorporated, a leading USA aerospace contractor, for one of its Edgetek 5-axis super abrasive machines (SAM).
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The first order for a new UltraGrind CNC cylindrical grinding machine from Jones & Shipman has been despatched to its new owner, a leading precision component manufacturer based in France. The machine features a brand new modular wheelhead design and multiple wheel spindles, allowing the high precision mould and mechanical component manufacturer to perform both internal and external grinding operations to extremely fine tolerances, in one grinding cycle.
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The next generation UltraGrind CNC cylindrical grinding machine has been launched by Jones & Shipman. The new machine featuring a brand new modular wheelhead design not only offers multiple wheel spindles configured to suit customer requirements, but also provides more power, more accuracy and increased component weight handling.
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World demand for large specialist machine tools and a recession driven wave of remanufacture business has amply justified the decision by Precision Technologies Group (PTG) to purchase its large machine business in 2008.
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Jones and Shipman has extended its ability to provide total precision grinding solutions to all sectors of industry, with its appointment as exclusive distributor, in the UK, Ireland, France, Switzerland and Belgium, for the market-leading Doimak range of CNC-controlled medium and large cylindrical grinding machines, ball screw and nut grinders, thread grinders, gear grinders and hob sharpening machines.
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30th June 2009 – Leicester, UK. Respected UK machine tool industry commentator and Editor of Metal Working Production magazine, Mike Excell enjoys a preview of the new J&S UltraGrind machine - in production at the company’s Leicester manufacturing centre. Mike talks to Alan Fisher, Engineering Manager at Jones & Shipman.
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The Precision Technologies Group (PTG) has expanded its focus on the key German markets for its precision components, machine tool products, and consultancy services, with the establishment, on 3rd August 2009, of a new division, PTG Deutschland.
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World demand for large specialist machine tools and a recession driven wave of remanufacture business has amply justified the decision by Precision Technologies Group (PTG) to purchase its large machine business in 2008. The new expanded operation has now been launched as PTG Heavy Industries, and is providing strong growth prospects and a healthy order book in a business climate where industries that traditionally rely on new smaller machine tools such the automotive sector are still under pressure.
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