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Manufacturers News Archive

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.