Consider the mechanism that secures toolholders to the spindle of a milling machine: the drawbar. Some mills require you to lock the spindle with a spanner wrench, loosen the drawbar with another ...

Japan's Makino Milling Machine said on Monday it has received legally binding third-party proposals for acquisition that rival an unsolicited buyout offer from Nidec .

In December, Nidec had announced its plans to make a bid for Makino Milling Machine. The bid was worth 257 billion yen ($1.75 billion), reflecting a 42% premium at that time. Nidec had stated its ...

Japanese manufacturing giant Nidec in December announced plans to launch a 257 billion yen ($1.75 billion) bid for Makino ...