Machinery
Onward and Upward, Zoomlion Kicks Off 2025 with Delivery of Over 10,000 Units, Valued at US$782 Million
CHANGSHA, China, Feb. 12, 2025 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion"; 1157.HK), a global leader in construction machinery, has marked a strong start to 2025 with its first major delivery event held at Zoomlion Smart Industrial City's headquarters resea...
Bankruptcy Sale Features All-New EV Battery-Manufacturing Equipment
-- Tiger Group and Liquidity Services offer unused assets stored in Belgium and South Korea SEOUL, South Korea and ANTWERP, Belgium, Feb. 11, 2025 /PRNewswire/ -- On behalf of a secured creditor,Tiger Group and Liquidity Services are accepting offers on a large amount of advanced EV battery man...
AGCO and SDF Enter New Partnership to Strengthen Global Position in Low-Mid Horsepower Tractor Segment
Supply agreement enables a refreshed Massey Ferguson utility tractor range DULUTH, Ga. and TREVIGLIO, Italy, Feb. 11, 2025 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, and SDF, on...
SANY Group Makes Historic Debut on the 2025 World's Top 500 Brands List
SHANGHAI, Feb. 8, 2025 /PRNewswire/ -- SANY Group, a leading construction machinery manufacturer, has made history by securing the 468th position on the prestigious 2025 World's Top 500 Brands list, as revealed by the GYBrand Global Brand Research Institute. This marks SANY's first-ever appearanc...
SKF continues the preparations for the separation of its Automotive business; initiates consent solicitation
GOTHENBURG, Sweden, Feb. 7, 2025 /PRNewswire/ -- In September 2024, SKF announced the decision to initiate a separation of its Automotive business with the objective of a separate listing on Nasdaq Stockholm through a Lex Asea distribution to its shareholders. As the separation process continues...
Form Technologies Acquired by Ares Management
~$304 Million of New Equity Capital to Support Deleveraging and Accelerate Company's Strategic Growth Initiatives CHARLOTTE, N.C., Jan. 22, 2025 /PRNewswire/ -- Form Technologies, Inc. ("Form Technologies" or the "Company"), a global leader in the production of precision-engineered components, t...
Manufacturing Robot Installed Base to Hit 16.3 Million by 2030 Amid Baby Boomer Exodus
As baby boomers retire and manufacturers continue to struggle with unfilled positions, digital technologies can alleviate the pressures LONDON, Jan. 15, 2025 /PRNewswire/ -- In January 2024, the U.S. Bureau of Labor Statistics reported that U.S. manufacturers had over six hundred thousand vacanc...
Trillium Flow Technologies Successfully Completes Refinancing
STAMFORD, Conn., Jan. 13, 2025 /PRNewswire/ -- Trillium Flow Technologies ("Trillium"), a portfolio company of First Reserve, and a global designer, manufacturer, and aftermarket services provider of highly engineered valves and pumps used in critical infrastructure sectors such as nuclear power,...
KONE to equip a five-star hotel and commercial complex in Sihanoukville, Cambodia
SINGAPORE, Jan. 13, 2025 /PRNewswire/ -- KONE Corporation
Normet International Ltd and Dextra Group Sign MoU to Advance Sustainable FRP Reinforcement Solutions
ESPOO, Finland, Jan. 9, 2025 /PRNewswire/ -- Normet International Ltd., a renowned technology company specialising in equipment, construction chemicals and rock reinforcement products for underground mining and tunnelling, and Dextra Group, a leading manufacturer of engineered steel and fibre-rein...
The 10th Shanghai International Machine Tool Exhibition: Redefining Global Manufacturing
SHANGHAI, Jan. 9, 2025 /PRNewswire/ -- The 10th Shanghai International Machine Tool Exhibition (CMES Shanghai) is poised to transform the global manufacturing landscape. Scheduled for March 3–6, 2025, at the National Exhibition and Convention Center inShanghai, this premier event will host over 1...
Toshiba Industrial Products Asia Co., Ltd. Wins Japan Management Association 2025 GOOD FACTORY Award
Toshiba's high-efficiency industrial motors factory in Vietnam recognized for excellent factory operations and well-balanced management BIEN HOA CITY, Vietnam, Jan. 9, 2025 /PRNewswire/ -- Toshiba Group's constant efforts to promote excellence in manufacturing have once again been recognized, wi...
Empowering Mining with Green Innovation: SANY Unveils Africa's Largest Solar-Storage-Diesel Microgrid
SHANGHAI, Jan. 8, 2025 /PRNewswire/ -- On December 29th, SANY Silicon Energy reached a significant milestone in the international "Solar + Storage + Diesel" microgrid power generation sector by launching the Zambia Ruida Mining Microgrid Power Project. This initiative is recognized asAfrica's lar...
Zoomlion Accelerates Global Expansion with Localized Innovations in Saudi Arabia
RIYADH, Saudi Arabia, Jan. 6, 2025 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion", 1157.HK) successfully hosted a key account networking and technology launch event onDecember 19 in Riyadh, Saudi Arabia, unveiling 24 localized innovative products and several in...
Leading the Way: LiuGong's Global Sustainability Milestones in 2024 and Beyond
LIUZHOU, China, Jan. 2, 2025 /PRNewswire/ -- From pioneering practices to
impactful collaborations,LiuGong
XCMG Ranks 379th on the 2024 World's 500 Most Influential Brands List, Leading Innovation in Industrial Equipment
XUZHOU, China, Dec. 27, 2024 /PRNewswire/ -- The World Brand Lab has officially released its, revealing this year's top global brands. XCMG Machinery ("XCMG", SHE: 000425), global leading construction equipment manufacturer, proudly announces to secure its 379th position on the 21st annual World'...
XCMG Launches Used Equipment Certification to Drive Sustainable Development in Construction Machinery
XUZHOU, China, Dec. 27, 2024 /PRNewswire/ -- XCMG Machinery ("XCMG", SHE: 000425) has officially launched theXCMG Certified Used Equipment brand, marking a significant milestone in the development of its circular business. This initiative reflects XCMG's commitment to addressing industry challeng...
Zoomlion Releases the World's Tallest Straight Boom Aerial Work Platform
CHANGSHA, China, Dec. 24, 2024 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion," 1157.HK) has released a series of groundbreaking aerial work platform (AWP) products, including the world's tallest straight boom aerial work platform, the ZT82J, with a height of 82...
XCMG Machinery Unveils Global Investor Return Plan for 2025-2027
XUZHOU, China, Dec. 20, 2024 /PRNewswire/ -- XCMG Machinery ("XCMG", SHE:000425) has officially launched itsGlobal Investor Return Plan for 2025-2027,a comprehensive initiative to enhance investment value and protect shareholder rights. The plan, marking the industry's first global investor retu...
Hiperbaric Strengthens Asian Presence: Expands Cold Isostatic Pressing Technology to Indian Market
Spanish High-Pressure Technology Leader Marks Strategic Entry into India's Metallurgical Sector BURGOS, Spain, Dec. 19, 2024 /PRNewswire/ -- Hiperbaric, the Spanish pioneer and global leader in high-pressure industrial equipment, announces its strategic expansion intoIndia's metallurgical secto...
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