2021
26 Jan
Virtual IPPE Expo Preview: NORD

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NORD DRIVESYSTEMS will be attending the virtual 2021 International Production & Processing Expo (IPPE) from January 25th – January 29th, showcasing several solutions that are speci…

2021
26 Jan
Schaeffler to refinance upcoming debt maturities

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Bond issue with total volume of EUR 1.5 billion

Issuance proceeds to be used for refinancing of upcoming debt maturities

Treasury management exercise results in enhanced debt maturity profile for the Sc…

2021
26 Jan
Schaeffler sells Schaeffler Bio-Hybrid GmbH under management buyout (MBO) deal

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Managing directors of Schaeffler Bio-Hybrid GmbH and venture builder meisterwerk ventures GmbH take over Schaeffler Bio-Hybrid GmbH

All jobs in Nuremberg and Munich to be retained

Bio-Hybrid volume prod…

2021
25 Jan
Taiwan says asking chip firms to help ease auto chip shortage

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Taiwan's Ministry of Economic Affairs said on Sunday it has received requests through diplomatic channels to help ease a shortage of chips for the auto sector and that it h…

2021
25 Jan
Will use alternatives, Nitin Gadkari warns steel ‘cartel’ on price hike

Road transport and highways minister Nitin Gadkari on Saturday threw a googly at the steel industry, saying his ministry will allow use of “synthetic fibre” and “composite fibre” bars in place of steel products for building roads and bridges to reduce cost in the face of “artificial” hike in price of the k…

2021
25 Jan
Altra and MTEK Form Strategic Partnership

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Altra Motion, a premier global designer and manufacturer of motion control and power transmission solutions, has formed a strategic partnership with factory intelligence and software spe…

2021
25 Jan
A strong partner network is a success factor for Schaeffler OPTIME

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Development in the partner network combined leading technologies and high expertise to create the OPTIME condition monitoring solution

Minimum outlay and costs for the user – maximum quality of information<…

2021
22 Jan
Amazon makes Alexa Custom Assistant available in India

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 Amazon on Thursday announced Alexa Custom Assistant, a new solution that lets device makers and service providers create intelligent assistants tailored to their brand pe…

2021
22 Jan
Lumax Industries appoints Todd Morgan as Chief Technology & Innovation Officer

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 Lumax Industries Limited, the flagship of the DK Jain Group, has appointed Todd Morgan as the chief technology and innovation officer. He will report to Vineet&…

2021
22 Jan
TCI Precision Expands Standard Machine-Ready Blanks Offering

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TCI Precision Metals has expanded its offering of Standard Machine-Ready Blanks and added a new, easy to use, online store, www.shop.tciprecision.com. Customers can now search and s…

2021
22 Jan
AWEA Merges Into American Clean Power Association

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Renewable energy is already operating at scale and is on track to triple its reach in the U.S. over the next 30 years. The American Clean Power Association is the voice of the companies …

2021
22 Jan
NTN Launches 3D Modeling and Linear Configurator Tools

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NTN Bearing Corporation of America is pleased to announce the launch of three web-based tools for its NTN Automation division. This suite of interactive tools was recently launched to co…

2021
22 Jan
SKF’s year-end results to be published on 2 February

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SKF will publish its year-end results for 2020 on 2 February 2021 at approximately 13:00 (CET).

Investors, analysts and media are invited to join a Webcast, with the opportunity to…

2021
21 Jan
Faulhaber Offers Drive Solutions for Robotics Industry

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Today, a world without robots is inconceivable. The areas of application that require process safety, reliability and economic efficiency from these robots are equally manifold. The driv…

2021
21 Jan
ITW to Acquire MTS Systems Test and Simulation Business

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Illinois Tool Works Inc. and Amphenol Corporation recently announced that they have entered into an agreement under which ITW will acquire MTS Systems Corporation’s Test & Simulati…

2021
21 Jan
Timken to Announce Fourth-Quarter and Full-Year 2020 Financial Results on Feb. 4

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The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will release its 2020 fourth-quarter and full-year financial r…

2021
21 Jan
Schaeffler demonstrates pioneering spirit and innovation, and is instrumental in shaping the fully-electric future of the DTM

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Schaeffler is the new Series and Innovation Partner of the German Touring Car Masters (DTM)

As preferred technology partner, Schaeffler is contributing to the electrification of the DTM with electric drive sy…

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