Machine Tools, Metalworking and metallurgy
GKN Powder Metallurgy to establish new business unit GKN Hydrogen
BONN, Germany, May 4, 2021 /PRNewswire/ -- * GKN Powder Metallurgy launches new dedicated green hydrogen unit, GKN Hydrogen, onMay 11, 2021, with a virtual market launch event * GKN Hydrogen is pioneering emission-free, safe and compact all-in-one renewable energy storage solutions to drive t...
2021-05-04 14:00
3261
Rickard Gustafson to join SKF on 1 June 2021
GOTHENBURG, Sweden, April 28, 2021 /PRNewswire/ -- The Board of AB SKF announces thatRickard Gustafson will join SKF as President and CEO on 1 June 2021, an appointment first announced on 11 January. Aktiebolaget SKF (publ) Previous press releases: 11 Jan 2021: "Rickard Gustafson appoin...
2021-04-28 22:09
2655
SKF Q1 2021: Strong organic growth and operating profit, while managing cost and currency headwinds
GOTHENBURG, Sweden, April 22, 2021 /PRNewswire/ -- As the Board announced in January,Rickard Gustafson will be joining as President and CEO at the latest by 1 July.Alrik Danielson's last working day with SKF will be 30 April. The Board has appointed Niclas Rosenlew as Interim CEO in addition to h...
2021-04-22 15:31
2743
SSAB Increases Support for Indonesian Mining Operations with the Introduction of Hardox(R) Wear Plate
JAKARTA, Indonesia, April 20, 2021 /PRNewswire/ -- SSAB - the leading steel
producer of advanced high-strength steels and quenched & tempered steels is
rapidly making mining operations inIndonesia safer and more efficient. This is
done through the introduction of theHardox® wear plate
2021-04-20 10:15
2074
SKF's first quarter results to be published on 22 April
GOTHENBURG, Sweden, April 13, 2021 /PRNewswire/ -- SKF will publish its first quarter results for 2021 on22 April 2021 at approximately 08:45 (CET). Investors, analysts and media are invited to join a Webcast, with the opportunity to ask questions via the chat function, at 10:00 (CET). To join ...
2021-04-13 15:58
3053
Hitachi Elevator (China) holds educational events across China on proper elevator use in celebration of Public Safety and Education Day for Primary and Secondary School Students
The events feature the Hitachi Elevator's Junior Safety Officers who share information on both the safe use of elevators and on the basics of how they work GUANGZHOU, China, April 2, 2021 /PRNewswire/ -- To celebrate Public Safety and Education Day for Primary and Secondary School Students, onMar...
2021-04-06 09:54
4280
ESAB Launches Shield-bright Flux Cored Wire for 9% Nickel Steel
SHANGHAI, April 2, 2021 /PRNewswire/ -- ESAB Welding & Cutting Products has introduced Shield-Bright NiCrMo-3, a 625-type electrode for manual and automatic flux cored wide-weave welding of 9% nickel steel in the vertical-up (3G) position and using 75% argon/25% CO2 shielding gas. "We specifical...
2021-04-02 21:43
5747
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
4408
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
3415
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
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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.
2021-03-03 21:09
2685
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
5600
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
5391
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
4199
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
2012
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
1873
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
1565
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
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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
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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
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