Mining/Metals
Caterpillar Launches Bigger, More Competitive Global Operator Challenge
Contest will spotlight operator skills, incorporate wider range of construction machines in nearly 40 countries DEERFIELD, Ill., Feb. 16, 2022 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) invites machine operators around the globe to put their skills and precision to the test in the 2022-2023 Gl...
Auteco Minerals Resource increases by 500,000oz to 2.23Moz at 7.8g/t in 6 months
KEY POINTS * Highly successful drilling campaign results in the Inferred Resource at Pickle Crow increasing by 514,000oz to 2,230,000oz at 7.8 g/t gold * The +30% increase comes just six months after the previous resource update * Since September 2020, AuTECO has added 1.2Moz of Inferred R...
Otis Taiwan Wins Elevator World Project of the Year Award for Taichung Mass Rapid Transit Green Line
* Otis installed 117 heavy-duty escalators and 59 elevators at 18 stations along the new Taichung Mass Rapid Transit Green Line * Elevator World recognized Otis' role in the Taichung MRT project with its 2022 Project of the Year Award in the Escalators, New Construction category TAIPEI, Feb. ...
Highly popular Ponsse Studio online events continue - we invite you to join!
HELSINKI, Finland, Feb. 14, 2022 /PRNewswire/ -- Ponsse to demonstrate the next generation's harvester head Ponsse strengthens its position as one of the leading harvester head manufacturers by introducing the completely new PONSSE H8 harvester head. Featuring a strong feed, the strong next gene...
Highly popular Ponsse Studio online events continue - we invite you to join
HELSINKI, Feb. 14, 2022 /PRNewswire/ -- Ponsse strengthens its position as one of the leading harvester head manufacturers by introducing the completely new PONSSE H8 harvester head. Featuring a strong feed, the strong next generation's harvester head, when equipped with the Active Speed function...
KraftPal Technologies Raises US$123.9 million from Pasaca Capital
MARIBOR, Slovenia, Feb. 11, 2022 /PRNewswire/ -- KraftPal Technologies (KraftPal) announced today a US$123.9 million equity investment from Pasaca Capital Inc. (Pasaca),a California-based private equity firm, which will allow KraftPal significantly to expand the production of itslightweight, eco-...
Atlantic Nickel delivers record operational and financial performance in 2021
LONDON, Feb. 9, 2022 /PRNewswire/ -- Atlantic Nickel ("Atlantic Nickel" or the "Company") and Appian Capital Advisory LLP ("Appian") are pleased to announce record operating and financial performance in 2021 at the Company's Santa Rita nickel sulphide mine ("Santa Rita" or the "Mine") located in ...
Elkem ASA - A record fourth quarter concludes Elkem's best year ever
OSLO, Norway, Feb. 9, 2022 /PRNewswire/ -- In the fourth quarter 2021, Elkem has again delivered new record results. Strong market conditions, combined with an integrated business model and attractive market positions, have provided the basis for Elkem's best year ever. The board of directors has...
OMRON Announces its Future Manufacturing Innovation Concept based on Evolution of "innovative-Automation"
SINGAPORE, Feb. 9, 2022 /PRNewswire/ -- OMRON Corporation (HQ: Shimogyo-Ku, Kyoto. President and CEO: Yoshihito Yamada) has announced the future course of "innovative-Automation", OMRON's manufacturing innovation concept, as the direction of manufacturing evolution for its next decade in light of...
Universal Robots reports record annual revenue of over $300m
ODENSE, Denmark and SINGAPORE, Feb. 9, 2022 /PRNewswire/ -- Universal Robots
India Manufacturing Excellence Awards 2022 will Identify and Recognize Future-Ready Factories
MUMBAI, India, Feb. 8, 2022 /PRNewswire/ -- The 18th edition of Frost & Sullivan 's India Manufacturing Excellence Awards (IMEA), the country's earliest and the most respected, assessment-based manufacturing award, will take place onDec. 9, 2022. Operational excellence optimization has never been ...
