WCA January 2016

news Industry

AIM and Overton Industries announce partnership

❍ Strategic partnership between AIM and Overton Industries

The joint venture will be a key element for Leoni with respect to expanding its business in Asia disproportionately strongly in line with its strategy of profitable growth. All of Leoni’s other activities in China are unaffected; they will continue to exist outside the new joint venture and will be developed further. Leoni AG – Germany Website : www.leoni.com Overton specialises in press systems and tube forming; their technical staff improves, supports and manufactures tooling and equipment with quick turnaround. AIM Inc – USA Website : www.aimmachines.com Overton Industries – USA Website : www.overtonind.com Bilbao-bound ASK Chemicals is to consolidate its existing Spanish plants into a single industrial complex covering 10,000m 2 in the Port of Bilbao, which will become a flagship facility for the ASK Chemicals Group. ASK Chemicals GmbH – Germany Website : www.ask-chemicals.com These systems include presses that can be integrated in-line or externally with AIM machines, along with high-speed upset units.

Leoni AG has agreed a joint venture with China’s Beijing Hainachuan Automotive Parts Co Ltd (BHAP), a subsidiary of state-owned Beijing Automotive Industry Corporation (BAIC). The Chinese State-owned Assets Supervision and Administration Commission approved the joint venture, which provides that Leoni will sell 50 per cent of the shares in its wiring systems plant in Langfang to BHAP. This plant has to-date exclusively been making cable harnesses for the car ranges of Beijing Benz Automotive Co Ltd (BBAC), a joint venture between Daimler AG and its Chinese partner BAIC. Its equal joint venture in China will give Leoni the opportunity to gain new orders from BBAC and other carmakers. “AIM will continue to remain focused on its core competency and Overton will do the same,” said Gus Goudis, sales manager at AIM Inc. “This partnership combines the knowledge-base of two market leaders for the sole purpose of cell automation without change to their regular business activities.” For close to a decade, AIM has worked with Overton personnel, resulting in Overton’s design and development of systems dedicated to work with AIM machinery.

AIM Inc, a supplier of CNC wire bending machinery, and Overton Industries, which produces press systems and tube forming, have announced a strategic partnership, specifically geared towards cell automation by allowing customers total turn-key integration. • Electrolytic plating • Candojet hot water cleaning • Electrolytic & Ultrasonic degreasing • Welding wire cleaning and copper coating • Pickling & phosphating www.candorsweden.com

Leoni strengthens China position with joint venture in China

Multi wire cleaning plant

Ultrasonic & Electrolytic

Single wire plating plant

CANDOR Sweden AB Tel: +46 11 21 75 00 Fax: +46 11 12 63 12 Email: info@candorsweden.com

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Wire & Cable ASIA – January/February 2016