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SKF breaks ground on new Northeast Asian Distribution Centre SKF breaks ground on new Northeast Asian Distribution Centre(0)

SKF broke ground today on a new regional distribution centre located in the WaiGaoQiao Free Trade Zone in the northeast part of Shanghai. The new centre will support the entire NE Asia Pacific region and joins the global network of SKF regional distribution centres already located in North America, Latin America, Europe, and Asia. This […]

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SKF Inaugurates New Bearing and Hub Unit Factory in Jinan, China SKF Inaugurates New Bearing and Hub Unit Factory in Jinan, China(0)

SKF inaugurated its new bearing and hub unit factory in Jinan, Shandong Province in China. The new factory will support the continued growth of SKF’s business in China and Asia. The factory, built according to the Leadership in Energy and Environmental Design (LEED) standard will provide tapered roller bearings and SKF Split Truck Hub Units […]

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ABB wins $140 million order in Brazil to automate world’s largest iron ore mine investment ABB wins $140 million order in Brazil to automate world’s largest iron ore mine investment(0)

ABB, the leading power and power technology group, has won orders totaling $140 million from Vale S.A. (Vale) to supply automation and electrical equipment for the world’s largest iron ore project investment, which comprises in the development of a mine and a processing plant located in Brazil. The orders were booked during the first quarter. […]

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SKF celebrates 100 years in China and announces significant new investments SKF celebrates 100 years in China and announces significant new investments(0)

SKF has started a weeklong celebration of its 100-year anniversary in China holding a number of events. SKF sales in China started in 1912 and today SKF has 18 factories and over 7,000 employees in China. SKF also announces further investments in this important market through establishing a new SKF Campus in Jiading, Shanghai to […]

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ABB wins $35 million power plant order in Turkey ABB wins $35 million power plant order in Turkey(0)

Zurich, Switzerland, Sept.3, 2012 – ABB, the leading power and automation technology group, has won an order worth around $35 million to provide a turnkey electrical and automation solution for the 290 megawatt (MW) Yunus Emre thermal power plant near Eski?ehir in northwestern Turkey, comprising two 145 MW units. The plant will comply with the […]

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WTO takes up India’s Request for Panel Against US Steel Duty WTO takes up India’s Request for Panel Against US Steel Duty(0)

NEW DELHI: The World Trade Organization’s dispute settlement body will take up on Monday India’s request for a panel to settle a dispute over alleged wrongful penal duties imposed on Indian steel by the US. The duties have made steel exports by leading steel manufactureres including Essar, Jindal and Sail uncompetitive in the US. “We […]

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China invests for the production of High precision bearings China invests for the production of High precision bearings(0)

To be less dependent on imports, China has to develop the production of high-precision bearings. It is projected that by 2015, sales of China’s bearing industry will reach 222 billion yuan ($ 33.3 billion) with an average growth rate of 12-15%. To be able to sustain this pace and to become technologically independent, National manufacturers of […]

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Fersa is planning to open a factory in Mexico and India Fersa is planning to open a factory in Mexico and India(0)

Company A & S Fersa (Spain, str. Zaragoza) intends to make the next step in the expansion of its production capacities. The Spanish manufacturer of tapered roller bearings for lorries and agricultural machinery, cars and general industry, plans to open in late 2013 or early 2014 a new plant in Mexico, which will begin to […]

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NTN counterfeit bearings intercepted in the Chinese port of Jianying NTN counterfeit bearings intercepted in the Chinese port of Jianying(0)

The Nanjing District Customs (Jiangsu, China), intercepted together with the Customs of the port Jianying  a party of counterfeit NTN Bearings on March 15 2012. After inspection of a foreign vessels from Hong Kong, which was loaded with spare parts for the repair of ships, 33 sets of cylindrical roller bearings with NTN brand with […]

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5 Russian Bearing Plants will probably survive the WTO 5 Russian Bearing Plants will probably survive the WTO(0)

According to the Russian media, referring to representatives of the State Duma, in the next three months, an agreement to join the World Trade Organization (WTO) may be approved (by July), and Russia may become a member of this organization. This is a major concern of representatives of Russian bearing industry. In their view, the […]

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