Machine Tools, Metalworking and metallurgy
TECHTRONIC INDUSTRIES DELIVERS SOLID 2023 ANNUAL RESULTS
GROSS MARGIN EXPANDED TO 39.5%, FREE CASH FLOW INCREASED TO US$1.3 BILLION HONG KONG, March 6, 2024 /PRNewswire/ -- Global leader in cordless Professional Tools, DIY Tools, and Outdoor Power Equipment, Techtronic Industries Co. Ltd. ("TTI" or the "Group") (stock code: 669, OTCQX: TTNDY, TTNDF) ...
DN Solutions, Global Machine Tool Company, Enhances Product Sales and Technical Support Across Southeast Asia with New Subsidiary in Vietnam
HO CHI MINH CITY, Vietnam, March 1, 2024 /PRNewswire/ -- DN Solutions, a global leader in CNC machine tools manufacturing, announced the establishment of its Vietnam subsidiary (DN Solutions Vina) aimed at bolstering product sales and enhancing technical support across theSoutheast Asia region. ...
Alleima unveils new alloy designed specifically for subsea umbilicals
SAF™ 3007 is the latest addition to the growing duplex family of Alleima, a super-duplex stainless steel grade developed for subsea umbilicals. The new tube offers a safe, lighter, stronger and more efficient alternative to SAF™ 2507, the current standard. With superior strength, fatigue properti...
Notice of Annual General Meeting
GOTHENBURG, Sweden, Feb. 20, 2024 /PRNewswire/ -- Notice is hereby given that the Annual General Meeting of Aktiebolaget SKF will be held at Radisson Blu Scandinavia Hotel, Södra Hamngatan 59,Gothenburg, Sweden, at 14.00 on Tuesday, 26 March 2024. The doors are open from 13.00. Light refreshments...
Changes in Group Management to accelerate strategic transformation and profitable growth
GOTHENBURG, Sweden, Feb. 6, 2024 /PRNewswire/ -- As a consequence of SKF accelerating its strategic transformation to drive profitable growth, the leadership in two of the industrial regions, Americas andIndia and Southeast Asia, will change with immediate effect. "In times of transformation, ad...
Tan Xuguang Leads Shandong Heavy Industry in Reflecting on 20 Years of Global Expansion at CEO Summit
WEIFANG, China, Feb. 5, 2024 /PRNewswire/ -- On February 4th, executives from around the world convened in Weifang,China, for the fifth edition of the Shandong Heavy Industry-Weichai Power Global CEO Conference. This gathering drew 58 CEOs and top management from the Shandong Heavy Industry Gr...
Weichai Group Advances Toward Becoming a Global Leader in Technological Innovation
WEIFANG, China, Feb. 2, 2024 /PRNewswire/ -- On February 2nd, Weichai Group held the 2024 Technology Incentive and Commendation Conference, granting65 million yuan in recognition of significant scientific research achievements and exceptional tech talent within the company. Tan Xuguang, Chairman ...
SKF Year-end report 2023: Strategy execution yielding strong performance
GÖTEBORG, Sweden, Jan. 31, 2024 /PRNewswire/ -- Q4 2023 Net sales: SEK 24,438 million (25,361) Organic growth: -1.9% (9.7%) Adjusted operating profit/margin:SEK 2,929 million, 12.0% (2,542, 10.0%) Full year 2023 Net sales: SEK 103,881 million (96,933) Organic growth: 3.7% (8.1%) Adjusted opera...
Zoomlion's 2023 Performance Soars Due to Rapid Global Expansion with Net Profit Increasing Over 40% Year-on-Year
CHANGSHA, China, Jan. 29, 2024 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion", 1157.HK), a leading Chinese construction machinery and equipment manufacturer, recently released a performance forecast, predicting net profit attributable to shareholders of listed ...
