Guidance for the year 2020 has been suspended A package of measures is being implemented to manage the crisis New guidance will be issued at a later date Due to the worldwide spread of the corona crisis and the resulting measures and restrictions, the Management Board of Schaeffler AG today suspended the guidance for the 2
General Motors, Ventec Life Systems, and StopTheSpread.org, are collaborating, in an effort to allow Ventec to increase production of its respiratory care products during the COVID-19 pandemic.. “We are working closely with Ventec to rapidly scale up production of their critically important respiratory products to suppo
MRO Magazine reached out to several industry associations to find out how COVID-19 is impacting their industries and members. As well as asking them how they are helping their members cope with the pandemic. Power Transmission Distributors Association (PTDA) Ann Arnott, CEO, PTDA said “PTDA’s members ensure companie
Smalley recently announced the launch of a Smalley Web Store and Live Chat for U.S. based visitors. Online ordering of wave springs, retaining rings, and constant section rings is now available at the website below. After creating an account, approved users have access to: • Convenient 24/7 ordering online
The demand for high accuracy and robust gantries is met with IntelLIDrives newly designed XY gantry that addresses the unique needs of multitude of industries including semiconductor, medical, and military/aerospace. Very precise fine positioning and control is easily achieved with servo controllers compatible with EtherCAT, CANOpe
NFI Group Inc. says about 6,500 employees will be affected by idling a majority of its facilities for a two-week period starting March 30, if not sooner, as it works to deal with the impact of the COVID-19 pandemic. The bus maker, which has 9,000 employees in 50 facilities across 10 countries, says during that period it will assess whether …
New Gold Inc. is closing its Rainy River Mine near the U.S. border in western Ontario for two weeks so that its workers can follow the 14-day self-isolation period recommended for those who have travelled outside Canada. The Toronto-based mining company says about 70 per cent of the workforce at the mine near Fort Frances are local resident…
After announcing the closure of all non-essential businesses in the province on Ontario, the provincial government has released a list of what it deems to be essential businesses. Maintenance, manufacturing and production, as well as resource sector businesses have all been named as essential, and as such are allowed to continue operating. …
The American Gear Manufacturers Association (AGMA) welcomes four new members to its board of directors. These directors will serve a three-year term (2020-2022). The new board members were elected by AGMA corporate members in the first quarter of 2020, and were to be announced at the recently canceled AGMA/ABMA Annual Meeting. &nbs
Currax and Siemens are moving to Industry 4.0 with their new pilot project using Simotics Connect 400. In the future, the innovative connectivity module will enable direct transfer of operating data to a cloud-based app that promises increased efficiency and extended component life. “Thanks to this project, our customer
The federal government is offering up cash to Canadian companies that retool operations or quickly expand to produce medical equipment needed to cope with the multiplying cases of COVID-19 across the country. The plan will support manufacturers that change their assembly lines from making auto parts, for instance, to ventilators, masks and oth…
Longview Aviation Capital Corp. says it’s suspending new production of Dash 8-400 and Series 400 Twin Otter aircraft in a move that will affect nearly 1,000 employees. The company says about 800 employees or 65 per cent of De Havilland Aircraft of Canada Ltd.’s current workforce, which produces the Dash 8-400 at the company’s Do…
Ontario Premier Doug Ford is ordering the closure of all non-essential businesses in the province to help deal with the spread of COVID-19. He says the order will be effective Tuesday at 11:59 p.m. and will be in place for at least 14 days. Ford says the next 36 hours will give non-essential businesses the chance to prepare. He says…
As a precautionary measure in this uncertain economic environment, the Board of Directors of AB SKF has decided to propose to the Annual General Meeting that the dividend be changed from SEK 6.25 per share to SEK 3.00 per share. The Board’s current intention is to call for an extraordinary general meeting during the se
Mining companies invest huge sums into their equipment, which needs to deliver high output round the clock. Planned maintenance plays an important role in sustained reliability and many companies rely on it to deliver continued productivity. Sulzer’s service centers in Gillette and Phoenix offer the overhaul of wheel motors as well as th
Eaton Cummins Automated Transmission Technologies has announced it is expanding its Endurant automated transmission lineup with the introduction of the all-new Endurant XD series. The Eaton Cummins Endurant XD series are purpose-built, high-performance automated transmissions designed for on-highway applications w
Toronto’s transit agency says one of its employees has tested positive for COVID-19. The Toronto Transit Commission says the employee worked at a maintenance shop for buses. TTC CEO Rick Leary says the employee had returned from vacation and worked one shift on March 11 before being sent home sick. Leary says between 130 and 170 e…
