Machinery
SKF invests SEK 400 million in Airasca, Italy
GOTHENBURG, Sweden, March 4, 2021 /PRNewswire/ -- SKF is investing SEK 400 million in expanding and modernizing its manufacturing facility in Airasca, Italy. The investment will bring the manufacturing of super-precision bearings (SuPBs) for industrial applications into the Group's largest manufa...
2021-03-04 18:43
6177
WBTL China Investing $50 MUSD in Mexico to produce Aluminum Chassis Components to Support North American Car Manufacturers
SHANGHAI, March 3, 2021 /PRNewswire/ -- Bethel Automotive Safety Systems Co.,
Ltd. (WBTL) is investing$50 MUSD in a new plant in Mexico. It is located in
Alianza Industrial Park in theSaltillo area of Coahuila State.
2021-03-03 21:09
3572
TTI Delivers Exceptional 2020 Results
HONG KONG, March 3, 2021 /PRNewswire/ -- Highlights 2020* US$' 2019 US$' million million Changes Revenue 9,812 7,667 +28.0% Gross profit margin 38.3% 37.7% +52 bps EBIT 868 673 +29.0% Profit attributable to Owners of the Company 801 615 +30.2% Basic earnings pe...
2021-03-03 21:09
8529
XCMG Sends Off 400 Units of Flagship Products to Countries of the Belt and Road Initiative
XUZHOU, China, March 2, 2021 /PRNewswire/ -- Leading construction machinery manufacturer XCMG (000425.SZ) has sailed off more than 400 units of construction machinery equipment onFebruary 18 from China, which will be arriving in countries of the Belt and Road Initiative (BRI) including Southeast ...
2021-03-02 13:37
5280
Greenland Technologies Plans Major U.S. Manufacturing Expansion to Increase Its Total Worldwide Capacity
HOWELL, N.J., March 1, 2021 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced a planned major U.S....
2021-03-01 21:30
7463
Hitachi Elevator drives the next stage of urban rail transit construction with smart, fully digital solutions
GUANGZHOU, China, March 1, 2021 /PRNewswire/ -- In line with the government of China's initiative to enhance and expand the urban infrastructure of its many cities, construction of new metro and light rail networks continues apace in 2020, further stimulating the demand for escalators and elevato...
2021-03-01 14:45
5193
X-Creator Challenge Opens for Global Submissions Centering on Intelligent Equipment Solutions for Emergency and Disaster Rescue
XUZHOU, China, Feb. 26, 2021 /PRNewswire/ -- XCMG, leading construction machinery manufacturer (000425.SZ) has officially launched X-Creator Challenge, the third and upgraded edition of the "XCMG Cup" Green Innovation Design Competition, which is composed of two competition categories – intellige...
2021-02-26 20:41
8890
Announcement of change in the total number of votes in AB SKF
GOTHENBURG, Sweden, Feb. 26, 2021 /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 26 February, the Company's share capital amounts to SEK 1,138,377,670 and the total number of ...
2021-02-26 17:27
7267
Zoomlion Delivers CNY1.1 Billion Worth of New Generation Intelligent Construction and Agricultural Flagship Products
CHANGSHA, China, Feb. 25, 2021 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. (Zoomlion) (1157.HK) onFebruary 18 delivered a massive array of flagship products from its various industrial parks including construction machinery and agricultural machinery, totalingCNY1.1 bil...
2021-02-25 19:28
10885
Energy Saving Regulations Enforced by Governments Encourage Deployment of Oil-free Compressors
Oil-free compressors now indispensable in many industries as technological advances and need for environmental protections boost market momentum, say Frost & Sullivan SANTA CLARA, Calif., Feb. 25, 2021 /PRNewswire/ -- Frost & Sullivan's recent analysis, In-house Servicing Capabilities and Sustai...