Nel ASA: Receives contract for containerized electrolyzer and hydrogen refueling equipment
OSLO, Norway, Feb. 4, 2022 /PRNewswire/ -- Nel Hydrogen US, a subsidiary of Nel ASA (Nel, OSE:NEL), has received a contract for a containerized PEM electrolyzer and light duty hydrogen fueling station package from a leading power and gas utility inthe United States. Nel Hydrogen US has received ...
SKF Year-end report 2021
GÖTEBORG, Sweden, Feb. 3, 2022 /PRNewswire/ -- Q4 2021 Net sales: SEK 20,986 million (19,572) Organic growth: 4% (0%) Adjusted operating profit/margin:SEK 2,260 million, 10.8% (2,582, 13.2%) Full year 2021 Net sales: SEK 81,732 million (74,852) Adjusted operating profit/margin: SEK 10,839 mi...
SKF presents new strategic framework, including a decentralized operating model
GOTHENBURG, Sweden, Feb. 3, 2022 /PRNewswire/ -- Rickard Gustafson, President and CEO: "SKF has something that very few industrial companies have: a deep understanding of almost all industrial applications. Everywhere there is rotation, there is a good chance that SKF products, capabilities and ...
Value-Added Services for Connectivity, Data Management, and IIoT Platforms will Drive Smart Manufacturing Spend to US$950 Billion in 2030
NEW YORK, Feb. 2, 2022 /PRNewswire/ -- According to global technology intelligence firmABI Research, spending on smart manufacturing will grow from US$345 billion in 2021 to more than US$950 billion in 2030 as manufacturers advance their digital transformation initiatives. This market refers to ...
Zeus Launches PTFE Sub-Lite-Wall® Multi-Lumen Tubing for Steerable Catheters
New Multi-Lumen Tubing Helps Simplify Steerable Catheter Construction, Reduce Manufacturing Steps, and Improve Yields ORANGEBURG, S.C., Feb. 2, 2022 /PRNewswire/ -- Zeus, the global leader in advanced polymer solutions, announced today that it has added PTFE Sub-Lite-Wall ® multi-lumen tubing to ...
Industry-Driven Demand for Automation to Boost Operations and Productivity Spurs Global Machine Vision Market
APAC will remain largest and fastest-growing market for machine vision systems over the forecast period due to growing industrialization in the region, says Frost & Sullivan SAN ANTONIO, Jan. 27, 2022 /PRNewswire/ -- Frost & Sullivan's recent analysis, Global Machine Vision Growth Opportunities,...
VAT HOLDS GROUNDBREAKING CEREMONY FOR ITS PHASE THREE FACTORY EXTENSION IN MALAYSIA
GEORGE TOWN, Malaysia, Jan. 27, 2022 /PRNewswire/ -- Swiss-based VAT Group AG, the world's leading supplier of high-performance vacuum valves, today held a groundbreaking ceremony to initiate the extension of its production facility in Penang, Malaysia. The new plant will cover an area of about 39...
GM and LG Energy Solution Investing $2.6 Billion to Build 3rd Ultium Cells Manufacturing Plant in Lansing
* 2.8 million-square-foot facility in Lansing, Michigan expected to create 1,700 new manufacturing jobs * Ultium Platform driving GM's commitment to an all-electric future LANSING, Mich., Jan. 26, 2022 /PRNewswire/ -- Ultium Cells, a joint venture of LG Energy Solution and General Motors, tod...
International Day of Education 2022: Zoomlion's Onsite Engineering Certificate Program Promotes Future Industry 4.0 Talent
CHANGSHA, China, Jan. 24, 2022 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion"; 1157.HK) is taking steps to launch its Onsite Engineering Certificate Program (OECP) to celebrate this year's International Day of Education themed, "Changing Course, Transforming E...
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