Precision engineering

Viking Masek Expands Product Portfolio with Cutting-Edge Flow Wrapping Machines

Retrieved on: 
Wednesday, November 29, 2023
Food, Precision engineering, Automation, Learning curve, Business development, Engineering, Conveyor system, Phonograph record

OOSTBURG, Wis., Nov. 29, 2023 /PRNewswire/ -- Viking Masek, a global leader in automated packaging systems, is thrilled to announce the addition of flow wrapping equipment to their extensive product portfolio.

Key Points: 
  • OOSTBURG, Wis., Nov. 29, 2023 /PRNewswire/ -- Viking Masek, a global leader in automated packaging systems, is thrilled to announce the addition of flow wrapping equipment to their extensive product portfolio.
  • Key features of Viking Masek's new flow wrapping equipment include:
    Versatility: Flow wrapping machines are designed to handle a wide range of product shapes, sizes, and orientations, offering flexibility for diverse packaging requirements.
  • Precision Engineering: Engineered with cutting-edge technology, Viking Masek's flow wrapping equipment ensures precise and consistent wrapping to maintain product freshness and quality.
  • For more information about Viking Masek and its new flow wrapping machine offerings, please visit their website .

Sensience Achieves Industry Milestone as the First Company to Attain UL Certification for A2L Gas Sensor

Retrieved on: 
Wednesday, September 27, 2023
Oil, Gas, Hardware, Energy, Technology, Software, Certification, Precision engineering, Research, Engineering, Safety, UL, Instrumentation

The company has become the first in the industry to receive UL certification (UL 60335-2-40, 4th edition standard) for an A2L gas sensor that boasts remarkable precision in its performance.

Key Points: 
  • The company has become the first in the industry to receive UL certification (UL 60335-2-40, 4th edition standard) for an A2L gas sensor that boasts remarkable precision in its performance.
  • Key features of Sensience's UL-certified A2L gas sensor include:
    Highly Selective: Sensience's A2L gas sensor offers high selectivity in detecting gas leaks, sensing only the critical target gas and minimizing potential false positives, while providing early warnings to prevent potential hazards.
  • Julie Furber, CEO of Sensience, expressed her excitement about this achievement, stating, "Receiving UL certification for our A2L gas sensor is a testament to our unwavering commitment to innovation and safety.
  • With the introduction of their UL-certified A2L gas sensor, Sensience continues to lead the way in enhancing gas safety and contributing to the well-being of communities worldwide.

Global Computer Numerical Control Machines Market Report 2023: Sector is Expected to Reach $131.4 Billion by - ResearchAndMarkets.com

Retrieved on: 
Thursday, June 22, 2023
Technology, Hardware, Forming (metalworking), PLC, CNC, Electronics, Internet, Internet of things, Programmable logic controller, Energy, MEA, USD, Computer, Cloud computing, Digital technology, Machinist, Korea General Machinery Trading Corporation, Plant growth analysis, JTEKT, Artificial intelligence, Precision engineering, Cutting, AI, Electricity, Safety, Automation, Video game, Machine shop, Medical device, Automotive industry, Type, Application

The "Global Computer Numerical Control Machines Market Size, Share, Growth Analysis, By Type, By Application - Industry Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Computer Numerical Control Machines Market Size, Share, Growth Analysis, By Type, By Application - Industry Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.
  • The Global Computer Numerical Control Machines Market is segmented based on Type, Application, and Region.
  • Based on the Type, the Global Computer Numerical Control Machines Market is segmented into Metal Cutting and Metal Forming.
  • Based on Region Computer Numerical Control Machines Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.

Revolutionary RC Bearing Kits Unveiled: Taking Performance to New Heights

Retrieved on: 
Monday, June 5, 2023
Acceleration, Maintenance, RC, Stainless steel, Friction, Corrosion, Radio, Dust, Precision engineering, Sintering, Electric motor

BOYNTON, Fla., June 5, 2023 /PRNewswire-PRWeb/ -- The Boca Bearings Company, a leading provider of high-performance RC (Radio Controlled) products, is proud to announce the launch of its groundbreaking RC Bearing Kits. These innovative kits are set to revolutionize the RC industry by enhancing the performance, durability, and overall driving experience of RC vehicles.

