China says its Belt & Road initiative is a way out of the global economic slump

China is planning to create what looks like will be the largest, longest and most complex logistics network in history – at a cost to itself of almost $1 trillion. 

The so-called Belt & Road Initiative will virtually encircle China, most of Asia and much of Europe, and will mostly consist of interconnected roads, but will also include sea lanes and railways, and possibly some airways.

In total, it will connect approximately 60 countries, and cost anything between $4 trillion and $8 trillion. And the timescale is anyone’s guess.

The northern parts of the Belt & Road network will include the revival of the ancient Silk Road, which connected China to Persia and the Mediterranean Sea to the north, and India, Indonesia and Arabia via sea lanes to the south.  Continue reading China says its Belt & Road initiative is a way out of the global economic slump

Metal belts are driving robotics industry growth, says metal belts company

belt technologies belts-drivetape

Belt Technologies, which claims to be the leading provider of stainless steel belts, drive tapes, and conveyor systems, says metal belts are driving the growth in the robotics industry.

Recently, the company says it has seen an increase in the number of OEMS in the robotics industry seeking metal drive tapes and belts for their automated equipment.

Belt Technology’s president, Alan Wosky, says: “Robotic technology typically requires a high level of precision and cleanliness.  Continue reading Metal belts are driving robotics industry growth, says metal belts company

Stainless steel belts in robotics applications showcased at M-Tech 2016

belt technologies automated-assembly-metal-timing-belt

2016 marks the third year Belt Technologies has attended the Mechanical Components & Materials Technology Expo.

The event, also referred to as “M-Tech”, is held annually each June at Tokyo Big Sight in Japan and is one of the world’s largest exhibitions of mechanical and processing technology.

Alan Wosky, president of Belt Technologies, says: “M-Tech has been a great experience each year that we’ve attended. Continue reading Stainless steel belts in robotics applications showcased at M-Tech 2016