Equipment

SKF Lincoln launches new gear oil dispensing units

Retrieved on: 
Monday, April 1, 2024
Agriculture, SKF, Lincoln, Risk, Static pressure, Workplace, Equipment, Compressed air, Hydraulic machinery

ST. LOUIS, April 1, 2024 /PRNewswire/ -- Today, SKF Lincoln introduced the new Mityvac MV7454 and the MV7455 gear oil dispensing units for use in various industries including automotive, agriculture, construction, machinery repair, maintenance facilities and industrial fluid handling.

Key Points: 
  • ST. LOUIS, April 1, 2024 /PRNewswire/ -- Today, SKF Lincoln introduced the new Mityvac MV7454 and the MV7455 gear oil dispensing units for use in various industries including automotive, agriculture, construction, machinery repair, maintenance facilities and industrial fluid handling.
  • The first-of-its-kind in the market, the gear oil handling systems utilize compressed air for quick, efficient, and clean fluid handling.
  • Jeff Craig, Product Manager of Tools and Equipment at SKF Lincoln, also noted all the efficiencies and uses of the new dispensing units: "Beyond the above mentioned, there are several prominent features make these units superior to other systems.
  • The new gear oil dispensing units are now available through your local Mityvac dealer.

German manufacturer Karcher opens regional distribution centre at Tatu City, Kenya

Retrieved on: 
Wednesday, March 27, 2024
Ambassador, Republic, Equipment, Partnership, Davis & Shirtliff, Karcher, CCI, Food, Investment, VAT, Engineering, Carrefour, USD, ALP, Heineken, FFS, Property management

TATU CITY, Kenya, March 27, 2024 /PRNewswire/ -- German-based cleaning equipment manufacturer Karcher has announced an approximate €3 million investment in the Kenyan market. The move was made to operationalize the business into a full subsidiary, which includes a regional distribution centre at Freight Forwarders Solutions (FFS) in Tatu City, the 5,000-acre mixed-use Special Economic Zone (SEZ) on Nairobi's doorstep, positioning Kenya as a hub for East Africa.

Key Points: 
  • TATU CITY, Kenya, March 27, 2024 /PRNewswire/ -- German-based cleaning equipment manufacturer Karcher has announced an approximate €3 million investment in the Kenyan market.
  • By establishing Kenya as our regional hub, we are reducing lead times and enhancing responsiveness, ensuring prompt service and satisfaction for our clients."
  • Stephen Jennings, Founder & CEO of Rendeavour, the owner and developer of Tatu City, added, "Karcher joins the ranks of many leading global brands at Tatu City SEZ.
  • The company that provides warehouse operations for Karcher in Kenya, FFS, has an international-standard logistics and distribution hub in Tatu Industrial Park.

German manufacturer Karcher opens regional distribution centre at Tatu City, Kenya

Retrieved on: 
Wednesday, March 27, 2024
Ambassador, Republic, Equipment, Partnership, Davis & Shirtliff, Karcher, CCI, Food, Investment, VAT, Engineering, Carrefour, USD, ALP, Heineken, FFS, Property management

TATU CITY, Kenya, March 27, 2024 /PRNewswire/ -- German-based cleaning equipment manufacturer Karcher has announced an approximate €3 million investment in the Kenyan market. The move was made to operationalize the business into a full subsidiary, which includes a regional distribution centre at Freight Forwarders Solutions (FFS) in Tatu City, the 5,000-acre mixed-use Special Economic Zone (SEZ) on Nairobi's doorstep, positioning Kenya as a hub for East Africa.

Key Points: 
  • TATU CITY, Kenya, March 27, 2024 /PRNewswire/ -- German-based cleaning equipment manufacturer Karcher has announced an approximate €3 million investment in the Kenyan market.
  • By establishing Kenya as our regional hub, we are reducing lead times and enhancing responsiveness, ensuring prompt service and satisfaction for our clients."
  • Stephen Jennings, Founder & CEO of Rendeavour, the owner and developer of Tatu City, added, "Karcher joins the ranks of many leading global brands at Tatu City SEZ.
  • The company that provides warehouse operations for Karcher in Kenya, FFS, has an international-standard logistics and distribution hub in Tatu Industrial Park.

