Bearings Ltd., a Long Island, NY-based supplier of bearing and power transmission products, will relocate its distribution center from 3777 Business Park Drive in Columbus, OH, to 5820-5860 Clyde Moore Drive in Groveport. The 61-year-old company purchased the Greenpointe...
The Timken Company (NYSE: TKR) today announced plans to expand production capacity at its Tyger River facility in Union, S.C., to serve the wind energy market. The investment is part of a strategy to strengthen Timken¡¯s position to serve growing global demand for...
Kaydon today announced an internal reorganization focused on driving organic growth within its custom turntable bearing business serving the wind energy market and accelerating profitable international expansion within its Friction Control Products segment.
This...
The Timken Company (NYSE: TKR) today reported record third-quarter sales of $1.48 billion, an increase of 18 percent over the same period a year ago. During the quarter, the company benefited from the favorable impact of surcharges, pricing and currency, as well as...
SKF Agri Hub, an extremely robust unit for independent tillage discs, is developed to meet demands from the agriculture industry for increased productivity, cost reduction and conservative care of the environment.
As efficient soil cultivation is at the heart of...
Mahle GmbH (Germany) Clevite Bearings division has released a completely revised series of online web-based education and training courses through its Clevite eLearning Center.
The courses cover Clevite engine bearings and Perfect Circle piston rings. Originally...
NTK Precision Axle Corp. (USA) said it will expand its Frankfort, Indiana plant and hire additional workers to meet rising demand.
In operation since 2004, the NTK plant currently employs just under 200 workers producing CV joint axles and components for wheel bearing...
Ryder-Heil Bronze (USA, privately held;) has been acquired by an employee of the company, Herb Kleine.
Mr. Kleine acquired the company from three other owners, all Ryder-Heil employees themselves. The trio had acquired Ryder-Heil in 1994 from Raymond Heil. Mr. Heil in...
SKF announces plans to transfer the manufacturing of automotive seals products from its facility in Elgin, Illinois, United States to other SKF seals factories in Mexico and the US. The consolidation is necessary to remain competitive in the US automotive market.
The...
Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported today that the U.S. imported a total of 2,458,000 net tons (NT) of steel in February 2008, including 1,905,000 NT of finished steel (down 8 and 14 percent, respectively, vs. January final data). Total...
The market for bearings, a vital component of machinery in various industries, is directly related to industrial growth. Demand increases in sync with the level of industrial activity. Growth trends are closely linked to GDP trends as bearings are used in almost all engineered or capital goods...
