Machinery
Greenland Technologies Holding Corporation Announces Its Intent to Acquire Goog Intelligent Machinery Changxing Co., Ltd.
HOWELL, N.J., Jan. 13, 2020 /PRNewswire/ -- On December 18, 2019, Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland") and Goog Intelligent Machinery Changxing Co., Ltd. ("Goog"), a technology service and product provider inChina, entered into a non-binding Memorandum of Under...
KPS Capital Partners to Acquire IKG from Harsco Corporation
NEW YORK, Jan. 10, 2020 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that it has signed a definitive agreement to purchase the IKG business ("IKG" or the "Company") from Harsco Corporation ("Harsco", NYSE: HSC) for total consideration of$85 million, subject to customary closin...
Rising Demand for IoT-enabled Pumps to Drive North American PD Pumps Market amid Economic Slowdown
Integration of machine learning, artificial intelligence in pumps to help improve efficiency and reduce maintenance costs, finds Frost & Sullivan SANTA CLARA, California, Jan. 8, 2020 /PRNewswire/ -- Driven by continued investments in the US oil and gas industry, along with increased activity in ...
FSA2020 - Exhibition Will Increase the Scale to Fulfill the Developing Market
SHANGHAI, Jan. 6, 2020 /PRNewswire/ -- Filtration & Separation Asia (FSA) combined with China International Filtration & Separation Exhibition, hosted by China Filtration & Separation Society (CFS), CNTA and Informa Markets, is an important and influential filtration & separation topic event inAs...
Zoomlion's Tower Crane Sales Top 10 Billion Yuan in 2019
CHANGDE, China, Jan. 3, 2020 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion") (1157.HK) is celebrating a new milestone as its tower crane sales crossed the10 billion yuan (USD 1.43 billion) mark in 2019, making it the first global company in the market to reach ...
Nexteer President Michael P. Richardson Announces Retirement
AUBURN HILLS, Mich., Jan. 2, 2020 /PRNewswire/ -- After 45 years of service, Nexteer's President and Executive Board DirectorMichael P. Richardson announces his retirement today. Senior Vice President and Global Chief Operating Officer, Tao Liu, and Nexteer's senior leadership team will assume Ric...
Sinopec Masters Sinomacs ATS I Steerable Drilling System with Major Breakthrough in SLOF Oil Field
BEIJING, Dec. 27, 2019 /PRNewswire/ -- China Petroleum & Chemical Corporation ("Sinopec" or the "Company") (HKEX: 386; SSE: 600028; NYSE: SNP) has announced a significant breakthrough as its self-developed Sinomacs ATS I type rotary steerable drilling system drilled to a depth of 857 meters after...
Hitachi's elevator and escalator production and sales in 2019 both surpass 100K unit milestone
GUANGZHOU, China, Dec. 26, 2019 /PRNewswire/ -- On December 24, Hitachi Elevator (China) Co., Ltd. signed a contract with Evergrande Group, pushing Hitachi Elevator's sales of vertical conveyances for 2019 past the 100,000 unit milestone. With just a few more days to go before the end of the year...
Guangzhou Metro Line 21 goes into full operation, served by 273 escalators and elevators from Hitachi Elevator
GUANGZHOU, China, Dec. 25, 2019 /PRNewswire/ -- Guangzhou Metro Line 21 was
fully put into operation onDecember 20, vastly shortening the trip to the city's
business center for the residents of Zengcheng and Zhenlong districts.
XCMG Named in The World's 500 Most Influential Brands for the First Time
NEW YORK, Dec. 24, 2019 /PRNewswire/ -- The World Brand Lab has named China's
leading construction equipment manufacturer XCMG (SHE: 000425) as one of the
World's 500 Most Influential Brands for the first time.
Vestas wins first full scope EPC contract in Vietnam for new 50 MW intertidal project
SINGAPORE, Dec. 23, 2019 /PRNewswire/ -- Vestas has secured its first full Engineering Procurement Construction (EPC) contract inVietnam with a 50 MW order from Tra Vinh Wind Power Co. Ltd. (TWPC). The order marks Vestas' second intertidal deal in the country within a week, underlining Vestas' ca...
First Thai Truck Manufacturer Steelmer Qualifies for SSAB's Hardox(R) In My Body Program
BANGKOK, Dec. 23, 2019 /PRNewswire/ -- Global steel producer SSAB is pleased to announce that Thai truck and tipper body manufacturerSteelmer Company Ltd. has qualified for membership in the Hardox® In My Body program. Steelmer designs, fabricates and assembles tipper and dump truck bodies, hook ...
SKF's Capital Markets Day Will be Held on 4 November 2020
GOTHENBURG, Sweden, Dec. 20, 2019 /PRNewswire/ -- In November 2020, SKF will arrange its Capital Markets Day in co-ordination with Sandvik and Volvo Group. The capital markets days will include visits to Sandvik and SKF sites inAustria and to Volvo inGothenburg, Sweden. SKF's Capital Markets Day...
Mycronic Receives Order for an Advanced Mask Writer and a Measurement System
STOCKHOLM, Dec. 19, 2019 /PRNewswire/ -- Mycronic AB (publ) has received an order for a Prexision 800 Evo mask writer for display applications and a Prexision MMS measurement system for quality assurance of advanced photomasks. The order has been received from an existing customer inAsia and is v...
Seal Manufacturers to Enjoy Greater Growth Opportunities by Offering Diagnostic Solutions
Demonstrable RoI vital to attract customers that are looking to implement energy-efficient solutions, finds Frost & Sullivan SANTA CLARA, Calif., Dec. 18, 2019 /PRNewswire/ -- The refurbishment of aging infrastructure, public investment in renovation, and the growth of thepower generation indust...
Building in the "Bermuda of the East": Zoomlion's Tower Cranes Complete Lifting Operations for the World's Longest Road-rail Cross-sea Bridge
PINGTAN, China, Dec. 16, 2019 /PRNewswire/ -- Over 35 self-developed high-end tower cranes produced by Zoomlion (01157.HK) completed lifting operations for the Pingtan road-rail bridge project, the world's longest road-rail cross-sea bridge. As the lifting equipment provider, Zoomlion set a new b...
Update on Electrolux Operations in North America
STOCKHOLM, Dec. 16, 2019 /PRNewswire/ -- Electrolux today provided an update on issues expected to impact operating income for its business areaNorth America in the fourth quarter; primarily the consolidation of its U.S. refrigerator/freezer manufacturing and related transition to new product pl...
Hitachi Elevator wins bid for Guangzhou Metro's largest procurement project to date
GUANGZHOU, China, Dec. 11, 2019 /PRNewswire/ -- On November 25, Hitachi Elevator (China) Co., Ltd., as part of a consortium, won the bid for the procurement, installation, operation and maintenance of the escalators and elevators for a series of new metro lines as well as extensions to existing ...
Smiths Interconnect opens a new qualification and test laboratory in Dundee
LONDON, Dec. 10, 2019 /PRNewswire/ -- Smiths Interconnect proudly celebrated the Grand Opening of its new Qualification and Test laboratory in its site in Dundee, Scotland. The new laboratory offers a one-stop shop for critical qualification and testing of Smiths Interconnect's products inEurope....
Habasit Acquires Namil Belt Industrial Co., Ltd. (NBI) and Korea Belt Services (KBS) in South Korea
Habasit, the world-leading conveyor and processing belting solutions company, headquartered in Reinach,Switzerland, acquired Namil Belt Industrial Co., Ltd. and Korea Belt Services inSouth Korea. The acquisitions strengthen Habasit's level of service for customers in the South Korean market. REI...
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