Power Transmission Engineering Industry News 2006

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Honda Announces $615 Million U.S. Expansion Project
Honda announced plans May 16 to invest $615 million and increase employment by more than 1,900 to expand its North American automobile, e... (posted 2006-05-01)

Voith Turbo Introduces Integrated Management System
Voith Turbo received quality management certification in accordance with the international standard ISO 9001 at the beginning of the 1990... (posted 2006-05-01)

Rexnord Sold to Apollo for $1.8 Billion
Apollo Management LP bought Rexnord Corp. from The Carlyle Group for $1.825 billion. The Carlyle Group announced the transaction on th... (posted 2006-04-30)

Shanghai International Machine Tool Fair Releases 2007 Itinerary
China will be staging its Shanghai International Machine Tool Fair in 2007, with the focus on advanced CNC machine tools and systems. ... (posted 2006-04-27)

Hansen Transmissions Invests More than 10 Million Euros in New Test Infrastructure
Hansen Transmissions announced an investment of more than 10 million euros for a 13 megawatt test bench for the dynamic testing of wind t... (posted 2006-04-27)

Lufkin Industries promoted Larry M. Hoes to executive vice president and COO.
Lufkin Industries promoted Larry M. Hoes to executive vice president and COO. Hoes has been an executive officer since 1996. In his n... (posted 2006-04-27)

Bonfiglioli Inaugurates Turkish Facility
Bonfiglioli inaugurated a facility in Izmir, Turkey in October. According to the company's press release, Turkey has recently been... (posted 2006-04-26)

ANCA Expands Worldwide
Melbourne-based machine tool manufacturer ANCA opened three new sales offices in overseas markets and established its first overseas manu... (posted 2006-04-26)

Ikona Announces Marketing Agreement with Bronte Engineering
Ikona Gear International announced signing a letter of intent with Bronte Engineering Technologies Ltd., a U.K.-based engineering and man... (posted 2006-04-25)

Precision Alliance Establishes New Product Line
The Precision Alliance established a new product line to be sold directly to the U.S. market. According to the company's press rel... (posted 2006-04-23)

Cloyes Gear Acquired by KPS Funds
KPS Special Situations Funds announced their acquisition of Cloyes Gear and Products. Financial terms of the agreement were not disclo... (posted 2006-04-22)

GE Energy Partners with Chinese Co. To Develop Wind Turbine Gearboxes
GE Energy and Nanjing High Speed & Accurate Gear Company (NGC) have agreed to jointly develop gearboxes for GE's 1.5-megawatt wind tu... (posted 2006-04-22)

Frenco Assumes Control of Hommelwerke Gear Inspection Line
Hommelwerke GmbH announced recently that gear inspection specialist Frenco GmbH has assumed control of the manufacture, sales, calibratio... (posted 2006-04-22)

Rockwell Automation Sells Motor and Motor Repair Business
Rockwell Automation Inc. announced plans to sell its Dodge mechanical and Reliance Electric motors and motor repair services businesses. ... (posted 2006-04-21)

Mahr Federal Acquires Helios Messtechnik
The managing directors of Mahr Group signed an agreement for the acquisition of Helios Messtechnik GmbH & Co. KG by the Mahr Group The... (posted 2006-04-20)

President Bush Visits Fox Valley Metal Tech
President Bush visited Mitsubishi Laser customer, Fox Valley Metal-Tech (Green Bay, WI) last month to address the nation on the small bus... (posted 2006-04-20)

Overton Gear and Klingelnberg Form Strategic Alliance
Klingelnberg GmbH and Overton Gear have formed a strategic alliance for manufacturing and supplying high quality large spiral bevel gears... (posted 2006-04-19)

AMT Reports May Manufacturing Consumption Up 21 Percent
Domestic manufacturing technology consumption totaled $319.4 million, according to the American Machine Tool Distributors' Associatio... (posted 2006-04-19)

Rockwell Automation Plans to Sell Mechanical and Motor Business
Rockwell Automation announced plans to sell its Dodge? mechanical and Reliance Electric motors and motor repair services businesses, the ... (posted 2006-04-19)

