SKF, the leading knowledge engineering company, has launched the latest addition to its Microlog range of handheld instruments, the Analyzer AX. The innovative device can be used for a variety of data collection tasks and can be customised to meet the needs of individual...
SKF, the leading knowledge engineering company, has launched the third generation version of its successful wind turbine condition monitoring system. SKF WindCon 3.0 is designed to enable wind farms to extend turbine maintenance intervals, manage resources more effectively,...
Minebea Co., Ltd. and Minebea Motor Manufacturing Corporation this month will start a new speedy delivery service for their hybrid-type stepping motors (hereinafter referred to as the "HB stepping motors") in Japan. This service, exclusively available in Japan for the time...
NSK Ltd, Japan¡¯s largest manufacturer of bearings, plans to dismiss about 2,000 temporary workers, about 80 percent of such staff, at the group¡¯s domestic plants by March, company sources said Tuesday.
Bearing demand from automakers and computer chip manufacturers...
FIT Bearings is pleased to announce a new effort to maximize savings for OEMs by expanding towards more "Made-to-Order" products.
We know that, both the U.S. economy and world economy are struggling right now. We also know that OEMs will be looking to lower costs and to...
SKF will provide Tesla Motors with bearings for the Tesla Roadster sports car.
The Roadster is a stylish two-seater car that does 0 to 60 in 3.9 seconds - yet burns no oil. It doesn't even have a tailpipe. According to the US Environmental Protection Agency's certified...
For its entire operational life in the UK, R. A. Rodriguez has enjoyed a highly successful relationship with KAYDON®. The result is echoed in year-on-year sales increases of KAYDON® bearing products in the UK, Ireland and Scandinavia and with the names of...
SKF, the leading knowledge engineering company, has launched the latest addition to its Microlog range of handheld instruments, the Analyzer AX. The innovative device can be used for a variety of data collection tasks and can be customised to meet the needs of individual...
SKF, the leading knowledge engineering company, has launched the third generation version of its successful wind turbine condition monitoring system. SKF WindCon 3.0 is designed to enable wind farms to extend turbine maintenance intervals, manage resources more effectively,...
Glen Ellyn, IL--The Bearing Specialists Association (BSA) is happy to announce the following important industry events. Please include them on your industry calendars:
2009 Winter Meeting, January 18-20 at the Naples Hilton, Naples, Florida.
2009 Annual Convention, May...
The Serbian Privatization Agency [http://www.priv.yu/] announced that only one offer was received in its latest privatization effort for FKL Bearing. And, the agency said, that one offer was far from complete and could not be processed.
Founded in 1961 as a co-op named...
Purvis Industries, Dallas, TX, has acquired Bearing Belt Chain, a three-location regional power transmission and motion control distributor serving Southern Nevada, Southwestern Utah and Northwestern Arizona.
Bearing Belt Chain has locations in Las Vegas, NV, St. George,...
General Dynamics Corp. (USA; NYSE: GD) is in the process of acquiring AxleTech (USA), currently owned by Carlyle Group, a private equity investment company. Carlyle bought AxleTech in 2005 for $341 million from Wynnchurch Capital and Resilience Capital. They had acquired it...
Timken Rail Bearing Service Corp. leased 40,320 square feet at 14871 W. 99th St. in Lenexa, KS. Timken, a manufacturer of bearings, alloy steels and related components and assemblies, will take occupancy in March.
The Oxford Square Business Park property, which was built...
Germany's Schaeffler sold shares in Continental (CONG.DE) as planned to Cologne-based lender Sal. Oppenheim, a spokesman for the privately-held bearings maker said on Friday.
"We passed on the shares to financial institutions, and they can sell these then to investors,"...
Austin Engineering Company, a manufacturer of ball and roller bearings in India on Thursday, January 1, announced its plan of buy-back of securities of the company.
The company disclosed that a meeting of the board of directors of the company would be held on Jan. 8,...
W hile many companies are announcing layoffs, an Indianapolis cooperative is expanding its facility, hiring workers and projecting double-digit growth in 2009.
IDC-USA, a buying cooperative of independent power transmission product distributors, has seen revenue increase...
Penn Township firefighters were called to a late-morning fire Tuesday at SKF USA Inc. that reportedly sent flames shooting across the ceiling and filled a part of the plant with smoke.
"For a building that size, it filled up with smoke quickly," said Stan McCraw, an...
Fiscal 2008 Highlights
- Annual sales decreased by 9% to $143.4 million versus $157.9 million.
- Annual gross profit margins increased to 29.2% from 28.6%.
- Annual diluted EPS of $0.07 versus $0.18 in the prior year, net of the $15.0 million goodwill impairment...