Key Points: 
  • BOYNTON, Fla., June 5, 2023 /PRNewswire-PRWeb/ -- The Boca Bearings Company, a leading provider of high-performance RC (Radio Controlled) products , is proud to announce the launch of its groundbreaking RC Bearing Kits.
  • These innovative kits are set to revolutionize the RC industry by enhancing the performance, durability, and overall driving experience of RC vehicles.
  • Featuring cutting-edge technology and precision craftsmanship, the RC Bearing Kits offer numerous advantages over conventional bearings.
  • Wide Compatibility: Boca Bearings' RC Kits are available in various sizes to accommodate a wide range of RC vehicles, including cars, trucks, buggies, and drones.

Notice of Annual General Meeting

Retrieved on: 
Tuesday, February 14, 2023
CFO, Illinois Tool Works, Sustainability Accounting Standards Board, Precision engineering, Divisional patent application, FAM, IPCO, Climate change, AFA, Total value of ownership, SEK, Audit committee, Investment, Disclosure, Capital, Euroclear, CDP, Research, Annual, SKF, IMI plc, ITW, Danske Bank, Remuneration, Committee, Annual general meeting, FAM AB, IMI, TVA, Holding company, Management, Risk management, Electrolux, Cevian Capital

Subject to resolution by the Annual General Meeting in accordance with this proposal, it is expected that Euroclear will distribute the dividend on Thursday, 30 March 2023.

Key Points: 
  • Subject to resolution by the Annual General Meeting in accordance with this proposal, it is expected that Euroclear will distribute the dividend on Thursday, 30 March 2023.
  • The Nomination Committee has informed the company about the following proposal:
    Item 2 - that Erik Sjöman is elected Chair of the Annual General Meeting;
    Item 12 - that the Board of Directors shall consist of ten members and no deputy members;
    Item 13 - that the Board members elected by the Annual General Meeting and not employed by the company, for the period up to the end of the next Annual General Meeting, receive a fee according to the following:
    a.
  • The Board of Directors has prepared a Remuneration report which is proposed to be approved by the Annual General Meeting.
  • At the Annual General Meeting in 2008 the SKF Group introduced a long-term performance share programme for senior managers and key employees.

Notice of Annual General Meeting

Retrieved on: 
Tuesday, February 14, 2023
CFO, Illinois Tool Works, Sustainability Accounting Standards Board, Precision engineering, Divisional patent application, FAM, IPCO, Climate change, AFA, Total value of ownership, SEK, Audit committee, Investment, Disclosure, Capital, Euroclear, CDP, Research, Annual, SKF, IMI plc, ITW, Danske Bank, Remuneration, Committee, Annual general meeting, FAM AB, IMI, TVA, Holding company, Management, Risk management, Electrolux, Cevian Capital

Subject to resolution by the Annual General Meeting in accordance with this proposal, it is expected that Euroclear will distribute the dividend on Thursday, 30 March 2023.

Key Points: 
  • Subject to resolution by the Annual General Meeting in accordance with this proposal, it is expected that Euroclear will distribute the dividend on Thursday, 30 March 2023.
  • The Nomination Committee has informed the company about the following proposal:
    Item 2 - that Erik Sjöman is elected Chair of the Annual General Meeting;
    Item 12 - that the Board of Directors shall consist of ten members and no deputy members;
    Item 13 - that the Board members elected by the Annual General Meeting and not employed by the company, for the period up to the end of the next Annual General Meeting, receive a fee according to the following:
    a.
  • The Board of Directors has prepared a Remuneration report which is proposed to be approved by the Annual General Meeting.
  • At the Annual General Meeting in 2008 the SKF Group introduced a long-term performance share programme for senior managers and key employees.

Nomination Committee's proposal for Board of Directors of AB SKF

Retrieved on: 
Friday, February 10, 2023
CFO, Illinois Tool Works, Investment, Divisional patent application, Precision engineering, IPCO, FAM, AB SKF, AFA, Capital, Annual, Research, Marcus Wallenberg, AB, SKF, IMI plc, ITW, Danske Bank, Committee, FAM AB, IMI, Management, Electrolux, Cevian Capital

GOTHENBURG, Sweden, Feb. 10, 2023 /PRNewswire/ -- SKF's Nomination Committee proposes Beth Ferreira, Therese Friberg, Richard Nilsson and Niko Pakalén as new Board members of AB SKF.

Key Points: 
  • GOTHENBURG, Sweden, Feb. 10, 2023 /PRNewswire/ -- SKF's Nomination Committee proposes Beth Ferreira, Therese Friberg, Richard Nilsson and Niko Pakalén as new Board members of AB SKF.
  • She has previously held several senior positions, including as group president for several different business areas for Illinois Tool Works (ITW).
  • Richard Nilsson is Investment Director at FAM AB and board member of Stora Enso Oyj, IPCO AB, GROPYUS AG and Cinder Invest AB.
  • The Nomination Committee proposes that the Board of Directors shall consist of ten members and no deputy members.

