Ontario Teachers’ Pension Plan has signed a US$300-million deal investment deal with New Gold Inc. Under the agreement, the pension fund will acquire a 46 per cent free cash flow interest in the New Afton gold-and-copper mine. Ontario Teachers’ has an option to convert the interest into a 46 per cent joint venture interest after four y…
One of the largest components manufactured by Schaeffler last year was a double-row tapered roller bearing featuring an outer diameter measuring 3.6 meters and a weight just over nine tons. This bearing is used to support the main shaft in an offshore wind turbine. Although this bearing is currently used in overseas markets, it is
On March 3, 2020, NSK Ltd. (NSK; Headquarters: Tokyo, Japan; President & CEO: Toshihiro Uchiyama) was selected as a “Nadeshiko Brand” by the Tokyo Stock Exchange and Japan’s Ministry of Economy, Trade and Industry (METI). The Nadeshiko Brand is the highest-rank designation reserved for outstanding companies in terms
MTConnect Institute board of trustee members Stephan Biller, Ph.D., and Tom Kurfess, Ph.D., were elected in February to the National Academy of Engineering (NAE) in recognition of professional excellence in engineering. Members of NAE are elected by their peers for outstanding contributions to research, practice, education, technology, a
Very often the report of a hot bearing is based on someone putting their hand on the housing and it “feels” hot. So what temperature should a bearing be running at? Predicting an Operating Temperature What temperature does a bearing operate at? This is a magical question and it is more about heat transfer than abo
Recently, I was asked was what to do with bearings after they have been installed into a machine. In context, users will rebuild an asset, such as a pump or a motor, and then store it until needed. The time of storage of such assets could be two or three years. The Question Is, Do We Preserve the Assembled Bearings?
More than 100 people protested outside a mining convention Sunday in downtown Toronto, where they blocked traffic on multiple roads and stood in front of entrances to the event. Organizers said they were demonstrating against the harmful effects of resource extraction to the environment and to Indigenous lands. At one point, prote…
Trevor Schnell tries to stay positive, but it’s hard. As mayor of Coronach, a tiny southern Saskatchewan town near a power station and a coal mine, he estimates more than 50 houses are up for sale and people are leaving. Coal and power are what drive the community, he says, and with the planned phaseout of traditional coal, the town does…
Jazz Aviation says an Air Canada Express flight bound for Vancouver had to make an unscheduled landing shortly after leaving San Francisco International Airport Sunday morning due to a smoke alarm. Company spokesperson Manon Stuart says crew members on flight AC8839 the rear lavatory smoke detector went off shortly after taking off at 8:18 …
Bellofram Elastomeric Division, which makes and markets products as Bellofram Silicones and Bellofram Diaphragm, is responding to recent growth with the hiring of two new regional sales managers. Jared Krieg and Zachary Ridenour began their new roles in the new year. Krieg and Ridenour will promote Bellofram elastomer p
Wajax Corporation has acquired Calgary-based NorthPoint Technical Services ULC. “We are extremely pleased to welcome NorthPoint and its team of dedicated professionals to Wajax,” said Mark Foote, President and CEO, Wajax. “The addition of NorthPoint gives our ERS platform strengthened national coverage, complementing the expanded foot…
American factories expanded in February for the second straight month, despite disruptions caused by the coronavirus outbreak. The winning streak, however, may prove short-lived. The Institute for Supply Management, an association of purchasing managers, said Monday that its manufacturing index registered 50.1 last month. That is down fr…
AB SKF’s Annual Report 2019 has today been published on the Group’s website. The report focuses on SKF’s operations and value creation for customers, employees, shareholders, the environment and surrounding communities. Sustainability is embedded in SKF’s business and is an integrated part of the Annual Repo
I’ve always loved to design and build things. Growing up, I was constantly sifting through piles of Lego bricks in search of the right sizes and colors to match the images and ideas that danced in my head. Who needs instructions? I was all about exploring the limits of my imagination to come up with interesting designs that weren’t ne…
Worldwide Electric, LLC has acquired Louis Allis, a specialty motor company based outside of Birmingham, Alabama. Both companies take pride in their customer-centric approach and long history of motor expertise. The combination of the two companies establishes a single source for a full range of reliable standard off-the-shel
SKF ball bearings for electric motors have been introduced as alternatives to standard bearings by generating significantly less friction and reducing energy consumption. These deep groove ball bearings join a growing family of SKF energy efficient bearing solutions. The bearings exhibit 30 to 50 percent lower friction compar
Boca Bearing Company is introducing a new line of full ceramic bearings, ceramic hybrid bearings and lubricants catered towards the automation and advanced manufacturing industries. Boca Bearing's ceramic bearings can be used in varieties of manufacturing environments ranging from extreme temperatures, high speeds to heav