Smart Factory Market worth $164.0 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 25, 2024
Autonomy, WIKA, General Electric, Schneider Electric, Device, Transport, Metal, Rockwell Automation, Investment, ABB, Omron, Artificial intelligence, PAM, Honeywell, Statistics, Automation, Natural language processing, Natural language, Internet of things, Workflow, Machine vision, Economic development, Mitsubishi Electric, Machine learning, 3D Systems, Communication, Yokogawa Electric, AI, Digital twin, Robotics, Automotive industry, HMI, Equipment, Growth, MES, Hardware, Condition monitoring

Industrial sensors to hold the largest market share in smart factory market in the year 2023.

Key Points: 
  • Industrial sensors to hold the largest market share in smart factory market in the year 2023.
  • Plant asset management (PAM) is experiencing rapid growth in the smart factory market as industries increasingly prioritize efficient operations.
  • Asia Pacific is expected to grow at the highest CAGR in the Smart factory industry from 2024 to 2029.
  • (US), Stratasys (US), 3D Systems Corporation (US) and Others in the Smart factory market.

Smart Factory Market worth $164.0 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 25, 2024
Autonomy, WIKA, General Electric, Schneider Electric, Device, Transport, Metal, Rockwell Automation, Investment, ABB, Omron, Artificial intelligence, PAM, Honeywell, Statistics, Automation, Natural language processing, Natural language, Internet of things, Workflow, Machine vision, Economic development, Mitsubishi Electric, Machine learning, 3D Systems, Communication, Yokogawa Electric, AI, Digital twin, Robotics, Automotive industry, HMI, Equipment, Growth, MES, Hardware, Condition monitoring

Industrial sensors to hold the largest market share in smart factory market in the year 2023.

Key Points: 
  • Industrial sensors to hold the largest market share in smart factory market in the year 2023.
  • Plant asset management (PAM) is experiencing rapid growth in the smart factory market as industries increasingly prioritize efficient operations.
  • Asia Pacific is expected to grow at the highest CAGR in the Smart factory industry from 2024 to 2029.
  • (US), Stratasys (US), 3D Systems Corporation (US) and Others in the Smart factory market.

Aegros Limited proposes to issue debentures in a series of tranches up to an aggregate face value of AUD25 million for subscription by investors

Retrieved on: 
Tuesday, March 12, 2024
Facility, Tax, Equipment, Debtor, NSW, Accounting, Plant, GSA, The Borrowers, Valuation, Business, Tranche, Commercial property

The existing Investors will have 4 weeks to provide credit approvals to the Borrower.

Key Points: 
  • The existing Investors will have 4 weeks to provide credit approvals to the Borrower.
  • If Investors do not provide approvals within this timeframe, the Borrower may approach new Investors to provide the facility
    Availability is subject to the Borrowing Base calculated as follows:
    A = 85% of the non-equipment R&DTOR which has been accrued but not yet received as detailed in the Review Letter.
  • C = Any clawback amount advised by the ATO or taxes otherwise due to the ATO.
  • D = Orderly Liquidation Value of Property, Plant & Equipment per the Valuation Report
    The Borrower may repay the Facility upon giving no less than 2 Business Days' notice.

Landscapers, Contractors & Dealers Ready for Bright Futures, Powered by Equip Expo Education

Retrieved on: 
Tuesday, March 12, 2024
Loch Ness, Equip, Irrigation Association, Expo, The Morning Show, Equipment, Irrigation, OPEI, Human, Marketing

LOUISVILLE, Ky., March 12, 2024 /PRNewswire/ -- Landscapers, contractors and outdoor power equipment dealers can develop their skills and take advantage of new trends impacting their industry thanks to expanded education and certification classes at Equip Exposition this October 15-18 at the Kentucky Exposition Center (KEC).

