Machine Tools, Metalworking and metallurgy
XCMG Opens 7th XCMG International Customer Festival, Strengthening Collaboration with Global Partners
XUZHOU, China, May 26, 2025 /PRNewswire/ -- XCMG Machinery ("XCMG", SHE: 000425) has successfully hosted the 7th XCMG International Customer Festival (the "Festival") from May 20 to 23 in Xuzhou, China. More than 2,000 customers from over 80 countries and regions as well as 60 journalists from bo...
HSG Laser Underscores Glocalization in Korea, Strengthening APAC Strategy
BUSAN, South Korea, May 22, 2025 /PRNewswire/ -- HSG Laser marked a key step in its Asia-Pacific glocalization with a successful Korea Open House, held on May 21–22 at its Busan showroom. Under the theme"Leading Local Service in Korea," the event highlighted HSG's growing investment in localized ...
Systems Spray-Cooled New Investment and Partnership for Global Growth
NASHVILLE, Tenn. , May 21, 2025 /PRNewswire/ -- We are excited to announce that The Systems Group has brought on a new investor into the Systems Spray-Cooled (SSC) business unit. David Brogdon is one of the founders of Bad Boy Mowers and he, along with his partners, have purchased a majority stak...
SKF inaugurates magnetic bearing factory in Morocco to meet increased demand
GOTHENBURG, Sweden, May 20, 2025 /PRNewswire/ -- SKF has inaugurated its new factory in Tangier, Morocco, which initially will employ around 60 people. The factory will manufacture components for magnetic bearings and high-speed electric motors, enabling SKF to meet the increased demand for these...
LOVOL Intelligent Agricultural Machinery Base Commences Production
WEIFANG, China, May 20, 2025 /PRNewswire/ -- LOVOL Intelligent Agricultural Machinery today officially inaugurated its new intelligent agricultural equipment manufacturing base in Shandong Province, setting a new benchmark in agricultural machinery production. With an annual production capacity o...
Cell Impact delivers flow plates and test tools to a major player in Asia
KARLSKOGA, Sweden, May 19, 2025 /PRNewswire/ -- Cell Impact AB (publ) has signed an agreement to deliver test tools to a leading industrial player in Asia. The deal confirms Cell Impact's attractive offering and its unique forming technology. The agreement is a follow-up order from a customer wi...
XCMG to Host 7th International Customer Festival in 2025: A Grand Celebration of Innovation, Sustainability, and Cross-Cultural Collaboration
XUZHOU, China, May 15, 2025 /PRNewswire/ -- XCMG Machinery ("XCMG", SHE:000425), a global leader in construction machinery and equipment, is proud to announce the 7th XCMG International Customer Festival, set to take place between May 20th and 22nd in Xuzhou, China. With the theme "Solid Innovati...
METALTECH & AUTOMEX 2025 IGNITES A NEW ERA OF SMART AND GREEN MANUFACTURING
Southeast Asia's premier metalworking and automation trade show champions sustainability, AI integration, and international collaboration. KUALA LUMPUR, Malaysia, May 14, 2025 /PRNewswire/ -- Southeast Asia's manufacturing, automation, and engineering sectors converged today as METALTECH & AUTOM...
XCMG Machinery Publishes 2024 ESG Report: Pioneering Sustainable Innovation in Global Construction Machinery Industry Development
New Energy Leadership, Digital Transformation, and Global Partnerships Towards Carbon Neutrality Goals XUZHOU, China, May 14, 2025 PRNewswire/-- XCMG Machinery ("XCMG", SHE: 000425) has officially released its 2024 Environmental, Social, and Governance (ESG) report, particularly highlighting the...
Zoomlion Reports Strong Q1 2025 Growth with Increasing International Revenue and Related Diversified Industries Development
CHANGSHA, China, April 30, 2025 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion" or "the Company"; 1157.HK), a global leader in construction machinery, announced robust first-quarter 2025 financial results on the evening of April 29, 2025. The Company posted sign...
