Machine Tools, Metalworking and metallurgy News & Press Release Distribution

Machine Tools, Metalworking and metallurgy

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SKF invests in magnetic bearing manufacturing to meet increasing demand

GOTHENBURG, Sweden, May 22, 2023 /PRNewswire/ -- SKF is increasing its technical and manufacturing capabilities within magnetic bearings through an investment totalingSEK 50 million in a new manufacturing site in Tangier, Morocco. The new site will ramp up operations during the second quarter an...

2023-05-22 14:57 2395

SANY Heavy Industry and Shenglong Metallurgical Establish Strategic Partnership to Drive Green Transformation in Steel Industry

CHANGSHA, China, May 19, 2023 /PRNewswire/ -- SANY Heavy Industry ("SANY", SSE: 600031), a leading global heavy machinery manufacturer, recently held a signing ceremony during which the company reached a strategic partnership with Guangxi Shenglong Metallurgical Co Ltd (Shenglong Metallurgical). ...

2023-05-19 10:39 3764

XAG debuts P100 Pro Agricultural Drone at BEYOND Expo 2023

MACAU, May 18, 2023 /PRNewswire/ -- XAG, the world's leading agricultural drones and smart agriculture solutions provider, launched its new generation agricultural drone, the P100 Pro, at the BEYOND Expo 2023. The company's co-founder,Justin Gong, revealed that the P100 Pro is set to empower farm...

2023-05-18 10:31 2827

XAG debuts P100 Pro Agricultural Drone at BEYOND Expo 2023

SKF and Wolong cooperate to increase competitiveness in electric drive products

GOTHENBURG, Sweden, May 17, 2023 /PRNewswire/ -- SKF and Wolong Group, the Chinese global manufacturer of motor and drive solutions, have signed a memorandum of understanding to explore the possibilities of entering a strategic cooperation focused on the promotion and application of magnetic bea...

2023-05-17 14:48 2221

Tyvok Launched New Spider X1 on Kickstarter -- Supports Larger Formats Engraving & Cutting with Y-Axis extendable & X-Axis expandable

NEW YORK, May 9, 2023 /PRNewswire/ -- Spider X1 launched on MAY 9th, 9: 00 AM EST on Kickstarter. The world's first DIY engraving machine that provides super large work area let users to fulfil big size engraving and cutting projects in an efficient and uninterrupted way.Standardized and modular ...

2023-05-09 20:55 1659

DEKRA increases revenue and transforms for the future

Goals for 2022 achieved * Global revenue grows by 7.4% to 3.8 billion euros in the fiscal year 2022 * Investments rose by around one-third, reaching 143 million euros * Test services for EV batteries and charging infrastructure in high demand * Over 500 service offerings for sustainable bus...

2023-05-08 11:11 2050

Recon Receives NASDAQ Notification Regarding Minimum Bid Requirements

BEIJING, April 28, 2023 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company") today announced that onApril 27, 2023, it received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is currently not in compliance with the minimum bid price ...

2023-04-29 04:30 5834

Announcement of change in the total number of votes in AB SKF

GOTHENBURG, Sweden, April 28, 2023 /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 28 April 2023, the Company's share capital amounts to SEK 1,138,377,670 and the total number ...

2023-04-28 15:02 2152

SKF First-quarter report 2023: Strong organic sales and positive margin trend

GOTHENBURG, Sweden, April 27, 2023 /PRNewswire/ -- Rickard Gustafson, President and CEO: "Review of the first quarter I'm pleased to report a solid quarter with strong organic sales growth and a record high adjusted operating profit for a first quarter. In the period, we delivered an organic sa...

2023-04-27 14:55 1924

Hilco Global Announces Sale of All Assets at Vallourec Deutschland GmbH

NORTHBROOK, Ill., April 27, 2023 /PRNewswire/ -- Amsterdam-based Hilco Industrial Acquisitions, an operating company of U.S.-based Hilco Global, announced today the strategic partnership for the sale and project management relating to the disposition and removal of all assets at Vallourec Deutsch...

