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Industry News
2019
20 Aug
CCI imposes Rs 17 crore fine on JTEKT Corp

NEW DELHI: The Competition Commission of India (CCI) has imposed more than Rs 17 crore fine on Japan’s JTEKT Corp and its Indian subsidiary for cartelisation with NSK Ltd in supply of electric power steering systems to automotive manufacturers. The regulator decided not to impose any penalty on NSK and its Indian subsidiary as the company…

2019
20 Aug
Schaeffler Iberia supports Formula Student 2019

Schaeffler Iberia supplies the bearings for the transmission of the electric car “Formula Student 2019” from UPM Racing. The students of the Polytechnic University of Madrid presented, on July 30, the car with which they will compete in the Formula Student 2019 . This international competition brings together engineering students …

2019
20 Aug
Emerson announces HART-IP support for AMS Device Manager

August 19, 2019 – Emerson has expanded AMS Device Manager with HART-IP support, to connect with devices and control systems. AMS Device Manager is used by thousands of facilities to streamline installation of field devices during capital projects, increase safety system uptime, and safely test devices from the control room.  By eliminati…

2019
19 Aug
Mindless vandals cause extensive damage with ball bearings in Burntisland

The hunt is on for vandals who caused hundreds of pounds worth of damage to property in Burntisland. Police say they have responded to several reports of windows being cracked or smashed in and around the town centre in recent weeks, with the culprits apparently using some kind of BB gun or slingshot to fire sma

2019
19 Aug
New Mondraker F-Podium now available from Silverfish

  Three years in the making, Mondraker has announced the launch of its new faster, lightweight XC race bike, the F-Podium. Instead of simply adding its award-winning Zero Suspension system to the world cup ready Podium hard tail, the brand rethought its approach to this bike which culminated in a three year journ

2019
19 Aug
Schaeffler and ZF in Schweinfurt open on Brückentag

The automotive suppliers Schaeffler and ZF at Schweinfurt have agreed with some of their employees that they stay home on Friday and Saturday. The reason is sales declines. The auto industry is weakening. Schaeffler and ZF have released a part of their employees on the day of the bridge after

2019
19 Aug
Sustainable tourism with ABB technology

ABB’s innovative technology is helping people explore the world in environmentally-friendly ways International tourist arrivals are expected to reach a staggering 1.8 billion in 2030. This is a jump of about 29 percent from 2018, according to the World Tourism Organization, the United Nations agency responsible for the promotion of respon…

2019
16 Aug
Workshop and sales trends in the bike trade with Cycle Tech

As the bike retail industry continues to evolve at speed, Martin Wilkins, founder of Cycle Tech UK’s large national network of independent bicycle repair specialists, provides us with the view from the mobile mechanic, the opportunities there are from working more closely with bike shops, and the need for more

2019
16 Aug
35% off Fulcrum Speed 40 C17 with Free Gift

If you're looking for some excellent wheels to complement a high-end climbing frameset, Fulcrum's Speed 40 would be an excellent buy. Prep for Winter Riding - Huge Deals on Lights The rims feature an excellent braking track that is textured with grooves to aid heat dissipation and removal of water from the brake track.

2019
16 Aug
RBC Bearings Acquires Swiss Tool Systems

RBC Bearings Inc. (Nasdaq: ROLL), Oxford, Connecticut, has acquired Swiss Tool Systems AG, Bürglen, Thurgau, Switzerland, for approximately CHF 33 million ($33.9 million), to be financed through cash on hand and debt. Swiss Tool Systems is a supplier of modular tooling systems and high-precision boring a

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