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Annual General Meeting of AB SKF

GOTHENBURG, Sweden, March 25, 2021 /PRNewswire/ -- The Annual General Meeting of Aktiebolaget SKF, parent company of the SKF Group, was held on Thursday,25 March 2021. Due to the contagious Covid-19 and the authorities' regulations/guidance on avoiding gatherings of people, the general meeting w...

2021-03-25 21:07 4196

Sandvik builds manufacturing facility in Changzhou National High-Tech Zone

CHANGZHOU, China, March 5, 2021 /PRNewswire/ -- Sandvik Group, one of the world's leading mining engineering machine manufacturers, is investingUSD 15 million to build a new manufacturing facility in Menghe Town, Changzhou National Hi-Tech District, marking an auspicious start for the district's ...

2021-03-05 11:16 2690

SKF invests SEK 400 million in Airasca, Italy

GOTHENBURG, Sweden, March 4, 2021 /PRNewswire/ -- SKF is investing SEK 400 million in expanding and modernizing its manufacturing facility in Airasca, Italy. The investment will bring the manufacturing of super-precision bearings (SuPBs) for industrial applications into the Group's largest manufa...

2021-03-04 18:43 5450

WBTL China Investing $50 MUSD in Mexico to produce Aluminum Chassis Components to Support North American Car Manufacturers

SHANGHAI, March 3, 2021 /PRNewswire/ -- Bethel Automotive Safety Systems Co., Ltd. (WBTL) is investing$50 MUSD in a new plant in Mexico. It is located in Alianza Industrial Park in theSaltillo area of Coahuila State. "The...

2021-03-03 21:09 2240

WBTL China Investing $50 MUSD in Mexico to produce Aluminum Chassis Components to Support North American Car Manufacturers

SKF Annual Report 2020

GOTHENBURG, March 3, 2021 /PRNewswire/ -- AB SKF's Annual Report 2020 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. Alrik Danielson, President and CEO...

2021-03-03 20:32 5384

SKF: Notice of Annual General Meeting

GÖTEBORG, Sweden, Feb. 17, 2021 /PRNewswire/ -- Notice is hereby given that the Annual General Meeting of Aktiebolaget SKF, reg. no. 556007-3495, will be held on Thursday,25 March 2021. Due to the contagious Covid-19 and the authorities' regulations/guidance on avoiding gatherings of people, th...

2021-02-17 16:04 5067

Investing in the Taiwan PV Plant Fund

KAWASAKI, Japan, Feb. 11, 2021 /PRNewswire/ -- JA Mitsui Leasing, Ltd. (hereafter "JA Mitsui Leasing") and Toshiba Energy Systems & Solutions Corporation (hereafter "Toshiba ESS") have made the decision to invest in Photon Energy Power Corporation's (hereafter "PHOTON") "Photon Taiwan Fund, LP" ...

2021-02-11 10:00 3972

Year-end Report January-December 2020

STOCKHOLM, Feb. 10, 2021 /PRNewswire/ -- Fourth quarter * Order intake amounted to SEK 865 (1,706) million, a decline of 49 percent * Net sales decreased 16 percent to SEK 992 (1,181) million and 11 percent based on constant exchange rates * EBIT rose 5 p...

2021-02-10 15:33 1799

Mitsubishi Power Lauded by Frost & Sullivan for Enabling Autonomous Plant Operations with Its TOMONI™ Digital Solutions Portfolio

A full-stack suite, TOMONI™ delivers precise and actionable asset-level information using advanced analytics and AI backed by physics and statistical models as well as decades of experience. SANTA CLARA, Calif., Feb. 8, 2021 /PRNewswire/ -- Based on its recent analysis on digital best practition...

2021-02-08 23:00 1620

Mitsubishi Power Lauded by Frost & Sullivan for Enabling Autonomous Plant Operations with Its TOMONI™ Digital Solutions Portfolio

Jiangsu Guoqiang Introduced 90 Welding Robots, to Upgrade the Intelligent Manufacturing

LIYANG, China, Feb. 3, 2021 /PRNewswire/ -- Jiangsu Guoqiang Galvanization Industrial Company (Hereinafter as JSGQ) finished the debugging of the imported 90 fully automatic welding robots and entered the formal production stage. The industrial robots introduced are mainly used in the welding lin...

