Machine Tools, Metalworking and metallurgy
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...
Announcement of change in the total number of votes in AB SKF
GOTHENBURG, Sweden, March 31, 2025 /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 31 March 2025 there are a total of 455,351,068 shares in AB SKF, out of which 28,930,844 shar...
PENTA LASER Successfully Hosts New Product Launch in Japan
OKAYAMA, Japan, March 31, 2025 /PRNewswire/ -- On March 29, PENTA LASER held its new product launch event in Okayama,Japan. The ceremony kicked off with a welcome address by Mr. Matsunaga, Chairman of Daisho Precision Inc. Wu Rangda, President and Dean of the Research Institute of PENTA LASER Gro...
Asian Industrial Online Exhibition 2025: Your Gateway to Premier Asian Industrial Suppliers and Global Sourcing Opportunities
TAIPEI, March 31, 2025 /PRNewswire/ -- The Asian Industrial Online Exhibition 2025 (AIOE 2025) is set to return fromMarch 31 to July 31, 2025, offering international buyers an exclusive opportunity to exploreAsia's top industrial manufacturers—all in one place, without the constraints of geograph...
ALUMINIUM CHINA 2025: Join Us in Celebrating 20 Years of Innovation and Global Collaboration
SHANGHAI, March 24, 2025 /PRNewswire/ -- ALUMINIUM CHINA 2025 is set to mark a monumental milestone — its 20th anniversary — welcoming global industry professionals to an enhanced, reimagined edition ofAsia's premier trade fair for the aluminium and non-ferrous metals industries. Taking place fro...
INTLEF Group Launches the World's First Innovative Quick-Connect Flange, Redefining BOP Connection Methods
SHANGHAI, March 24, 2025 /PRNewswire/ -- INTLEF Group recently launched its newly developed Quick-Connect Flange — a revolutionary product aimed at eliminating industry pain points and optimizing connection methods.   Quick-Connect Flange Demonstration It enables efficient c...
SKF Annual Report 2024 published online; significant decarbonization milestone reached
GOTHENBURG, Sweden, March 7, 2025 /PRNewswire/ -- AB SKF has today published its Annual and Sustainability Report 2024 on the Group's website. The Report focuses on SKF's value creation activities for customers, shareholders, and other stakeholders by outlining the Group's strategic transformatio...
LK Technology Debuts at Global GIGA-Casting Congress 2025 with Keynote Speech by LK Europe General Manager Gao Zhan about GIGA CASTING 2.0
KASSEL, Germany, March 7, 2025 /PRNewswire/ -- LK Technology (stock code: 00558.HK), a global leader in die casting solutions, made a notable appearance at the prestigious Global GIGA-Casting Congress 2025 in Kassel,Germany. This event, dedicated to advancing the application of integrated die cas...
SKF launches updated brand to increase stakeholder value
GOTHENBURG, Sweden, March 5, 2025 /PRNewswire/ -- For over 100 years, SKF is recognized as a leader in products and solutions that reduce friction. Now, the company is stepping up its efforts, not just reducing friction but actively fighting it to move the world forward. The aim is to make indust...
XCMG's Three Factories Recognized in China's 2024 National Green Factory List
XUZHOU, China, March 3, 2025 /PRNewswire/ -- XCMG Machinery ("XCMG", SHE: 000425), a leading global construction machinery manufacturer, has proudly announced that three of its factories, specialized for road machinery, firefighting equipment and automotive products, have been officially included...
SKF: Notice of Annual General Meeting
GOTHENBURG, Sweden, Feb. 27, 2025 /PRNewswire/ -- Notice is hereby given that the Annual General Meeting of Aktiebolaget SKF will be held at Radisson Blu Scandinavia Hotel, Södra Hamngatan 59,Gothenburg, Sweden, at 14.00 on Tuesday, 1 April 2025. The doors are open from 13.00. Light refreshments ...
AEH Group and VitalEdge Technologies Partner to Implement the e-Emphasys Digital Transformation Platform
CARY, N.C., Feb. 20, 2025 /PRNewswire/ -- VitalEdge Technologies, a global leader in enterprise software solutions for the heavy equipment and rental industries, is proud to announce that Agricultural Equipment Holdings (AEH Group), a leading provider of agricultural machinery and solutions inAus...
Element Six and Master Drilling Announce Strategic Partnership for Advanced Tunnel Development Technology
Novel diamond-enabled cutting technology increases tunneling development speed, reduces costs, and minimizes the environmental impact of construction for the mining, infrastructure, transportation and energy sectors. OXFORD, England and JOHANNESBURG, Feb. 18, 2025 /PRNewswire/ -- Element Six (E6...
Asian Stationery & Office Products Online Exhibition 2025 Grand Opening
TAIPEI, Feb. 17, 2025 /PRNewswire/ -- The Asian Stationery & Office Products Online Exhibition 2025 (ASOP 2025) is set to redefine the stationery and office products industry with its innovative hybrid format, seamlessly blending virtual and physical elements. Scheduled to run fromJanuary 23, 202...
China International Hardware Fair -- one of the most powerful hardware events, will be held on March 24-26, 2025, Shanghai
SHANGHAI, Feb. 11, 2025 /PRNewswire/ -- China International Hardware Fair, organized by Beijing Jinyi Youlian Exhibition Co., Ltd., sponsored by China National Hardware Electric and Chemical Commercial Association, is one of the most powerful hardware fairs in the world. In the fair, you may disc...
SKF continues the preparations for the separation of its Automotive business; initiates consent solicitation
GOTHENBURG, Sweden, Feb. 7, 2025 /PRNewswire/ -- In September 2024, SKF announced the decision to initiate a separation of its Automotive business with the objective of a separate listing on Nasdaq Stockholm through a Lex Asea distribution to its shareholders. As the separation process continues...
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