Manufacturers News Archive

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...

Timken’s New Headquarters

Over the past three years there have been some big changes at Timken Co. but now they have moved and settled into their new world headquarters in North Canton, Ohio.

Test Products International, Inc. (TPI) Acquires Condition Based Maintenance Specialist, C-Cubed

Beaverton, OR, July 11, 2014.  TPI President, J.P. Aleskus, Jr. announced the purchase of the British firm, C-Cubed, an instrumentation company founded in 1997 by entrepreneur, Dr. Russ Sion. Aleskus expressed, “Partnering with C-Cubed has been a win-win, and the recent acquisition enables both companies to continue...

Meter Bearing invests $4.5 million in the US

Meter Bearing Group is establishing its first US manufacturing plant in Colleton County, South Carolina. Meter will be investing $4.5 million in to the state and creating many new jobs. Vittorio Musso, president and CEO of Meter S.p.A. said: “Part of our growth strategy is to establish...

SKF expands @ptitude software offering

SKF @ptitude software has been expanded to offer SKF @ptitude Connect, a cloud computing resource.