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Bearing Industry News

 
Lark joins Bearing Technologies
3 April 
  Industry veteran will oversee sales and marketing.  
Brammer acquires CBS Rotary Power
2 April 
  Consolidates bearing distribution leadership in UK Midlands.  
Woodex Bearing expands production
1 April 
  Floorspace for MECO shaft seals almost triples.  
NSK - ABC joint venture plant opens in India
31 March 
  NSK becomes first Japanese bearing manufacturer in India.  
Ukraine's Kharkov HARP adds large cylindricals
27 March 
  Competing now with Russian manufacturers up to 400mm OD.  
FAA repeats AD for Eurocopter main rotor bearings
26 March 
  Some emergency replacements found not performed in 2006.  
Ricciarelli named to head SKF Canada
25 March 
  Lindhe retires after 40 years.  
Schaeffler divests Rege Motorenteile
24 March 
  Private equity takes over automotive engine parts supplier.  
EnPro acquires Sinflex Sealing in China
20 March 
  Taking rapid steps to expand China presence in 2008.  
Bearing-related topics at industrial conference
19 March 
  Lean, Reliable & Lubed in Nashville May 20-22.  
SPZ Group taking foreign investment
18 March 
  Russian bearing manufacturing group in rare move.  
Timken adds North American CM offerings
17 March 
  Value-added services address advanced customer requirements.  
RBC acquires A.I.D. and BEMD from AMSG
13 March 
  Aerospace component coverage and capacity widen.  
Kaman acquiring Industrial Supply Corp.
12 March 
  Continues to add focus on bearings and PT distribution.  
SKF acquires QPM aerospace steel
11 March 
  Expands type-certified airframe coverage to North America.  
China's state-run bearing manufacturers told to merge
10 March 
  Repeated efforts stalled by provincial infighting.  
NIBC acquires GRW Bearing
6 March 
  Private equity snags another German manufacturer.  
BNL debuts new website
5 March 
  Design navigates customers' information needs.  
RBC shares hit hardest by January market pullback
4 March 
  NN fares best short-run, worst year-on-year.  
Timken awarded VAATE bearing materials project
29 February 
  U.S. advanced turbine program key focus of multilevel initiative.  
Maanshan Fangyuan Slewing Ring expanding
28 February 
  Growing wind energy market continues to attract production.  
Wheel bearings limit Nano top speed to 70kph
27 February 
  Tata's low-price car involves size and engineering tradeoffs.  
Luoyang Bearing acquisition fails
26 February 
  Troubled state-owned manufacturer finances prove impenetrable.  
Bearing Technologies acquires North Coast Bearings
25 February 
  Seeks to leverage key aftermarket synergies.  
Timken reports fourth quarter, fiscal year 2007 results
21 February 
  Industrials set records while automotive struggle continues.  
Federal-Mogul exits bankruptcy
20 February 
  But weak auto parts market means other difficulties.  
HCH named Toshiba bearing vendor
19 February 
  Chinese choice breaks from traditional sourcing model.  
Neapco acquires Ford driveshaft business
18 February 
  Wanxiang division goes Tier 1 and is first ex-Visteon acquisition.  
Chery gives Schaeffler two vendor awards
14 February 
  Key Chinese automaker rewards massive Taicang expansion.  
Commercial Solutions appoints Sauze as COO
13 February 
  Canadian bearing distributor boosts management team.  
Bearings Specialty acquires Machine Parts and Drives
12 February 
  Expands northeastern U.S. market presence.  
DXP acquires Rocky Mountain Supply
11 February 
  Continues growth-by-acqusition in bearings and power transmission.  
Former NDH Bristol bearing plant sold
7 February 
  Becomes the area's largest real estate transaction.  
Motion Industries acquires Shuster Bearing
6 February 
  Distribution business a key draw, no changes planned.  
Schaeffler introduces 20 products at NAIAS
5 February 
  Fuel efficiency via drivetrain friction control takes center stage.  
Harbin Bearing launches vast expansion program
4 February 
  State-run producer could double its manufacturing floorspace.  
EC initiates China fastener dumping investigation
31 January 
  EU manufacturers allege domestic industry eroded by sales below cost.  
Standard Locknut names Lagenkamp VP/COO
30 January 
  Move follows Ollie Martens becoming President.  
Siemens acquires Morgoil bearing parent Morgan
29 January 
  U.S. company had been family-owned since 1888.  
SKF completes S2M acquisition
28 January 
  Becomes leading magnetic bearing producer.  
India approves NSK distribution subsidiary
24 January 
  Wholly owned business will handle industrial and distributor sales.  
Too few U.S. manufacturers export
23 January 
  NAM report shows insularity is extremely high-risk.  
Wanxiang plans massive Chongqing plant
22 January 
  China's largest auto parts maker adds more R&D and production.  
THK Rhythm building bearing plant in Thailand
21 January 
  Builds on mid-2007 Rhythm acquisition from Carlyle.  
MAHLE closing Caldwell engine bearing plant
17 January 
  Victim of slumping auto industry, overcapacity, Dana hangover.  
KRW and BWK deny Rulmenti Barlad link
16 January 
  Acquisition reports baseless, says German bearing manufacturer.  
SKF cuts deeper at Fontenay
15 January 
  French production too costly, shifts to China.  
Russia moves to shut down bearing counterfeiters
14 January 
  Organized crime infects aviation service parts.  
Wafangdian City named China's Bearing Capital
10 January 
  Recognition for heavily concentrated manufacturing area.  
Rulmenti Barlad eyes German bearing manufacturer
9 January 
  Update: Retracted per KRW and BWK.  
FIT Bearings wins web address action against Ningbo Flight
8 January 
  U.N. WIPO finds Chinese bearing company guilty of cybersquatting.  
SKF shuttering Glasgow hub bearing plant
7 January 
  Will no longer manufacture automotive hubs in the U.S.  
Fang named president of Timken China
4 January 
  Gresh moves to Asia-Pacific planning role.  
JBIA visits Shandong for counterfeit bearing talk
3 January 
  Continues years-long series of educational interventions.  
Timken and XEMC form manufacturing venture in China
2 January 
  Ultra-large-bore wind power turbine bearings.  
26 - 30 December 
Bearing Industry 2007 CDSOA payouts listed
Finally ... the tables everyone has been asking about.
1 - Introduction
2 - Payouts to date by CCN
3 - Payouts to date by Company
4 - Potential payouts with holds released
5 - Potential payout by Clearing Account
 
