21 October 2021 The electric motors and mechanical power transmission manufacturer Regal Beloit has completed its merger with Rexnord Process and Motion Control (PMC) to create a new… Read More
21 October 2021 The Japanese motors and drives manufacturer Nidec has acquired the Mitsubishi Heavy Industries Machine Tool company, which designs and manufactures machine tools, cutting tools and… Read More
19 October 2021 Siemens is spinning off its large drives applications (LDA) business as a separate legal entity, before possibly selling the operation or forming a partnership with… Read More
26 July 2021 UPDATED: ABB is selling its Dodge mechanical power transmission business to the US bearings-maker RBC Bearings for $2.9bn in cash. The deal will double RBC’s… Read More
2 July 2021 Siemens is planning a “fundamental transformation” of the way it sells software products, starting next year, when its Digital Industries (DI) business will start to… Read More
8 June 2021 The Californian motor developer Turntide Technologies, has acquired two UK businesses, Hyperdrive Innovation and the engineering technical centre business of BorgWarner Gateshead, and plans to… Read More
1 June 2021 Conditions in the UK manufacturing sector improved at an unprecedented pace in May, as output growth strengthened and new orders rose at the fastest pace… Read More
17 February 2021 The US-based mechanical power transmission supplier Rexnord is merging its process and motion control (PMC) business with that of its larger rival Regal Beloit to… Read More
8 February 2021 The Japanese electric motor and drives manufacturer Nidec is buying Mitsubishi Heavy Industries’ machine tools business for a reported 30 billion yen ($285m). The business,… Read More
4 December 2020 The vast majority of UK manufacturers (95%) expect their businesses to recover fully from the effects of the Coviod-19 pandemic within a year of a… Read More
