Since taking over as CEO of Solve Industrial Motion Group in June 2024, Ernie Lauber has focused on continuous improvement, predictive maintenance and growing the legacy brands within Solve.

Combining brands such as IPTCI, MasterDrive, PTI and TRITAN together with the LMS, SST, SPB-USA and USA Roller product lines, Solve Industrial Motion Group is a provider of high-quality metric and American Standard power transmission components and industrial-grade bearings.

SKF has secured EUR 430 million financing from the European Investment Bank (EIB) with a tenor of up to ten years. The financing will support SKF’s research and development (R&D) to increase the focus on high-growth segments and accelerate the design and development of enabling technologies particularly for the green transition and sustainability.

Liebherr’s components product segment supplies the heart of the rotating pillar for the bridge Friesenbrücke, which is being erected for Deutsche Bahn in Weener. It comprises a 5-meter, 12.5-ton combined roller and ball bearing along with eight matching pinions. This rotating pillar and the associated mechanical systems by Hermann GmbH Maschinenbautechnologie support the 145 meter long, 1,800-ton central section of Europe’s largest lifting swing bridge to date.