SKF sells Kaydon velocity controls business for $339m
SKF is selling its Kaydon velocity control business to Stabilus for $339m. SKF acquired the business as part of the Kaydon Corporation, which it bought… Read More
SKF is selling its Kaydon velocity control business to Stabilus for $339m. SKF acquired the business as part of the Kaydon Corporation, which it bought… Read More
Delphi Automotive is buying the UK-headquartered cable management specialist HellermannTyton Group in a deal that values the business at around £1.07bn ($1.67bn). Delphi’s main interest… Read More
The Gates Corporation, whose products include industrial belts and fluid power products, has been bought by the private equity group Blackstone for $5.4bn. Gates’ previous… Read More
The Coventry–based automation systems specialist Expert Group, has acquired Widnes-based Tracoinsa Systems UK, which produces conveyor systems for the automotive sector. Tracoinsa is the fifth… Read More
The global demand for industrial robots reached an all-time-high in 2013, with around 168,000 being sold, according to the latest statistics from the International Federation… Read More
The number of industrial robots sold in the UK during 2013 fell slightly from 2012 when a record number of 2,476 were sold. During 2013,… Read More
The German automotive and power transmission giant Continental is buying Veyance Technologies – which sells products under the Goodyear Engineered Products brand – for around… Read More
Global sales of electric motors for non-industrial applications – from domestic appliances to cars – will grow from 9.8 billion in 2012 to 12 billion… Read More
The automotive engineering and manufacturing group, Cosworth, has announced plans to open a factory based on a state-of-the-art flexible manufacturing system (FMS) that, it says,… Read More
Sales of robots in the UK during the second quarter of 2013 were more than double those in the first quarter and almost as large… Read More