Machinery

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 ...

2021-03-05 11:16 724

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...

2021-03-04 18:43 1652

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. "The...

2021-03-03 21:09 918

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 ...

2021-03-02 13:37 2860

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...

2021-03-01 14:45 762

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...

2021-02-26 20:41 6080

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 ...

2021-02-26 17:27 5583

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...

2021-02-25 19:28 7812

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...

2021-02-25 01:53 950

Alex Tan appointed CEO of Hyva, Marco Mazzù appointed Chairman

Positive trend confirmed in 2020, despite the COVID-19 pandemic ALPHEN AAN DEN RIJN, Netherlands, Feb. 24, 2021 /PRNewswire/ -- Hyva, a global leader in loading and unloading hydraulic solutions serving the commercial vehicle and environmental services industries, is appointingAlex Tan as its ne...

2021-02-24 18:39 893

Ponsse launches a new generation Scorpion harvester range

HELSINKI, Feb. 24, 2021 /PRNewswire/ -- Ponsse launches a completely modernised range of Scorpion harvesters, which meets all the requirements of forestry today. The new PONSSE Scorpion takes harvest productivity and ergonomics to the next level and sets a new standard for the operator's working ...

2021-02-24 18:23 825

Samsung Introduces 1.4μm 50Mp ISOCELL GN2 with Faster and More True-to-Life Auto-Focusing

SEOUL, South Korea, Feb. 23, 2021 /PRNewswire/ -- Samsung Electronics Co., Ltd., a world leader in advanced semiconductor technology, today introduced Samsung ISOCELL GN2, a new 50-megapixel (Mp) image sensor with large 1.4-micrometer (μm)-sized pixels. With enhancements to its predecessor, the ...

2021-02-23 10:04 1124

Why Famtech Will Become a Major Trend in the Coming Years

MOSCOW, Feb. 22, 2021 /PRNewswire/ -- Famtech is technology designed to help families on their path to prosperity and well-being. While the term is not widely used, the famtech industry already exists and is growing rapidly among start-ups and non-profit initiatives. They help families keep their...

2021-02-22 20:26 1236

Frost & Sullivan Shares Strategic Overview of Key Industries and Investment Opportunities in India by 2025

Along with industry experts from NITI Aayog and Aditya Birla Group, Frost & Sullivan will discussIndia's economic development and fastest-growing sectors SANTA CLARA, Calif., Feb. 19, 2021 /PRNewswire/ -- From a major economic crisis in 1991,India evolved to become the fastest-growing major econo...

2021-02-19 21:07 2927

XCMG Creates Strong Partnership with Tsingshan Group to Build New Energy Base for NEV R&D and Production

XUZHOU, China, Feb. 19, 2021 /PRNewswire/ -- Leading construction machinery manufacturer XCMG (000425.SZ) is joining hands with Tsingshan Holding Group, the world's biggest stainless steel producer with a focus on new energy, to invest5.5 billion yuan (US$852.85 million) in establishing the XCMG ...

2021-02-19 21:00 4813

Frost & Sullivan Experts to Analyze Economic Outlook of a Post-pandemic 2021

Upcoming webinar to outline top 2021 predictions and growth opportunities expected to transform the global economic landscape SANTA CLARA, Calif., Feb. 11, 2021 /PRNewswire/ -- The global economy went through an extremely turbulent phase in 2020 due to worldwide lockdowns, a crash in oil prices,...

2021-02-11 05:36 1571

39 Outstanding Jereh Staff Rewarded with Automobiles

YANTAI, China, Feb. 9, 2021 /PRNewswire/ -- 2020 Jereh Golden Key Car Award  ceremony was held at Jereh headquarters of Yantai and 39 outstanding employees received cars. By now, the award has been issued for 13 years, with a total of 407 cars worth56 million Yuan.

2021-02-09 19:18 1535

Hitachi Elevator Provides 201 Escalators to Shanghai's Metro Line 15

SHANGHAI, Feb. 6, 2021 /PRNewswire/ -- On January 23, Shanghai Metro Line 15 opened for trial operation. The line, featuring the highest level of fully autonomous driving, is the longest (in terms of kilometers of track) ever in China to be opened for service in one go. Hitachi Elevator provided 2...

2021-02-07 09:51 1666

Emerson Chief Executive Officer David N. Farr to Retire; Lal Karsanbhai to become CEO on Feb. 5

ST. LOUIS, Feb. 5, 2021 /PRNewswire/ -- Emerson (NYSE: EMR), a global technology and industrial software leader, today announced Chief Executive OfficerDavid N. Farr will retire on Feb. 5. Lal Karsanbhai, who has served as executive president of the company's Automation Solutions business since 2...

2021-02-05 12:41 640

ISSA and INFORMA Markets Solidify Partnership in China Asia's Flagship Cleaning Industry Event

SHANGHAI, Feb. 4, 2021 /PRNewswire/ -- ISSA and Informa Markets have solidified a strategic partnership to serve the Chinese global cleaning industry through the launch of an ISSA Pavilion at Informa's China Clean Expo. More than 35,000 industry leaders and 600+ companies from around the globe ar...

2021-02-05 11:06 1664
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