Industry News Archive

Factories Adding Robots at a Faster Pace

Factories in the U.S. and around the world are adding robots to their workforce at a faster pace. That pace is expected to pick up even more over the next decade. A study from the Boston Consulting Group estimates among the world’s 25-biggest export nations, robot use...

PTDA Foundation Vanguard Campaign Raises $188,000

The power transmission/motion control industry is a “hidden” industry. While the power transmission/motion control products manufactured and distributed are essential to keeping industry moving, those who will be the next generation of employee are unaware of the industry and the incredibly rewarding careers it provides. The Industrial...

RUD Chain Implements RFID Tracking To Keep Heavy Lifting Safe

The market leader in terms of safe lifting, RUD-Ketten, now offers a simple system to identify, register and administer products in a contact-free, error-free and efficient way for nearly all work equipment, based upon RFID technology (Radio Frequency Identification). The RUD>ID<SYSTEM® is comprised of  RUD>ID<POINTs®, RUD-ID-EASY-CHECK® reading devices, and the web application RUD-ID-NET®....

Timken headquarters gets green building award

Timken world headquarters receives LEED® (Leadership in Energy & Environmental Design) Gold Certification from the US Green Building Council for its new $65 million building. Originally built in 1966 the building recently underwent a complete renovation with a 240,000 square foot expansion. Construction began in May 2012...

PTDA Foundation Now Accepting Nominations for 2015 Wendy B. McDonald Award

Award Recognizes a Trailblazing Woman in the Power Transmission/Motion Control Industry. February 20, 2015—To honor the memory of Wendy B. McDonald, one of the power transmission/motion control industry’s true pioneers, the PTDA Foundation established the Wendy B. McDonald Award. The award acknowledges a woman who has established herself...

ZEN Bearings at Hannover Messe

ZEN Bearings will be at Hannover Messe, the Motion, Drive & Automation is the trade fair of first choice for the world’s leading providers of power transmission and fluid power solutions. ZEN Bearings will be there, hosting stand C33 located in Hall 22. We welcome you to...

Scheerer Bearing and Telco Sensors join IDC-USA

Based out of eastern Pennsylvania, Scheerer Bearing Corporation has been a global supplier of bearings and related products since 1963. They have had great success by consistently meeting the specific needs of their customers with both standard series and specialty bearings. By manufacturing products for a wide...

Power Transmission/Motion Control (PTMC) Industry Anticipates Continued Growth in 2015

Chicago, Ill.—February 9, 2015—The PTDA Business Index for 4Q2014 indicates slowing but continued positive growth. However, manufacturers reported more positive growth in new orders, employment, supplier deliveries and inventories for 4Q2014 than distributors, a notable change from 2Q and 3Q 2014. Despite this upward swing, the overall...

Resurgence in Heavy Machinery Manufacturing to Drive Demand for Bearings

According to the new report by Global Industry Analaysts, Inc. there will be an increase in the demand of bearings due to the resurgence in heavy machinery manufacturing. The bearing market is a mature one due to their widespread use in so many industries such as aerospace,...

Continental Budgets $2.4 Billion for Non-Auto Purchases

In order to reduce its dependence on the car industry, Europe’s second largest maker of vehicle parts, Continental AG (CON) is budgeting 2 billion euros for acquisitions. “We want our non-automotive businesses to grow faster than the rest of the company, to do that we need to...