Nomination Committee's proposal for Board of Directors of AB SKF
GOTHENBURG, Sweden, Jan. 23, 2024 /PRNewswire/ -- SKF's Nomination Committee proposes re-election of the board members Hans Stråberg, Hock Goh,Geert Follens , Håkan Buskhe,Susanna Schneeberger, Rickard Gustafson, Beth Ferreira, Therese Friberg, Richard Nilsson and Niko Pakalén. Hans Stråberg is p...
Keysight Technologies Triumphs as Innovative Tech Company of the Year
KUALA LUMPUR, Malaysia, Jan. 23, 2024 /PRNewswire/ -- Keysight Technologies, a cutting-edge force in the technology landscape, is thrilled to announce its distinguished recognition as the recipient of the Innovative Tech Company of the Year award. This coveted accolade, bestowed upon Keysight by ...
SKF Awarded EcoVadis Platinum Rating for fourth year running
GOTHENBURG, Sweden, Jan. 22, 2024 /PRNewswire/ -- SKF has been awarded a Platinum Medal by EcoVadis, one of the most trusted providers of sustainability ratings for use in supply chains. This prestigious recognition places SKF in the top 1% among the more than 100,000 companies assessed worldwide...
xTool's First-Ever Brand Safety Campaign Kicks Off with a Notable Trade-In Program
IRWINDALE, Calif., Jan. 22, 2024 /PRNewswire/ -- xTool
Hypertherm Associates Board of Directors selects Aaron Brandt as successor to CEO Evan Smith
HANOVER, N.H., Jan. 17, 2024 /PRNewswire/ -- Hypertherm Associates, a U.S.
based manufacturer of industrial cutting systems and software, announced that
Aaron Brandt, EVP of Technology, will succeed Evan Smith, CEO, upon Smith's
planned retirement at the end of 2024.
Getting 2024 off to a Flying Start: Zoomlion Delivers Nearly 200 Units of Earthmoving Machinery Equipment to Australia and Europe
CHANGSHA, China, Jan. 17, 2024 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion", 1157.HK) sent off nearly 200 units of earthmoving machinery equipment toAustralia and Europe on January 8 from its Earthmoving Machinery Park in the Zoomlion Smart City, signaling a ...
SKF to publish full-year results on 31 January
GOTHENBURG, Sweden, Jan. 17, 2024 /PRNewswire/ -- SKF will publish its full-year results for 2023 on31 January 2024 at approximately 07:00 (CET). Investors, analysts and media are invited to join a webcast, which will be held in English, at 08:00 (CET). To join the webcast, please login at lea...
Haitian International Strengthens its Leadership Position in Vietnam with New Experience Center in Haiphong
HAI PHONG, Vietnam, Jan. 5, 2024 /PRNewswire/ -- Haitian International ("Haitian" or "the Company") has celebrated the inauguration of its new state-of-the-art experience center in northernVietnam. This marks a significant milestone in its global expansion strategy. Haitian is committed to optimi...
Announcement of change in the total number of votes in AB SKF
GOTHENBURG, Sweden, Dec. 29, 2023 /PRNewswire/ -- Due to a conversion of shares from Series A to Series B in accordance with AB SKF's Articles of Association, the Company confirms the following. As per 29 December 2023, the Company's share capital amounts to SEK 1,138,377,670 and the total numbe...
Zoomlion Accelerates Growth and Innovation in the Middle East with Strategic Development and Collaborative Innovation
CHANGSHA, China, Dec. 28, 2023 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion", 1157.HK), a leading Chinese construction machinery and equipment manufacturer, is further underscoring its commitment to the Middle Eastern market. The company's Chairman and CEO, Zh...
Ponsse manufactures its 20,000th forest machine
VIEREMÄ, Finland, Dec. 11, 2023 /PRNewswire/ -- The 20,000th PONSSE forest machine has been completed at Ponsse's factory in Vieremä,Finland. After the celebration on 11 December, the PONSSE Bear harvester with PONSSE H8 harvester head will go to a Norwegian customer, Lågen Skogsdrift AS. "It's ...
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