Month: December 2018

  • Axereal To Acquire Cargill’s Malt Business

    Cargill and Axereal announce their intention to enter into an agreement under which Cargill will sell its malt business to Axereal’s malt subsidiary, Boortmalt. The transaction involves the global malt business, including 15 facilities across four continents, representing more than 500 people. This transaction would give Boortmalt access to a…

  • Magna Acquires VIZA Geca to Bolster Its Seating Capabilities

    Delivering future-ready seating solutions that enable added functionality is key as new mobility changes the way consumers use their vehicles. This kind of functionality starts with the seat structure itself. To further enhance Magna’s capabilities in this area, the company signed an agreement to acquire VIZA Geca SL of Spain,…

  • New Plant in Guangde Opened

    Rheinmetall Automotive has, together with its Chinese joint venture partner HUAYU Automotive Systems, opened yet another production location. Around 16,000 square meters, the new plant of HASCO KSPG Nonferrous Components Co. Ltd. is situated in Guangde in the Chinese province of Anhui, northwest of Shanghai. This is the sixth location…

  • ZF Electric Driveline To Premiere In Formula E

    The world’s first racing series for all-electric Formula vehicles is growing steadily in popularity. Following in the footsteps of manufacturers like Audi, Jaguar and Mahindra, the fifth season will see BMW and Nissan joining the series with factory teams. Mercedes and Porsche are planning a factory-backed entry in season six.…

  • Skyjack’s Top Selling Scissor Lifts Enter Beijing

    Linamar Corporation’s Skyjack division delivered a fleet of it’s top selling scissor lift, the SJIII 3219, to a new customer in Beijing. Zhongjian Huijin, a leading rental company based out of Beijing has been helping companies in Northern China work safely at height since 2014. “We have been hard at…

  • Trimble Launches New Mobile App For Contractors To Manage Business More Efficiently

    Trimble (NASDAQ: TRMB) launched today Contractor WorkZone, a simple construction business software and project management tool. Built specifically for smaller contractors and companies, Contractor WorkZone enables users to run their business as well as manage their jobs, teams and finances all from one easy-to-use mobile application running on Apple or…

  • BASF For The First Time Makes Products With Chemically Recycled Plastics

    BASF is breaking new ground in plastic waste recycling with its ChemCycling project. Chemical recycling provides an innovative way to reutilize plastic waste that is currently not recycled, such as mixed or uncleaned plastics. Depending on the region, such waste is usually sent to landfill or burned with energy recovery.…

  • CLAAS Improves Profitability With Increasing Revenue

    CLAAS, one of the leading manufacturers of agricultural machinery worldwide, was able to increase its sales to a new record of 3.889 billion euros (previous year: 3.761 billion euros). Profit before taxes clearly increased to 226 million euros (previous year: 184 million euros). Sales revenue rises by 3.4% to a…

  • Bocar Group Invests in $115 Million Expansion in Alabama

    Global automotive supplier Bocar Group, specializing in plastics, aluminum die casting and machining, began construction on a new 350,000-square-foot facility in Huntsville, AL. The $115 million expansion, when completed, is estimated to bring more than 300 jobs to the area. Headquartered in Germany, where it has facilities in Leinfelden-Echterdingen and…

  • Liebherr Actuators For Velaro Novo

    Transportation Systems recently received from Siemens Mobility GmbH, Munich (Germany) the order to develop cooling brake resistor flap actuators for Velaro Novo high-speed trains. 24 electro-hydraulic actuators will be required for each train set, which consists of two end cars and six trailer vehicles. The electro-hydraulic actuator opens and closes…

  • Trimble Provides Seismic Vault-Quality Data In A Lightweight And Compact Sensor

    Trimble introduced today the portable REF TEK® Colt™ broadband seismometer that provides high-quality data for scientists and academics using seismic networks to conduct earth movement studies. The announcement was made at the American Geophysical Union (AGU) 2018 Fall Meeting. Working in combination with a Trimble or third-party seismic data recorder,…

  • Drive Of The future: Liebherr Highlights The Relevance Of Combining Technologies

    In order to comply with the increasingly stricter emission standards for the reduction of emissions, manufacturers of cars, commercial vehicles, trains, as well as mobile machinery and equipment, face a challenge: They pursue various drive concepts in order to implement current and future requirements. Drive sources for diverse applications At…

  • Haulotte Quick Positioning App

    Haulotte is a major global player providing a portfolio of increasingly innovative solutions. The Group has engaged major projects to deeply transform and upgrade its company performance to become a digital company. The Haulotte value proposition cover a wide range of solutions around the products portfolio: Financing, Services, Second Life, but also Apps dedicated to these machines.…

  • BASF’s Light Stabilizer Improves Durability Of China’s TPO Roofing Membranes

    China Building Materials Academy Suzhou Waterproof Research Institute (SZWRI), a leading waterproofing materials research center in China, now includes BASF’s Chimassorb® light stabilizer in its standard package of thermoplastic polyolefin (TPO) compounds for roofing membranes. TPO roofing membranes are used in flat roofs as an alternative to bitumen, to protect buildings…

  • Oshkosh Corporation Honored As One Of The Best Places To Work By Glassdoor For Second Consecutive Year

    Oshkosh Corporation (NYSE:OSK) today announced that it has been honored with a Glassdoor Employees’ Choice Award, recognizing the Best Places to Work in 2019. The Employees’ Choice Awards program, now in its 11th year, relies solely on the input of employees, who elect to provide feedback on their jobs, work environments…

  • Donaldson Company Reports First Quarter 2019 Earnings

    Donaldson Company, Inc today reported record first quarter net earnings of $73.8 million, or $0.56 per share, compared with $60.9 million, or $0.46 per share, in 2018. First quarter 2019 net earnings include a discrete tax benefit of $0.9 million related to the Federal Tax Cuts and Jobs Act (TCJA), which has…

  • Liebherr-Aerospace Toulouse SAS: New Logistic Distribution Center

    Liebherr-Aerospace Toulouse SAS, Liebherr’s center of competence for air management systems, started operation in a new logistic distribution center with its logistic partner. The facility covers 2,100 sqm and offers a 13 m high storage area for the handling and dispatching of Liebherr-Aerospace products. The building in which the logistic…

  • WEX Signs Long-Term Fuel Card Processing Deal with Z Energy

    WEX Card Australia, a subsidiary of WEX Inc., a leading provider of corporate payment solutions, today announced that it has signed a significant agreement with Z Energy Ltd. Z Energy, a leading New Zealand Transport Energy Company, has selected WEX to develop, support and manage a fuel card processing platform for Z Energy in New Zealand along…

  • Donaldson Introduces Innovative System, Making Gas Turbine Filter Selection Easier

    Donaldson Company, Inc. (NYSE: DCI), a leading worldwide manufacturer of filtration systems and parts, has introduced an easier way for gas turbine system operators to select replacement air filters, developing laboratory tests to quantify watertightness and pulse recovery rate, a first for the industry. Historically, efficiency has been the standard…