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...
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 ...
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...
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 ...
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...
xTool's First-Ever Brand Safety Campaign Kicks Off with a Notable Trade-In Program
IRWINDALE, Calif., Jan. 22, 2024 /PRNewswire/ -- xTool
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.
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 ...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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
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...
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