2021-02-25 01:53
1743
China Yuchai International Announces Unaudited Results of the Second Half Year and the Full Year Ended December 31, 2020
SINGAPORE, Feb. 24, 2021 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), a leading manufacturer and distributor of engines for on- and off-road applications inChina through its main operating subsidiary, Guangxi Yuchai Machinery Company Limited("G...
2021-02-24 19:00
9487
Alex Tan appointed CEO of Hyva, Marco Mazzù appointed Chairman
Positive trend confirmed in 2020, despite the COVID-19 pandemic ALPHEN AAN DEN RIJN, Netherlands, Feb. 24, 2021 /PRNewswire/ -- Hyva, a global leader in loading and unloading hydraulic solutions serving the commercial vehicle and environmental services industries, is appointingAlex Tan as its ne...
2021-02-24 18:39
3816
Ponsse launches a new generation Scorpion harvester range
HELSINKI, Feb. 24, 2021 /PRNewswire/ -- Ponsse launches a completely modernised range of Scorpion harvesters, which meets all the requirements of forestry today. The new PONSSE Scorpion takes harvest productivity and ergonomics to the next level and sets a new standard for the operator's working ...
2021-02-24 18:23
2263
GreenBroz Announces Strategic Partnership With Brother Gearmotor
Expanded use of Brother gearmotors builds upon a relationship begun last year LAS VEGAS, Feb. 23, 2021 /PRNewswire/ -- Greenbroz Inc., the global leader in cannabis post-harvest processing technology, is proud to announce an expanded strategic partnership with Brother Gearmotor, a division of Bro...
2021-02-24 02:02
1906
Samsung Introduces 1.4μm 50Mp ISOCELL GN2 with Faster and More True-to-Life Auto-Focusing
SEOUL, South Korea, Feb. 23, 2021 /PRNewswire/ -- Samsung Electronics Co., Ltd., a world leader in advanced semiconductor technology, today introduced Samsung ISOCELL GN2, a new 50-megapixel (Mp) image sensor with large 1.4-micrometer (μm)-sized pixels. With enhancements to its predecessor, the ...
2021-02-23 10:04
5512
Why Famtech Will Become a Major Trend in the Coming Years
MOSCOW, Feb. 22, 2021 /PRNewswire/ -- Famtech is technology designed to help families on their path to prosperity and well-being. While the term is not widely used, the famtech industry already exists and is growing rapidly among start-ups and non-profit initiatives. They help families keep their...
2021-02-22 20:26
3722
Frost & Sullivan Shares Strategic Overview of Key Industries and Investment Opportunities in India by 2025
Along with industry experts from NITI Aayog and Aditya Birla Group, Frost & Sullivan will discussIndia's economic development and fastest-growing sectors SANTA CLARA, Calif., Feb. 19, 2021 /PRNewswire/ -- From a major economic crisis in 1991,India evolved to become the fastest-growing major econo...
2021-02-19 21:07
4724
XCMG Creates Strong Partnership with Tsingshan Group to Build New Energy Base for NEV R&D and Production
XUZHOU, China, Feb. 19, 2021 /PRNewswire/ -- Leading construction machinery manufacturer XCMG (000425.SZ) is joining hands with Tsingshan Holding Group, the world's biggest stainless steel producer with a focus on new energy, to invest5.5 billion yuan (US$852.85 million) in establishing the XCMG ...
2021-02-19 21:00
7334
SOCMA and Greenland Technologies Sign Co-Operation Agreement to Support U.S. Production of Electric Industrial Vehicles
HOWELL, N.J., Feb. 18, 2021 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, and Fujian South China Heavy Machine...
2021-02-18 20:00
4946
Frost & Sullivan Experts to Analyze Economic Outlook of a Post-pandemic 2021
Upcoming webinar to outline top 2021 predictions and growth opportunities expected to transform the global economic landscape SANTA CLARA, Calif., Feb. 11, 2021 /PRNewswire/ -- The global economy went through an extremely turbulent phase in 2020 due to worldwide lockdowns, a crash in oil prices,...
2021-02-11 05:36
3065
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