[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"article-spanish-machine-tool-sector-face-more-challenges-in-2020":3,"$fjnKX72BiLw-CiZZ5MQCs0a0C_bANyAZUVd6PqPzBgJg":30,"$f-j9YGNBwRSSL7SH4JzUpRZrBt_Eb-enBkRymgC2HvJg":167,"$fR4DoeVRVekscO3pYCsJIt6KjRPIynjtNlytHFj6IDMg":208,"$fx0Dz-WUAXgaGJDFKp5JoFihuourpw4oC0uNO6EDK9Y8":214,"$fBs-3dKXserit54u6K6tjeid5TCkHQqDr9_Bj5KlRb7I":246},{"data":4},{"id":5,"title":6,"slug":7,"excerpt":8,"content":9,"imageUrl":10,"socialImageUrl":11,"publishedAt":12,"author":13,"category":14,"likes":15,"summary":16,"captionLinkedin":17,"captionTwitter":18,"captionInstagram":19,"seo":20,"prevPost":22,"nextPost":26},61,"Spanish Machine Tool Sector Face More Challenges in 2020","spanish-machine-tool-sector-face-more-challenges-in-2020","Discover how the Spanish machine tool sector is navigating 2020. AFMEC reports revenue drops and industry challenges amid global pandemic shifts.","\u003Cp>\u003Cimg style=\"float: left;\" src=\"https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2020\u002FAFM%20Asamblea%2011.jpg\" alt=\"\" width=\"168\" height=\"252\">AFM cluster member association AFMEC (Spanish Association of Machining and Metal-Mechanical Transformation) a representative body for 183 member companies forecast for the 2020 financial year indicates a reduction in revenue of around 30%-35%, coupled with concerns as to what is in store in 2021, influenced from the effects of Covid-19.  \u003C\u002Fp>\r\n\u003Cp style=\"text-align: left;\">With most industry sectors affected, the activity of important domains such as the automotive and aeronautical sectors is currently minimal, which has a significant effect on the companies. Despite the challenges, the sector has not surrendered its commitment to employment, the slowdown in activity has constrained a few organizations to execute employment flexibility measures. The association estimates that one-third of companies have implemented temporary employment regulations (ERTEs) and that this number will diminish as they recuperate their industrial activity. \u003C\u002Fp>\r\n\u003Cp style=\"text-align: left;\">“After the good results of 2018, in which our companies grew by 6.8%, 2019 saw a minimal downturn that marked the gradual change in trend of a scenario that had remained stable until that time. Despite our natural concerns, nobody expected the terrible effects that the pandemic had on industrial activity”, observed Alberto Pérez, President, AFMEC. “The entry of orders during March, April and May slowed down significantly. After the worst of it, companies have continued to work at an acceptable rate, thanks to their portfolio of pending orders. However, this portfolio is gradually running out and the rate of acquisition of new orders is much lower than usual. The current level of activity in our companies is approximately 75%. Although there are signs of a renewal in requests for offers, these have yet to materialise in widespread orders. We estimate that commercial activity in the domestic market is at 65% compared to normal and 40% in the international market\".\u003C\u002Fp>\r\n\r\n\u003Cp style=\"text-align: left;\">For more information: \u003Cstrong>www.afmec.es \u003C\u002Fstrong>\u003C\u002Fp>\r\n\u003Cp style=\"text-align: left;\">\u003Cstrong>                         www.afmcluster.com\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2020\u002FnrgSjPvqj23bRLIcGRG4.jpg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FJuly2020\u002FnrgSjPvqj23bRLIcGRG4.jpg","2020-07-29T03:28:57+05:30","MWM Desk","News",0,"AFMEC projects a 30%-35% revenue reduction for member companies throughout the 2020 financial year.\nCritical automotive and aeronautical sectors report minimal activity, severely impacting the broader manufacturing supply chain.