Industry News Archive

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...

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...

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...

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....

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...

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...

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...