Mining/Metals
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...
Montem confirms Tier 1 Hard Coking Coal at Chinook Vicary
HIGHLIGHTS * Montem receives excellent results from detailed coal quality test work completed on large diameter core samples from Chinook Vicary. * Exceptional coke strength results with CSR values ranging from 67 to 74. * Working section clean coal composite produced high simulated plant yi...
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...
SKF Annual Report 2020
GOTHENBURG, March 3, 2021 /PRNewswire/ -- AB SKF's Annual Report 2020 has today been published on the Group's website. The report focuses on SKF's operations and value creation for customers, employees, shareholders, the environment and surrounding communities. Alrik Danielson, President and CEO...
Platinum Leads Jewellery Market Recovery During Holiday Season, Reveals Latest PGI Report
HONG KONG, March 3, 2021 /PRNewswire/ -- This week, Platinum Guild
International'sPlatinum Jewellery Business Review (PJBR) Q4 2020
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 ...
RS Components collaborates with Phoenix Contact South East Asia to provide factory automation customers with elevated end-to-end industrial control solutions across SEA
BANGKOK, March 2, 2021 /PRNewswire/ -- RS Components (RS)
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....
RS Components collaborates with Phoenix Contact South East Asia to provide factory automation customers with elevated end-to-end industrial control solutions across SEA
SINGAPORE, March. 1, 2021 /PRNewswire/ -- RS Components (RS)
Klöckner Pentaplast Launches Its New Sustainability Strategy
LONDON, Feb. 26, 2021 /PRNewswire/ -- Klöckner Pentaplast (kp or the company), a leading global manufacturer of high barrier protective packaging solutions with industry-leading use of recycled content, today announced the launch of its new sustainability strategy,'Investing in Better'. This foll...
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 ...
Mycronic receives order for two SLX systems
STOCKHOLM, Feb. 26, 2021 /PRNewswire/ -- Mycronic AB (publ) has received an order for two SLX mask writers from an existing customer in theUSA. The total order value is betweenUSD 8 and 12 million. Delivery of the first SLX system is scheduled for the fourth quarter of 2021, while delivery of the...
SEMI Applauds President Biden, Bipartisan Congressional Leaders for Supporting Semiconductor Supply Chain Incentives
MILPITAS, Calif., Feb. 26, 2021 /PRNewswire/ -- SEMI, the industry association serving the global electronics design and manufacturing supply chain, today released the following statement from president and CEOAjit Manocha on the support of funding incentives to expand U.S. semiconductor manufact...
Zoomlion Delivers CNY1.1 Billion Worth of New Generation Intelligent Construction and Agricultural Flagship Products
CHANGSHA, China, Feb. 25, 2021 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. (Zoomlion) (1157.HK) onFebruary 18 delivered a massive array of flagship products from its various industrial parks including construction machinery and agricultural machinery, totalingCNY1.1 bil...
Energy Saving Regulations Enforced by Governments Encourage Deployment of Oil-free Compressors
Oil-free compressors now indispensable in many industries as technological advances and need for environmental protections boost market momentum, say Frost & Sullivan SANTA CLARA, Calif., Feb. 25, 2021 /PRNewswire/ -- Frost & Sullivan's recent analysis, In-house Servicing Capabilities and Sustai...
Siemens, IBM, Red Hat Launch Hybrid Cloud Initiative to Increase Real-time Value of Industrial IoT Data
Siemens to Adopt Red Hat OpenShift for its MindSphere Platform used by Manufacturers Globally ARMONK, N.Y., Feb. 24, 2021 /PRNewswire/ -- Siemens, IBM (NYSE: IBM) and Red Hat today announced a new collaboration that will use a hybrid cloud designed to deliver an open, flexible and more secure so...
TÜV SÜD launches "Adaptive Safety & Security System" - A dynamic approach to safety in smart manufacturing
HONG KONG, Feb. 24, 2021 /PRNewswire/ -- Industry 4.0 (I4.0) has already become a reality across industries and organizations with its unprecedented potential for higher flexibility, customization and efficiency levels. At the core, this is achieved throughdigitalized and interconnected industria...
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