In a recent freewheeling chat Suresh KV, President, ZF India, raising concerns over the demand crunch, informed ETAuto’s Nabeel A Khan that it has adopted 20% production cut in September, however, things may look better from next month onwards. In long term like 4-5 years, it aims to double or triple its revenue. <
Prices are rebounding after Wednesday's fall, supported by supply issues in Chile, which could protect the downside in copper, ANZ analyst Soni Kumari said. Copper prices in London rebounded from a two-week low on Thursday as lower stockpiles and supply uncertainty in top producer Chile helped
Under this partnership, the two companies will engage in joint research and development, with Danfoss also supplying power modules for silicon applications. ZF Friedrichshafen AG and Danfoss Silicon Power GmbH have signed a new strategic partnership for silicon and silicon-carbide po
Global marketing intelligence firm IDC has revealed its manufacturing insights for 2020. Manufacturing Insights' 2020 Worldwide Manufacturing Predictions shows what it expects to impact manufacturers' IT investments in 2020 and beyond. "Manufacturing companies are transforming from eff
Siemens Digital Industries Software has announced a collaboration with The Absolut Company regarding Siemens Opcenter Executionsoftware, part of the Siemens Digital Enterprise Suite, Manufacturing Execution System (MES) solution. The company will conduct a pilot of Siemens Opcenter Execution Process (formerly k
Shock absorbers ensure that a car’s wheels stay on the road, making them a key safety element in any model. A new design concept from Freudenberg Sealing Technologies simplifies the installation of the seal between the housing and the piston rod inside the absorber. The wedge-shaped seal also reduces friction, leading to less
With a service life of up to 1,900 hours, the Demag DC-Pro electric chain hoist includes safety and performance features that reduce downtime, increase duty cycles, ease maintenance and improve ergonomics. Many components are maintenance free for up to 10 years. These features allow the hoist to be more productive and result
It says that through this initiative, the company aims to contribute significantly in creating a robust mobility ecosystem in India. oyota Mobility Foundation (TMF) has partnered with WRI India Ross Center for Sustainable Cities to initiate Station Access and Mobility Program or STAMP, the com
The inaugural Industrial Transformation Mexico (ITM 2019) is the first Hannover Messe industrial technology event organized in Mexico and Latin America. This follows the staging of Hannover Messe USA 2018 alongside IMTS in Chicago. ITM 2019 showcased smart manufacturing and digital transformation in Mex
BDT Capital Partners has informed Schaeffler AG that BDT Capital Partners has acquired approximately 25 percent of the outstanding non-voting common shares of Schaeffler AG. BDT Capital Partners, a Chicago-based merchant bank, was founded in 2009 by Byron D. Trott and focusses on investments in family-owned businesses. <
TT Electronics, a global provider of engineered electronics for performance critical applications, announced a new partnership with Wittra Sweden AB, a developer of location intelligence technology for the Internet of Things (IoT). The collaboration brings together the expert engineering, design and manufacturing skills of TT
According to B&R, as part of ABB's Robotics & Discrete Automation business, B&R will be introducing ABB robots as an integral feature of its automation landscape at the SPS trade fair. Machine builders will be able to buy robots and their machine control system from a single source. B&R will also be among
The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today declared a quarterly cash dividend of 28 cents per share. The dividend is payable on Dec. 4, 2019, to shareholders of record as of Nov. 22, 2019.
Boosted lubrication capability delivers long-term maintenance-free operation. NSK Ltd. (NSK; Headquarters: Tokyo, Japan; President & CEO: Toshihiro Uchiyama) released the original groundbreaking NSK K1 lubrication unit in 1996. The product was the first linear guide lubrication solution of its type on th
NTN Corporation would like to extend our sympathies to all who have been affected by Typhoon Hagibis (No.19) and express our deepest condolences to those who lost loved ones. To assist in the earliest possible recovery of the people and the affected areas, we at NTN Corporation and the Group companies will d
Forest City Gear has expanded its capacity for the shaping of high precision internal and external gears with the addition of the latest Gleason GP300ES Gear Shaping Machine. The new GP300ES is the first machine of its kind in North America featuring an increased cutter spindle speed of 1,500 strokes per minute, giving
The Electrical Apparatus Service Association (EASA) announces its Spring 2020 training seminar schedule. Offered in various locations around the United States, EASA's industry-specific training pools more than 100 years of rotating equipment knowledge from EASA's technical support staff. Participants have an opportuni
