Month: March 2018

  • Magna Provides Engineering Expertise to New Automaker VinFast

    Asia represents one of the strongest growing automotive markets in the world, and Magna has further strengthened its presence in the region through a cooperation agreement to provide complete vehicle engineering and development services for VinFast Manufacturing and Trading Company Limited of Vietnam. Magna’s complete vehicle team has responsibility for the full…

  • Liebherr Expands In US

    Germany-based construction equipment manufacturer Liebherr plans to invest US$45 million in the expansion of its Newport News facility in Virginia, US. The company has been operating in Newport News for more than 48 years, and this new investment shows that Liebherr is continuing to grow its operations in the US.…

  • American Securities Acquires Prince from Palladium Equity Partnerss

    Headquartered in Houston, Texas, Prince serves a diverse range of consumer and industrial end markets by developing, manufacturing and marketing performance-critical additives. Many of the Company’s products are custom developed for specific customer applications in a variety of industries, including construction, electronics, consumer products, agriculture, battery, automotive, oil & gas,…

  • Appleby Westward Group Installs Teletrac Navman Telematics In Fleet

    Appleby Westward Group, the regional distribution centre for convenience store group Spar, has installed Teletrac Navman telematics across its entire fleet following a six-month trial. The South West-based wholesaler, who had previously not used telematics, has signed a three-year contract to use the technology in its 14 HGVs and 30 passenger…

  • Skyjack’s StackEm Stands Raises Audiences To All New Levels

    Linamar Corporation’s Skyjack division helps stadiums across the globe prepare for larger audiences for concerts, soccer matches, and American football games with their new lineup of aerial lift stadium seats. Skyjack’s newest rental line, which is offered directly to stadiums, StackEm Stands, will hit the market end of Q2 2018…

  • Orbcomm Joins Blockchain In Transport Alliance

    ORBCOMM Inc, a global provider of industrial Internet of Things (IoT) solutions, today announced that it has joined the Blockchain in Transport Alliance, a forum for the development of blockchain standards, education and solutions for the freight industry founded in August 2017. Leveraging its long-time expertise and leadership in developing…

  • BorgWarner’s New Electro-Mechanical On-Demand Transfer Case Powers 2019 Ram 1500 4×4 Pickup Trucks

    Delivers faster response and higher torque output Allows easier traction calibration and vehicle integration Scalable for small SUVs to heavy-duty pickup trucks Auburn Hills, Michigan, March 27, 2018 – BorgWarner debuts its Electro-Mechanical On-Demand (EMOD) transfer case on the 2019 Ram 1500 4×4 pickup truck. Building on BorgWarner’s proven Torque-On-Demand® clutching system,…

  • Kubota RTV-X1120 Series UTV

    The Kubota RTV-X1120 Series UTV features a 24.8 gross horsepower diesel engine. The three-cylinder, liquid-cooled diesel engine provides extra acceleration and climbing power. The engine and VHT-X transmission provide a top speed of 29 mph. Designed for reducing operator fatigue during long work days, the RTV-X1120 features shoulder restraints for…

  • Trimble Manhattan Software Certified For Fasb ASC 842 And IASB IFRS 16 Lease Accounting Compliance

    Trimble (NASDAQ: TRMB) announced today that its Manhattan™ Integrated Workplace Management System (IWMS) has obtained a Service Organization Control (SOC 1) Type 1 attestation for its Information Technology General Computer Controls (ITGC). In addition, the data processing component of its recently launched Lease Compliance modules were also included in the attestation. These…

  • Liebherr Boom Reaches The Heights

    The first job for the brand-new 450t eight-axle crane was the dismantling of a 75m tower crane at a construction site. The 85m telescopic boom on the LTM 1450-8.1 meant that no extra equipment was required for this job. After a set-up time of less than two hours during the night,…

  • AkzoNobel Specialty Chemicals Introduces Safer Organic Peroxide System To The US PVC Market

    AkzoNobel Specialty Chemicals will start supplying the first-ever emulsion-based organic peroxides in the US for the manufacture of polyvinyl chloride (PVC). The emulsion products are safer alternatives to solvent-based peroxides for making PVC, a plastic used in everyday applications including pipes, doors, windows and home siding. AkzoNobel Specialty Chemicals will…

  • Braidy Industries Completes $75 Million Issue of Common Stock and Closes Acquisition of High-Technology Metals Company Veloxint

    ASHLAND, Ky.–(BUSINESS WIRE)–Less than one year after their announcement of plans to construct a $1.5 billion greenfield aluminum mill in Greenup County, Kentucky, Braidy Industries announces its successful completion of a $75 million Series B common stock issuance at $10 per share. Following the close of this financing, Braidy Industries…

