As of September 23, 2024, Havlik Gear is changing ownership. Wikov Industry a.s. has acquired Havlik Gear. Wikov is a strong group of companies producing high end gears, gearboxes and complete drives for industrial and turbo applications and for railway vehicles. The company name has changed to Wikov Gear Canada Inc.

ABB Robotics has launched an Energy Efficiency Service providing manufacturers with a package of consultation, analysis and tools to increase the energy efficiency of their robots.  The service offers up to 30 percent energy savings¹, addressing the high energy costs that hinder the competitiveness of 58 percent of surveyed global manufacturers, according to a recent Energy Efficiency Movement report.

The Timken Company, a global technology leader in engineered bearings and industrial motion, today appointed Tarak Mehta the company's president and CEO. Mehta was also elected to Timken's Board of Directors.

The Timken Company, a global technology leader in engineered bearings and industrial motion, has completed its previously announced acquisition of CGI, Inc., a Nevada-based manufacturer of precision drive systems serving a broad range of automation markets with a concentration in medical robotics. The business employs approximately 130 people and is expected to generate around $45 million in sales in 2024.  

At MINExpo 2024, Continental recently highlighted solutions tailored for the mining industry, including conveying systems, digital monitoring platforms, fluid hose solutions, and more. These products are designed to withstand the toughest environments while boosting efficiency and productivity. 

Forest City Gear, a manufacturer of fine- and medium-pitch custom gears, is proud to sponsor and exhibit at the 2024 Midwest Aerospace Conference (MAC2024) on October 17, 2024. Hosted by the Rockford Area Aerospace Network (RAAN), the Greater Rockford Chamber of Commerce, and IMEC, MAC2024 is a full-day conference dedicated to aerospace in the region.

Forest City Gear, a manufacturer of fine- and medium-pitch custom gears, proudly recognized Amy Sovina on her 30th anniversary and thanked her for her long-term dedication to the company.

Effective October 1st, 2024, Alexander Steinacher will succeed Horst Rettenbacher as CFO at the long-established Austrian company. Rettenbacher has been a member of EMCO's management team since 2012 and, as CFO, played a key role in the machine tool manufacturer's growth to its current size. After handing over his responsibilities to his successor, Rettenbacher will take his well-deserved retirement.

Festo has launched a clean energy project at its North American Regional Service Center along I-71. Roof-mounted solar panels will supply 48 percent of the facility’s electricity requirements – 2.6 million kilowatt hours (kWh) – after completion of the project, which is slated for next year. One of Ohio’s leading solar power companies, Kokosing Solar Power, Athens, Ohio, is the project’s general contractor.

Horsburgh & Scott, a global leader in the design and manufacturing of custom-engineered gearing solutions, is pleased to announce it has launched a Pulp & Paper division, dedicated to delivering high-performance gearing solutions to pulp and paper mills worldwide.