Machine Tools, Metalworking and metallurgy
Year-end Report January-December 2020
STOCKHOLM, Feb. 10, 2021 /PRNewswire/ -- Fourth quarter * Order intake amounted to SEK 865 (1,706) million, a decline of 49 percent * Net sales decreased 16 percent to SEK 992 (1,181) million and 11 percent based on constant exchange rates * EBIT rose 5 p...
Mitsubishi Power Lauded by Frost & Sullivan for Enabling Autonomous Plant Operations with Its TOMONI™ Digital Solutions Portfolio
A full-stack suite, TOMONI™ delivers precise and actionable asset-level information using advanced analytics and AI backed by physics and statistical models as well as decades of experience. SANTA CLARA, Calif., Feb. 8, 2021 /PRNewswire/ -- Based on its recent analysis on digital best practition...
Recon Announces Owning 51% of FGS
BEIJING, Feb. 8, 2021 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), ("Recon" or the "Company"), today announced that two of its subsidiaries entered into the fourth supplemental agreement to the investment agreement with Future Gas Station (Beijing) Technology, Ltd ("FGS") and FGS' found...
Jiangsu Guoqiang Introduced 90 Welding Robots, to Upgrade the Intelligent Manufacturing
LIYANG, China, Feb. 3, 2021 /PRNewswire/ -- Jiangsu Guoqiang Galvanization Industrial Company (Hereinafter as JSGQ) finished the debugging of the imported 90 fully automatic welding robots and entered the formal production stage. The industrial robots introduced are mainly used in the welding lin...
Dreams Come True: FLEXIM 30th Anniversary Surprise
Employees' gift to the founders make long-lasting wishes come true BERLIN, Feb. 3, 2021 /PRNewswire/ -- "I have a good tent, a good sleeping bag, and a kayak," saysJens Hilpert, one of the four founders and CEO of FLEXIM. This is seemingly all that is needed. So what do you give four company fou...
SKF Year-end report 2020
GOTHENBURG, Sweden, Feb. 2, 2021 /PRNewswire/ -- Alrik Danielson, President and CEO: "I would like to thank everyone in SKF for contributing to making 2020 the year in which we delivered on our strategy in earnest, a fact which is reflected in yet another very strong set of results, not least d...
Welding Vendors Focusing on New Technologies and Energy Efficiency for Business Growth, Finds Frost & Sullivan
The market is driven by developing regions where infrastructure building and automation is a priority SANTA CLARA, Calif., Jan. 28, 2021 /PRNewswire/ -- Frost & Sullivan's recent analysis,Newer Welding Techniques to Enable Growth in the Digital Age, reports that increasing competition in the glo...
Hublot Launches New Big Bang Tourbillon Automatic Orange Sapphire
The art of fusion reaches a new level with a double endeavour at the limits of possibility NYON, Switzerland, Jan. 26, 2021 /PRNewswire/ -- Transparent, black, yellow, blue, red – Hublot has mastered the creation and machining of sapphires with exclusive shades for its watchcases. With the new B...
JSGQ Exports its Galvanizing Materials to 17 Countries, Making its Cumulative Overseas Shipment Exceed 600,000 Tons
LIYANG, China, Jan. 25, 2021 /PRNewswire/ -- On January 22, 2021, Jiangsu Guoqiang Galvanization Industrial Company (Hereinafter as JSGQ) announced its annual statistics, showing that its cumulative shipments of hot-dipped galvanizing materials to global overseas markets (exceptChina) have exceed...
Recon Announces Development of AI-based Control System of Electric Submersible Pump
BEIJING, Jan. 19, 2021 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), ("Recon" or the "Company"), aChina-based independent solutions integrator in the oilfield service, electric power and coal chemical industries, today announced that the Company successfully completed the design and impl...
