Machinery
China Automotive Systems Announces Share Repurchase Program Up To $5 Million
WUHAN, China, Nov. 18, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"),a leading power steering components and systems supplier inChina, today announced that its board of directors approved a share repurchase program of up to$5 million of its outstandi...
Angel Yeast Turns Automation into Opportunity, Ensuring No Job Losses
YICHANG, China, Nov. 15, 2024 /PRNewswire/ -- Angel Yeast has taken a significant step towards modernization and sustainability by automating its packaging line while ensuring no layoffs for its employees. In 2024, with the completion of the intelligent transformation of its packaging workshop, t...
Greenland Reports 75.3% Increase in Net Income for First Nine Months of 2024
* Revenue for the First Nine Months of 2024 of $64.57 Million, Decreases Slightly from$67.56 Million in First Nine Months of 2023 * Operating Expenses Decrease 15.6% for the First Nine Months of 2024 Compared to the First Nine Months of 2023 * Strong Balance Sheet with Cash and Restricted Ca...
Ten Years of Impact: The SANY Foundation's Enduring Mission in Philanthropy
SHANGHAI, Nov. 14, 2024 /PRNewswire/ -- 2024 marks the eleventh year since the establishment of the SANY Foundation. The foundation's inaugural project, "Dream Fulfillment", initiated SANY's mission to promote scientific philanthropy. Over the years, its scope has broadened to encompass public a...
XCMG Crane to Showcase Cutting-Edge Products at Bauma China 2024
SHANGHAI, Nov. 14, 2024 /PRNewswire/ -- XCMG Crane, a global leader in crane manufacturing, is set to make a significant impact at Bauma China 2024, taking place fromNovember 26 to 29. The company will exhibit a range of its latest innovations, including five premier models that encompass all-ter...
Xinhua Silk Road: SE. China's Longyan builds exchange platform for machinery and equipment industry
BEIJING, Nov. 12, 2024 /PRNewswire/ -- The 13th Cross-Strait Machinery Industry
Expo and the 15th China Longyan Investment Project Conference opened onNovember
8 in Longyan City, southeast China's Fujian Province.
Topband's Global Supply Chain Layout
SHENZHEN, China, Nov. 11, 2024 /PRNewswire/ -- Founded in 1996, Topband is a global leading provider of intelligent control solutions.After about 30 years of development, Topband mainly engages in R&D, production, and sales of intelligent control system solutions, providing leading customized int...
Highway Holdings Declares $0.05 Cash Dividend per Share; Company Sets Dividend Record and Distribution Dates
HONG KONG, Nov. 11, 2024 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO, "the Company" or "Highway Holdings") today announced the Company's Board of Directors declared a cash dividend of$0.05 per common share. The dividend will be paid onDecember 24, 2024 to shareholders of record on Dece...
SANY Empowers Intelligent Port Construction to Achieve Major Breakthrough
Port of Tianjin tire crane automation transformation project: digital and intelligent solutions to save energy, reduce carbon SHANGHAI, Nov. 11, 2024 /PRNewswire/ -- Sany Marine Heavy Industry Co., Ltd. ("SANY Marine"), the port machinery subsidiary of SANY Group ("SANY"), has achieved a signifi...
LiuGong 2024 Global Dealer Conference Successfully Held
LIUZHOU, China, Nov. 7, 2024 /PRNewswire/ -- From November 6th. to 7th., 2024 LiuGong (000528.SZ) Global Dealer Conference & 11•26 Global Customer Festival was held in Liuzhou,Guangxi, at the company's headquarters. Nearly a thousand dealer representatives from around the world gathered together ...
ABB announces the acquisition of Aurora Motors
* Aurora Motors is a global provider of Vertical Pump Motors * Their products are distributed in 30 countries spanning the agriculture, municipality, industrial and fire protection industries * The acquisition represents a significant enhancement to NEMA's product portfolio, bolstering the m...
Jereh Lands $920 Million ADNOC Contract of AI-Driven Well Digitalization Program
ABU DHABI, UAE, Nov. 5, 2024 /PRNewswire/ -- Jereh signed a $920 million EPC contract with ADNOC Onshore, a subsidiary of Abu Dhabi National Oil Company (ADNOC), to undertake a transformative well digitization project. This initiative will involve installing advanced remote sensing and operationa...
HSG Laser Unveils Advanced Automation Solution for Welding at JIMTOF 2024
TOKYO, Nov. 5, 2024 /PRNewswire/ -- At the Japan International Machine Tool Fair (JIMTOF), HSG Laser, a global leader in metal shaping equipment and automation solutions, unveiled its newest automation solution to the Japanese market, the HLGW Robo. This latest innovation of HSG Japan underscores...
Tailift Shines at FABTECH 2024, Forging Global Partnerships to Drive the Future of Intelligent Manufacturing
CHICAGO, Nov. 4, 2024 /PRNewswire/ -- At FABTECH 2024 in Orlando, October 15-17 , Tailift showcased its latest advancements in intelligent manufacturing, attracting extensive industry attention. Known for its technical innovation, Tailift presented a laser cutting machine with FANUC controller, tw...
SKF completes acquisition of John Sample Group
GOTHENBURG, Sweden, Oct. 31, 2024 /PRNewswire/ -- SKF has completed the previously announced acquisition of John Sample Group's (JSG) Lubrication and Flow Management businesses. JSG is a well-established lubrication system and full-service solutions provider founded in 1921. "We're glad to welco...
Zoomlion Brings Latest Innovative Agricultural Solutions to 2024 China International Agricultural Machinery Exhibition
CHANGSHA, China, Oct. 31, 2024 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion"; 1157.HK) has showcased the latest high-end intelligent agricultural machinery equipment products, advanced solutions and technological innovations to the 2024 China International Agr...
China Yuchai Terminates Its Share Buyback Plan
SINGAPORE, Oct. 31, 2024 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD)("China Yuchai" or the "Company") today announced that its Board of Directors has approved to terminate its share buyback plan with immediate effect. The share buyback plan was adopted on June 7, 2024, under ...
Successful Conclusion of XCMG Apprentice Season 9 & XCMG Global Excellent Employees Training Camp
XUZHOU, China, Oct. 29, 2024 /PRNewswire/ -- XCMG Apprentice Season 9 & XCMG Global Excellent Employees Training Camp has successfully concluded. This event brought together 23 outstanding employees from XCMG's 9 global regions and 17 countries, who traveled to Xuzhou, the capital of Chinese cons...
Kennametal Expands Legacy Portfolio with Three New Turning Products
One New Offering Specific to Small Parts Machining & Medical Applications PITTSBURGH, Oct. 25, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) is expanding its turning portfolio with the introduction of new inserts and cutting tools that significantly broadens its machining capabilities in the ...
XCMG to Unveil Innovative Crane Solutions at AGEDI Exhibition in Partnership with Infinity Maq
CHIHUAHUA, Mexico, Oct. 25, 2024 /PRNewswire/ -- Leading Chinese construction machinery manufacturer XCMG, in collaboration with its esteemed Mexican dealer Infinity Maq, is gearing up to participate in the highly anticipated 9th edition of the AGEDI Crane Expo, scheduled to take place fromOctob...
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