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SKF is presenting its technologically innovative solutions tailored for customers in focused industrial segments at the virtual SKF Tech & Innovation Summit. The solutions are developed to address the needs of greater reliability, energy efficiency, and high-performance as well as to support customers on their sustainability journey.
The Society of Tribologists and Lubrication Engineers (STLE) — the premier technical society serving the needs of the tribology and lubrication engineering business sector — is pleased to announce the launch of a Sustainability Committee.
FVA GmbH has released mechanicus, an intuitive online calculation tool for machine elements and standard calculations. The new web application is available for free now here and marks a significant milestone in the world of drive technology.
NTN, the parent company of BCA Bearings, is pleased to announce the receipt of a 2024 Content Excellence Award from the Automotive Content Professionals Network (ACPN). BCA Bearings received the Gold Award for ACES and PIES Data in the Large Category (250,000+ applications) at the 2024 Auto Care Connect/ACPN Annual Conference, held recently in Chicago, Illinois.
In major ports around the world, there is a growing need for autonomous goods handling. The vehicles in the ports, which are operated around the clock and have largely been manually operated.
Overall global industrial robot shipment volumes exceeded 500,000 units in 2023, according to global market research firm Interact Analysis. This was a similar level to that seen in 2022 but the average price of industrial robots decreased last year. After a record high in 2021, 2023 reached a low point in terms of revenues and shipments but the long-term forecast remains positive. The global industrial robot market is expected to grow on average, by 3.7 percent per year between 2024 and 2028.
Sulzer Flow Equipment has been selected by TechnipFMC to collaborate in developing new subsea CO2 pump solutions for new technologies. Petrobras’ revolutionary high-pressure separation technology, HISEP, enables the separation of CO2-rich natural gas from oil at the seabed. The process has the potential to provide significant gains in energy efficiency and productivity to Floating Production Storage and Offloading (FPSO) vessels while reducing costs and emissions.
Bonfiglioli recently displayed technologies at SPS Parma 2024 for intralogistics, woodworking, packaging, and robotics. Here are a few highlights from the show:
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.
The global manufacturing economy will remain sluggish in 2024 and is forecast to expand by just 0.6 percent compared with last year. However, it looks set to recover in 2025, the latest data from Interact Analysis reveals. The market intelligence expert explains, except for China, most territories will experience a slight contraction this year, but many will be better off than expected going into 2025.