Machinery
XCMG Celebrates International Day of Happiness, Champions Employee Wellbeing with its Upgraded Total Health Program
XUZHOU, China, March 18, 2021 /PRNewswire/ -- XCMG (000425.SZ) is launching an upgraded edition of its Total Health Program (THP) to celebrate International Day of Happiness onMarch 20, its first global health initiative which was introduced a year ago as a response to increasing health risk chal...
PHNIX Will Launch New R290 Heat Pumps on ISH Digital 2021
GUANGZHOU, China, March 18, 2021 /PRNewswire/ -- PHNIX, an expert heat pump ODM/OEM supplier, will be present in ISH digital 2021, the world's leading trade fair on heating, water and energy, taking place digitally from 22nd to 26th ofMarch 2021. Continuing to fulfill its commitment to lead the...
Energy-saving Goals to Inflate the Demand for IIoT-based Pump Solutions, Says Frost & Sullivan
Pumps integrated with digital solutions to present strong opportunities for growth SANTA CLARA, Calif., March 17, 2021 /PRNewswire/ -- Frost & Sullivan's recent analysis of theNorth American Positive Displacement (PD) Pumps Market finds that key verticals, including food & beverage (F&B), pharma...
Linde and Bluefors to jointly develop cryogenic cooling solutions for large-scale quantum computing technology
PULLACH, Germany and HELSINKI, March 17, 2021 /PRNewswire/ -- Linde (NYSE: LIN) (FWB: LIN) and Bluefors have joined forces to create cooling solutions for large-scale quantum computers. Linde is contributing its vast experience as the world leader in large cryogenic installations. Bluefors brings...
Mr. Li Hanyang Appointed Chairman of China Yuchai's Subsidiary
SINGAPORE, March 17, 2021 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") announced today that Mr. Li Hanyang has been appointed as Chairman of the Board of its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), effectiv...
Zoomlion's 2000-ton Crawler Crane Breaks Record as Largest Tonnage Crane Exported from China to Global Markets
CHANGSHA, China, March 17, 2021 /PRNewswire/ -- On March 5, Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion") (1157.HK) successfully signed an order withTurkey's largest local crane equipment leasing company to import the ZCC32000W, a 2000-ton crawler crane, setting a new record...
Scholle IPN Acquires Flexible Packaging Equipment Company, Bossar
NORTHLAKE, Ill., March 11, 2021 /PRNewswire/ -- Scholle IPN, a leading global
supplier of flexible packaging solutions, announced today that they have
completed the purchase of Bossar, a global supplier of flexible horizontal
form-fill-seal packaging equipment.
Scholle IPN Acquires Flexible Packaging Equipment Company, Bossar
NORTHLAKE, Ill., March 11, 2021 /PRNewswire/ -- Scholle IPN, a leading global
supplier of flexible packaging solutions, announced today that they have
completed the purchase of Bossar, a global supplier of flexible horizontal
form-fill-seal packaging equipment.
XCMG Delivers 6 Units of Customized GR2605 Graders to Rio Tinto's Mines in Western Australia
XUZHOU, China, March 9, 2021 /PRNewswire/ -- Leading construction machinery manufacturer XCMG (000425.SZ) has delivered six units of customized GR2605 graders to Rio Tinto recently that have been put into use in the company's mines inWestern Australia. The model, specifically customized for R...
Trillium Flow Technologies™ acquires Red Point Alloys BV
STAMFORD, Conn., HOUSTON and LONDON, March 8, 2021 /PRNewswire/ -- Effective today, we are excited to announce Red Point Alloys BV ("Red Point") is joining Trillium Flow Technologies ("Trillium"). Founded in 1987, Red Point specializes in the design, manufacture, and quick delivery of exotic ...
XCMG "Sheroes" Confront the Gender Gap by Sharing Their Inspirational Stories
XUZHOU, China, March 8, 2021 /PRNewswire/ -- XCMG (000425.SZ) is celebrating International Women's Day with a week of special events themed "She Defines". Female heroes from R&D, regional sales offices and the production frontlines shared inspiring stories of their personal growth, highlighting t...
Sandvik builds manufacturing facility in Changzhou National High-Tech Zone
CHANGZHOU, China, March 5, 2021 /PRNewswire/ -- Sandvik Group, one of the world's leading mining engineering machine manufacturers, is investingUSD 15 million to build a new manufacturing facility in Menghe Town, Changzhou National Hi-Tech District, marking an auspicious start for the district's ...
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...
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$50 MUSD in a new plant in Mexico. It is located in
Alianza Industrial Park in theSaltillo area of Coahuila State.
TTI Delivers Exceptional 2020 Results
HONG KONG, March 3, 2021 /PRNewswire/ -- Highlights 2020* US$' 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...
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 ...
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....
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...
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...
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 ...
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