  • The CAT NO. 12: The Origins Of The Modern Motor Grader

    During the height of the Great Depression Caterpillar continued developing cutting-edge new products. In July 1938, our road machinery division launched a new machine called the Caterpillar Diesel No. 12 Auto Patrol – part of the product line known today as motor graders. The Diesel No. 12 went on to…

  • New Plant Hire Firm Going From Strength To Strength With Kubota

    DTH Plant Hire, a start up business only two years ago, is continuing to go from strength-to-strength in the plant hire market based on its commitment to provide market leading service, as well as quality and reliable products that the industry demands. The Leicestershire-based company has recently expanded its machinery…

  • Magna Celebrates Grand Opening at South Carolina Seat Facility

    For the first time in its history Magna will supply seats to the BMW Group. Company officials were joined today by South Carolina Governor Henry McMaster, members of local government and executives from BMW to celebrate the grand opening of Magna’s seat manufacturing facility in Spartanburg County, South Carolina. At the…

  • Simulation Technology & Testing: Welcome To The Future

    At Caterpillar, we validate (test) all machines, components and software to make sure they meet our customers’ high expectations. In the past, we could validate the quality of Cat® machines and components only by building them in iron and then physically testing them – a hands-on, time consuming and costly process.…

  • Meaningful relationships: Sabic Announces New Research Agreement With MIT at Innovation to Impact Forum in Boston

    SABIC was proud to participate in Innovation to Impact Forum 2018 #InnovationtoImpact co-hosted by the Massachusetts Institute of Technology (MIT) and the King Abdullah University for Science and Technology (KAUST), on the campus of MIT. At the forum, SABIC announced a new research agreement with Ahmed F. Ghoniem, Ph.D., the…

  • Trimble Introduces Tekla 2018 BIM Software Solutions

    Trimble (NASDAQ: TRMB) introduced today three new versions of its software for structural engineering, fabrication and construction teams—Tekla Structures 2018, Tekla Structural Designer 2018 and Tekla Tedds 2018. These solutions provide increased control and improved documentation through constructible Building Information Modeling (BIM) workflows for stakeholders in structural steel and concrete,…

  • ZF Posts Record Sales In 2017; Announces Increased Research And Development Activities

    “The world of mobility is spinning at high speed,” said Scheider. “We plan to provide our customers with pioneering solutions in all fields under our motto ‘See – Think – Act’, which is why we will further increase our research and development spending. In 2017, ZF spent €2.2 billion on…

  • Acquisitions Boost Loxam Revenues To €1.37 Billion

    Last year’s flurry of acquisitions has seen Loxam report a 48% increase in revenues to €1368 million for 2017, with EBITDA profits rising by 52.2% to €464.0 million. The record revenue figure includes the addition of 11 months of revenues from Hune and Lavendon, four months from Cramo’s Danish business,…

  • Loxam Belgium Chooses Easy Lifts

    Easy Lift has supplied two tracked platforms to Loxam in Belgium. The pair of 12.2m working height R130 units have been delivered to two depots located in Couillet and Tournai by Easy Lift distributor France Elevateur Benelux. Loxam chose a standard machine equipped with petrol engine – diesel is also…

  • OLEDWorks Partners With BASF To Introduce New OLED Lighting Technology With High Efficiency And High Flexibility

    Münster/Germany and Aachen/Germany, March 20, 2018 – OLEDWorks, leading manufacturer of OLED lighting panels, and BASF’s Coatings division, expert for high-quality coatings solutions, joined forces to develop the world’s brightest bendable OLED panels. The new product range named “Brite 3” enables an improved efficacy while having still the superb color…

  • Europe’s Loxam Posts 40-Percent Revenue Increase In 2017

    Loxam, Europe’s largest rental company, reported €1.368 billion in 2017 revenue, (about U.S. $1.675 billion), a 40 percent increase compared to 2016. EBITDA rose from 33 percent of volume to 34 percent. Loxam said 61 percent of its revenue was generated in France, with 46 percent coming from general rental…

  • Wex Health Cloud Adds Features And Functionality To Drive Consumer Engagement

    WEX Health, a WEX Company and an award-winning healthcare financial technology platform provider, has introduced significant new features and functionality to its WEX Health Cloud platform. The company’s product roadmap investments—focused on engagement, account growth, and efficiency—are reflected in the customization capabilities designed to help WEX Health partners further drive consumer engagement. Engagement On the mobile…