\nOne-third of machining companies have utilized temporary employment regulations to manage the industry-wide slowdown.","The Spanish machine tool sector is facing a pivotal moment. AFMEC, representing 183 member companies, reports a challenging 2020 with forecasted revenue declines of up to 35%. The impact of the pandemic on key industries like automotive and aeronautical has created a ripple effect, forcing many organizations to implement temporary employment flexibility measures. Despite these headwinds, the sector remains resilient, focusing on pending order portfolios while eyeing signs of market renewal. President Alberto Pérez notes that while the acquisition of new orders remains lower than usual, there is cautious optimism for a gradual return to normal capacity. How is your organization navigating these global industrial shifts? Read the full report on the state of the Spanish machining sector. #Manufacturing #MachineTools #IndustrialStrategy","The Spanish machine tool sector forecasts a 30-35% revenue drop for 2020 due to the pandemic. AFMEC reports key sectors like automotive are struggling, but businesses are prioritizing employment as they eye recovery. #Manufacturing #IndustrialNews","Tough times ahead for the Spanish machine tool industry. 🛠️ AFMEC reports that 2020 has brought significant challenges, with a projected 30-35% dip in revenue. The drop in automotive and aeronautical activity has been felt across the board, forcing many firms to lean on temporary employment measures. However, the industry is showing resilience! 📈 While new order acquisition is slower than normal, there are early signs of renewed interest in the market. It’s a wait-and-see game, but the commitment to the workforce remains strong. How is your team adapting to the current industrial climate? Let us know below! 👇 #Manufacturing #MachineTools #IndustryNews #BusinessResilience #AFMEC #IndustrialGrowth #GlobalTrade",{"title":6,"description":8,"keywords":21},"machine tool industry, afmec, spanish manufacturing, industrial sector, covid-19 economic impact, b2b news, metalworking, industrial recovery, manufacturing trends",{"title":23,"slug":24,"imageUrl":25},"ReNew Power to Produce Solar Modules & Cells","renew-power-to-produce-solar-modules-cells","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2020\u002FggPifgeFCGozC4faqRb0.jpg",{"title":27,"slug":28,"imageUrl":29},"National Mineral Index to Uplift Mining Sector","national-mineral-index-to-uplift-mining-sector","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2020\u002FroOZ6qzEIe8izS6X0mau.jpg",{"data":31,"links":104,"meta":109},[32,38,44,50,56,62,68,74,80,86,92,98],{"title":33,"slug":34,"excerpt":35,"imageUrl":36,"publishedAt":37,"author":13,"category":14},"Epsilon Carbon Commissions New Specialty Carbon Facility in Karnataka","epsilon-carbon-commissions-new-specialty-carbon-facility-in-karnataka","Epsilon Carbon doubles its specialty carbon capacity to 600,000 TPA with a new Industry 4.0 facility in Karnataka, boosting global supply.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fepsilon-carbon-commissions-new-specialty-carbon-facility-in-karnataka-3v5tep.JPG","2026-08-14T01:52:18+05:30",{"title":39,"slug":40,"excerpt":41,"imageUrl":42,"publishedAt":43,"author":13,"category":14},"Essar Marks 15 Years of Stanlow Ownership and Investment","essar-marks-15-years-of-stanlow-ownership-and-investment","Essar celebrates 15 years at the Stanlow Manufacturing Complex, unveiling a £4.3B investment strategy for hydrogen and data centers.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fessar-marks-15-years-of-stanlow-ownership-and-investment-g9GAeC.jpeg","2026-08-08T02:00:45+05:30",{"title":45,"slug":46,"excerpt":47,"imageUrl":48,"publishedAt":49,"author":13,"category":14},"Advait Energy Transitions, Manipal Energy Infratech Team Up for Integrated Energy Projects","advait-energy-transitions-manipal-energy-infratech-team-up-for-integrated-energy-projects","Advait Energy Transitions and Manipal Energy Infratech partner to accelerate global energy projects in renewables, BESS, and green hydrogen.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fadvait-energy-transitions-manipal-energy-infratech-team-up-for-integrated-energy-projects-EnSOlA.jpg","2026-08-08T01:45:01+05:30",{"title":51,"slug":52,"excerpt":53,"imageUrl":54,"publishedAt":55,"author":13,"category":14},"ANCA Ushers in New Leadership with Edmund Boland as Group CEO","anca-ushers-in-new-leadership-with-edmund-boland-as-group-ceo","ANCA appoints Edmund Boland as new Group CEO effective August 2026, marking a strategic new chapter in CNC grinding and automation.