Machine Tools, Metalworking and metallurgy
XCMG Machinery Going Glocal: the 2,000th Excavator That Made in India Rolls Off Assembly Line
CHENNAI, India, Nov. 3, 2023 /PRNewswire/ -- XCMG Machinery ("XCMG", SHE:000425) has celebrated the 2,000th excavator which is locally produced in its factory inIndia on October 20, marking a significant milestone as XCMG ventures further in global business development that takes root in local...
NEW FV GEOMETRY BY KENNAMETAL FEATURES INNOVATIVE CHIP BREAKER DESIGN
PITTSBURGH, Nov. 1, 2023 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced
today its new FV Geometry, featuring an innovative chip breaker design that
allows for a more stable, sharper cutting edge for improved surface roughness
and chip formation.
Strenx® structural steel - more crane performance with less dead weight
MANILA, Philippines, Nov. 1, 2023 /PRNewswire/ -- The Fassi F 1450 HXP Techno is the first loading crane to be acquired by Zimmerei Lindner and Meyer, a medium-sized construction company based in Dinkelsbühl. It serves customers in southernGermany. The Fassi F 1450 loader crane is the first model...
Global Photographers Spotlight ZPMC's Leading Role in Port Machinery Manufacturing
SHANGHAI, Oct. 30, 2023 /PRNewswire/ -- On October 24th, Shanghai Zhenhua Heavy Industries Co., Ltd. (ZPMC) hosted an international delegation of six photographers fromFrance, Italy, Russia, Turkey and the U.S. The photographers toured ZPMC's Changxing Branch, a leading heavy equipment manufactur...
SKF Nine-month report 2023: Resilient margins and strong cash flow despite slowdown in demand
GOTHENBURG, Sweden, Oct. 27, 2023 /PRNewswire/ -- Rickard Gustafson, President and CEO: "During the quarter we continued to see a slowdown in demand from a weakening economic sentiment and customers reducing their inventories. Despite this, our profitability was resilient, and our cash flow rem...
SKF concludes strategic review of Aerospace business; strengthens its core business
GOTHENBURG, Sweden, Oct. 27, 2023 /PRNewswire/ -- Following the completion of a strategic review of its Aerospace business, SKF is further strengthening and investing in its Aerospace core areas, but also exploring strategic options to fully or partially exit business lines that are non-core. SK...
Official opening ceremony of the new Peikko factory in Johor Bahru, Malaysia
JOHOR BAHRU, Malaysia, Oct. 19, 2023 /PRNewswire/ -- Peikko Group, a leading global supplier of concrete connections and composite structures, proudly announces the official opening of its factory inMalaysia. The grand opening ceremony, held onOct. 18th, 2023, marked a significant milestone for t...
SANY Witnesses the Birth of The Land of the Future
CHANGSHA, China, Oct. 18, 2023 /PRNewswire/ -- Located in the Northwestern of
Saudi Arabia, NEOM, a $500 billion giga-project launched in 2017, is SANY
Group's (SANY)
KENNAMETAL INTRODUCES NEW TURNING GRADE FEATURING KENGOLD TECHNOLOGY
PITTSBURGH, Oct. 18, 2023 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today its newKCU10B turning grade, an innovative update to its KCU10 platform with an enhanced KENGold™ coating technology for edge protection. This universal cutting solution is designed for machinists in aerospace a...
How Hardox® 500 Tuf transforms the earthmoving industry
The earthmoving industry is under constant pressure to increase productivity. A lot of this productivity relies on the performance of buckets for excavators and front loaders. MANILA, Philippines, Oct. 18, 2023 /PRNewswire/ -- As in many industries, tradition can get in the way of innovation. So...
KENNAMETAL LAUNCHES METAL CUTTING ROADSHOW IN NORTH AMERICA
Interactive tour takes latest technologies direct to new and existing customers PITTSBURGH, Oct. 17, 2023 /PRNewswire/ -- Aimed at bringing innovative tools directly to customers' doorsteps, Kennametal Inc. (NYSE: KMT) is launching a nationwide tooling roadshow inNorth America covering more than ...
SKF confirms closure of Luton factory
GOTHENBURG, Sweden, Oct. 17, 2023 /PRNewswire/ -- Following a consultation process with employees and union representatives, SKF confirms the proposed closure of its factory inLuton, UK. The proposal was made in May 2023 as part of a consolidation of the Group's spherical roller bearing manufactu...
ZPMC Focuses on Talent Development to Build a High-Quality, Sustainable Workforce
SHANGHAI, Oct. 11, 2023 /PRNewswire/ -- Shanghai Zhenhua Heavy Industries (ZPMC) organized professional and technical training courses on mechanical structure and electrical debugging for 9 locally-hired engineers at the company's Indo-Australian regional center from June toSeptember 2023. The t...
CompAir Unveils the RL30-160 Series of Oil-lubricated Screw Compressor
MELBOURNE, Australia, Oct. 11, 2023 /PRNewswire/ -- CompAir, a global provider of extensive range of reliable, energy efficient compressors, dryers and accessories, is thrilled to announce the launch of its latest RL series, the RL30-160 oil-lubricated screw compressor. This cutting-edge addition...
SKF to publish nine-months results on 27 October
GOTHENBURG, Sweden, Oct. 11, 2023 /PRNewswire/ -- SKF will publish its nine-months results for 2023 on27 October 2023 at approximately 07:00 (CET). Investors, analysts and media are invited to join a webcast, which will be held in English, at 08:15 (CET). To join the webcast, please login at lea...
Leading Engineering Manufacturer - PT Sanggar Sarana Baja Joins Hardox® In My Body Program
JAKARTA, Indonesia, Oct. 6, 2023 /PRNewswire/ -- SSAB
SKF inaugurates factory in Monterrey, Mexico
GOTHENBURG, Sweden, Oct. 4, 2023 /PRNewswire/ -- SKF has inaugurated its new facility inMonterrey, Mexico, a greenfield factory investment totaling SEK 700 million. This will support SKF's strategic development in the Americas and meet customer needs as focus on electrification increases. The inv...
KENNAMETAL EXPANDS HARVI PORTFOLIO AND PERFORMANCE WITH FIRST-EVER 8-FLUTE END MILL
HARVI IV requires no stops for tool changes, increasing productivity for customers PITTSBURGH, Oct. 2, 2023 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that it has expanded its bestselling and best performing line of HARVI™ Solid Carbide End Mills with a new 8-flute design option...
Announcement of change in the total number of votes in AB SKF
GOTHENBURG, Sweden., Sept. 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 September 2023, the Company's share capital amounts to SEK 1,138,377,670 and the total nu...
BICES 2023: XCMG Machinery Takes Center Stage with Intelligent and Eco-Friendly Construction Machinery
BEIJING, Sept. 26, 2023 /PRNewswire/ -- Leading construction machinery manufacturer XCMG Machinery ("XCMG", SHE:000425) has exhibited 28 flagship equipment products from eight major sectors, innovative intelligent technologies, and comprehensive set solutions at the 16th China Beijing Internatio...
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