Machine Tools, Metalworking and metallurgy

SKF Announces Changes to Group Management

GOTHENBURG, Sweden, March 27, 2020 /PRNewswire/ -- Carina Bergfelt, General Counsel and Senior Vice President, Group People, Communication and Legal, will step down from Group Management from31 August 2020. Carina joined SKF in 1990 and has been a member of Group Management since 1996. As a resu...

2020-03-27 19:37 3850

Annual General Meeting of AB SKF

GOTHENBURG, Sweden, March 26, 2020 /PRNewswire/ -- The Annual General Meeting of Aktiebolaget SKF, parent company of the SKF Group, was held inGothenburg on Thursday,26 March 2020. The income statements and the balance sheets were adopted, together with the Board's proposal for distribution of d...

2020-03-26 21:48 4203

COVID-19 Pandemic Impact: Manufacturing Slowdowns and Increased Demand will Balance to See 16 Million Total AR and VR HMD Shipments in 2021

ABI Research whitepaper identifies the short-and long-term impacts the global pandemic will have on Augmented and Virtual Reality OYSTER BAY, New York, March 26, 2020 /PRNewswire/ -- The Coronavirus outbreak will cause manufacturing delays at the source and reduce the overall demand for Augmente...

2020-03-26 20:30 1135

Inspiring the every day use of aerogel through innovation

SINGAPORE, March 25, 2020 /PRNewswire/ -- JIOS Aerogel relocates to Singapore. The world's leading high tech aerogel manufacturer has established itself inSingapore with a laboratory and office facilities. Supported by the Economic Development Board ("EDB") of the Singapore Government the busines...

2020-03-25 11:36 805

AB SKF's Board of Directors Proposes Changed Dividend

GÖTEBORG, Sweden, March 24, 2020 /PRNewswire/ -- As a precautionary measure in this uncertain economic environment, the Board of Directors of AB SKF has decided to propose to the Annual General Meeting that the dividend be changed fromSEK 6.25 per share to SEK 3.00 per share. The Board's curren...

2020-03-24 02:28 3104

SKF Annual General Meeting - Precautionary Measures Because of Covid-19

GOTHENBURG, Sweden, March 17, 2020 /PRNewswire/ -- As a result of the current spread of the Covid-19 virus, SKF is making the following changes to its Annual General Meeting on 26 March: * The Annual General Meeting will start as planned at 13:00. The doors will be open from 12:15 and not 11:0...

2020-03-17 02:47 3553

APAC: Demand for Machine Tools on the Upswing as Manufacturers Invest in New Production Facilities

SINGAPORE, March 13, 2020 /PRNewswire/ -- The growing purchasing power of middle-class consumers inAsia has led to an increase in spending on consumer goods. In a rush to meet the escalating demand, manufacturers catering to the APAC region are investing in new production plants and machines, cre...

2020-03-13 15:16 1432

SKF Annual Report 2019 Published

GOTEBORG, Sweden, March 4, 2020 /PRNewswire/ -- AB SKF's Annual Report 2019 has today been published on the Group's website. The report focuses on SKF's operations and value creation for customers, employees, shareholders, the environment and surrounding communities. Sustainability is embedded i...

2020-03-04 20:29 4923

CEO Richard Twomey Leaves Molnlycke

GOTHENBURG, Sweden, March 3, 2020 /PRNewswire/ -- Richard Twomey, President and CEO of Molnlycke, will after six years leave the organisation. "Richard has with his deep knowledge and experience within the medical technology industry developed Molnlycke into an even stronger company in its field...

2020-03-03 15:30 653

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

GOTHENBURG, Sweden, Feb. 28, 2020 /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 28 February, the Company's share capital amounts to SEK 1,138,377,670 and the total number of ...

