Machine Tools, Metalworking and metallurgy

SKF completes previously announced divestment of non-core aerospace operation in Elgin, USA

GOTHENBURG, Sweden, Jan. 31, 2026 /PRNewswire/ -- SKF has completed the previously announced divestment of its precision elastomeric device (PED) operation in Elgin, Illinois, USA. The divestment is part of SKF's strategic focus on its core aerospace areas and exit of non-core business lines. El...

2026-01-31 03:36 4911

Nomination Committee's proposal for Board of Directors of AB SKF

GOTHENBURG, Sweden, Jan. 30, 2026 /PRNewswire/ -- SKF's Nomination Committee proposes that Karen Florschütz and Maximiliane Straub are elected as new Board members of AB SKF. Karen Florschütz is Top Group Executive of Airbus, most recently serving as Executive Vice President Connected Intelligen...

2026-01-30 15:59 6060

Announcement of change in the total number of votes in AB SKF

GOTHENBURG, Sweden, Jan. 30, 2026 /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 30 January 2026 there are a total of 455,351,068 shares in AB SKF, out of which 28,918,320 sha...

2026-01-30 15:52 5216

SKF Q4 2025: Laying the foundation for long-term value creation

GOTHENBURG, Sweden, Jan. 30, 2026 /PRNewswire/ -- Q4 2025 * Net sales: MSEK 21,969 (24,725) * Organic growth: 0.0% (−3.1%), driven by organic sales growth within the Industrial business, offset by negative market demand for the Automotive business. * Adjusted operating profit: MSEK 2,588 (...

2026-01-30 15:31 6955

Shoucheng Holdings (0697.HK) Pioneers Investor-Led Livestream Commerce, Advancing End-to-End Commercialization of Its Robotics Ecosystem

HONG KONG, Jan. 15, 2026 /PRNewswire/ -- As the robotics industry accelerates its transition toward large-scale commercialization, Shoucheng Holdings (0697.HK) has announced another significant milestone in its robotics investment and ecosystem-building strategy. The Company disclosed that it wil...

2026-01-15 16:34 3923

Shoucheng Holdings (0697.HK): Foreign Investors Accumulate at Valuation Lows as Robotics Strategy Gains Market Recognition

HONG KONG, Jan. 15, 2026 /PRNewswire/ -- Recently, Shoucheng Holdings (0697.HK) has experienced a notable shift in its capital market shareholder structure. According to disclosures from the Hong Kong Stock Exchange and transaction data from multiple financial terminals, foreign institutional inv...

2026-01-15 14:38 7085

FMF's 5th Ministerial Roundtable Concludes with 100 Governments and 59 Multilaterals, Laying Framework for a New Age of Minerals Development

RIYADH, Saudi Arabia, Jan. 14, 2026 /PRNewswire/ -- The 5th Ministerial Roundtable, which forms part of the Future Minerals Forum (FMF), concluded in Riyadh, marking a significant milestone in global cooperation on minerals and reinforcing the shift toward more responsible, resilient, and sustain...

2026-01-14 17:22 5784

SKF to publish Q4 report on 30 January

GOTHENBURG, Sweden, Jan. 13, 2026 /PRNewswire/ -- SKF will publish its Q4 results for 2025 on 30 January at approximately 07:30 (CET). Investors, analysts and media are invited to join an audio webcast, which will be held in English, at 09:00 (CET). To join the webcast, please login at least 10 ...

2026-01-13 16:01 11213

SANY Commences Operations at its First Engineering Machinery Remanufacturing Base in Hainan

DONGFANG, China, Dec. 30, 2025 /PRNewswire/ -- SANY Group officially commenced operations of its first global engineering machinery remanufacturing base, the SANY Hunan-Hainan Intelligent Manufacturing Industrial Park (the "Park"), on December 23 in Dongfang City of Hainan Province. The event mark...

2025-12-30 19:12 8857

USAS Building System Listed on the Hong Kong Stock Exchange: A Top-Three Industrial Prefabricated Steel Structure Solution Provider Enters a New Phase in the Capital Markets

HONG KONG, Dec. 30, 2025 /PRNewswire/ -- On 30 December, USAS Building System ( Shanghai) Co., Ltd. (the "Company" or "USAS") was officially listed on the Main Board of The Stock Exchange of Hong Kong Limited, marking the completion of an important step in the Company's entry into the internationa...

