Category
Machinery and Equipment Maintenance
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EPTDA London 2018 convention registrations now open
Brussels – The EMEA Power Transmission Distributors Association (EPTDA), the leading organization for the mechanical Power Transmission and Motion Control (PT/MC) industry in EMEA, has opened registrations for its 21st Annual Convention held in London, September 26 – 28, 2018…
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Motion Industries acquires MRO parts distributor Power Industries, Inc.
Birmingham, AL – Motion Industries, Inc., a wholly owned subsidiary of Genuine Parts Company (GPC), announced that it has entered into a definitive agreement to acquire Power Industries, Inc., also known as Santa Rosa MRO, LLC, headquartered in Santa Rosa,…
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Toyota chief hopes to help Japan automakers keep tech edge
Tokyo – Toyota Motor Corp. chief Akio Toyoda, tapped to head the Japanese auto industry association, promised Friday to lead a push among manufacturers to keep a competitive edge in emerging technologies such as zero-emission and autonomous driving. Japanese companies…
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Triton to sell Aventics to Emerson
Laatzen, Germany – Triton has initiated the next step to ensure a prosperous and sustainable future for Aventics by announcing its intention to sell the company to Emerson. There has been an agreement on terms with Emerson and the regulatory…
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Steve Carlisle named head of Cadillac, new GM Canada president is Travis Hester
Oshawa, Ont. – The Ontario-born head of General Motors Canada is moving to head Cadillac, the global automaker’s luxury car division as part of a management rotation Wednesday. Steve Carlisle will replace Johan de Nysschen, who is leaving effective immediately…
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Three causes of gearbox failure
In large gear reducers, parts – such as bearings and gears – can be pricey. Understanding gearbox failures can help mitigate downtime.
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Analysts: Canada’s manufacturing sales point to growth in overall economy
Ottawa – Canadian manufacturing sales rose a better-than-expected 1.4 per cent in March, as weakness in motor vehicle sales was more than offset by gains in the metals and aerospace industries, Statistics Canada reported Wednesday. Economists had expected an increase…
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PTDA’s industry Research Reports strong total sales in 2017
Chicago, Ill. – The fourth quarter 2017 Sales History & Outlook Report (SHOR) released by the Power Transmission Distributors Association (PTDA) indicates the average PTDA distributors’ index for total sales during 2017 was 5.4 percent above 2016. PTDA manufacturers’ average…
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Industrial Internet of Things adoption and digitization ignite centrifugal pumps industry
Santa Clara, Calif. – The North American centrifugal pumps market is witnessing a renaissance with the adoption of Industrial Internet of Things (IIoT), digitization, and next-gen prognosis offering significant growth opportunities and paving the way for smart pumps. The Industrial…
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Mass customization gives materials handling factory an edge
Forklift manufacturer and materials handling solutions provider Combilift officially opened its global headquarters and manufacturing facility in Monaghan, Ireland, to customers, media and dignitaries, including Kevin Vickers, Ambassador of Canada. Celebrating two decades in business, the privately held firm has…
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Magna beats first quarter profit expectations, raises guidance for the year
Aurora, Ont. – Magna International Inc. raised its guidance for the year as it reported a better-than-expected first-quarter profit and sales that grew 21 per cent compared with a year ago. The auto parts maker, which keeps its books in…
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Parts shortage that hit Ford spreads to more companies
Detroit – A fire that damaged a Michigan auto parts supply factory is causing production problems at Ford, Fiat Chrysler and General Motors, but it’s too soon to tell yet whether dealers will run short of vehicles. So far Ford…
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Same same but different – Mining equipment reliability and maintenance
In a quest for success, mines apply every advanced total equipment reliability maintenance or asset performance management program available.
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Mining sector gets back to work
Signals of heavy activity in the mining sector paint a picture of optimism.
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New contract ratified for workers at Ontario automotive seat plant
Toronto – Unifor says it has ratified a new contract for workers at the Lear Corp. automotive seat manufacturing plant in Ajax, Ont. The union says its members voted in favour of the contract Friday afternoon, adding that the company…
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Volkswagen’s new CEO promises a more ethical culture
Frankfurt – Volkswagen’s new CEO, Herbert Diess, has vowed to build a more ethical culture after the company’s diesel emissions scandal and outlined a new structure aimed at streamlining decision-making at the sprawling company. Diess said Thursday at the shareholder…
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Lear Ajax workers to vote on tentative deal amid uncertain future for plant
Toronto – Unifor says it has reached a tentative agreement for workers at the Lear Corp. automotive seat manufacturer in Ajax, Ont., but the future of the facility is uncertain after the company said this week it would close the…
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Bombardier selling Downsview property for $635 million, reports results
Montreal – Bombardier Inc. has signed a deal to sell its Downsview property in Toronto for $635 million to the Public Sector Pension Investment Board. Under a lease agreement, Bombardier will continue to operate from Downsview for up to three…
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Canadian buyers dominate at equipment auction
Edmonton – Last week Ritchie Bros. conducted its largest Canadian auction of the year, selling CA$207+ million (US$161+ million) of equipment over five days in Edmonton, AB. The April 24 – 28 auction attracted more than 14,000+ bidders from 59…
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World leader in engineered bearings and mechanical power transmission reports organic growth
North Canton, Ohio – The Timken Company, a world leader in engineered bearings and mechanical power transmission products, today reported first-quarter 2018 sales of $883.1 million, up approximately 25 percent from the same period a year ago. The increase was…
