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Nidec Leroy-Somer has signed an agreement with Airbus to develop an electric motor for its hydrogen-powered fuel cell engine prototype, as part of Airbus’ ambition to bring the first zero-emission commercial aircraft to market by 2035. The long-standing expertise and extensive know-how of the French electric motor manufacturer, who already provides proven advanced technologies to many demanding industries, such as Navy, Nuclear, Railway, Automotive and Robotics is now collaborating on Aviation decarbonization.
After receiving approval from the antitrust authorities, Bosch Rexroth has completed the acquisition of hydraulic specialist HydraForce on February 3. The acquisition of the Lincolnshire, Illinois (USA) based company was announced in July 2022. It strengthens Bosch Rexroth's footprint in North America and expands its distribution network to provide customers with a wide range of compact hydraulics solutions on a global scale.
Bonfiglioli has agreed to acquire Selcom Group from funds controlled by Avenue Capital Group and Europa Investimenti. Selcom Group specializes in the design, production and sale of electronic boards, electronic products, as well as software and solutions for customers in the industrial, biomedical, automotive, intra-logistics and home-appliance automation sectors.
Hannover Messe 2023 presents the ideal networking hub. This is where AI developers, software engineers get together with users to jointly develop industrial-grade AI products or processes. Whereas in the past, the focus was on use cases in which errors or anomalies were detected or prognostications were made, industry in 2023 is focusing on the optimization of processes and the use of AI methods for simulation, testing and product development.
The Timken Company has acquired the assets of American Roller Bearing Company (ARB), a North Carolina-based manufacturer of industrial bearings. ARB's offerings join Timken's industry-leading portfolio of engineered bearing solutions. ARB, which boasts a large U.S. installed base and strong aftermarket business, generated sales of more than $30 million in 2022.
AD is reporting record results for 2022 in owner/member sales, member purchases from AD suppliers, AD warehouse sales to AD members, net distributions to members, and operational efficiency.
ZF’s Commercial Vehicle Solutions (CVS) division has further underlined its commitment to advancing ‘Next Generation Mobility’ by investing in cutting-edge 5G digital connectivity. Equipping its commercial vehicle test track at Jeversen, Germany, with its own powerful campus network enables enhanced testing of ‘Big Data’ backed solutions which are increasingly facilitating the next levels of Mobility as a Service (MaaS) and Transportation as a Service (TaaS).
After 33 years, over 1,500 educated attendees, and 68 facility tours the Helios team is excited to continue to help manufacturers build shops full of gear experts by hosting the 2023 Helios Gear School on May 16, 17, and 18 in Elgin, IL. The seminar course is designed for entry-level gear manufacturing personnel including manufacturing management, industrial engineers, supervisors, set-up technicians, operators, and quality control.
High energy costs, broken supply chains and rising raw material prices continue to pose new challenges to business. To remain competitive, companies need to take steps to increase their efficiency and contain energy costs, which in turn will lead to a reduction in their carbon footprint. High-tech solutions in this area will be presented at Hannover Messe.
The Timken Company has reached an agreement to acquire Nadella Group, a leading European manufacturer of linear guides, telescopic rails, actuators and systems and other specialized industrial motion solutions, from ICG plc.