Category: Industry News

Sudbury Derailment Cause Revealed

Sudbury Derailment Cause Revealed

On the 2nd of June 2013 a Canadian Pacific Railway freight train derailed near Sudbury, with five of its cars falling into the Wahnapitae River.

Read more ›
Berlin union calls for 5.5% raise for workers

Berlin union calls for 5.5% raise for workers

Germany’s biggest industrial union, IG Metall, is seeking a 5.5% pay increase for around 3.7 million workers in Europe’s biggest economy next year.

Read more ›
Euro zone industry output rises – September 2014

Euro zone industry output rises – September 2014

Factories in the euro zone saw a slight output rise in September, lifted by machinery and energy however making it clear that the purchasing of cars and televisions is not increasing at the expected rates in Europe as the recovery falters. Industrial output rose by 0.6% in the 18 countries all using the euro in September in comparison to the previous month. […]

Read more ›
Continental AG run into acquisition issues in the USA

Continental AG run into acquisition issues in the USA

Due to US regulatory issues, Continental AG may not be able to close its acquisition of industrial hoses and conveyer belts manufacturer, Veyance Technologies.

Read more ›
Timken acquire Revolvo as part of their continued growth strategy
Maglev trains – a super future

Maglev trains – a super future

You may or may not have heard of a maglev (Magnetic Levitation) train, but they have been around for a while now, with the first passenger maglev opening in 1984 in Birmingham, UK. It travelled at 26mph (42hph) and was the shuttle for Birmingham International Airport. Now they are capable of travelling up to 361mph (581kph), with a passenger train […]

Read more ›