Nomination Committee's proposal for Board of Directors of AB SKF

Retrieved on: 
Friday, February 10, 2023
CFO, Illinois Tool Works, Investment, Divisional patent application, Precision engineering, IPCO, FAM, AB SKF, AFA, Capital, Annual, Research, Marcus Wallenberg, AB, SKF, IMI plc, ITW, Danske Bank, Committee, FAM AB, IMI, Management, Electrolux, Cevian Capital

GOTHENBURG, Sweden, Feb. 10, 2023 /PRNewswire/ -- SKF's Nomination Committee proposes Beth Ferreira, Therese Friberg, Richard Nilsson and Niko Pakalén as new Board members of AB SKF.

Key Points: 
  • GOTHENBURG, Sweden, Feb. 10, 2023 /PRNewswire/ -- SKF's Nomination Committee proposes Beth Ferreira, Therese Friberg, Richard Nilsson and Niko Pakalén as new Board members of AB SKF.
  • She has previously held several senior positions, including as group president for several different business areas for Illinois Tool Works (ITW).
  • Richard Nilsson is Investment Director at FAM AB and board member of Stora Enso Oyj, IPCO AB, GROPYUS AG and Cinder Invest AB.
  • The Nomination Committee proposes that the Board of Directors shall consist of ten members and no deputy members.

The Heico Companies, Announces Acquisition of Precision Engineering to expand the Thermal Solutions Segment

Retrieved on: 
Friday, January 20, 2023
Engineering, Automation, TSS, ISO-9001, Precision, C Level Design, OEM, Original equipment manufacturer, Robotics, ITAR, Acquisition, Precision engineering, 3D printing

UXBRIDGE, Mass., Jan. 20, 2023 /PRNewswire-PRWeb/ -- The Heico Companies is pleased to announce that it has completed the acquisition of Precision Engineering (Precision). Precision Engineering will be part of Heico's Thermal Solution Segment (TSS).

Key Points: 
  • The Heico Companies is pleased to announce that it has completed the acquisition of Precision Engineering (Precision), which will be part of Heico's Thermal Solution Segment (TSS).
  • Precision Engineering is a Tier-1 manufacturer of sheet metal enclosures to global original equipment manufacturers (OEMs) in the aerospace/defense and critical industrial sectors.
  • Based in Uxbridge, Massachusetts, Precision Engineering is a Tier-1 manufacturer of sheet metal enclosures to global original equipment manufacturers (OEMs) in the aerospace/defense and critical industrial sectors.
  • "The acquisition of Precision Engineering to the Thermal Solutions Segment is an excellent addition to our thermal solutions offering."

Fintech Unicorn Nium Joins HKSTP’s FinTech Community to Accelerate Hong Kong’s Booming Fintech Ecosystem

Retrieved on: 
Monday, November 1, 2021
Professional Services, Data Management, Technology, Other Technology, Software, Finance, Banking, Science, Information, Hong Kong Science and Technology Parks Corporation, Research, Precision engineering, Technology, Ecosystem, Science and technology in Asia, I&T, Electronics, Adoption, Biomedical technology, Transport, Temasek, GBA, Communication, HKSTP, CEO, Growth, Laboratory, Science park, API, Solution, CB Insights, Bank, Tutoring, Oil, Creative industries

Hong Kong Science and Technology Parks Corporation (HKSTP) today announced the addition of a global Fintech unicorn, Nium, as a partner company to HKSTPs thriving Fintech ecosystem.

Key Points: 
  • Hong Kong Science and Technology Parks Corporation (HKSTP) today announced the addition of a global Fintech unicorn, Nium, as a partner company to HKSTPs thriving Fintech ecosystem.
  • Nium has been present in Hong Kong since 2016 and the growing team will join other fast-rising Fintech ventures at Science Parks flagship Fintech hub at InnoCentre in Kowloon Tong.
  • HKSTP has already connected Nium with a number of Fintech API players in Hong Kong to accelerate service development and business growth.
  • Through collaboration with industry leaders and tech startups at InnoCentre, Nium can instantly plug into the Hong Kongs thriving Fintech ecosystem and ride the wave of API-based financial services sweeping across Hong Kong and the GBA.