Machine Tools, Metalworking and metallurgy
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...
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...
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