HMS takes control at German IIoT firm, WEBfactory
14 March 2019 Swedish-based HMS Industrial Networks AB, a subsidiary of HMS Networks AB, has acquired 74.9% of the shares in the German company WEBfactory, which provides Web-based… Read More
15 Oct 2026
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AUTOMATION FOR MANUFACTURING
AB
14 March 2019 
Cone Drive returns to US ownership as Timken buys it
25 July 2018 The US bearings and power transmission company, Timken, is buying the precision mechanical drives manufacturer, Cone Drive, from Scotland’s Clyde Blowers Capital (CBC), for an… Read More
Siemens’ smallest-ever drive is 68mm wide
15 April 2016 Siemens has announced its smallest-ever frequency converter – a 68mm-wide and 142mm-high device for ratings up to 0.75kW. The latest addition to the Sinamics V20… Read More
Danielson succeeds Johnstone as SKF’s president and CEO
21 August 2014 SKF’s long-serving president and CEO, Tom Johnstone, is stepping down and will be succeeded by Alrik Danielson, who has been president and CEO of the… Read More
