Jiangsu Jingke Electric and ABB Joint Venture Company Signed Officially

On the morning of August 29, Jiangsu Jingke Intelligent Electric Co., Ltd. and ABB, the world's leading power and automation technology group, held a formal signing ceremony in Suqian, and successfully joined hands to establish Jiangsu ABB Jingke Transformer Co., Ltd. Deputy Secretary of the Municipal Party Committee, Chairman of the Party School of the Municipal Party Committee, Shi Peng, and Vice Mayor Feng Yan attended the signing ceremony.
ABB Group is ranked among the world's top 500 companies and is a global leader in power and automation technology. It is headquartered in Zurich, Switzerland. The group is dedicated to helping power, utilities and industrial customers improve their performance while reducing their environmental impact. The company operates in more than 100 countries and employs 145,000 people. ABB Group has a full range of business activities in China including R&D, manufacturing, sales and engineering services.
With this signing, Jiangsu Jingke Intelligent Electric Co., Ltd. will cooperate with ABB Group to establish Jiangsu ABB Jingke Transformer Co., Ltd. to provide customers with excellent products and services. The new company will focus on the design, manufacture, sales and service of high voltage voltage and current transformers, toroidal current transformers, photoelectric transformers, capacitive voltage transformers, etc. The company will be officially put into operation by the end of this year.
Feng Yan said in his speech that Jingke and ABB formally signed a joint venture to establish a joint venture company. This is a major measure for both parties to adapt to the current trend of economic globalization and information development, enhance market competitiveness and voice, and is also a strong implementation of industrial strength in Cecheng District. The region's strategy and the gratifying results of promoting the strong alliance of enterprises will surely play an active role in promoting the construction of the Suqian Smart Grid Industrial Park and building a national high-voltage power transmission and transformation equipment manufacturing base.

CNC Lathe

Operated with Computer Numerical Control (CNC) systems and provided with precise design instructions, CNC Lathes are machine tools where the material or part is clamped and rotated by the main spindle, while the cutting tool that work on the material, is mounted and moved in various axis.
CNC Lathes are normally used for machining parts, where the material / part is clamped and rotated whereas the cutting tool is stationery mounted for OD (Outer Diameter) and ID (Inner Diameter) operations, e.g. shafts and pipes. They are ideal for parts that have same symmetry around an axis that could be chucked up (i.e. radially clamped) in the spindle.
A simple CNC Lathe operates on 2-axis and the tool is located in a fixed position at 8 to 24 station turret. The rotating action of the part is called [turning", hence certain types of CNC Lathes are called CNC Turning Machines.
Milling (cutting tool moves around stationery workpiece), boring and tapping (a tool that cuts threads inside hole) tools are normally driven by a separate drive system inside the turret. Depending on the application, the life tools (i.e. active tool) are mounted for axial or radial operational directions. These could be found in 3-axis CNC Lathes or CNC Turning Machines.
Lathe machines with additional options such as Y-axis, sub-spindles, or specific selected options for automation are commonly called Turning Centres. These sophisticated machine tools are capable of machining complex parts – these go beyond standard OD & ID turning operations and may incorporate milling, drilling and tapping operations to complete the part in one setting. Taking a piece from raw part to finished product, such all-in-one machine tools significantly improves productivity.

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