GOTHENBURG, Sweden (Nov. 3, 2016)—SKF is investing nearly $17 million (SEK 150 million) in modernizing its cylindrical roller bearing (CRB) manufacturing in Schweinfurt, Germany, according to a statement from the company.
This is the third significant manufacturing investment announced by SKF in the last 18 months, following the announcement of similar investments in Gothenburg, Sweden, and Flowery Branch, Ga., the company said.
ZURICH, Switzerland (Nov. 2, 2016)—ABB has won an order of more than $40 million to provide advanced power equipment to the 800-kilovolt (kV) Dianxibei-Guangdong ultra-high-voltage direct current (UHVDC) transmission link, according to a statement from ABB.
GLEN ELLYN, Ill. (Nov. 1, 2016)—Dreisilker Electric Motors Inc. reported the passing of company founder and inspiration Henry Dreisilker, 90, on Nov. 1, 2016.
The company released the following statement:
LAKE FOREST, Calif. (Oct. 31, 2016)—Schneider Electric announced the acquisition of MaxEAM, a software company with complementary applications that extend Avantis.PRO Enterprise Asset Management.
ORLANDO (Oct. 31, 2016)—The Fluid Sealing Association (FSA) at the POWER-GEN International conference in December is hosting four courses that provide participants with continuing education units (CEU).
BOSTON & HOUSTON (Oct. 31, 2016)—GE and Baker Hughes announced that the companies have entered into an agreement to combine GE Oil & Gas and Baker Hughes to create an oil field technology provider with a unique mix of service and equipment capabilities, according to a statement from the companies.