Machine Tools, Metalworking and metallurgy

SKF Acquires Software Development Start-up

GOTHENBURG, Sweden, Nov. 11, 2019 /PRNewswire/ -- SKF has completed the acquisition of Form Automation Solutions (FAS), a US-based software development start-up company. FAS has developed GoPlant, a mobile-based asset inspection and data collection solution used in industrial applications. The t...

2019-11-11 21:41 1025

SKF Issues its First Green Bond

GÖTEBORG, Sweden, Nov. 8, 2019 /PRNewswire/ -- SKF has, as one of the first industrial companies, issued a green bond. The bond will raiseEUR 300 million to fund eligible green projects in accordance with SKF's recently launched Green Finance Framework. SKF's green bond has received much attenti...

2019-11-08 15:51 3438

New Energy Powertrains Generate Fresh Growth Opportunities for Forklift Battery Charger Manufacturers

SANTA CLARA, California, Nov. 7, 2019 /PRNewswire/ -- Global trends such as stricter emission norms, rapidly expandingeCommerce, automated warehouses, and technological advancements likeelectric and fuel cell forklifts are shaping the future of the forklift market.Electric forklifts are expected ...

2019-11-07 18:55 433

SKF Completes EUR 255m Buy-back of Bonds Maturing 2020 and 2022, Updates Financial Net

GOTHENBURG, Sweden, Nov. 7, 2019 /PRNewswire/ -- SKF has completed the buy-back ofEUR 51 million and EUR 204 million of outstanding bonds maturing in 2020 and 2022 respectively. Financial net for Q4 2019 is now expected to be approximately SEK -360 million , compared to the Group's previous guida...

2019-11-07 16:13 4144

Valtrix to Exhibit at RISC-V Summit From December 10-12

BANGALORE, India, Nov. 6, 2019 /PRNewswire/ -- Valtrix Systems , provider of design verification products for building functionally correct CPU and system-on-chip implementations, will have a visible presence at the upcomingRISC-V Summit

2019-11-06 10:30 474

Zoomlion Unveils High-end Localised Mortar Production and Construction Products at CIIE

SHANGHAI, Nov. 5, 2019 /PRNewswire/ -- Zoomlion's high-end equipment manufacturing subsidiaries m-tec, the world's leading dry mortar technology and equipment supplier from Germany, and CIFA, anItaly-based world-renowned manufacturer of concrete machinery, are debuting three localised products, t...

2019-11-05 17:56 758

BillerudKorsnäs and SKF Partner to Improve Performance of Karlsborg Mill

GOTHENBURG, Sweden, Nov. 4, 2019 /PRNewswire/ -- BillerudKorsnäs and SKF are partnering to reduce maintenance costs and improve production output and sustainability performance at Karlsborg Mill in Kalix,Sweden. Real-time data from a new system with 480 connected condition monitoring points at ...

2019-11-04 16:13 2506

SKF Nine-month Report 2019

GOTHENBURG, Sweden, Oct. 22, 2019 /PRNewswire/ -- Alrik Danielson, President and CEO: "SKF has managed the business well in a weakening economic environment and our efforts to reduce costs are contributing to a strong and stable operating margin in the quarter with an underlying margin of 11.3%....

2019-10-22 19:38 7273

GKN Powder Metallurgy Acquires FORECAST 3D, Expands Additive Manufacturing Capabilities to Include Plastics

LONDON, Oct. 22, 2019 /PRNewswire/ -- Highlights * GKN Powder Metallurgy, global producer of metal powder and parts, acquires leading plastic 3D printing company FORECAST 3D * Companies join to deliver industrial 3D printing capabilities to more industries across a larger global footprint ...

2019-10-22 14:00 607

Xinhua Silk Road: Shaangu Group to break new ground with gold medal won at 2019 World Manufacturing Convention

BEIJING, Oct. 18, 2019 /PRNewswire/ -- At the recent 2019 World Manufacturing Convention, Shaanxi Blower (Group) Co., Ltd. (Shaangu Group) won gold prize of innovative products in green energy saving for its blast furnace power recovery turbine (BPRT), which again proves the company's technical...