Paulo Products Upgrades to ISO TS 16949: 2002
The St Louis, MO facility of Paulo Products Company has successfully passed the upgrade audit and has been awarded accreditation to ISO/T... (posted 2006-04-18)

Ametek Registered for Penn Engineering Motion Technologies
Ametek Inc. acquired Penn Engineering Motion Technologies, a unit of Penn Engineering and Manufacturing Corp. for $64 million. PMT, co... (posted 2006-04-18)

Ondrives Manufactures Showcase Gearboxes
Ondrives Ltd. of Chesterfield, U.K., manufactured two gearboxes for a pharmaceutical company’s teaching purposes. According to th... (posted 2006-04-17)

New President Named at Renold Jeffrey
George Grahma was named president of Renold Jeffrey, the U.S subsidiary of Renold plc. Graham joined the company in 2001 as vice presi... (posted 2006-04-17)

Bishop-Wisecarver Introduces New Heavy-Duty Track Systems
The HDRT heavy duty ring slide and track system from Bishop-Wiscarver combines the flexibility features of the HepcoMotion’s PRT rin... (posted 2006-04-17)

Regal Beloit Sells Cutting Tools Business Unit
Regal Beloit Corp. completed of the sale of all the assets of Regal Cutting Tools to YG-1 Co. Ltd. This sale will reduce Regal Beloit&... (posted 2006-04-17)

MAG Industrial Automation Systems Receives American Axle Supplier Award
The Powertrain Technologies Group of MAG Industrial Automation Systems of Sterling Heights, Michigan, has received a Supplier Recogniti... (posted 2006-04-17)

Pacamor Kubar Bearing Announce 99.4 Percent On-Time Delivery Status
Pacamor Kubar Bearings (PKB) announced its on-time order delivery of all standard products continues its unique status in the industry,... (posted 2006-04-17)

Service Network Adds Precision Technologies to Grinder Sales Representation Network
Service Network, Inc. (SNI) recently added Precision Technologies to their network of world-wide sales representation. Precision Tec... (posted 2006-04-17)

Star Cutter Announces Acquisition of Northern Tool Sales & Service
Star Cutter Co. announced the acquisition by stock purchase of Northern Tool Sales & Service (NTSS), Warren, MI, effective October 31. ... (posted 2006-04-17)

Voith Turbo Safeset Wins Major Chinese Safety Coupling Contract
The Voith Turbo product group Safeset Safety Coupling, based in Hudiksvall, Sweden received a major contract from Changchun Railway Vehic... (posted 2006-04-16)

Bishop Wisecarver Appoints New Vice President
Bishop Wisecarver Corp, appointed Ray Harrington as vice president of business development. According to the company’s press rel... (posted 2006-04-16)

ArvinMeritor Focuses on Automated Manual Gearboxes
ArvinMeritor announced a decision to place greater emphasis on the sales and marketing of the FreedomLine automated manual transmission b... (posted 2006-04-15)

Suzlon Energy Plans Worldwide Expansions
Wind energy company Suzlon Energy plans to expand capacity by 4,200 MW and is scheduled to complete the project by June 2007. Suzlon w... (posted 2006-04-15)

Bishop Wisecarver Appoints New National Sales Manager
Bishop-Wisecarver Corporation announced it has appointed Michael McVeigh, a 20-year veteran in the bearing and linear motion industries, ... (posted 2006-04-15)

SKF Acquires Precision Balancing & Analyzing
SKF USA Inc. of Kulpsville, PA, acquired Precision Balancing & Analyzing (PB&A), a spindle repair and upgrade company based in Mentor, OH... (posted 2006-04-15)

mG miniGears Named One of Europe’s Fastest Growing Companies
mG miniGears SpA of Padua announced that it has been listed No. 272 among the fastest growing European companies included in the 2006 Eur... (posted 2006-04-15)

