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The automotive and industrial supplier Schaeffler has signed a contract with the CERATIZIT Group for the acquisition of CERASPIN. Based in Livange, Luxembourg, CERASPIN has over 25 years’ experience in the development and production of premium ceramic products, the majority of which are processed into rolling elements for various bearing applications.
Applied Flow Technology (AFT) has expanded their team with the hire of two new engineers and one software developer to join their pipe flow modeling team.
Industrial Internet of Things (IIoT) helps streamline processes by creating communication networks between different components of an industry. However, these IIoT systems are also prone to security threats which need to be addressed to ensure a safe Industry 4.0 revolution. Researchers from INU developed an AI-based convolutional neural network architecture that can classify malware attacks in 5G-enabled IIoT systems.
The new production plant is officially in operation after its formal unveiling at Lafert’s 60th anniversary celebrations in San Donà di Piave, Italy, close to the historic headquarters.
During this live session KISSsoft AG (a Gleason Company) and FunctionBay GmbH will present a common and continuous solution to design, analyze and optimize the NVH behavior of a gearbox used in an e-drive system.
Danfoss Power Solutions has appointed Ines E. Sira as the new president of its Fluid Conveyance division, effective immediately. Based at the company’s campus in Eden Prairie, Minnesota, Sira will be a key member of the Power Solutions leadership team and will report directly to Eric Alström, president of Danfoss Power Solutions.
Wholly-owned subsidiaries of Shell plc (“Shell”) in Switzerland, the UK, US and Sweden (Shell (Switzerland) AG, Shell U.K. Limited, Pennzoil-Quaker State Company and Shell Aviation Sweden AB) have entered into agreements to acquire the Environmentally Considerate Lubricants (ECLs) business of the PANOLIN Group.
The Timken Company has closed the sale of its Aerospace Drive Systems (ADS) business to PCX Aerostructures, LLC. Terms were not disclosed. ADS is a supplier of drive system components and sub-assemblies for military and civil rotorcraft applications. ADS revenue is expected to be around $50 million in 2022.
The Power Transmission Distributors Association (PTDA) has named Michael Cinquemani the 31st recipient of its Warren Pike Award for lifetime achievement in the power transmission/motion control (PT/MC) industry.