Industry News Archives - Page 58 of 61 - BearingNet News

Category: Industry News

Why the oil price is falling

Why the oil price is falling

After five years of stability, oil prices have dropped 40% from $115 a barrel in June to below $70 a barrel now. In November the Organisation of Petroleum Exporting Countries, which controls nearly 40% of the world market, met in Vienna and failed to reach an agreement on production curbs, which sent the price tumbling. This has affected oil-exporting countries […]

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South Korea tackles corporate collusion

South Korea tackles corporate collusion

South Korean President Park Geun-hye has made corporate regulation a priority in her administration. And the commitment to tackle collusion came on 17 November when the Korea Fair Trade Commission (KFTC) said that it found nine Japanese and German bearing manufacturers operated a cartel to collude on the price of products for more than a decade.

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PTDA Foundation Sets Fundraising Record in 2014 to Build Awareness of Industrial Distribution Careers

PTDA Foundation Sets Fundraising Record in 2014 to Build Awareness of Industrial Distribution Careers

Industry support for the PTDA Foundation’s signature project, the Industrial Careers Pathway® (ICP), reached record heights in 2014, surpassing all expectations with a final total of nearly $310,000. This was more than 50 percent higher than the funds raised in 2013, demonstrating an increasing commitment from the industry in reaching the future industrial distribution workforce. According to Brian Short, 2014 […]

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Registration Now Open for PTDA 2015 Leadership Development Conference

Registration Now Open for PTDA 2015 Leadership Development Conference

Chicago, Ill.—December 12, 2014—The Power Transmission Distributors Association (PTDA) is now taking registrations for the 2015 Leadership Development Conference to be held on March 18-20, 2015 at the Westin La Paloma in Tucson, Ariz. PTDA members continuously seek ways to bring their future management team up-to-speed so they can step into a supervisory role ready to excel.  The 2015 Leadership […]

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Freudenberg-NOK forms new ARPM seals committee

Freudenberg-NOK forms new ARPM seals committee

Freudenberg-NOK is the largest seals and gasket company to join the ARPM, a trade association dedicated to the advancement of rubber products manufacturing. Boutique testing and outdated or non-existent material protocols are likely to be some of the industry challenges the committee will tackle in the future. 

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Global Belt Drive market 2014-2018

Global Belt Drive market 2014-2018

Analysts have forecasted the Global Belt Drive market to grow at a compound annual growth rate of 3.95% between 2013 and 2018. In the report, Americas, APAC and EMEA regions are analysed, one of the key trends found in the market is the ‘Emergence of Smart Electric Systems’. The report shows the Periodic Replacement and Repair is a major factor […]

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