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Category: Industry News

RBC Bearings Director Sells $459,000.00 in Stock

RBC Bearings Director Sells $459,000.00 in Stock

RBC Bearings (NASDAQ:ROLL) Director Amir Faghri sold 7,500 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $61.20, for a total value of $459,000.00. Following the sale, the director now directly owns 11,353 shares of the company’s stock, valued at approximately $694,803.60. The transaction was disclosed […]

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Flaws sideline MBTA’s new commuter rail locomotives

Flaws sideline MBTA’s new commuter rail locomotives

The 40 new commuter rail locomotives delivered to the MBTA late last year at a cost of $222 million have all been sidelined to have their traction motor bearings replaced after the manufacturer discovered last summer that at least some of the bearings are faulty. The major repairs are the latest roadblock in a years-long effort by the MBTA to […]

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The CIA, the Cold War, Howard Hughes, and the Triple Ring Bearing

The CIA, the Cold War, Howard Hughes, and the Triple Ring Bearing

Written by Michel (Mitch) Bouchard on LinkedIn This has got to be one of my favorite bearing-innovation related stories to date. I remember a few years ago my dad and I came across this story in a magazine (maybe National Geographic) and saw this picture of a humongous triple ring bearing, embedded in a great Cold War covert op story. […]

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NSK low torque bearings improve energy efficiency in MRO sector

NSK low torque bearings improve energy efficiency in MRO sector

NSK is known across the world for its class leading reliability and long bearing life, as well as its economic and environmental credentials. Within the global automotive sector, NSK has worked with the industry to produce low torque bearings which help to reduce power consumption and emissions. Now these advances in engineering design are being applied to general purpose, deep […]

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Georg Schaeffler makes Forbes billionaires list

Georg Schaeffler makes Forbes billionaires list

The Forbes billionaires list is just that; a list of the richest people on this planet, and Georg Schaeffler has made it to number 21 and is number 1 in Germany. Schaeffler Group (Schaeffler Gruppe) is one of the world’s largest producers of roller bearings and machine components. Although in the Forbes list it is said he made his billions […]

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Slewing rings bring shark to life

Slewing rings bring shark to life

You may or may not remember a film in 2011 called Shark Night 3D. It had an animatronic shark that went on the rampage killing college students in a lake. Ok so it wasn’t a blockbuster success, but Igus helped bring that shark to life, using their slewing rings. Of course all animatronic sharks are compared to Spielberg’s great white […]

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