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fanca-ushers-in-new-leadership-with-edmund-boland-as-group-ceo-LaVelo.png","2026-08-08T01:39:43+05:30",{"title":57,"slug":58,"excerpt":59,"imageUrl":60,"publishedAt":61,"author":13,"category":14},"Schaeffler India Strengthens Leadership with Amit Bhalerao as COO","schaeffler-india-strengthens-leadership-with-amit-bhalerao-as-coo","Schaeffler India appoints Amit Bhalerao as COO to lead manufacturing strategy, digital transformation, and operational excellence.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fschaeffler-india-strengthens-leadership-with-amit-bhalerao-as-coo-s7tsd7.jpg","2026-08-08T01:33:13+05:30",{"title":63,"slug":64,"excerpt":65,"imageUrl":66,"publishedAt":67,"author":13,"category":14},"KAS Group Brings G Sivakumar Onboard to Lead Manufacturing","kas-group-brings-g-sivakumar-onboard-to-lead-manufacturing","KAS Group appoints manufacturing veteran G Sivakumar as GM to bolster its semiconductor and advanced manufacturing operations in India.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fkas-group-brings-g-sivakumar-onboard-to-lead-manufacturing-vEi9jn.jpg","2026-07-31T03:43:17+05:30",{"title":69,"slug":70,"excerpt":71,"imageUrl":72,"publishedAt":73,"author":13,"category":14},"NORD Expands Functional Safety of NORDAC ON Drive Electronics","nord-expands-functional-safety-of-nordac-on-drive-electronics","NORD DRIVESYSTEMS upgrades its NORDAC ON frequency inverters with advanced functional safety features for smarter, safer automation.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fnord-expands-functional-safety-of-nordac-on-drive-electronics-EQbpyp.jpg","2026-07-31T03:39:50+05:30",{"title":75,"slug":76,"excerpt":77,"imageUrl":78,"publishedAt":79,"author":13,"category":14},"CII GreenPro Summit 2026 Drives India’s Industrial Decarbonization Agenda","cii-greenpro-summit-2026-drives-indias-industrial-decarbonization-agenda","CII GreenPro Summit 2026 accelerates India's industrial decarbonization with focus on green products and sustainable value chains.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fcii-greenpro-summit-2026-drives-indias-industrial-decarbonization-agenda-dlMTv5.png","2026-07-31T03:24:02+05:30",{"title":81,"slug":82,"excerpt":83,"imageUrl":84,"publishedAt":85,"author":13,"category":14},"BASF Launches Melyra and Inveris Gold Crop Protection Solutions in India","basf-launches-melyra-and-inveris-gold-crop-protection-solutions-in-india","BASF expands its Indian agricultural portfolio with the launch of Melyra and Inveris Gold, delivering advanced crop protection and enhanced productivity.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fbasf-launches-melyra-and-inveris-gold-crop-protection-solutions-in-india-8MqjMh.jpg","2026-07-31T02:38:13+05:30",{"title":87,"slug":88,"excerpt":89,"imageUrl":90,"publishedAt":91,"author":13,"category":14},"L&T Technology Services Launches Ainfonix™ 4.0 to Accelerate AI Adoption","lt-technology-services-launches-ainfonix-40-to-accelerate-ai-adoption","L&T Technology Services unveils Ainfonix™ 4.0 at EI Live, a cutting-edge platform designed to accelerate industrial AI adoption and data utility.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Flt-technology-services-launches-ainfonix-40-to-accelerate-ai-adoption-ddwpfh.jpg","2026-07-31T02:17:58+05:30",{"title":93,"slug":94,"excerpt":95,"imageUrl":96,"publishedAt":97,"author":13,"category":14},"Tembo Global Industries Opens New Vasai Facility, Boosts Capacity to 1,00,000 MTPA","tembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa","Tembo Global Industries scales up! Discover how their new 100,000 MTPA Vasai facility drives engineering innovation and infrastructure growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Ftembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa-0tSB5k.png","2026-07-31T02:07:26+05:30",{"title":99,"slug":100,"excerpt":101,"imageUrl":102,"publishedAt":103,"author":13,"category":14},"N.A.N. MagneTech to Invest INR 1,250 Cr in NdFeB Magnet Plant","nan-magnetech-to-invest-inr-1250-cr-in-ndfeb-magnet-plant","N.A.N. 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