Conprofe's Global Launch of Pioneering "Dual Ultrasonic-Green" Machining Solution at CIMT Beijing
BEIJING, April 29, 2025 /PRNewswire/ -- At CIMT 2025, the world's premier
machine tool exhibition, Conprofe showcased 12 state-of-the-art
Ultrasonic-Green CNC Machine Tool Models in its 800sqm booth W2-B001,
attracting significant attention in the high-end manufacturing industry.
Weichai Wins SBR Manufacturing Award 2025 for Advancing Efficiency and Green Innovation
SINGAPORE, April 25, 2025 /PRNewswire/ -- World-leading engine manufacturer Weichai has received the 2025 Manufacturing Award at the Singapore Business Review (SBR) International Business Awards. The accolade recognizes the company's breakthroughs in thermal efficiency and cross-border collaborat...
SKF Q1 2025: Strong margin in turbulent markets
GOTHENBURG, Sweden, April 25, 2025 /PRNewswire/ -- Q1 2025 * Net sales: MSEK 23,966 (24,699) * Organic growth: −3.5% (−7.0%), driven by lower market demand across regions and industries, except for aerospace showing continuous growth. * Adjusted operating profit: MSEK 3,233 (3,3...
Techman Robot Partners with Panasonic Connect's Welding Systems Division to Advance Welding Automation in Japan
TAIPEI, April 22, 2025 /PRNewswire/ -- Techman Robot has announced a strategic
collaboration with Panasonic Connect's Welding Systems Division, aiming to
accelerate the development of welding automation solutions.
Future-oriented business model ensures successful fiscal year 2024, DEKRA continues on a path of growth and transformation
* Revenue and EBIT increased again in 2024, despite a volatile environment * Number of core employees grew further * DEKRA is very well positioned in its 100th anniversary year as it successfully transforms from a traditional vehicle inspection provider into a leading independent expert for ...
SKF completes previously announced divestment of its ring and seal operation in Hanover, USA
GOTHENBURG, Sweden, April 14, 2025 /PRNewswire/ -- SKF has completed the previously announced divestment of its ring and seal operation inHanover, Pennsylvania, USA, to Carco PRP Group for a total enterprise value of USD 215 million, corresponding to approximately SEK 2.1 billion. The divestment ...
SKF to publish Q1 report on 25 April
GOTHENBURG, Sweden, April 10, 2025 /PRNewswire/ -- SKF will publish its Q1 results for 2025 on 25 April at approximately 07:30 (CEST). Investors, analysts and media are invited to join a webcast, which will be held in English, at 09:00 (CEST). To join the webcast, please login at least 10 minute...
Breaking Limits, Boosting Productivity: Dormer Pramet Unveils Multiple New Products at CIMT 2025
BEIJING, April 10, 2025 /PRNewswire/ -- A report from jgvogel. Dormer Pramet, a global leader in metal cutting tool innovation and a proud member of the Sandvik Group, will be making a major debut at the 19th China International Machine Tool Exhibition (CIMT2025). Dormer Pramet will present its ...
Annual General Meeting of AB SKF
GOTHENBURG, Sweden, April 1, 2025 /PRNewswire/ -- The Annual General Meeting of Aktiebolaget SKF was held on Tuesday,1 April 2025. The income statements and the balance sheets were adopted, together with the Board's proposal for distribution of dividend. A dividend ofSEK 7.75 per share was appro...
China High Speed Transmission Equipment Group Commences Legal Proceedings for Fund Misappropriation of RMB 6.64 Billion
HONG KONG, April 1, 2025 /PRNewswire/ -- The Board of Directors (the "Board") of China High Speed Transmission Equipment Group Co., Ltd. (the "Company ", Stock Code: 0658.HK, together with its subsidiaries, the "Group") today announced that its wholly-owned subsidiaries, Nanjing High Accurate Driv...
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