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The Manufacturer of Ballscrews Will See Sales of Intelligent Robots More Than Double

Feb 13, 2014

Hiwin Technologies Corp. Chairman and Chief Executive Officer (CEO) Eric Chuo announced at the company's Jan. 17 yearend banquet that the manufacturer of ballscrews will see sales of intelligent robots more than double this year over 2013 ...

Tags: ballscrews, robotic, precision-machinery, automation system

Samsung Is Growing More Dependent on Its Electronics Arm for Its Operating Profit

Feb 12, 2014

Samsung Group, South Korea’s No. 1 conglomerate, is growing more dependent on its electronics arm for its operating profit, latest market data showed Tuesday. Samsung Electronics Co., the flagship unit of the business group, ...

Tags: Samsung, Tech Arm

Regal Beloit Reported Financial Results for The Fourth Quarter and Fiscal 2013

Feb 12, 2014

Regal Beloit Corporation RBC +1.42% today reported financial results for the fourth quarter and fiscal 2013. Net sales for the fourth quarter 2013 were $727.3 million compared to $715.6 million for the fourth quarter 2012. Net income ...

Tags: Regal BELOIT, financial results

UK Carried out Tests Only to Find Over Third of 900 Food Samples Mislabeled

Feb 12, 2014

Tests carried out by a council laboratory in West Yorkshire found that over third of 900 food samples were not what they claimed to be or were improperly labeled. Public are buying fake or mislabeled food, including mozzarella that is ...

Tags: Food Products, food samples

Fort Collins Brewery to Expand The Distribution of Its Beers Across Maryland

Feb 12, 2014

Fort Collins Brewery (FCB), a US-based family-owned, hand-crafted brewery, has partnered with seven different distributors to expand the distribution of its beers across Maryland. The seven distributors include Bob Hall, Guy Distributing, ...

Tags: hand-crafted brewery, beers

Severstal Stated Its Subsidiary Karelsky Okatysh

Feb 12, 2014

Russian steelmaker Severstal has stated that its subsidiary Karelsky Okatysh, a major iron ore production and processing plant in Russia, has launched production of new iron ore pellets with a higher iron ore content. Cherepovets Steel ...

Tags: Iron Ore, Steel, Metallurgy

Helix Will Provide The Topsides&Manage The Integration of The Well Intervention Equipment

Feb 12, 2014

Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that it has entered into agreements with Petróleo Brasileiro S.A. (Petrobras) to provide well intervention services offshore Brazil. Helix will be providing the services ...

Tags: Vessels, Service, Transportation

Clean Air Power and Ricardo Produce a Dual-Fuel Truck Engine

Feb 12, 2014

Clean Air Power has entered into an agreement with British automaker Ricardo to produce a dual-fuel truck engine for South East Asian Market in a concept development agreement with a global truck manufacturer. This project will use ...

Tags: Clean Air Power, Truck Engine

Continental and Carlyle Group Acquire Veyance Technologies for EUR1.4bn

Feb 12, 2014

German autoparts maker Continental has entered into an agreement with The Carlyle Group to acquire US-based Veyance Technologies, which operates in operates rubber and plastics technology business, for EUR1.4bn. Veyance Technologies, ...

Tags: Continental, Auto Parts

Renault-Nissan's 2013 Calendar-Year Sales

Feb 12, 2014

The Renault-Nissan Alliance sold a record 8,266,098 vehicles in 2013, propelled by record sales in the car group’s two largest markets, China and the United States. Renault-Nissan's 2013 calendar-year sales, which include sales of ...

Tags: Renault-Nissan, Auto Parts

Festo Introduces The DGC-K as a Drive Ideal for Simple Drive Functions

Feb 12, 2014

Festo introduces the DGC-K, a compact rodless pneumatic drive ideal for simple drive functions and positioning operations, such as opening and closing doors and end of line packaging applications. Relative to its stroke, this unit is ...

Tags: Simple Drive Functions, Food

The Fleurette Group Announces a Further Financial Commitment to Kitoko Food

Feb 12, 2014

The Fleurette Group announces a further financial commitment of $1.5 million for 2014 to Kitoko Food, bringing the total investment made by Fleurette in the project to $14 million since it was established in June 2012. Kitoko Food is an ...

Tags: Fleurette, Food

BMW I8 Will Apply New Laser Light Technology

Feb 12, 2014

German carmaker BMW has announced that its new laser light technology will be incorporated into its plug-in hybrid sports car, BMW i8, beginning autumn 2014. The luxury carmaker has equipped its BMW i8 with the new laser light concept, ...

Tags: BMW, Laser Light Technology

Soul EV Is Announced by KMA at 2014 Chicago Auto Show

Feb 12, 2014

Set to the sounds of soulful electrified blues music, Kia Motors America (KMA) today hosted the global unveiling of the 2015 Soul EV at the Chicago Auto Show. Scheduled to go on sale in the third quarter of 2014, the Soul EV will be Kia's ...

Tags: Kia Motors, Auto Show

Mercedes-Benz Launches Seven New Versions of A, B and CLA-Class for Orders

Feb 12, 2014

German automaker Mercedes-Benz has introduced seven new versions of its A, B and CLA-Class for orders, which will be delivered beginning March 2014. Of the seven new versions, the A 200 CDI 4MATIC and A 220 CDI 4MATIC are the first ...

Tags: Mercedes-Benz, CLA-Class