US auto parts supplier ArvinMeritor (Meritor, MTOR) today announced that it has lowered its second-quarter earnings forecast because of rising steel prices, other raw material costs are also higher than expected.
Meritor has raised its second-quarter operating income forecast to $1.18 billion to $1.21 billion, and the company's first fiscal quarter performance report released on February 1, 2011 is expected to be $1.125 billion. To 1.175 billion U.S. dollars. However, the company’s EBITDA forecast has been lowered from US$85 million to US$95 million to between US$77 million and US$83 million. The expected profit of continuing operations has been adjusted from $5 million to $15 million to between $2 million and $10 million. The cash flow expectation is adjusted from the previous “level near the break-even point†to “slight declineâ€.
The company stated that there was no change in the financial plan for the entire financial period in fiscal year 2011. The company expects capital expenditures for the fiscal year 2011 to be between $7.5 million and $9 million, and interest expenses between $100 million and $110 million.
Plastic Lid Thermoforming Machine
Plastic Lid Thermoforming Machine
This machine is specially designed for making different kinds of lids for plastic/paper cups,mini spoons, trays for medicine and etc.
Punch Hole Mould
Lid Forming Mould
Servo Moter
Electric System
The Plastic Cup Lid Making Machine can freely change the section size, suitable for various specifications, adjustable stroke, simple mould replacement.
*The Plastic Cup Lid Making Machine adopts PLC interface, stepless variable speed, PC circuit control panel.
*The Plastic Cup Lid Making Machine receives GMP/QS double standard dust-free production, improve safety of products, solve the cross contamination.
*Plastic Cup Lid Making Machine has the characters of compact structure,smooth and simple operation.
*The operating region and the transmission mechanism is completely isolated to prevent pollution, easy cleaning.
Major Construction Features
1, The achievement of GMP/QS double standard p clean production, improve product hygiene and safety, meanwhile,resolve cross-contamination.
2, Roll Film Loading, Forming, Hole Punching, Transmitting, Roll Film Winding Six-Station Synchronous Production. Manipulator Feeder, Compact Structure & Stable Performance, Easy Operations.
3, Journey is Adjustable, easy to change mold, suitable for different specifications.
4, The operation is controlled by PLC with PC Circult Control Board for Touch Screen
Automatic Plastic Cup/ Lid Thermoforming Machine, Fully automatic plastic cup cover spoon and lid making machine,Plastic Cup Lid Thermoforming Cups Cover Making Forming Machine
WENZHOU GAOGER MACHINERY TECHNOLOGY CO.,LTD , https://www.gaogermc.com