It is understood that Goodyear plans to relocate its European technology center to the "auto park" under construction.
The "auto park" is located a few kilometers southwest of the current technology center and Goodyear's waste wire plant in Bissen, Luxembourg.
Goodyear tires
It is reported that the relocation will be completed before 2018, involving thousands of scientists, engineers and technicians.
The Luxembourg Automobile Park was jointly initiated by the Luxembourg government, Goodyear, and automotive component supplier IEE SA. The specific investment amount was not disclosed. Once the completion of the demolition, Goodwin immediately funded the purchase of a 34.5-acre industrial park.
Since Goodyear sold its tire reinforcement line business to Hyosung Korea in 2011, the wire plant has been shut down.
According to Etienne Schneider, Luxembourg's Deputy Prime Minister and Minister of Economic Affairs, “Landscaped by these R&D activities, Luxembourg Automotive Park will provide new tools and infrastructure for automotive equipment and service providers to keep them dynamic and innovative in an evolving market. And competitive."
Using a mechanical press is a three-step process that begins with placing the material on the die so it stays in place. Then, the operator applies pressure to shape and/or alter the material as needed. Finally, they eject the finished product from the machine. Mechanical presses need to keep all their parts lubricated.
Mechanical presses may have hydraulic components in addition to their mechanical parts. These are only present to add to the efficiency and power of the machine.
Mechanical presses have various uses and advantages over their hydraulic counterparts. Some businesses may benefit more from one or the other, making it important to understand the differences.
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