2019-10-18 09:03 477

ESAB Launches Digital Multi-process Inverters Designed for Asian Market

SHANGHAI, Oct. 11, 2019 /PRNewswire/ -- ESAB, the world-leading manufacturer and supplier of welding and cutting equipment, system and material, recently launched a new series of digital multi-process inverter specially designed for Asian market. The new product demonstrates ESAB's long-term comm...

2019-10-11 13:02 1332

EOS GmbH Appoints Marie Langer as the New CEO

KRAILLING, Germany, Oct. 11, 2019 /PRNewswire/ -- EOS, the world's leading technology supplier in the field of industrial 3D printing of metals and polymers, is restructuring its company management with immediate effect. In doing so, the owner family underscores its long-term commitment, while at...

2019-10-11 07:15 565

Marie Langer appointed new CEO of EOS GmbH

KRAILLING, Germany, Oct. 9, 2019 /PRNewswire/ -- EOS, the world's leading technology supplier in the field of industrial 3D printing of metals and polymers, is restructuring its company management with immediate effect. In doing so, the owner family underscores its long-term commitment, while at ...

2019-10-10 04:15 628

SKF to Publish Nine-months Results on 22 October

GOTHENBURG, Sweden, Oct. 9, 2019 /PRNewswire/ -- SKF will publish its nine-months results for 2019 on22 October 2019 at approximately 13:00 (CET). Investors, analysts and media are invited to join a conference call, which will be held in English, at 14:00 (CET). To join the conference call, ple...

2019-10-09 18:38 6029

SKF Acquires Industrial AI Company

GOTHENBURG, Sweden, Oct. 8, 2019 /PRNewswire/ -- SKF has signed an agreement to acquire Presenso Ltd., a company that develops and deploys artificial intelligence (AI)-based predictive maintenance software. Presenso's AI capability enables production plants to find and act on anomalies that were ...

2019-10-08 01:42 11709

Nancy Gougarty Resigns From the Board of AB SKF

GOTHENBURG, Sweden, Oct. 8, 2019 /PRNewswire/ -- Nancy Gougarty has decided to leave the Board of AB SKF for personal reasons as a result of having been the subject of the U.S. Securities and Exchange Commission proceedings concerning violations of the U.S. Foreign Corrupt Practices Act, unrelate...

2019-10-08 00:56 6041

Frost & Sullivan Examines the Future of Work: Human Replacement or Collaboration

SANTA CLARA, Calif., Oct. 2, 2019 /PRNewswire/ -- Key industries and organizations are currently being influenced by a transitioning workforce. Many are questioning their future and the role of humans in this increasingly robotic workforce, especially with the looming threat of obsolescence many ...

2019-10-02 20:03 386

Announcement of Change in the Total Number of Votes in AB SKF

GOTHENBURG, Sweden, Sept. 30, 2019 /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 30 September the Company's share capital amounts to SEK 1,138,377,670 and the total number of...

2019-09-30 19:19 7438

Goldmont revolutionizes underground mining bucket design using Hardox wear plate

PERTH, Australia, Sept. 30, 2019 /PRNewswire/ -- Goldmont Engineering , a manufacturer and supplier of parts and services to the mining, transport and construction industries, has produced an innovative loader bucket using specialty steels from global steel producer ...

2019-09-30 10:00 363

Yingkou magnesium industry: science and technology to promote magnesium industry to the world

YINGKOU, China, Sept. 26, 2019 /PRNewswire/ -- In the first half of this year, Jiachen Group, a famous magnesium enterprise in Yingkou City, successfully developed and put into production ultra-pure magnesium, with a purity of more than 98% and a density of 3.42g/cm3. The process of "Jiachen ultr...

2019-09-26 17:27 736
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