Machinery

SKF Year-end report 2022: Strong organic sales and cash flow development

GOTHENBURG, Sweden, Feb. 2, 2023 /PRNewswire/ --  Q4 2022 Net sales: SEK 25,361 million (20,986) Organic growth: 9.7% (3.8%) Adjusted operating profit/margin:SEK 2,542 million, 10.0% (2,260, 10.8%) Full year 2022 Net sales: SEK 96,933 million (81,732) Organic growth: 8.1% (12.6%) Adjusted oper...

2023-02-02 16:58 4773

SKF increases regionalization in North America

Greenfield factory investment totaling SEK 700 million will support strategic development in the Americas and meet customer needs as focus on electrification increases GOTHENBURG, Sweden, Feb. 2, 2023 /PRNewswire/ -- SKF is further strengthening its value chain inNorth America. Investments total...

2023-02-02 16:08 3418

Plug Power and Johnson Matthey announce long-term strategic partnership to accelerate the hydrogen economy

Partnership to strengthen Plug's supply chain and help meet growing demand for fuel cells and electrolyzers LONDON, Jan. 31, 2023 /PRNewswire/ -- Plug Power , (NASDAQ: PLUG) (Plug), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy...

2023-01-31 16:38 4436

A Fusion of Sci-Fi and Heavy Industry Innovation, Flagship XCMG Machinery Equipment Features in Sci-Fi Blockbuster "The Wandering Earth II"

XUZHOU, China, Jan. 28, 2023 /PRNewswire/ -- A fusion of sci-fi adventure and heavy industry innovation, a flagship fleet of customized XCMG Machinery ("XCMG", SHE:000425) equipment is featured in theChina-made sci-fi blockbuster "The Wandering Earth II" directed byFrant Gwo, which opened in movi...

2023-01-28 19:06 6674

Nanoprecise Applauded by Frost & Sullivan for Preventing Sudden Industrial Equipment Downtime and Related Losses with Its Predictive Maintenance Solution

The unique and scalable hardware and AI-powered software platform prevents downtime, increases productivity, and reduces emissions, decreasing costs and reducing time spent on physical maintenance. SAN ANTONIO, Jan. 23, 2023 /PRNewswire/ -- Recently, Frost & Sullivan  researched the artificial in...

2023-01-23 22:00 3599

SKF to publish full-year results on 2 February

GOTHENBURG, Sweden, Jan. 23, 2023 /PRNewswire/ -- SKF will publish its full-year results for 2022 on2 February 2023 at approximately 08:00 (CET). Investors, analysts and media are invited to join a webcast, which will be held in English, at 09:00 (CET).   To join the webcast, please login at lea...

2023-01-23 15:32 3318

The 3rd China Brush Making Industry Exhibition scheduled to open in September

SHENZHEN, China and SHANGHAI and BEIJING, Jan. 18, 2023 /PRNewswire/ -- China International Brush Making Industry Exhibition (CIBRUSH) is organized by China Sundry Articles Industry Association and Beijing HJT International Exhibition Co., Ltd.,and undertaken by HJT Exhibition (Shenzhen) Co., Ltd...

2023-01-18 15:14 3909

Innovation, High Cost-Performance Ratio and Premium Service - the keys to SANY's Global Success

BEIJING, Jan. 12, 2023 /PRNewswire/ -- Xu Ming, Senior Vice President of SANY Group, ("SANY"), a globally leading enterprise of the high-end equipment manufacturing industry, recently made a keynote speech to industry leaders in Munich, Germany, reiterating three keys to the company's success: ...

2023-01-12 22:57 8071

Ma'aden announces strategic partnership with Ivanhoe Electric Inc. (IE) to acquire a 9.9% interest in IE and form a joint venture to explore strategic minerals in Saudi Arabia

RIYADH, Saudi Arabia, Jan. 11, 2023 /PRNewswire/ -- Saudi Arabian Mining Company (Ma'aden) announces that it has entered into an agreement with Ivanhoe Electric (IE) that will see Ma'aden subscribing to new shares in IE resulting in a 9.9% equity interest forUSD126 million. As part of the agreeme...

2023-01-11 21:00 4457

Jardine Schindler Group Showcasing Robotic Innovation

HONG KONG, Jan. 10, 2023 /PRNewswire/ -- The Jardine Schindler Group brought the latest in vertical mobility solutions to the Council on Tall Buildings and Urban Habitat Hong Kong Chapter, 9th of December 2022. Behind the scene o...