2021-02-03 17:00 1400

Dreams Come True: FLEXIM 30th Anniversary Surprise

Employees' gift to the founders make long-lasting wishes come true BERLIN, Feb. 3, 2021 /PRNewswire/ -- "I have a good tent, a good sleeping bag, and a kayak," saysJens Hilpert, one of the four founders and CEO of FLEXIM. This is seemingly all that is needed. So what do you give four company fou...

2021-02-03 05:39 1408

SKF Year-end report 2020

GOTHENBURG, Sweden, Feb. 2, 2021 /PRNewswire/ -- Alrik Danielson, President and CEO: "I would like to thank everyone in SKF for contributing to making 2020 the year in which we delivered on our strategy in earnest, a fact which is reflected in yet another very strong set of results, not least d...

2021-02-02 21:33 5739

Welding Vendors Focusing on New Technologies and Energy Efficiency for Business Growth, Finds Frost & Sullivan

The market is driven by developing regions where infrastructure building and automation is a priority SANTA CLARA, Calif., Jan. 28, 2021 /PRNewswire/ -- Frost & Sullivan's recent analysis,Newer Welding Techniques to Enable Growth in the Digital Age, reports that increasing competition in the glo...

2021-01-28 21:34 1678

Welding Vendors Focusing on New Technologies and Energy Efficiency for Business Growth, Finds Frost & Sullivan

Hublot Launches New Big Bang Tourbillon Automatic Orange Sapphire

The art of fusion reaches a new level with a double endeavour at the limits of possibility NYON, Switzerland, Jan. 26, 2021 /PRNewswire/ -- Transparent, black, yellow, blue, red – Hublot has mastered the creation and machining of sapphires with exclusive shades for its watchcases. With the new B...

2021-01-26 18:38 2383

Hublot Launches New Big Bang Tourbillon Automatic Orange Sapphire

JSGQ Exports its Galvanizing Materials to 17 Countries, Making its Cumulative Overseas Shipment Exceed 600,000 Tons

LIYANG, China, Jan. 25, 2021 /PRNewswire/ -- On January 22, 2021, Jiangsu Guoqiang Galvanization Industrial Company (Hereinafter as JSGQ) announced its annual statistics, showing that its cumulative shipments of hot-dipped galvanizing materials to global overseas markets (exceptChina) have exceed...

2021-01-25 10:00 1166

Global Advanced Metals Declared Conformant to Minerals Due Diligence Audit Standard for Eleventh Consecutive Year

WELLESLEY HILLS, Mass. and PERTH, Australia, Jan. 13, 2021 /PRNewswire/ -- Global Advanced Metals Pty Ltd (GAM), a leading producer of tantalum powders and metallurgical products, has again successfully undergone a conflict minerals due diligence audit under the RMI Responsible Minerals Assurance...

2021-01-13 04:27 1377

KEMP Combines 4th Generation Technology to Produce Offshore Wind Power Structures

ULSAN, South Korea, Dec. 24, 2020 /PRNewswire/ -- Hyun-Jun, Jeon (The director of KEMP Co., Ltd.) recently presented the '4th generation eco-friendly ceramic zinc plating technology-INNOZINC at the 2nd day event of the Ulsan Floating Offshore Wind Power International Forum 2020.

2020-12-24 09:00 2383

KEMP Combines 4th Generation Technology to Produce Offshore Wind Power Structures

JSGQ's Solar Mounting Structure Shipment in Europe Exceeds 4GW

LIYANG, China, Dec. 22, 2020 /PRNewswire/ -- Recently, Jiangsu Guoqiang Galvanization Industrial Company (Hereinafter as JSGQ) released a set of data for its overseas performance. As of the end of 2020, its export volume of solar mounting structures inEurope has exceeded 4GW. At the same time,...

2020-12-22 17:39 1405

Global Machine Tools Market was Valued at US$ 71709.79 Mn in 2019 Growing at a CAGR of 7.33% Over the Forecast Period - says Absolute Markets Insights

PUNE, India, Dec. 17, 2020 /PRNewswire/ -- * The COVID-19 pandemic is expected to positively impact the global machine tools market . Machine tools that are controlled with the help of computers are increasingly use...

2020-12-17 09:00 2372

Global Laser Machine Tools Market will grow to US$ 6901.18 Mn by 2028 at a CAGR of 12.09% over the forecast period - says Absolute Markets Insights

PUNE, India, Dec. 17 2020 /PRNewswire/ -- * Global laser machine tools market was valued atUS$ 2799.51 million in 2019 and is expected to reach US$ 6901.18 million by 2028, growing at an estimated CAGR of 12....

2020-12-17 08:00 2904

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