Machinery
XCMG Reports CNY 53.2 Billion Revenue in H1 2021, Setting New Highs in Revenue, Net Profit and Cash Flow
XUZHOU, China, Sept. 7, 2021 /PRNewswire/ -- XCMG (000425.SZ), ranked third largest manufacturer of construction machinery globally by KHL, released their semiannual report for H1 2021 onAugust 31, reporting revenue of 53.234 billion yuan (USD 8.247 billion) marking 51.8% growth year-on-year. XCM...
SSAB is transforming Indonesia's energy sector with sustainable steel innovations
JAKARTA, Indonesia, Sept. 1, 2021 /PRNewswire/ -- Leading global steel manufacturer and supplier, SSAB, is doubling down on its campaign to promote sustainability practices by continuously improving its current line of steel products, while pushing forward with the development of the world's firs...
SKF acquires lubrication filtration business
GÖTEBORG, Sweden, Sept. 1, 2021 /PRNewswire/ -- SKF has completed the acquisition of EFOLEX AB, aGothenburg-based manufacturer of the Europafilter-branded industrial lubrication and oil filtration systems. EFOLEX offers offline filtration systems used in process manufacturing and energy industri...
SKF strengthens analytics capability through acquisition
GOTHENBURG, Sweden, Aug. 31, 2021 /PRNewswire/ -- SKF has completed the acquisition of Rubico Consulting AB, an industrial consultancy firm with 10 employees based in Luleå,Sweden. Rubico Consulting AB specialises in visualisation and analysis of signal data. This expertise will be integrated ...
Hexagon Teams up with CMTI to Support India's Push for Smart Manufacturing
BENGALURU, India, Aug. 31, 2021 /PRNewswire/ -- Hexagon
2021 Henan Floods: XCMG Provides Vital Post-Flood Roadbed Survey-profiler Equipment, Aiding Reconstruction Efforts
GONGYI, China, Aug. 26, 2021 /PRNewswire/ -- Leading construction machinery manufacturer XCMG (000425.SZ) has promptly dispatched an XJC405 road detection vehicle and two technicians toHenan Province to aid local post-disaster reconstruction after the flood receded, participating in one of the mo...
Locus Robotics Reaches Half-a-Billion Units Picked Milestone
WILMINGTON, Mass., Aug. 24, 2021 /PRNewswire/ -- Locus Robotics ( www.locusrobotics.com), the market leader in autonomous mobile robots (AMR) for fulfillment warehouses, today announced they have surpassed the half-a-billion-units-picked milestone. This new achievement was attained just 94 days a...
Ponsse's innovative solutions for working on slopes
HELSINKI, Aug. 24, 2021 /PRNewswire/ -- Ponsse's cut-to-length forest machines have proved to be excellent harvesting solutions, also on steep slopes. Environmentally friendly and safe harvesting solutions for slopes are in high demand, especially when harvesting takes place in areas with varying...
Techking Indonesia Rep Office Gets Its Largest Order, Marking A Success in Localization Strategy
JAKARTA, Indonesia, Aug. 24, 2021 /PRNewswire/ -- Equipped with Techking custom-made new type tires, 200 HINO heavy-duty trucks recently came into service for one client inIndonesia. This is the largest order to the Techking Indonesia rep office since its establishment, demonstrating that the lo...
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