Elecon Engineering Company Limited strengthened its business during the pandemic. The company underwent transformational changes, identified focus areas of improvement, and implemented various steps. During the past two years, Elecon significantly reduced its debts, and is now debt-free in the FY22-23. Working capital improvement in inventory, receivables, etc. pursuing only those businesses that yield profit while closing some legacy EPC projects that could not scale growth have been some key strategic initiatives that the company adopted in order to consistently perform and give excellent dividends to its happy community of shareholders.

Jake Schieffer is taking on a new role within Beckhoff USA as vice president of sales. This promotion results from Schieffer’s significant successes as regional director – Midwest. In the newly created national position, he will continue to promote business alignment throughout the sales organization and accelerate growth across the U.S. Based at the Beckhoff USA headquarters office in the Minneapolis area, Schieffer reports to President Kevin Barker. After Schieffer’s promotion, Steve Boelte was selected to fill the position of regional director – Midwest.

In its largest order to date, Danish wind turbine test specialist R&D Test Systems will develop the 30 MW powertrain and gearbox test bench for ZF Wind Power’s future “Test & Prototype Center” at Lommel, Belgium. Capable of simulating the multiplicity of wind loads that a nacelle powertrain might experience in its lifetime, the test rig, to be delivered in 2024, will help improve product reliability and shorten time to market.

Twin Disc, Inc. has announced the lease of an office space in Milwaukee, WI. The 8,100 square foot space on the fourth floor of an office building located on Erie Street in Milwaukee’s Historic Third Ward will accommodate approximately 25 employees. The Company expects to relocate its corporate team to the new location in early 2023.

On September 19th, Todd Hamlin, BSA president, and senior vice president of DXP Enterprises, announced the Annual BSA Excellence Awards for outstanding service by bearing distributors and bearing manufacturers to end-users.

Employees from Forest City Gear recently attended the 2022 International Manufacturing Technology Show (IMTS) at Chicago’s McCormick Place Convention Center. This year’s show attracted more than 86,000 registrants looking to experience the latest and greatest in manufacturing technology.  

Bosch Rexroth will expand its presence in North America: A new plant is being built in Queretaro, Mexico. Bosch Rexroth has been successfully operating in Mexico for 40 years. In Queretaro, local production capacities for the manufacture of products and components for mobile applications as well as for factory automation will be increased from summer 2023, and there is space for further growth. Bosch Rexroth will invest some 160 million euros in the new site. The aim is to strengthen local production for the North American market and thus be able to serve customers even better and more efficiently in the future.

Emerson announced the recipient of its 2022 ASCO Engineering Scholarship Program, which recognizes and rewards U.S. college and university students studying in the fields of engineering, instrumentation, systems, and automation, for their academic excellence, service to others, and leadership potential.

Motion Industries, Inc. is pleased to announce the launch of the new Motion Ai website, https://ai.motion.com. Announced in February 2022, the Motion Ai business group unifies acquired technical companies, including Applied Machine and Motion Control (AMMC), Axis New England/Axis New York, BRAAS, F&L Industrial Solutions, Integro Technologies, Kaman Automation, Meier Transmission and Numatic Engineering.

Freudenberg Sealing Technologies has been named a 2022 Automotive News PACE award finalist for its DIAvent Highflow pressure equalization element. Recognized at a black-tie gala on September 19 at the Max M. and Marjorie S. Fisher Music Center in Detroit, the honor validates two years of dedicated company research and development to successfully address customers’ needs for a safe, cost-effective solution for thermal runaway in battery-electric vehicles. The Automotive News PACE Awards competition highlights superior innovation, technological advancement, and business performance among automotive suppliers. Judged by an independent panel of technologists, the competition is recognized around the world as the industry benchmark for innovation.