Machine Tools, Metalworking and metallurgy

SKF Year-end report 2023: Strategy execution yielding strong performance

GÖTEBORG, Sweden, Jan. 31, 2024 /PRNewswire/ -- Q4 2023 Net sales: SEK 24,438 million (25,361) Organic growth: -1.9% (9.7%) Adjusted operating profit/margin:SEK 2,929 million, 12.0% (2,542, 10.0%) Full year 2023 Net sales: SEK 103,881 million (96,933) Organic growth: 3.7% (8.1%) Adjusted opera...

2024-01-31 15:22 2156

Zoomlion's 2023 Performance Soars Due to Rapid Global Expansion with Net Profit Increasing Over 40% Year-on-Year

CHANGSHA, China, Jan. 29, 2024 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion", 1157.HK), a leading Chinese construction machinery and equipment manufacturer, recently released a performance forecast, predicting net profit attributable to shareholders of listed ...

2024-01-29 17:23 4242

Nomination Committee's proposal for Board of Directors of AB SKF

GOTHENBURG, Sweden, Jan. 23, 2024 /PRNewswire/ -- SKF's Nomination Committee proposes re-election of the board members Hans Stråberg, Hock Goh,Geert Follens , Håkan Buskhe,Susanna Schneeberger, Rickard Gustafson, Beth Ferreira, Therese Friberg, Richard Nilsson and Niko Pakalén. Hans Stråberg is p...

2024-01-23 16:03 1974

Keysight Technologies Triumphs as Innovative Tech Company of the Year

KUALA LUMPUR, Malaysia, Jan. 23, 2024 /PRNewswire/ -- Keysight Technologies, a cutting-edge force in the technology landscape, is thrilled to announce its distinguished recognition as the recipient of the Innovative Tech Company of the Year award. This coveted accolade, bestowed upon Keysight by ...

2024-01-23 08:00 3138

SKF Awarded EcoVadis Platinum Rating for fourth year running

GOTHENBURG, Sweden, Jan. 22, 2024 /PRNewswire/ -- SKF has been awarded a Platinum Medal by EcoVadis, one of the most trusted providers of sustainability ratings for use in supply chains. This prestigious recognition places SKF in the top 1% among the more than 100,000 companies assessed worldwide...

2024-01-22 16:17 2060

xTool's First-Ever Brand Safety Campaign Kicks Off with a Notable Trade-In Program

IRWINDALE, Calif., Jan. 22, 2024 /PRNewswire/ -- xTool , an industry-leading laser cutter and engraver brand, is excited to announce the launch of its first-ever safety-themed brand campaign

2024-01-22 10:00 2497

Hypertherm Associates Board of Directors selects Aaron Brandt as successor to CEO Evan Smith

HANOVER, N.H., Jan. 17, 2024 /PRNewswire/ -- Hypertherm Associates, a U.S. based manufacturer of industrial cutting systems and software, announced that Aaron Brandt, EVP of Technology, will succeed Evan Smith, CEO, upon Smith's planned retirement at the end of 2024.

2024-01-17 23:00 2623

Getting 2024 off to a Flying Start: Zoomlion Delivers Nearly 200 Units of Earthmoving Machinery Equipment to Australia and Europe

CHANGSHA, China, Jan. 17, 2024 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion", 1157.HK) sent off nearly 200 units of earthmoving machinery equipment toAustralia and Europe on January 8 from its Earthmoving Machinery Park in the Zoomlion Smart City, signaling a ...

2024-01-17 17:20 3517

SKF to publish full-year results on 31 January

GOTHENBURG, Sweden, Jan. 17, 2024 /PRNewswire/ -- SKF will publish its full-year results for 2023 on31 January 2024 at approximately 07:00 (CET). Investors, analysts and media are invited to join a webcast, which will be held in English, at 08:00 (CET).   To join the webcast, please login at lea...

2024-01-17 16:08 2205

Haitian International Strengthens its Leadership Position in Vietnam with New Experience Center in Haiphong

HAI PHONG, Vietnam, Jan. 5, 2024 /PRNewswire/ -- Haitian International ("Haitian" or "the Company") has celebrated the inauguration of its new state-of-the-art experience center in northernVietnam. This marks a significant milestone in its global expansion strategy. Haitian is committed to optimi...

