Machine Tools, Metalworking and metallurgy
Leading Technology for Measuring Steam
World's Only Clamp-on Steam Meter BERLIN, Nov. 18, 2019 /PRNewswire/ -- FLEXIM is pleased to announce its development of the one and only, ultrasonic clamp-on steam meter. This has been years in the making as it was FLEXIM's ultimate challenge, until today. The worldwide official release date o...
Tenaris Provides Over Rp 474 Million to Outstanding Students Through Merit Awards Program in Cilegon
CILEGON, Indonesia, Nov. 14, 2019 /PRNewswire/ -- TenarisSPIJ (PT. Seamless Pipe Indonesia Jaya) organised the 9th Merit Awards Program in Cilegon. The program is the longest-running education-based community scheme, rewarding academic excellence and effort by providing financial support to deser...
Crown Offers Three-year Warranty on PTH 50 Series Pallet Trucks
SYDNEY, Nov. 13, 2019 /PRNewswire/ -- Crown Equipment is now providing
customers in theAsia Pacific region with one of the longest hand pallet truck
warranties in the industry.
SKF Acquires Software Development Start-up
GOTHENBURG, Sweden, Nov. 11, 2019 /PRNewswire/ -- SKF has completed the acquisition of Form Automation Solutions (FAS), a US-based software development start-up company. FAS has developed GoPlant, a mobile-based asset inspection and data collection solution used in industrial applications. The t...
SKF Issues its First Green Bond
GÖTEBORG, Sweden, Nov. 8, 2019 /PRNewswire/ -- SKF has, as one of the first industrial companies, issued a green bond. The bond will raiseEUR 300 million to fund eligible green projects in accordance with SKF's recently launched Green Finance Framework. SKF's green bond has received much attenti...
New Energy Powertrains Generate Fresh Growth Opportunities for Forklift Battery Charger Manufacturers
SANTA CLARA, California, Nov. 7, 2019 /PRNewswire/ -- Global trends such as stricter emission norms, rapidly expandingeCommerce, automated warehouses, and technological advancements likeelectric and fuel cell forklifts are shaping the future of the forklift market.Electric forklifts are expected ...
SKF Completes EUR 255m Buy-back of Bonds Maturing 2020 and 2022, Updates Financial Net
GOTHENBURG, Sweden, Nov. 7, 2019 /PRNewswire/ -- SKF has completed the buy-back ofEUR 51 million and EUR 204 million of outstanding bonds maturing in 2020 and 2022 respectively. Financial net for Q4 2019 is now expected to be approximately SEK -360 million , compared to the Group's previous guida...
Valtrix to Exhibit at RISC-V Summit From December 10-12
BANGALORE, India, Nov. 6, 2019 /PRNewswire/ -- Valtrix Systems
Zoomlion Unveils High-end Localised Mortar Production and Construction Products at CIIE
SHANGHAI, Nov. 5, 2019 /PRNewswire/ -- Zoomlion's high-end equipment manufacturing subsidiaries m-tec, the world's leading dry mortar technology and equipment supplier from Germany, and CIFA, anItaly-based world-renowned manufacturer of concrete machinery, are debuting three localised products, t...
BillerudKorsnäs and SKF Partner to Improve Performance of Karlsborg Mill
GOTHENBURG, Sweden, Nov. 4, 2019 /PRNewswire/ -- BillerudKorsnäs and SKF are partnering to reduce maintenance costs and improve production output and sustainability performance at Karlsborg Mill in Kalix,Sweden. Real-time data from a new system with 480 connected condition monitoring points at ...
SKF Nine-month Report 2019
GOTHENBURG, Sweden, Oct. 22, 2019 /PRNewswire/ -- Alrik Danielson, President and CEO: "SKF has managed the business well in a weakening economic environment and our efforts to reduce costs are contributing to a strong and stable operating margin in the quarter with an underlying margin of 11.3%....
GKN Powder Metallurgy Acquires FORECAST 3D, Expands Additive Manufacturing Capabilities to Include Plastics
LONDON, Oct. 22, 2019 /PRNewswire/ -- Highlights * GKN Powder Metallurgy, global producer of metal powder and parts, acquires leading plastic 3D printing company FORECAST 3D * Companies join to deliver industrial 3D printing capabilities to more industries across a larger global footprint ...
Xinhua Silk Road: Shaangu Group to break new ground with gold medal won at 2019 World Manufacturing Convention
BEIJING, Oct. 18, 2019 /PRNewswire/ -- At the recent 2019 World Manufacturing Convention, Shaanxi Blower (Group) Co., Ltd. (Shaangu Group) won gold prize of innovative products in green energy saving for its blast furnace power recovery turbine (BPRT), which again proves the company's technical...
ESAB Launches Digital Multi-process Inverters Designed for Asian Market
SHANGHAI, Oct. 11, 2019 /PRNewswire/ -- ESAB, the world-leading manufacturer and supplier of welding and cutting equipment, system and material, recently launched a new series of digital multi-process inverter specially designed for Asian market. The new product demonstrates ESAB's long-term comm...
EOS GmbH Appoints Marie Langer as the New CEO
KRAILLING, Germany, Oct. 11, 2019 /PRNewswire/ -- EOS, the world's leading technology supplier in the field of industrial 3D printing of metals and polymers, is restructuring its company management with immediate effect. In doing so, the owner family underscores its long-term commitment, while at...
Marie Langer appointed new CEO of EOS GmbH
KRAILLING, Germany, Oct. 9, 2019 /PRNewswire/ -- EOS, the world's leading technology supplier in the field of industrial 3D printing of metals and polymers, is restructuring its company management with immediate effect. In doing so, the owner family underscores its long-term commitment, while at ...
SKF to Publish Nine-months Results on 22 October
GOTHENBURG, Sweden, Oct. 9, 2019 /PRNewswire/ -- SKF will publish its nine-months results for 2019 on22 October 2019 at approximately 13:00 (CET). Investors, analysts and media are invited to join a conference call, which will be held in English, at 14:00 (CET). To join the conference call, ple...
SKF Acquires Industrial AI Company
GOTHENBURG, Sweden, Oct. 8, 2019 /PRNewswire/ -- SKF has signed an agreement to acquire Presenso Ltd., a company that develops and deploys artificial intelligence (AI)-based predictive maintenance software. Presenso's AI capability enables production plants to find and act on anomalies that were ...
Nancy Gougarty Resigns From the Board of AB SKF
GOTHENBURG, Sweden, Oct. 8, 2019 /PRNewswire/ -- Nancy Gougarty has decided to leave the Board of AB SKF for personal reasons as a result of having been the subject of the U.S. Securities and Exchange Commission proceedings concerning violations of the U.S. Foreign Corrupt Practices Act, unrelate...
Frost & Sullivan Examines the Future of Work: Human Replacement or Collaboration
SANTA CLARA, Calif., Oct. 2, 2019 /PRNewswire/ -- Key industries and organizations are currently being influenced by a transitioning workforce. Many are questioning their future and the role of humans in this increasingly robotic workforce, especially with the looming threat of obsolescence many ...
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