News
CMS N. America Parent Acquires DMS
CALEDONIA, Mich. – SCM Group finalized the acquisition on Nov. 28 of Diversified Machine Systems (DMS).
Colorado Springs, Colo.-based DMS is a designer, manufacturer and distributor of CNC machinery, particularly for many plastics and composite-materials applications.
The acquisition strengthens SCM Group's global leadership in these sectors and others, and complements a portfolio established in many markets through its CMS brand of CNC machines.
SCM is the parent company of CMS North America (CMSNA)..
Engineered Stone Group Supports U.S. Tariffs
VOLARGNE, Italy – The Agglomerated Stone World-Wide Association (A.St.A) issued a statement in mid-December backing recent U.S. government actions on Chinese quartz-surfaces imports.
The international group of 14 surface manufacturers supported actions by U.S. agencies on unfair trade practices, which could result in tariffs exceeding 300% on quartz surfaces from Chinese sources.
In the Dec. 13 statement, the group also expressed support for similar measures in other markets, such as the European Union “to guarantee competition in equal conditions for the industry’s and of the consumers’ benefit.”