Tag Archives: cnc horizontal boring mills

Indian Machine Tool Exhibition, IMTEX 2019, Bangalore, India 24-30 January 2019—Better than Bollywood!

January 11, 2019  
Photo: Gujarati film poster, provided under CC BY-SA 3.0 license, for link see footnote.

Tired of going to the movies? If you’re in Bangalore, like machine tools and want to rub elbows with the industry leaders in metalworking technology, manufacturers and customers, drop by Hall 4, Stall B-108, and see FERMAT’s exhibit at IMTEX 2019 in the Bangalore International Exhibition Centre (BIEC) from 24… Read more »

LUCAS service technician, Brian Soldat, training in the Czech Republic

April 11, 2018  
Interview with Brian Soldat

After its acquisition in 2015, LUCAS became the US subsidiary of FERMAT.  It represents the company and sells its wide range of machine tool and accessories under the brand LUCAS.  It also manufactures small parts and provides maintenance and customer service. LUCAS supplies all regions in the US from its… Read more »

FERMAT’s Seat at the Oil-Rich Feast of the Middle East

February 28, 2018  
FERMAT machine tool manufacturer_horiztontal boring mills_130 mm spindle diameter_new machines at ITAG in Doha_Qatar

FERMAT recently installed two of its most popular table-type horizontal boring mills, WFT 13 CNC, in Doha, Qatar.  FERMAT’s customer, ITAG International Qatar, is part-and-parcel of The Arabian International Petroleum Corporation (AIPC) which bought ITAG Celle in 2001.  ITAG Celle was founded in 1912 by Hermann von Rautenkranz, and it… Read more »

Out with the old, in with the new: 2018 Tax changes allow small businesses in US to purchase more machinery, and LUCAS is there to help

January 5, 2018  
IRS symbol ushering in Tax changes for customers of machine tool manufacturing

No matter how you cut it, small businesses are strongly encouraged to invest in machinery under the new tax law.  The carrots of choice, regardless of the type of legal entity, are the section 179 tax deduction and the 100% bonus depreciation deduction. The section 179 tax deduction on equipment… Read more »