ZK International Subsidiary, xSigma Corporation, Announces its ETF-like Decentralized Fund and Platform
WENZHOU, China, Jan. 19, 2021 /PRNewswire/ -- ZK International Group Co., Ltd. (Nasdaq: ZKIN) ("ZKIN", "ZK International" or the "Company"), a designer, engineer, manufacturer, and supplier of patented high-performance stainless steel and carbon steel pipe products primarily used for water and ga...
Global Advanced Metals Declared Conformant to Minerals Due Diligence Audit Standard for Eleventh Consecutive Year
WELLESLEY HILLS, Mass. and PERTH, Australia, Jan. 13, 2021 /PRNewswire/ -- Global Advanced Metals Pty Ltd (GAM), a leading producer of tantalum powders and metallurgical products, has again successfully undergone a conflict minerals due diligence audit under the RMI Responsible Minerals Assurance...
KEMP Combines 4th Generation Technology to Produce Offshore Wind Power Structures
ULSAN, South Korea, Dec. 24, 2020 /PRNewswire/ -- Hyun-Jun, Jeon (The director
of KEMP Co., Ltd.) recently presented the '4th generation eco-friendly ceramic
zinc plating technology-INNOZINC at the 2nd day event of the Ulsan Floating
Offshore Wind Power International Forum 2020.
ZK International Group Visited by Consul General at the U.S. Consulate General in Shanghai
WENZHOU, China, Dec. 23, 2020 /PRNewswire/ -- ZK International Group <> Co., Ltd. (Nasdaq: ZKIN <>) ("ZKIN", "ZK International" or the "Company"), a designer, engineer, manufacturer, and supplier of patented high-performance stainless steel and carbon steel pipe products primarily used for water ...
JSGQ's Solar Mounting Structure Shipment in Europe Exceeds 4GW
LIYANG, China, Dec. 22, 2020 /PRNewswire/ -- Recently, Jiangsu Guoqiang Galvanization Industrial Company (Hereinafter as JSGQ) released a set of data for its overseas performance. As of the end of 2020, its export volume of solar mounting structures inEurope has exceeded 4GW. At the same time,...
Ossen Innovation Enters into Definitive Merger Agreement for Going Private Transaction
SHANGHAI, Dec. 17, 2020 /PRNewswire/ – Ossen Innovation Co., Ltd. (the "Company ") (Nasdaq: OSN), aChina-based manufacturer of an array of plain surface, rare earth and zinc coated pre-stressed steel materials, today announced that it has entered into a definitive Agreement and Plan of Merger (the...
Global Machine Tools Market was Valued at US$ 71709.79 Mn in 2019 Growing at a CAGR of 7.33% Over the Forecast Period - says Absolute Markets Insights
PUNE, India, Dec. 17, 2020 /PRNewswire/ --
* The COVID-19 pandemic is expected to positively impact the global machine
tools market
Global Laser Machine Tools Market will grow to US$ 6901.18 Mn by 2028 at a CAGR of 12.09% over the forecast period - says Absolute Markets Insights
PUNE, India, Dec. 17 2020 /PRNewswire/ --
* Global laser machine tools market
Dr. Richard A. Bucher Named Chief Executive Officer
EASTON, Pa., Dec. 16, 2020 /PRNewswire/ -- Victaulic announced the appointment ofRick Bucher as Chief Executive Officer, succeeding John F. Malloy , effectiveJanuary 31, 2021. Dr. Bucher was named President of Victaulic in April of 2020, following aJune 2019 appointment as Chief Operating Off...
ZK International Group Co., Ltd. to Form Joint Venture and Bid on Hydropower Project with Total Estimated Cost of 4.9 Billion RMB
WENZHOU, China, Dec. 10, 2020 /PRNewswire/ -- ZK International Group Co., Ltd. ( Nasdaq: ZKIN) ("ZKIN", "ZK International" or the "Company"), a designer, engineer, manufacturer, and supplier of patented high-performance stainless steel and carbon steel pipe products primarily used for water and ga...
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