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Industry News
2019
02 Sep
Is ABB Finally in Turnaround Mode?

The European industrial giant has upside potential, but it could take a long time for it to be realized, and its end markets are looking pressured. Value investors will be looking at ABB (NYSE:ABB) for a number of reasons, not least of which is its eye-catching forward dividend yield of 4.3%. Throw in the argument that the company's sig…

2019
30 Aug
Freudenberg Meets High Chinese GB Standards

When it comes to food, we want to be sure that it is free of harmful substances. In order to guarantee food safety, not only the food itself, but also the materials that come into contact with it must meet particularly stringent criteria. This also applies to sealing materials. In China, specific standards were created in 20

2019
30 Aug
New precision bearings set for take-off at DSEI 2019

On the eve of DSEI, Carter Bearings, one of the UK’s best-known suppliers of high precision aerospace, defence and space system bearings has announced the arrival of two new additions to its portfolio.

2019
30 Aug
New Radial Ball Bearings Can Withstand in Extreme Environments

Available in four types: deep groove, angular contact, spherical and thrust bearings         Features ZrO2 (Zirconia) Ceramic balls and are FDA/UDSA/3A Dairy compliant Working temperature ranging from -80OC to 400OC and are ideal for FDA/USDA, medical, bio/pharma, aer

2019
30 Aug
Wind turbine reliability dashboard co-developed by SKF and Boralex will help reduce operating costs

SKF and Boralex jointly announce the co-development of a new solution for wind turbine operators named “Wind Reliability Dashboard”. This combines data from multiple sources, including condition monitoring and manufacturing information for spare parts, allowing operators to optimise the efficiency of each wind farm, as well as improving r…

2019
30 Aug
Schaeffler to work with SAP to improve digital efficiency

Schaeffler plans to work with business software group SAP to further develop its IT systems and step up digital transformation to improve efficiency.

2019
30 Aug
Timken Co (NYSE:TKR) Sees Large Decline in Short Interest

Timken Co (NYSE:TKR) saw a large decrease in short interest during the month of August. As of August 15th, there was short interest totalling 985,600 shares, a decrease of 14.0% from the July 15th total of 1,145,500 shares. Based on an average daily volume of 664,000 shares, the days-to-cover ratio is currently 1.5 days. Approximately 1.5% of t…

2019
29 Aug
Lubrication-free bearings keeping solar panel cleaning efficient

                                          The hyCLEANER black SOLAR enables easy semi-automatic cleaning with a radio remote control.

2019
29 Aug
New NSK bearings for steel mills

NSK's new four-row tapered roller bearing for rolling mill shafts significantly extends the life of steel mill equipment while reducing energy consumption.  The harsh operating conditions of equipment in steel mills require reliable components that should help reduce costs and energy consumption. On rolling mills, pairs of work rol…

2019
29 Aug
Crisis in the automotive industry: Schaeffler reduces working hours

The supplier Schaeffler, which has been affected by the slump in the automotive industry, has to extend its contingency plan . From December, the contracts for employees whose working time has been increased from 35 to 40 hours will be repatriated. The reduction applies to the first divisions, and then the same measure should be taken in ot…

2019
29 Aug
With Energiency, SKF saves energy

On the occasion of a pitch, the start-up Energiency presented its energy intelligence offer to SKF, the world specialist in ball bearings. The industrialist is seduced. The young company deployed a proof of concept in the manufacturer's factory in Saint-Cyr-sur-Loire (Indre-et-Loire). " The AI is used to

2019
29 Aug
ABB expansion bringing good-paying jobs to Mebane

ABB, a multi-national corporation with roots in Switzerland and Sweden, was founded 130 years ago. The compan

2019
29 Aug
New Economical XYR Alignment Stages Come with Two-Phase Stepper Motor

Features linear resolutions of the X and Y axis of 0.25µ, 1.5µ repeatability, 5µ positional accuracy, and 2µ backlash Available XYR-01-01 and XYR-01-02 models with 60 mm diameter theta stage driven by a 90:1 precision worm gear and 100 mm diameter theta stage driven by a precision 180:1 worm gear respective

2019
29 Aug
Polygon to showcase surgical tubing at MD&M Minneapolis

Polygon Composites Technology, a producer of composite tubing, bearings, and cylinders will exhibit its tubing for surgical applications at Medical Design & Manufacturing (MD&M) Minneapolis. PolyMed Composite Tubing can be used in a diverse array of medical applications. This include placement on electro-s

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