The landscape of the global precision gearbox and geared motor market is undergoing significant transformation and is expected to grow by over 10 percent in 2025, as it recovers from an earlier than anticipated dip in 2023 and 2024. According to the latest data from market intelligence specialist Interact Analysis, strong demand will generate a compound annual growth rate (CAGR) of 7.9 percent - with the market increasing from $3.29 billion to $4.8 billion - between 2023 and 2028.

Mona Neubaur, deputy prime minister and minister of economic affairs of North Rhine-Westphalia, recently presented the NRW.Global Business Award 2024 to Flender CEO Andreas Evertz. Flender was one of four winners honored at the 20th anniversary of the Award at the K21 Ständehaus in Düsseldorf.

MINExpo boasts 1,900+ companies involved in the global mining industry. Opening sessions allow the industry to come together to debate global challenges, market fluctuations and the future of mining. Resources include exploration, mine site development, open pit mining, underground mining, smelting and refining, processing and preparation and reclamation.

Bonfiglioli USA recently celebrated its 25th anniversary. While the company’s roots in North America trace back to Canada in 1986, Bonfiglioli USA’s establishment in 1999 marked a significant expansion and solidified its presence in the United States.

SEW-Eurodrive announces the launch of XMiner Industrial Gear Units, specifically designed for the rigorous demands of mining and aggregates applications including conveyor systems, crushers, and apron feeders. Built on the trusted X.e series platform, the XMiner units are now available with local engineering, stocking, and assembly in Wellford, South Carolina, ensuring quick and reliable support for North American customers. The XMiner Industrial Gear Units are tailored to meet the high-performance requirements of mining operations. 

A new version of the MESYS shaft and rolling bearing analysis software including new functionality is available. The bearing analysis software allows the calculation of the load distribution within the bearing and bearing life according to ISO/TS 16281 and it is integrated in a shaft system calculation with additional possibilities like modal analysis, strength calculation for shafts and interfaces to gear calculations. Currently the software is used by customers in 32 countries on 4 continents.

Today’s emphasis on sustainability and the circular economy may leave some manufacturers wondering, "Can I really get the results I need while increasing my use of biobased content?” Cortec shares two viable rust preventatives that allow users to go as high as 72 or 99 percent biobased content for metals protection in humid environments

Ketterer i-Wheel 3213 wheel hub drives have been specially developed for use in Automated Guided Vehicles (AGV). They are designed as direct drives that are completely integrated in the hub and therefore need neither an additional gearbox nor an extra wheel.

The winners in the 2024 Powder Metallurgy (PM) Design Excellence Awards competition, sponsored by the Metal Powder Industries Federation (MPIF), demonstrate outstanding examples of PM’s diversity and ability to meet critical requirements. From electric vehicles to medical implants, once again, parts fabricators have demonstrated PM’s versatility and unique ability to challenge competing technologies. These award-winning components use PM’s flexibility to push forward new concepts and process controls to demonstrate the inexhaustible range of PM’s capabilities.

Nord Drivesystems recently celebrated the grand opening of their new, state-of-the-art production facility in McKinney, Texas. This factory marks the fourth U.S. production location of the global gear motor and control products manufacturer, with established facilities located in Corona, CA, Charlotte, NC, and the 291,700 sq. ft. U.S. corporate headquarters in Waunakee, WI.