Key Points: 
  • Landscaper-led events are back at Equip and continue to offer landscapers a platform to connect and grow together.
  • Both events are included with your Equip registration.
  • "If you're looking to grow your business, this is the place to be," sums up Mandy Muschler of Lochness LLC.
  • Ami Neiberger, Four Leaf PR on behalf of OPEI, 703-887-4877, [email protected]
    Debbi Mayster, Four Leaf PR on behalf of OPEI, 240-988-6243, [email protected]

Christina Lake Cannabis Provides Operations Update

Retrieved on: 
Tuesday, March 12, 2024
Acquisition, CLB, GST, CLC, Equipment, Multilateral, Lease, Minority, Cannabis

VANCOUVER, British Columbia, March 11, 2024 (GLOBE NEWSWIRE) -- Christina Lake Cannabis Corp. (CSE: CLC) (OTCQB: CLCFF) (FRANKFURT:CLB), (the "Company" or "Christina Lake Cannabis" or "CLC"), a leading producer of high quality extracts and sun grown cannabis, is pleased to announce following its acquisition of outdoor cultivation facilities in Midway, British Columbia, which closed in February 2024, it has entered into a lease agreement to acquire new harvesting equipment (the "Equipment") to address both the expanded cultivation footprint and growing demand for its products (the "Lease Agreement").

Key Points: 
  • VANCOUVER, British Columbia, March 11, 2024 (GLOBE NEWSWIRE) -- Christina Lake Cannabis Corp. (CSE: CLC) (OTCQB: CLCFF) (FRANKFURT:CLB), (the "Company" or "Christina Lake Cannabis" or "CLC"), a leading producer of high quality extracts and sun grown cannabis, is pleased to announce following its acquisition of outdoor cultivation facilities in Midway, British Columbia, which closed in February 2024, it has entered into a lease agreement to acquire new harvesting equipment (the "Equipment") to address both the expanded cultivation footprint and growing demand for its products (the "Lease Agreement").
  • The Lease Agreement is for a term of 36 months beginning on September 1, 2024 (the "Term"), following the delivery of the Equipment to the Company.
  • The Lease Agreement is between CLC and an entity 50% owned by a director of the Company.
  • The Company’s independent board of directors reviewed and approved the Lease Agreement.

Tiara Yachts Sees Sales Success at the Miami International Boat Show

Retrieved on: 
Tuesday, March 5, 2024
LE, CSI, LX, Equipment, NMMA, Watercraft, Miami International Boat Show, EX, Tiara Yachts, Nightclub

HOLLAND, Mich., March 05, 2024 (GLOBE NEWSWIRE) -- Tiara Yachts , a family-owned manufacturer of American-made luxury watercrafts, reported another year of positive sales today following the 2024 Miami International Boat Show (MIBS) earlier this month.

Key Points: 
  • HOLLAND, Mich., March 05, 2024 (GLOBE NEWSWIRE) -- Tiara Yachts , a family-owned manufacturer of American-made luxury watercrafts, reported another year of positive sales today following the 2024 Miami International Boat Show (MIBS) earlier this month.
  • “The energy at Miami this year was excellent,” said Sue Kane, Tiara’s Director of Sales.
  • “We look forward to MIBS every year,” said Tom Slikkers, CEO and President of Tiara Yachts.
  • Customers can next view Tiara Yachts’ vessels at the Palm Beach International Boat Show from March 21-24; Tiara’s display will be located between Ramp 7 and 8.

Mullen Subsidiary, Bollinger Motors, Names Next 2 Dealers in 7 States and 11 Locations

Retrieved on: 
Tuesday, March 5, 2024
Bollinger Motors, Inflation, Equipment, IBN, B4, Safety, Bollinger

The Bollinger B4 Chassis Cab is an all-new, all-electric Class 4 commercial truck designed from the ground up with extensive fleet and upfitter input.

Key Points: 
  • The Bollinger B4 Chassis Cab is an all-new, all-electric Class 4 commercial truck designed from the ground up with extensive fleet and upfitter input.
  • Bollinger’s unique chassis design protects the 158-kilowatt-hour battery pack and components to offer unparalleled capability and safety in the commercial market.
  • The company anticipates deliveries of the Bollinger B4 to begin in the second half of 2024.
  • “We are building our national dealer network very strategically to ensure that they share Bollinger’s commitment to quality and customer service,” said Robert Bollinger, founder and CEO of Bollinger Motors.