Uncategorized Archives - Page 3 of 5 - BearingNet News

Category: Uncategorized

Intelligent components for feed spindles

Precision bearing manufacturer Schaeffler has introduced its fifth generation of linear recirculating roller bearing and guideway assemblies. The RUE-E series now includes sensor units that provide both automatic relubrication and bearing condition monitoring. Where necessary, the sensors monitoring the condition of the lubricant send a message to the machine control system, initiating automatic relubrication via, for example, Schaeffler’s innovative FAG […]

Read more ›
Grainger To Close 55 Branches In 2016 As Q4 Sales & Profit Dip

Grainger To Close 55 Branches In 2016 As Q4 Sales & Profit Dip

Grainger  reported its 2015 fourth quarter and year end earnings on Tuesday for the period ending Dec. 31. The company posted Q4 sales of $2.48 billion, down 1.3 percent year-over-year, narrowly beating analysts’ expectations of $2.47 billion. Q3 sales were $2.53 billion. Meanwhile, Grainger’s profit of $145.2 million was a 2.4 percent yearly decrease from last year. Q3’s profit was […]

Read more ›
Merry Christmas!

Merry Christmas!

The BearingNet Team would like to wish you all a very Merry Christmas and a Happy New Year!

Read more ›

Power Transmission/Motion Control (PT/MC) Industry Shows Slower Growth in 3Q2015 (PTDA Business Index)

Chicago, Ill.—November 20, 2015—The PTDA Business Index for 3Q2015 indicates continued slowing compared to the previous quarter with a reading of 37.7, down from 46.6 in 2Q2015. The PTDA Business Index reading fell behind the October 2015 PMI® Index of 50.1 for the second time this year. According to Randy Breaux, senior vice president for Motion Industries Inc. and chair […]

Read more ›
TIMKEN

Timken To Build New Bearing Plant In Romania

NORTH CANTON, Ohio, — The Timken Company, a global provider oftapered roller bearings, announced Thursday that it will construct a new bearing plant near Ploiesti, Romania. The facility, which will be the company’s second in Romania, will serve global demand for the company’s highly engineered Timken tapered roller bearings in sizes up to 300 mm in diameter. Groundbreaking on the […]

Read more ›
Applied Industrial Technologies Reports Fiscal 2016  First Quarter Results and Declares Dividend

Applied Industrial Technologies Reports Fiscal 2016 First Quarter Results and Declares Dividend

CLEVELAND, OHIO (October 28, 2015) – Applied Industrial Technologies (NYSE: AIT) today reported first quarter fiscal 2016 sales and earnings for the three months ended September 30, 2015. Net sales for the quarter were $641.9 million, a decrease of 8.6% compared with $702.3 million in the same quarter a year ago. The overall sales decrease for the quarter reflects a 1.8% increase from acquisition-related […]

Read more ›