Vesconite Bearings’ grease-free polymer bearings and wear parts for the marine industry will be even more widely available from August 2019. This follows the introduction of additional warehousing in Dubai, which adds to Vesconite Bearings’ global warehousing and stocking-distribution capacity located in the US, UK, Netherlands, New Zea…
Schaeffler India Kotak has come out with its fourth quarter (January-March’ 19) earnings estimates for the Automobiles sector. The brokerage house expects Schaeffler India to report net profit at Rs. 111 crore down 0.7% year-on-year (up 4.3% quarter-on-quarter). Net Sales are expected to increase by 5 percent Y-o-Y (down 1.5 percent
The range of belt distribution kits consists of 22 references. NTN-SNR enriches its motor offer by launching 22 distribution chain kits on the market . This range is intended for the most popular European and Asian vehicles, covering the mos
Net Sales are expected to increase by 4 percent Y-o-Y (up 4.9 percent Q-o-Q) to Rs. 785.1 crore, according to Kotak. SKF India Kotak has come out with its fourth quarter (January-March’ 19) earnings estimates for the Automobiles sector. The brokerage house expects SKF to report net profit at Rs. 84.9 crore up 5% year-on-year (up 3.3
Emerson, a technology and engineering company, has completed the purchase of Zedi’s software and automation business Lal Karsanbhai, executive president of Emerson’s automation solutions business. (Image source: Emerson) The addition of Zedi’s cloud supervisory control and data acquisition (SCADA) platform will further enable…
Bearing manufacturer Koyo is having a hard time. Since the financial situation in the current year is unfavorable for the company, staff costs should be reduced. The union is skeptical. In 2015, the crisis seemed to be overcome. The management wanted to reduce the number of employees from 630 to 520 in the branch of the Japanese Jtekt Group…
Global automotive and industrial supplier Schaeffler has published its Sustainability Report for the 2018 financial year. The report, which is themed “Making progress visible”, provides a transparent and detailed overview of the company’s sustainability work in each of its four strategic fields of action: “Sustainable Management”, “…
GOTHENBURG, Sweden , July 12, 2019 /PRNewswire/ -- SKF has extended its sponsorship of Gothia Cup. SKF will continue as main partner fo
With its acquisition of Zedi’s software and automation businesses, Emerson is getting hold of the cloud-based monitoring, control, and optimization needed to help oil and gas producers make sense of the data being gathered through all the sensors out in the field. Emerson, which is heavily invested in serving the oil and gas market,
The Schaeffler Group has now commenced volume production of its INA lightweight balancer shaft for the new Mercedes-Benz OM 651 high performance diesel engine, leading to a valuable reduction in fuel consumption. The Schaeffler G
The automotive industry is shifting for
everyone, bearings manufacturers
included. Here’s what you need to know
to make sure you’re shifting with it.