2025-12-30 10:29 6296

USAS Building System Advances Toward Hong Kong Listing: A Top-Three Industrial Prefabricated Steel Structure Solution Provider, with an Emerging Overseas Growth Curve

HONG KONG, Dec. 29, 2025 /PRNewswire/ -- With manufacturing investment gradually recovering and the pace of industrial project construction continuing to advance, industrial buildings are accelerating toward standardised and prefabricated development. Against this backdrop, the application of ind...

2025-12-29 17:16 5440

SKF achieves prestigious CDP 'A' Score for Environmental Leadership

GOTHENBURG, Sweden, Dec. 22, 2025 /PRNewswire/ -- For the third consecutive year SKF has earned an 'A' score in the category Climate Change from CDP, the global non-profit leading environmental disclosure. In 2025 nearly 20,000 companies were scored through CDP's platform. Achieving the top scor...

2025-12-22 15:44 2413

SKF advances sustainability goals by announcing six new decarbonized factories

GOTHENBURG, Sweden, Dec. 18, 2025 /PRNewswire/ -- Six additional factories across SKF's global manufacturing footprint have achieved decarbonized status, marking a significant step towards the Group's target to reach decarbonized operations by 2030. The newly decarbonized sites include Nilai inMa...

2025-12-18 17:01 5954

FutureMain to Revolutionize Industrial Maintenance with Vertical AI Solution 'ExRBM' at CES 2026

LAS VEGAS and SEOUL, South Korea, Dec. 18, 2025 /PRNewswire/ -- FutureMain , a leader in AI-powered predictive maintenance, announced that it will unveil its proprietary Vertical AI diagnostic solution, ExRBM, and the handheld diagnostic device, ExRBM Portable+, at CES ...

2025-12-18 08:00 4180

Otis Wins Silver Award for Outstanding Safety Performance at SBS Transit Safe Business Partner Awards 2025

* A Silver Award is the highest achievement for SBS Transit partners, recognized for the first time. * This is the third separate safety excellence award Otis Singapore has received this year SINGAPORE, Dec. 3, 2025 /PRNewswire/ -- Otis has been honored with a Silver Award at the SBS Transit ...

2025-12-03 13:00 3720

xTool Launches F2 Ultra UV, a True Glass Master and Ultra-Precise Laser

SANTA CLARA, Calif., Nov. 28, 2025 /PRNewswire/ -- xTool, a global leader in desktop laser cutters and smart fabrication tools, today announcedthe F2 Ultra UV

2025-11-28 01:00 4896

Stavian Industrial Metal Unveils Green Strategy at VIMOX 2025 as Platinum Sponsor, Positioning Vietnam as Global Metals Hub

HO CHI MINH CITY, Vietnam , Nov. 20, 2025 /PRNewswire/ -- Stavian Industrial Metal , one of Vietnam's leading industrial metals companies, will participate as the exclusive Platinum Sponsor at the Vietnam International Marine and Offshore Expo (VIMOX 2025) and showcas...

2025-11-20 17:43 2286

SKF hosts Capital Markets Day; announces updated strategy and new financial targets

GOTHENBURG, Sweden, Nov. 11, 2025 /PRNewswire/ -- SKF is hosting its Capital Markets Day inStockholm today. At the event, deeper insights are provided into the strategic direction of both the Industrial and the Automotive businesses post the planned separation of Automotive from SKF Group. Given ...

2025-11-11 16:07 1745

DWMaterials Achieves Breakthrough with Coreless 6,500-Gauss Demagnetizer, Setting a New Standard for Reliability

SEOUL, South Korea, Nov. 11, 2025 /PRNewswire/ -- DWMaterials, a leading manufacturer of electromagnetic demagnetizers (EMF), has successfully developed a coreless 6,500-gauss constant-current demagnetizer—a major technological advancement that enhances both power and stability. Unlike conventio...

2025-11-11 09:30 1647

SKF presents a novel bearing steel designed to enable the next generation of aeroengine technology

GOTHENBURG, Sweden, Nov. 6, 2025 /PRNewswire/ -- SKF continues to re-imagine intelligent and clean rotation with the development of an innovative temperature-resistant, corrosion-tolerant steel for aeroengine bearings called ARCTIC15. With the Aerospace industry striving to reach net zero emissi...

2025-11-06 20:50 1652
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