Manufacturers News Archive

Timken : Patent Issued for Unified Rolling and Bending Process for Roller Bearing Cages

The Timken Company (North Canton, OH) has been issued patent number 9021706, according to news reporting originating out of Alexandria, Virginia, by VerticalNews editors. The patent’s inventors are He, Ming (North Canton, OH); Simmons, Michael D. (Canton, OH). This patent was filed on January 28, 2011 and...

Schaeffler targets 20% of global revenue from aftermarket by 2020

Schaeffler AG, the large German auto component manufacturer aims to increase revenue contribution from aftermarket business to 20% of the total sales globally by 2020, according to a top executive at the company. Schaeffler, who makes engine, transmission and chassis parts, currently earns around 15% of total...

Timken Awards Scholarships Valued at $540,000 to 17 Children of Employees Around the World

The Timken Company awarded scholarships to 17 sons and daughters of Timken associates in 11 locations around the world, on  March 16 2015. The Timken Company Charitable and Educational Fund, Inc. funds the scholarships, with a total value of up to $540,000 over four years. The program...

Timken Expands Aerospace Bearing Repair Facility with Compressor Case Overhaul Services

The Timken Company received FAA-approval to integrate its compressor case overhaul operation in to its state-of-the-art Los Alamitos, Calif., aerospace repair facility on the 17th February 2015. The facility has been in operation for more than 55 years and has allowed Timken to apply its industry-leading knowledge...

Don’t Stretch Your Global Supply Chain Past the Breaking Point

The classic definition of an optimist has been somebody who sees a glass as being half-full rather than half-empty, but based on the results of two recent studies, an optimist today might be somebody who is grateful that he has a glass at all. Current research indicates...

Manufacturing activity picks up pace

According to the latest research, the manufacturing sector has picked up pace in February. Output is expected to grow at an even faster rate over the next three months. 

NSK’s new YouTube channel

NSK Europe has launched a new YouTube channel which enables end-users and distributors to keep abreast of the latest product developments and manufacturing trends from within the international bearing manufacturing group. As tablets and other mobile devices become increasingly popular, more people are turning to internet videos...

Morris Lubricants – A BearingNet ManEx Member

Morris Lubricants were the first company to join the new BearingNet ManEx Channel and here is why… Morris Lubricants are seeking to expand their highly successful international distribution network primarily within the industrial market place. They would like to hear and discuss possible distribution partnership opportunities with companies...

Caterpillar Inc. reveals fourth-quarter reports and financial results

On the 27th of January Caterpillar Inc. announced fourth-quarter 2014 sales and revenues of $14.244 billion, slightly down from $14.402 billion in the fourth quarter of 2013.  Profit per share in the fourth quarter of 2014 was $1.23, compared with profit per share of $1.54 in the fourth...

Emerson Electric Unit sold for $1.44 Billion

Regal-Beloit Corp. has bought the power transmissions business from Emerson Electric Co. for $1.44 billion, adding products and clients to their company.  Regal-Beloit currently have a large product portfolio with a range of motors, generators, gear reducers and electronic switchgear now be able to add gearing, couplings...