2023-01-10 18:19 6009

Zoomlion Launches 32 New Energy Equipment Products and 14 Green Key Components in Sustainable Development Push

CHANGSHA, China, Jan. 4, 2023 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. (Zoomlion) released 14 green and sustainable key components and 32 new energy equipment products onDecember 15. As a leader in the construction manufacturing industry's push towards sustainable de...

2023-01-04 20:24 5213

XCMG Machinery Reports Strong Operations and Industry Dominance for 2022

XCMG Machinery Advances Operation Target, Industry Development and Management Synergy in Full Swing in 2022 XUZHOU, China, Jan. 3, 2023 /PRNewswire/ -- XCMG machinery (SHE:000425) has reported strong operation and industry development achievements in 2022, going against market trends to achieve ...

2023-01-03 19:03 3670

Sinoboom: Hidden Champion, awarded by the 5th "Made in China Invisible Champion"

CHANGSHA, China, Dec. 30, 2022 /PRNewswire/ -- Sinoboom was recently featured in the 5th  "Made in China Invisible Champion" listing, organized by the media organization 'Chinese and Foreign Management Media', in recognition of its status as a leading manufacturer of MEWPs of excellent quality. A...

2022-12-30 22:32 5041

XCMG Machinery Sends off Second Unit of XGT15000-600S, World's Largest Tower Crane, to Serve Mega-Scale Bridge Construction Project

XUZHOU, China, Dec. 30, 2022 /PRNewswire/ -- XCMG Machinery (SHE:000425; "XCMG") sent off the second unit of XGT15000-600S, the world's largest tower crane jointly developed by XCMG and China Railway Major Bridge Engineering Co., Ltd. (MBEC), onDecember 8 from its smart manufacturing base in Xuzh...

2022-12-30 22:08 10053

Corporate Excellence Award Presented to Crown Machinery Company at Asia Pacific Enterprise Awards 2022 Taiwan

SINGAPORE, Dec. 28, 2022 /PRNewswire/ -- The Asia Pacific Enterprise Awards (APEA) 2022 Taiwan is pleased to honor 34 outstanding business leaders and enterprises for their commendable dedication toward spearheadingTaiwan's economic recovery and development. Presented by leading regional NGO Ente...

2022-12-28 15:32 3227

Strenx® structural steel - more crane performance with less dead weight

STOCKHOLM, Dec. 26, 2022 /PRNewswire/ -- The Fassi F 1450 HXP Techno is the first loading crane to be acquired by Zimmerei Lindner and Meyer, a medium-sized construction company based in Dinkelsbühl. It serves customers in southernGermany. The Fassi F 1450 loader crane is the first model in a ran...

2022-12-26 08:00 5266

TK Elevator's MAX Clinches "Innovative Smart Building Solution" Accolade at Build4Asia Awards 2022

* TK Elevator's MAX digital solution was honored at the recent Build4Asia Awards 2022 with the "Innovative Smart Building Solution" title * As part of the company's comprehensive suite of innovative mobility solutions, TK Elevator's MAX connects elevators with sensors, devices and equipment o...

2022-12-21 13:00 4393

ZPMC's German Subsidiary Unveils Overseas CSR Report

SHANGHAI, Dec. 9, 2022 /PRNewswire/ -- Shanghai Zhenhua Heavy Industries Co., Ltd. (ZPMC) recently released its first Corporate Social Responsibility (CSR) Report through its German subsidiary. By defining the mission of their social responsibility as "making the world a better place", the German...

2022-12-09 10:50 2715

SKF and Castrol partner to offer access to circular use of industrial lubricants

The partnership involves offering 'Oil as a service' through the integration of the SKF RecondOil offer with Castrol's metalworking lubricants, enabling circular use of the lubricant fluid, reducing consumption while improving machine performance. GOTHENBURG, Sweden, Dec. 7, 2022 /PRNewswire/ --...

2022-12-07 22:18 4200

CNH Industrial Thailand Recognized as a Great Place to Work

BANGKOK, Dec. 6, 2022 /PRNewswire/ -- CNH Industrial Thailand is proud to announce its certification as a Great Place to Work by the global authority in workplace culture. It marks the first time the company has earned the certification in the country.

2022-12-06 17:03 4258
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