2023-04-27 03:17 3201

SSAB Set to Debut at Contech Vietnam with Revolutionary Hardox® Product Line

Setting its sights on improving the mining, construction and transportation industry HANOI, Vietnam, April 20, 2023 /PRNewswire/ -- Leading global steel company, SSAB has announced its upcoming debut presence at Contech Vietnam . It wil...

2023-04-20 11:00 2111

SKF first quarter results to be published on 27 April

GOTHENBURG, Sweden, April 14, 2023 /PRNewswire/ -- SKF will publish its first quarter results for 2023 on27 April 2023 at approximately 08:00 (CEST). Investors, analysts and media are invited to join a webcast, which will be held in English, at 09:00 (CEST). To join the webcast, please login at ...

2023-04-14 14:50 2323

SKF extends involvement in Gothia Cup, which this year attracts a record number of teams

SKF extends its involvement in the Gothia Cup by continuing as main partner for another three years. This year, there is a record interest in the world's largest youth tournament with more than 1,700 teams registered from over 60 countries GOTHENBURG, Sweden, April 12, 2023 /PRNewswire/ -- After...

2023-04-12 16:29 2039

Countdown: Tube China 2023 - International Tube & Pipe Industry Trade Fair Will Be Held on 14 - 16 June 2023

Shanghai New International Expo Centre, Shanghai, China * Tube China 2023 will be held in Shanghai this Summer * Register to Meet 500 Industry Leading Suppliers * A One-stop Sourcing Platform for Tube & Pipe Products * China International Steel Tube & Pipe Summit Forum SHANGHAI, April 12, 2...

2023-04-12 10:09 4827

DEKRA expands Board of Management: Petra Finke and Peter Laursen to fill newly created Board of Management positions at DEKRA

* Two new Board Members to join DEKRA SE: Petra Finke (55) to become Chief Digitalization Officer (CDO) as ofJuly 1, 2023, Peter Laursen (47) appointed as Chief Operation Officer (COO) with immediate effect. * They both complete the DEKRA SE Board of Management together with Stan Zurkiewicz a...

2023-04-11 12:53 4135

"Tiexi Day" In Germany and China-Germany (Shenyang) High-end Equipment Manufacturing Industrial Park Industry Cooperation Exchange Conference Successfully Held in Munich

SHENYANG, China, March 30, 2023 /PRNewswire/ -- "Tiexi Day" In Germany and China -Germany (Shenyang) High-end Equipment Manufacturing Industrial Park Industry Cooperation Exchange Conference was held to great success inMunich, the capital of the state of Bavaria. Participants engaged in dialogues ...

2023-03-30 22:45 1719

Recon Technology, Ltd Reports Financial Results for the First Six Months of Fiscal Year 2023

BEIJING, March 24, 2023 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company"), aChina-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced its financial results for the f...

2023-03-24 20:31 5398

Annual General Meeting of AB SKF

GOTHENBURG, Sweden, March 23, 2023 /PRNewswire/ -- The Annual General Meeting of Aktiebolaget SKF, parent company of the SKF Group, was held on Thursday, 23 March 2023. The income statements and the balance sheets were adopted, together with the Board's proposal for distribution of dividend. A ...

2023-03-23 23:48 3487

Creality Celebrates 9 years of 3D printing Evangelizing with Next-Gen Offerings

SHENZHEN, China, March 22, 2023 /PRNewswire/ -- Timed to its 9th anniversary on April 9, Creality reflects on the past years' efforts that have garnered the leading 3D printing brand a global consumer base of over 3.5 million, and is set to wow the users with next-gen products and anniversary sal...

2023-03-22 19:00 1742

Creality Celebrates 9 years of 3D printing Evangelizing with Next-Gen Offerings

SIMS METAL ACQUIRES NORTHEAST METAL TRADERS

NEW YORK, March 22, 2023 /PRNewswire/ -- Sims Metal, a global leader in metal recycling, today announced that the company will acquire the commercial and operating assets ofPennsylvania-based Northeast Metal Traders (NEMT). The acquisition is anticipated to close inmid-April 2023. NEMT, a non-fe...

2023-03-22 12:35 1930

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