Industry News
GS Global Resources, MSOE Applied Tech Center Announce Seminars
GS Global Resources, Mukwonago, Wis., and MSOE Applied Technology Center, Milwaukee, Wis., announced a new seminar series for industry professionals and …
Servi Fluid Power Owner Management Team Secures Buy-Out
The remaining and full ownership of Servi Fluid Power, Inc., Houston, Tex., has transferred from its parent company, The Servi Group, to the existing owner …
Chemtura Expands Distribution Relationship
Chemtura Corp., Philadelphia, Pa., expanded its distribution relationship with Canoil Canada Ltd. to include Reolube® phosphate ester base stocks in both …
OMEGA Relocates World Headquarters
OMEGA Engineering, Inc. moved its world headquarters to Norwalk, Ct. after five decades in Stamford. The new, 5-story, 412,000-square foot corporate office is …
Hydraulic Supply Company Expands into Mexico
Hydraulic Supply Co., Sunrise, Fla., opened its first international Eaton Aeroquip retail store, under HSC Hydraulics de Mexico, in Monterrey, Mexico. As part …
Dana Enters Purchase Agreement of Brevini Group
Dana Inc., Maumee, Ohio, entered a definitive agreement to purchase the power transmission and fluid power businesses of Brevini Group, S.p.A. Dana plans to …
Fluid Power Grant Awarded to Middle School
River Road Middle School in North Carolina was awarded a matching grant for technology integration by Goldenrod Research Corp. Through the grant, high-tech …
Hannon Hydraulics Celebrates 40th Anniversary
In August 1976, H. Wade Reed started Hannon Hydraulics in a small home garage. After several moves in the first few years from that original garage, Hannon …
PIRTEK Hose Replacement Keeps Lollapalooza Show on Schedule
Lollapalooza is an annual music festival that tours North America with acts that include alternative rock, punk, metal, and comedy. The event was in setup mode …
IGP Invests in Des-Case
Industrial Growth Partners (IGP), a San Francisco-based private equity firm, acquired the parent company of Des-Case Corp. With a 20-year history in the …
Hercules Sealing Products Offers Online Resource
Hercules Sealing Products released an enhanced website that offers users several new features, such as single-page checkout, product availability before login, …
Parker Aerospace Selected to Support Engine Development
Parker Aerospace, a business segment of Parker Hannifin Corp., has been selected by Rolls-Royce to support the newest turbofan engine development program, the …
Curtiss-Wright Awarded $80 Million in Contracts for U.S. Naval Defense Platform
Curtiss-Wright Corp. has been contracted to provide valves for the U.S. Navy’s Virginia-class submarines and Ford-class aircraft carriers. The awards were …
Anchor Fluid Power Acquires TCF Industries
Anchor Fluid Power, a manufacturer of flanges and fittings, has acquired TCF Industries, a manufacturer of custom fittings and flanges for the petroleum, …
RG Group Acquires Fluid Component Services
On August 1, 2016, RG Group, headquartered in York, Pa., acquired Fluid Component Services, a technical service provider of hydraulic and pneumatic systems and …
Chemtura Expands Distribution Business
Chemtura Corp. announced that effective September 1, 2016, Canoil Canada Limited will be its distributor for finished grease products sold under the G-1000™ …
Daman Celebrates Employees, Leadership Advancements
At its quarterly meeting, Daman’s leadership team announced that Dave Mischier, previously executive vice president, is now president of Daman Products, and …
Danfoss Joins Forces with White Drive Products, Inc.
The Danfoss Group announced its intent to acquire full ownership of White Drive Products, Inc., a manufacturer of hydraulic motors headquartered in …
Linde Hydraulics Opens New Plant in Aschaffenburg
Linde Hydraulics GmbH & Co. KG opened it newly built main plant in Aschaffenburg. The plant consists of a 22,000-sq.-m production and assembly hall, and an …
Protean Electric Receives $70 Million in New Funding for In-Wheel Drive Systems
Protean Electric, a company specializing in the development and commercialization of in-wheel drive systems in Shanghai, China, received $70 million in new …
Canton Fair China Holds Its 119th Session
The 119th session of Canton Fair in China was held in April 2016 with 185,596 overseas buyers from 210 countries and regions around the world in attendance. …
Schmalz Nominated for Hermes Award
As one of only five companies, Schmalz achieved a prestigious place on the list of nominees for the Hermes Award, one of the most important innovation prizes …
Manuli Hydraulics Receives Supply Performance Award
Manuli Hydraulics received an award for “Best Supply Performance” at the Manitou Supplier Conference. The awards recognize suppliers for their overall …
ESMA Opens Service Center in Middle East
ESMA Industrial Enterprises opened the first Holmatro Premium Service Center in the Middle East. All testing equipment and specialist tools needed to carry out …
Local Entrepreneur is New Owner of Charlotte-Area PIRTEK Franchise
Viresh Sitapara, a local business owner and engineer, is the owner of PIRTEK in Gastonia, North Carolina. The center features four 24/7 mobile service vehicles …
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