Former Boston Gear President Receives PTDA Lifetime Achievement Award

Roger A. Pennycook, former president of Boston Gear and former vice president of Textron Fluid & Power Co., was the 17th recepient... (posted 2006-04-15)

Alfe Heat Treat Hires New Rep
D. Ray Garrett joined Alfe Corporate Group as a sales rep for teh Wabash Division in Wabash, IN. According to the company’s press... (posted 2006-04-14)

Steinmeyer Introduces New Precision Vertical Stage
Steinmeyer announced a new vertical positioning stage manufactured by its FMD division. The model HT 03-LM offers a travel of 3 mm wi... (posted 2006-04-14)

Applied Process Chinese Operation Sets an Opening Date
John Keough, CEO of Applied Process, announced that AP Suzhou, located in Suzhou, Jiangsu Province, China, will commence commercial auste... (posted 2006-04-14)

Service Network and Worcester Polytechnik Launch Grinding Consortium
Service Network is spearheading an effort with Worcester Polytechnic Institute to form a grinding research center located in Worcester, M... (posted 2006-04-14)

Chick Workholding Implements Consumer Design Program
Chick Workholding Solutions invited the CNC marketplace to contribute to the design of its new CNC vise before it is released. The new... (posted 2006-04-14)

Renault, Nissan and GM Explore Alliance Possibilities
General Motors, Renault and Nissan said that an exploratory discussion was held regarding the possibility of an industrial alliance among... (posted 2006-04-14)

Emuge Opens New Manufacturing Center
Emuge Corp. moved to its new North American headquarters in West Boylston, MA. According to the company's press release, the new 2... (posted 2006-04-13)

Maus SpA Introduces Line of Multitasking Machining Centers
Maus SpA of Padova, Italy, announced its intention to introduce a full line of multitasking machining centers as well as machine tools fo... (posted 2006-04-13)

Bearing Specialist Association Announces 2006 Board
The Bearing Specialists Association elected Tom Miller of Motion Industries INc. as association president for 2006-2007 at its annual mee... (posted 2006-04-12)

Timken Sells Precison Components Business in Europe
The Timken Co. announced the sale of Timken Precision Components to a group of investors made up of the unit's current management tea... (posted 2006-04-12)

Timken Approved for Bearing Repair on GE’s CF34-3 Aircraft
The Timken Co. announced that its aerospace aftermarket solutions subsidiary, Bearing Inspection, has been named by GE Aircraft Engines a... (posted 2006-04-12)

Chuck Bunch Appointed NAM Chairman
The National Association of Manufacturers Board of Directors today unanimously approved the nomination of Charles E. (Chuck) Bunch, chair... (posted 2006-04-11)

PennEngineering Motion Technologies Acquired by AMETEK
Ametek Inc. announced that it has acquired PennEngineering Motion Technologies, a unit of Penn Engineering & Manufacturing Corp., for app... (posted 2006-04-08)

Bishop Wisecarver Sponsors Charity Fashion Event
Bishop Wisecarver Corp., a manufacturer of guided motion technology, partially sponsored Wardrobe for Opportunity's second annual Pow... (posted 2006-04-08)

Bison Gear CEO Appointed to National Science Board Commission
Ron Bullock, chairman and CEO of Bison Gear and Engineering, has been appointed as a member of the Commission on 21st Century Education i... (posted 2006-04-07)

Baldor Agrees to Buy Rockwell Automation Division
Baldor Electric Co. has agreed to purchase the power systems business of Rockwell Automation Inc. for $1.8 billion, in a deal expected to... (posted 2006-04-07)

Sandvik Coromat and Camito Sign Cooperative Agreement
Sandvik Coromant and Camito signed a cooperation agreement for further mutual development and improvement of the technology for machining... (posted 2006-04-06)

Seco/Warwick Appoints Manufacturers Rep in Canada
Jeff Boswell, president and CEO of Seco/Warwick Corp., announced the appointment of Gunnar Poschmann of Synergetic Technologies Inc. as a... (posted 2006-04-06)