2024-01-05 18:33 8156

Announcement of change in the total number of votes in AB SKF

GOTHENBURG, Sweden, Dec. 29, 2023 /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 29 December 2023, the Company's share capital amounts to SEK 1,138,377,670 and the total numbe...

2023-12-29 15:29 2334

Zoomlion Accelerates Growth and Innovation in the Middle East with Strategic Development and Collaborative Innovation

CHANGSHA, China, Dec. 28, 2023 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion", 1157.HK), a leading Chinese construction machinery and equipment manufacturer, is further underscoring its commitment to the Middle Eastern market. The company's Chairman and CEO, Zh...

2023-12-28 17:29 5509

Ponsse manufactures its 20,000th forest machine

VIEREMÄ, Finland, Dec. 11, 2023 /PRNewswire/ -- The 20,000th PONSSE forest machine has been completed at Ponsse's factory in Vieremä,Finland. After the celebration on 11 December, the PONSSE Bear harvester with PONSSE H8 harvester head will go to a Norwegian customer, Lågen Skogsdrift AS. "It's ...

2023-12-11 18:52 2047

SKF increases localization rate in the Americas and Asia; closes factory in Busan, Korea

GOTHENBURG, Sweden, Dec. 1, 2023 /PRNewswire/ -- SKF today announces a transfer of the supply of products from the factory inBusan, Korea, to China, India and Mexico. This is another step in the continuous execution of the Group's strategy, where regionalization is an important part. Consequently...

2023-12-01 15:16 2348

XCMG Future Creator: XCMG Apprentice Season 8 Brings Focus to Intelligent Manufacturing and Green Equipment

XUZHOU, China, Nov. 30, 2023 /PRNewswire/ -- Themed "XCMG Future Creator," the eighth season of XCMG Machinery's (SHE:000425) international talent development program XCMG Apprentice has successfully wrapped up a one-week workshop at XCMG's headquarters in Xuzhou. Six machinery equipment operator...

2023-11-30 18:12 4021

Announcement of change in the total number of votes in AB SKF

GOTHENBURG, Sweden, Nov. 30, 2023 /PRNewswire/ -- Due to conversions 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 November 2023, the Company's share capital amounts to SEK 1,138,377,670 and the total number...

2023-11-30 16:35 4226

South Korean Oil-less Bearing Specialist SGO to Exhibit New Products at PLASTIVISION 2023 and EXCON 2023

SEOUL, South Korea, Nov. 29, 2023 /PRNewswire/ -- SGO, a Korean oil-less bearing manufacturer, is participating in the plastics trade fair PLASTIVISION 2023, which will be held at the Bombay Exhibition Center inMumbai, India from December 7 to 11, 2023, and at the Bangalore International Exhibiti...

2023-11-29 11:30 1745

Redefining Construction Engineering: XCMG's Journey Continues

XUZHOU, China, Nov. 21, 2023 /PRNewswire/ -- From the inaugural XCMG Apprentice event in 2016 to the recent Season 8, we've united fans, customers, and partners from across the globe to experience Chinese manufacturing and culture. Today, the XCMG Apprentice stands tall as a cornerstone of our in...

2023-11-21 18:50 2629

Tan Delta Systems launches SENSE-2, a new real-time oil monitoring system to significantly reduce operating costs for the manufacturing, machinery and lubrication sector

LONDON, Nov. 16, 2023 /PRNewswire/ -- Tan Delta Systems, a manufacturer of real-time oil quality monitoring sensors and systems is leading the way within the manufacturing and ...

2023-11-16 22:49 2471

SKF strengthens magnetic bearings offer by acquiring fibre composite company

GOTHENBURG, Sweden, Nov. 8, 2023 /PRNewswire/ -- SKF has signed an agreement to acquire 2C Composites, a German high-performance fibre composite supplier. Through the acquisition, SKF will secure the supply of a leading and unique technology of composite layers which will strengthen the Group's m...

2023-11-08 15:42 3750
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