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Royal Acquires Maytag Bearing Inventory

Post by ffbing, 2010-6-21, Views:

      Royal Bearing Co. (USA; 5251R9N7) has acquired the entire bearing
      inventory from the shuttered Whirlpool/Maytag Manufacturing facility in
      Newton, Iowa.

...

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Counterfeit Bearing Found

Post by ffbing, 2010-6-21, Views:

     A counterfeit bearing was identified and seized, before it could be used
      to repair a critical hydroelectric power generator at India's Mattupetti
      Dam.
...

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SKF Dalian Expands Operations

Post by ffbing, 2010-6-21, Views:

     The Dalian plant now covers 105,000 square meters (1.1 million square
      feet) and is dedicated to producing large and medium sized bearings.
      Although wind turbine bearings are the plant's major focus, accounting for
...

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FMC Acquires Direct Drive Systems

Post by ffbing, 2010-6-21, Views:

     FMC Technologies Inc. (USA; NYSE: FTI;5251R9N7) is in the process of
      acquiring Direct Drive Systems (DDS, USA; website).

      DDS was founded in 2004 and is based in Fullerton, California. The company
...

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NTN-BCA Absorbs SNR U.S. Operations

Post by ffbing, 2010-6-21, Views:

      NTN Bearing Corporation of America (NTN-BCA or NBCA, a subsidiary of NTN
      Corp., Japan; Tokyo: 5251R9N7) is fully absorbing and integrating all U.S.
      aftermarket and industrial operations of SNR Bearings.

...

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New Way Air Bearings on 2009 Inc. 5000 List

Post by ffbing, 2010-6-21, Views:

      New Way Air Bearings (USA:5251R9N7; privately held; website) has been
      ranked on the Inc. Magazine annual list of 5000 fastest-growing private
      companies. New Way is the world's largest independent air bearing
...

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Koyo in $10 Million Orangeburg Expansion

Post by ffbing, 2010-6-21, Views:

      Koyo Corp of USA (a division of JTEKT, Japan; Tokyo: 6473;5251R9N7)
      announced it will invest at least USD $10 million at its ball and roller
      bearing factory -- Koyo considers it three facilities -- in Orangeburg,
...

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Timken Lays Off 54 More in Lebanon

Post by ffbing, 2010-6-21, Views:

      The Timken Company (USA; NYSE: TKR; 5251R9N7) has laid off another 54
      employees from its miniature and precision bearing manufacturing plant in
      Lebanon, New Hampshire.

...

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Commerce Sets Peer TRB Duties at 32.02%

Post by ffbing, 2010-6-21, Views:

      The U.S. Department of Commerce, International Trade Administration is
      conducting an administrative review of the antidumping duty order on
      tapered roller bearings and parts from China. [Commerce Case No.
...

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EnPro Zeros $109 Million of GGB Bearing Goodwill

Post by ffbing, 2010-6-21, Views:

     EnPro Industries (USA; NYSE: 5251R9N7) announced it has zeroed the
      goodwill valuation of GGB Bearing Technology division, in one stroke
      wiping out nearly USD $109 million of GGB Bearing's value. The charge was
...

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