Getrag Combines 14 Companies Under Corporate Umbrella
The Getrag Corporate Group will combine its 14 individual companies in the GETRAG Group and GETRAG Ford Transmissions in transmission sys... (posted 2006-04-05)

Bosch and Getrag Collaborate on Hybride Systems with Dual Clutch Transmissions
GETRAG and Bosch signed a cooperative agreement covering the development and marketing of parallel hybrid systems in conjunction with dua... (posted 2006-04-05)

Timken Provides Steel Solution for Bosch
The Timken Co. collaborated with one of its major automotive customer to produce a steel that is easier to machine. Working with the R... (posted 2006-04-03)

Raytheon Missle Buys Allied Motion’s Gimbal Servo Modules
Allied Motion Technologies announced a commitment from Raytheon Missiole Systems to purchase gimbal servo modules from Allied’s whol... (posted 2006-04-02)

Bison Appoints New Vice President of Sales and Marketing
Bison Gear and Engineering announced that John Morehead has been appointed vice president of sales and marketing. Morehead was previo... (posted 2006-04-02)

Timken Announced Plans for Bearing Manufacturing Facility in India
The Timken Co. announced plans to build a bearing manufacturing facility in India. The plant will be located in Chennai, in the southern ... (posted 2006-04-02)

Bison Gears Adds Custom AC Motors
Bison Gear and Engineering plans to begin manufacturing their own line of AC motors in their St. Charles, IL, facility beginning in April... (posted 2006-03-15)

SECO/Warwick Appoints New VP
Janusz Kowalewski was appointed vice president, vacuum systems at SECO/Warwick. According to the company’s press release, Kowalew... (posted 2006-03-14)

Balzers Opens Coating Center in Houston
Balzers, Inc. opened a new coating center in Houston, Texas. As of January 30, 2006, the Houston Center began coating production of ... (posted 2006-03-14)

Voith Transmission Used in China’s Most Modern Buses
After the introduction of the first BRT "Bus Rapid Transit" line in Beijing in December 2004, Hangzhou is launching its own BRT line in A... (posted 2006-02-16)

Service Network Expands Representation Network
Service Network announced that Precision Machine Tools Inc. as their exclusive representative for the Northeast region. Their princip... (posted 2006-02-14)

HD Systems Merges with Harmonic Drive Technologies
HD Systems Inc. and Harmonic Drive Technologies, Nabtesco Inc. have merged, effective Jan. 1, 2006. The newly formed joint companny wi... (posted 2006-02-06)

Philadelphia Gear Opens Dubai Sales Office, Names New Manager
Philadelphia Gear Corp. opened a new sales office in Dubai, United Arab Emirates in November. James Aston was appointed as Middle East re... (posted 2006-01-30)

Executive Promotions at Ohio Broach
Charles P. Van De Motter was promoted to CEO and chairman of the board at Ohio Broach & Machine. Van de Motter previously worked as p... (posted 2006-01-19)

Metaldyne Purchases Forging Technologies
Metaldyne announced its purchase agreement with Forging Technologies Inc. related to the acquisition of Metaldyne's North American fo... (posted 2006-01-19)

Soft Servo Systems Upgrades to Corporate Status

The Soft Servo Systems Japan branch office has been expanded and upgraded to a corporation with a new h... (posted 2006-01-19)

KISSsoft and Geartech Jointly Develop New Software Program

KISSsoft AG and GEARTECH Software are pleased to announce the introduction of a new and updated version of GEARCALC, a gear design pro... (posted 2006-01-19)

Fairport Products Acquires Auburn Ball Bearing

 Fairport Products, a designer and manufacturer of power transmission parts, announced that it has completed... (posted 2006-01-19)

Moventas Receives Order for Mass Deliveries of Wind Turbine Gears to Acciona

Moventas signed a supply agreement for substantial deliveries of wind turbine gearbo... (posted 2006-01-14)

Bison Gear Appoints New Preident, Executive Vice President
Larry Kujovich was appointed president of Bison Gear and Engineering. The company also promoted George Thomas to executive vice president... (posted 2006-01-10)