Machinery
OTTO Motors Announces Expansion To Japan
Partnership with Altech Co. Ltd. serves growing market and demand in Japan TOKYO, Feb. 12, 2020 /PRNewswire/ -- OTTO Motors, the industrial division of Clearpath Robotics Inc., today announced its entrance into the Japanese market. The move marksOntario-based OTTO's first expansion outside North...
Nano Dimension Reports Growth in Revenues Year-Over-Year of 39% Based on Preliminary Results
NESS ZIONA, Israel, Feb. 5, 2020 /PRNewswire/ -- Nano Dimension Ltd., a the leading additive manufactured electronics (AME) provider (NASDAQ, TASE: NNDM), today released selected preliminary unaudited estimates of financial results for the fourth quarter and full year of 2019 and reported quarter...
SKF Year-end Report 2019
GOTHENBURG, Sweden, Feb. 4, 2020 /PRNewswire/ -- Alrik Danielson, President and CEO: "2019 has been a solid year for SKF. We saw stable demand during the first half of the year. During the last six months, we maintained a strong operating result, despite falling demand. A consistent focus on co...
Håkan Buskhe and Susanna Schneeberger Proposed as New Board Members of AB SKF
GOTHENBURG, Sweden, Jan. 31, 2020 /PRNewswire/ -- SKF's Nomination Committee proposes Håkan Buskhe andSusanna Schneeberger as new Board members of AB SKF. Håkan Buskhe will assume the role as CEO of FAM AB. His previous senior positions include CEO of E.ON Nordic AB and, most recently, CEO of Sa...
Honeywell Donates US $1 Million in Equipment to Support Fight Against Coronavirus in Wuhan
SHANGHAI, Jan. 31, 2020 /PRNewswire/ -- Honeywell today announced that it will donate US$1 million worth of equipment to support hospitals in Wuhan in their fight against the coronavirus outbreak. The donation includes technologies such as air and water purification systems; ICU air management so...
TUV Rheinland's Photovoltaic Testing Laboratory recognized by Bureau of Indian Standards
BANGALORE, India, Jan. 30, 2020 /PRNewswire/ -- TUV Rheinland, a global leader in independent technical services, announced that its photovoltaic testing lab located inBangalore, India, has been recognized by the major certification body Bureau of Indian Standards (BIS) under the Compulsory Regis...
Consolidated Aerospace Manufacturing to be Acquired by Stanley Black & Decker
BREA, California, Jan. 30, 2020 /PRNewswire/ -- Consolidated Aerospace Manufacturing, LLC ("CAM") announced today that it entered into an agreement to be acquired by Stanley Black & Decker, Inc. (SWK). This transaction is subject to regulatory approvals and other customary closing conditions. CAM...
Mycronic Implements New Group Structure
STOCKHOLM, Jan. 22, 2020 /PRNewswire/ -- Mycronic AB (publ) has grown substantially during the last years, both organically and through acquisitions. In order to prepare for continued profitable growth, a new group structure is implemented in order to achieve the strategic priorities of improving...
Hardinge Introduces VOUMARD® 1000 Machine As The New Standard For ID Grinding In Manufacturing
BERWYN, Pa., Jan. 20, 2020 /PRNewswire/ -- Hardinge Inc., the leading international provider of advanced metal-cutting manufacturing tool solutions and accessories, today announced the introduction of theVOUMARD® 1000 Universal CNC Internal grinding (IG) machine. The new VOUMARD 1000 offers a hi...
Zoomlion Exports China's Largest Tonnage Flat-Top Tower Crane to New Terminal of Kuwait International Airport
KUWAIT CITY, Jan. 20, 2020 /PRNewswire/ -- Zoomlion Heavy Industry Science and Technology Co, (01157.HK), a leading Chinese maker of engineering and agricultural equipment, has delivered eight flat-top tower cranes T2850-120V to work on the construction of new terminal ofKuwait International Airp...
SKF's Year-end Results to be Published on 4 February 2020
GOTHENBURG, Sweden, Jan. 17, 2020 /PRNewswire/ -- The SKF Group will publish its year-end results on4 February 2020 at approximately 13:00 (CET). Investors, analysts and media are invited to take part in a conference call, which will be held in English, at 14:00 (CET). To join the conference ca...
Weichai Power Signs Strategic Restructure Agreements with Germany's ARADEX and Austria's VDS to Accelerate Industrialization of New Business Landscape
HONG KONG, Jan. 15, 2020 /PRNewswire/ -- Weichai Power Co., Ltd. ("Weichai Power" or "the Company", HKEX: 2338, SZSE: 000338) signed strategic cooperation agreements withGermany's ARADEX AG ("ARADEX") and Austria's VDS Holding GmbH ("VDS") inJinan, Shandong Province. Mr. Ling Wen, Vice Governor o...
KPS Capital Partners to Acquire IKG from Harsco Corporation
NEW YORK, Jan. 10, 2020 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that it has signed a definitive agreement to purchase the IKG business ("IKG" or the "Company") from Harsco Corporation ("Harsco", NYSE: HSC) for total consideration of$85 million, subject to customary closin...
Rising Demand for IoT-enabled Pumps to Drive North American PD Pumps Market amid Economic Slowdown
Integration of machine learning, artificial intelligence in pumps to help improve efficiency and reduce maintenance costs, finds Frost & Sullivan SANTA CLARA, California, Jan. 8, 2020 /PRNewswire/ -- Driven by continued investments in the US oil and gas industry, along with increased activity in ...
FSA2020 - Exhibition Will Increase the Scale to Fulfill the Developing Market
SHANGHAI, Jan. 6, 2020 /PRNewswire/ -- Filtration & Separation Asia (FSA) combined with China International Filtration & Separation Exhibition, hosted by China Filtration & Separation Society (CFS), CNTA and Informa Markets, is an important and influential filtration & separation topic event inAs...
Zoomlion's Tower Crane Sales Top 10 Billion Yuan in 2019
CHANGDE, China, Jan. 3, 2020 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion") (1157.HK) is celebrating a new milestone as its tower crane sales crossed the10 billion yuan (USD 1.43 billion) mark in 2019, making it the first global company in the market to reach ...
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