2020-02-28 16:03 9665

21 Industrial Parks of SANY Resume Production While Accelerating Transformation towards Digital and Intelligent Development

BEIJING, Feb. 27, 2020 /PRNewswire/ -- On February 5, 2020, a short but solemn ceremony was held in SANY's No. 18 Intelligent Workshop inChangsha to celebrate the work resumption after the Chinese New Year. As ofFebruary 21, SANY had resumed efficient and orderly operation in its 21 industrial pa...

2020-02-27 22:10 428

SKF Increases Shift Towards Carbon Neutral Manufacturing

GOTHENBURG, Sweden, Feb. 20, 2020 /PRNewswire/ -- SKF's automotive bearing factory in Tudela,Spain, has become the Group's second manufacturing site to achieve carbon neutral status. Together with the Steyr factory inAustria, which manufactures a range of bearings for industrial uses, the two fac...

2020-02-20 16:20 5177

How Toshiba Uses Structural Health Monitoring to Combat Aging Population and Aging Infrastructure

SINGAPORE, Feb. 19, 2020 /PRNewswire/ -- As maintenance and management of existing facilities and structures are gaining increasing importance, a cause of concern is the shortage of labor needed for this maintenance work. Learn how Toshiba's newly developed system for structural health monitoring...

2020-02-19 10:00 10471

SKF: Notice of Annual General Meeting

GOTEBORG, Sweden, Feb. 17, 2020 /PRNewswire/ -- Gothenburg, 17 February 2020: Notice is hereby given that the Annual General Meeting of Aktiebolaget SKF, reg. no. 556007-3495, will be held at SKF Kristinedal, Byfogdegatan 4,Gothenburg, Sweden, at 13.00 on Thursday, 26 March 2020. The doors are o...

2020-02-17 16:00 3968

ESAB's Dual Shield Prime Low-Hydrogen FCAW Wires Feature Laser-Welded Seams to Combat Moisture Absorption

SHANGHAI, Feb. 13, 2020 /PRNewswire/ -- ESAB Welding & Cutting Products has launched Dual Shield® Prime, a family of seamless, low-hydrogen (H4) non-copper-coated flux cored wires that combat moisture absorption in humid environments, delivering impact toughness down to -60degrees C. Tests perfor...

2020-02-13 22:50 749

CapsCanada's Empty Capsules and Supply Chain Unaffected by the Coronavirus Outbreak

DANIA BEACH, Florida, Feb. 6, 2020 /PRNewswire/ -- CapsCanada®, a leading provider of empty capsules for use in the manufacture of pharmaceutical drugs and dietary supplements, seeks to reassure its customers that its products and supply chain are not affected by the Coronavirus outbreak. Althou...

2020-02-06 22:00 649

Chemetall presents innovative portfolio for the aerospace industry at Singapore Airshow 2020

SHANGHAI, Feb. 6, 2020 /PRNewswire/ -- The Surface Treatment global business unit of BASF's Coatings division, operating under the Chemetall brand, will exhibit at the Singapore Airshow,Booth S101, Changi Exhibition Center, on February 11-16, 2020. At the show, Chemetall will showcase a fully int...

2020-02-06 00:00 554

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...

2020-02-04 20:59 10618

METALTECH and AUTOMEX 2020 to Feature Record Number of International Pavilions

KUALA LUMPUR, Malaysia, Feb. 4, 2020 /PRNewswire/ -- Malaysia's largest Machine Tools, Metalworking and Automation Technology exhibition, METALTECH and AUTOMEX, are all set for their annual run at the Malaysia International Trade and Exhibition Centre (MITEC) from10-13 June 2020. With five...

2020-02-04 11:23 925

SKF Consolidates Product Development, Proposes To Cease Activities in Scotland

GOTHENBURG, Sweden, Jan. 24, 2020 /PRNewswire/ -- In order to speed up the development of cloud-based condition monitoring technologies, SKF is consolidating its development footprint inEurope. Consequently, and subject to consultation with local employee representatives, SKF proposes to cease it...

2020-01-24 16:17 9996
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