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SKF announced to cut 2500 jobs

Sweden's SKF, the world's biggest maker of industrial bearings, has announced it's cutting 2500 jobs and expanding and accelerating its cost cutting program.SKF, which...

Kaman Announces $35.5 Million Joint Programmable Fuze Order

Kaman Corporation announced that its Aerospace segment has been awarded a commercial sale purchase order for Joint Programmable Fuzes (JPF) in the amount of...

SKF programme to improve efficiency, reduce cost and strengthen profitable growth

The strategy and the long-term financial targets which were launched by the SKF Group in 2010 were based on initiatives for profitable growth and...

New collective agreement in ZKL

In the 11th week negotiations about a collective agreement for all companies of ZKL Group were concluded. In new collective agreements there is determined...

Schaeffler is to offer Customized start-stop solutions for the North American...

Drawing on energy only when needed is one of the obvious approaches to optimizing drive trains equipped with internal combustion engines. Accordingly, engine start-stop...

EPTDA Sets the Growth Course for 2013

Brussels, December 31st – The European Power Transmission Distributors Association (EPTDA), the leading European organisation for the mechanical Power Transmission and Motion Control (PT/MC)...

ERIKS launch new Automation Services Division in the UK

ERIKS is to continue the expansion of its UK service by launching a new Automation Services Division.The division will channel ERIKS' broad and deep...

NTN Announces New Plant for Large Bore Industrial Bearing Production

NTN Corporation will construct a new plant in the Shika-machi region of Ishikawa Prefecture to increase production capacity of high-precision forged products for large...

Cooper Reduces Lead Times for Made-to-Order Bearings

Cooper Roller Bearings, a unit of Kaydon Corporation, is reducing delivery times for its large, made-to-order split roller bearings, thanks to a significant investment...

Mobil Industrial Lubricants Help Russian Steel Plants Increase Productivity

(January 2013) – Mobil Vacuoline 100 and Mobilgrease XHP 461, part of ExxonMobil’s comprehensive range of products for primary metals companies , have helped...