The Serbian Privatization Agency [http://www.priv.yu/] announced that only one offer was received in its latest privatization effort for FKL Bearing. And, the agency said, that one offer was far from complete and could not be processed.
Founded in 1961 as a co-op named...
Purvis Industries, Dallas, TX, has acquired Bearing Belt Chain, a three-location regional power transmission and motion control distributor serving Southern Nevada, Southwestern Utah and Northwestern Arizona.
Bearing Belt Chain has locations in Las Vegas, NV, St....
General Dynamics Corp. (USA; NYSE: GD) is in the process of acquiring AxleTech (USA), currently owned by Carlyle Group, a private equity investment company. Carlyle bought AxleTech in 2005 for $341 million from Wynnchurch Capital and Resilience Capital. They had acquired...
Timken Rail Bearing Service Corp. leased 40,320 square feet at 14871 W. 99th St. in Lenexa, KS. Timken, a manufacturer of bearings, alloy steels and related components and assemblies, will take occupancy in March.
The Oxford Square Business Park property, which was...
Germany's Schaeffler sold shares in Continental (CONG.DE) as planned to Cologne-based lender Sal. Oppenheim, a spokesman for the privately-held bearings maker said on Friday.
"We passed on the shares to financial institutions, and they can sell these then to investors,"...
Austin Engineering Company, a manufacturer of ball and roller bearings in India on Thursday, January 1, announced its plan of buy-back of securities of the company.
The company disclosed that a meeting of the board of directors of the company would be held on Jan. 8,...
W hile many companies are announcing layoffs, an Indianapolis cooperative is expanding its facility, hiring workers and projecting double-digit growth in 2009.
IDC-USA, a buying cooperative of independent power transmission product distributors, has seen revenue...
Penn Township firefighters were called to a late-morning fire Tuesday at SKF USA Inc. that reportedly sent flames shooting across the ceiling and filled a part of the plant with smoke.
"For a building that size, it filled up with smoke quickly," said Stan McCraw, an...
Fiscal 2008 Highlights
- Annual sales decreased by 9% to $143.4 million versus $157.9 million.
- Annual gross profit margins increased to 29.2% from 28.6%.
- Annual diluted EPS of $0.07 versus $0.18 in the prior year, net of the $15.0 million goodwill impairment...
PBC Linear will be exhibiting at Lab Automation Expo 2009 at the Palm Springs Conference Center in Palm Springs, CA from January 24-28. The five day event will bring together manufactures, doctors, grad students, lab engineers, and other laboratory geared minds to focus on...
NKE AUSTRIA was awarded the innovation prize ¡°Schrittmacher 08¡± for companies with more than 50 employees in the region Steyr. ¡°We see this award as recognition of our company¡¯s success¡±, said Heimo Ebner, NKE¡¯s Managing Director.
NKE impressed the...
NKE AUSTRIA has won an award in the ¡°Women¡¯s Advancement Initiative¡± in Austria. The competition was initialised by the Federal Ministry of Economics and Labour. A prize of 10,000 euro was offered to each of ten companies who have submitted the best plans and...
Plastic bearings are used in wet and corrosive environments, clean environments, areas that are difficult to lubricate, and applications that require non-magnetic bearings. They are made from a variety of plastic materials and are often self-lubricating to provide smooth operation and greater...
NMB Technologies Corporation introduces custom made precision mechanical bearing assemblies. These next level bearing assemblies consist of high precision NMB ball bearings, and depending on the design, will require machined shafts, magnets, gears, plastic parts and special materials. These...
Boca Bearing Company said it is adding to and rounding out its offerings of full ceramic ball bearings, particularly the LBT Mini Full Ceramic line.
Designed for specialty applications, Boca's LBT Full Ceramic line now covers standard and flanged ball bearings in sizes down to 3mm bore. Both...
The Timken Company (NYSE: TKR) announced today that it has supplied special bar quality steel for use in constructing the antenna tower for the Freedom Tower at the World Trade Center site in New York City. Timken® steel will be used to build the supporting legs of the 450-foot-antenna tower...
Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported today that the U.S. imported a total of 2,458,000 net tons (NT) of steel in February 2008, including 1,905,000 NT of finished steel (down 8 and 14 percent, respectively, vs. January final data). Total...
The market for bearings, a vital component of machinery in various industries, is directly related to industrial growth. Demand increases in sync with the level of industrial activity. Growth trends are closely linked to GDP trends as bearings are used in almost all engineered or capital goods...
Ball Bearing inside and outside ferrule,steel ball material should be Bearing steel(vacuum heat treatment). Most of Ball Bearings use SUJ2 of JIS steel genus,which is also called GCr15 in our nation inner. The chemistry component of SUJ2 in world countries as Ball Bearing material is standard....
