Machinery
Hitachi Elevator receives "2019 Public Program Award" at the 9th China Charity Festival
GUANGZHOU, China, April 10, 2020 /PRNewswire/ -- Hitachi Elevator (China) Co., Ltd. garnered the "2019 Public Program Award" at the 9th China Charity Festival for its outstanding contribution to the education of the public about the safe use of elevators with the Sharing Safety Tips for Elevators...
SKF to Publish First Quarter Results on 23 April
GOTHENBURG, Sweden, April 9, 2020 /PRNewswire/ -- The SKF Group will publish its first quarter results at approximately 07:00 (CEST) on23 April 2020. As of this quarter, SKF will report adjusted operating profit and operating margin at Group and customer segment level (Industrial and Automotive)....
Zoomlion Donates Third Batch of Medical Supplies to Over 40 Countries Fighting COVID-19
CHANGSHA, China, April 9, 2020 /PRNewswire/ -- Zoomlion Heavy Industry Science and Technology Co. (01157.HK), a leading Chinese maker of engineering and agricultural equipment, donated a third batch of medical supplies; totalling nearly 700,000 pieces of personal protective equipment (PPE), to 43...
With 116 Percent Profit Growth in 2019, Zoomlion Delivers Best Operating Performance
CHANGSHA, China, April 9, 2020 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. (Zoomlion) has reported a 116.42 percent increase in profit attributable to shareholders of the listed company toRMB 4.371 billion ( USD 616.18 million) for the year ending December 31, 2019, in i...
Freudenberg strengthens future viability with strong investment in China
SHANGHAI, April 8, 2020 /PRNewswire/ -- Freudenberg, the global technology group, performed well in the 2019 financial year, in spite of the difficult economic and geopolitical market environment. AtCNY 73.1 billion (or €9,467.8 million), sales in 2019 were at about the same level as in 2018 (€9,...
PJ Asset Management Urges Shareholders of TECO Electric and Machinery Co., Ltd. (1504 TT) to Support Proposal at the AGM on May 11, 2020
TAIPEI, April 7, 2020 /PRNewswire/ -- PJ Asset Management Company ("PJAM") today issued a letter urging all shareholders of TECO Electric and Machinery Co., Ltd. ("TECO" or "Company", 1504.TT) to support PJAM's proposal of a 10% capital reduction that would return cash to shareholders. This propo...
Mycronic Publishes the 2019 Annual and Sustainability Report
STOCKHOLM, April 6, 2020 /PRNewswire/ -- Mycronic AB (publ) publishes the 2019 Annual and Sustainability Report. The Annual and Sustainability Report is available on the company web site as a PDF. A printed version of the Annual and Sustainability Report will be distributed to shareholders who h...
Meidensha to Open New High Voltage Manufacturing Facility in Southeast US in April
TOKYO, April 6, 2020 /PRNewswire/ -- Meidensha Corporation ("MEIDEN") is pleased to announce the opening of its new manufacturing facility in April, 2020, in the southeastern U.S. where they will expand the production of their environmentally friendly high voltage vacuum circuit breakers rated 72...
Meidensha Introduces 145kV Dead Tank HV Circuit Breaker without SF6 Gas
TOKYO, April 6, 2020 /PRNewswire/ -- Meidensha Corporation ("MEIDEN") is pleased to announce the newest addition to their line of dry air insulated vacuum circuit breakers. Using dry air as the insulating medium, Meiden's HV breakers offer the industry a solution to SF6, a potent greenhouse gas ...
China Yuchai International to Pay US$0.85 Per Share Cash Dividend for FY2019
SINGAPORE, April 3, 2020 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") announced today that a cash dividend ofUS$0.85 per ordinary share for the year ended December 31, 2019 has been declared by its Board of Directors. The cash dividend will be p...
EOS launches versatile online platform and LinkedIn group to fight the further spread of the virus
KRAILLING, Germany, April 3, 2020 /PRNewswire/ -- EOS, the world's leading
technology supplier in the field of industrial 3D printing of metals and
polymers, today launched a versatile online platform and LinkedIn Group to
support the battle againstCOVID-19 on all levels.
Ponsse Launches a New Powerful Harvester Head for Processing Eucalyptus Trees
HELSINKI, April 2, 2020 /PRNewswire/ -- Ponsse launches a new debarking PONSSE H8HD Euca harvester head for eucalyptus sites. The new powerful harvester head has been designed as a response to our customers' needs, and it further strengthens Ponsse's strategy to be the leading global manufacturer...
WernerCo Names Gary Scott As Global Chief Executive Officer
ITASCA, Illinois and LUXEMBOURG, March 30, 2020 /PRNewswire/ -- The Advisory Board of Werner International Holding S.à.r l. is announcing today thatGary Scott has been named Global Chief Executive Officer of WernerCo, a fully integrated and international manufacturer and distributor of access pro...
Growing Electrification Trend Boosts Transition to Electric Motors in North America
Increasing industrial automation fuels growth opportunities for electric motors inNorth America, finds Frost & Sullivan SANTA CLARA, Calif., March 30, 2020 /PRNewswire/ -- Frost & Sullivan's recent analysis of the market forelectric motors in North America forecasts that sector revenues will wit...
China Yuchai International Announces Unaudited Fourth Quarter 2019 Financial Results
SINGAPORE, March 30, 2020 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), a leading automotive manufacturer and distributor of engines for on- and off-road applications in China through its main operating subsidiary, Guangxi Yuchai Machinery Compan...
SKF Announces Changes to Group Management
GOTHENBURG, Sweden, March 27, 2020 /PRNewswire/ -- Carina Bergfelt, General Counsel and Senior Vice President, Group People, Communication and Legal, will step down from Group Management from31 August 2020. Carina joined SKF in 1990 and has been a member of Group Management since 1996. As a resu...
GA-ASI Detect and Avoid System Will Be Installed by Air National Guard on Two MQ-9 RPA
SAN DIEGO, March 27, 2020 /PRNewswire/ -- General Atomics Aeronautical Systems, Inc. (GA-ASI) and the Air National Guard (ANG) have signed a contract for GA-ASI to supply its Detect and Avoid System (DAAS) for one MQ-9 Block 1 and one MQ-9 Block 5 Remotely Piloted Aircraft (RPA). "Our Detect and...
Annual General Meeting of AB SKF
GOTHENBURG, Sweden, March 26, 2020 /PRNewswire/ -- The Annual General Meeting of Aktiebolaget SKF, parent company of the SKF Group, was held inGothenburg on Thursday,26 March 2020. The income statements and the balance sheets were adopted, together with the Board's proposal for distribution of d...
COVID-19 Pandemic Impact: Manufacturing Slowdowns and Increased Demand will Balance to See 16 Million Total AR and VR HMD Shipments in 2021
ABI Research whitepaper identifies the short-and long-term impacts the global pandemic will have on Augmented and Virtual Reality OYSTER BAY, New York, March 26, 2020 /PRNewswire/ -- The Coronavirus outbreak will cause manufacturing delays at the source and reduce the overall demand for Augmente...
Mycronic's Board of Directors Proposes Changed Dividend
STOCKHOLM, March 26, 2020 /PRNewswire/ -- Due to the great uncertainty created by the spread of the coronavirus, the Board of Directors of Mycronic AB (publ) has decided to propose the Annual General Meeting onMay 7 2020 that the dividend is changed from the earlier communicated3.25 SEK per shar...
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