INA continues Spartanburg cutbacks
24 December 
  U.S. auto slowdown puts increasing pressure on suppliers.  
MGM Bearing acquired by Rulmenti Barlad
20 December 
  Romanian division of Turkish company acquires Hungarian manufacturer.  
Plastics Capital lists on London AIM market
19 December 
  BNL Bearing parent moves toward liquidity, lower-cost equity.  
IFC loans $5.5 million to push Daido's ZMZ acquisition
18 December 
  Russian engine bearing spinoff gets second round of financial support.  
Russia will hit Chinese bearings with dumping duties
17 December 
  41.5% rate for most ball and roller bearings.  
held back by popular demand:
U.S. Customs releases 2007 CDSOA payout and eligibility lists
4 June 
  Certifications and declarations must be filed by the end of July.  
U.S. bearing industry CDSOA payouts for fiscal 2006 listed and detailed
9 February 
  Bearing manufacturers collect $128 million; Timken leads with $92.6 million.  



 News archive
Over 2,000 other news articles are available via the archive and year-by-year listings. Please select the news archive box over in the right column, or point to the News dropdown menu on the top navigation bar.
Hint: The most efficient method is to use the search function.
 
 
Positions Available - 27 career opportunities
currently posted on the eBearing.com job board.

 

 

 
 eBearing's Industry Directory
Looking for bearing or component suppliers ?
By supplier, brand, product type, or location, we have taken more than a decade to develop the most comprehensive directory of the world bearing industry: online, interactive, and updated continuously.
Search the online bearing industry directory
 

 
 Finding U.S. Government sales opportunities
Many eBearing.com visitors complained when we were forced to drop this feature, listing U.S. Government contract sales opportunities for all types of bearings.
Now it's a do-it-yourself feature, but here's how.
1 - Go to www.fbo.gov detail search [click here]
2 - Scroll to a box labeled Classification Code
3 - In that box, scroll down and select 31 -- Bearings
4 - Click the Search button, at the bottom of the page
That's the basics. Going back to the top of that same search page, you'll find that it is full of other menu options which can all be combined to allow a great deal of control over narrowing and refining your search.
 

 
 Bearing Industry Code of Conduct
The Bearing Industry Code of Conduct introduces a critically important approach for our industry: establish and enforce a voluntary, strict, ethical, and systematic approach to auditability, quality assurance, manufacturing and distribution. BICC seeks to tackle counterfeiting, re-badging, origin falsification, and similar behavior that weaken the industry and its standing amongst other industries.
BICC website
 

 
 An Annual Report Worth Reading
We read hundreds of annual reports. But Berkshire Hathaway's stands alone in its clarity and candor. Most leave you wondering why everyone involved isn't a billionaire. Read B.H.'s and you'll understand why they aren't, and Warren E. Buffett is.
Berkshire Hathaway Annual Report 2007
Their corporate governance is for all to see:
B.H. Corporate Governance documents
 

 
 Industry-Related Legislation
Extensively updated February 2008.
Every day, developments in dumping investigations, legislation, trade agreements, tariffs and duties around the world impact the bearing industry and your business. Here, we make it easier to keep track of it all.
the main Legislation page
Remand Redeterminations
 

 
 Bearing Industry Resource Links
Manufacturers and distributors across the bearing industry have assembled an impressive array of online tools, calculators, interchanges and detailed reference material. In this area, we identify and categorize many of the key links.
Industry Resource Links
 

 
 eBearing News Archive
Since 1998, eBearing has been the independent source for bearing industry news, now with over 2,100 articles in our archives. Click for each year's list, or use the [search] function.
 
 

 
 Fluid Film Bearings
With nearly 300 million disk drives delivered last year, a key bearing has shifted its core technology from miniature ball bearings to fluid film and air film bearings.
introduction to fluid film bearings
 

 
 The eBearing Bookstore
U.S. ball bearing dumping investigation
Only from eBearing, one CD-ROM with the complete end-to-end record of the U.S. dumping investigation into ball bearings from China. All 62 key documents and 3,660 transcript pages, in PDF format.
more details and how to order

World Bearing Industry Index
The most comprehensive worldwide listing of bearing manufacturers, brands and related trade organizations. Look for our huge new 2008 edition soon!
 

 
 Rare Bearings
eBearing maintains a program to offer a select few specialty short-run, obsolete and otherwise unavailable bearings. Our first is the 1988 Pontiac Fiero front wheel hub assembly, out of production and unavailable for many years.
Made in the USA.
more details and how to order

Coming soon ... aircraft prop shaft bearings for the Bell P-39 Airacobra.
 

 
 ITC China Ball Bearings Investigation
In February 2002, the American Bearing Manufacturers Association filed a trade complaint, alleging ball bearings from China are being sold in the U.S. below fair market value. It was initially successful and preliminary rounds of duties were levied on ball bearings from China. In April 2003, however, the ITC unanimously found no damage to the U.S. bearing industry, eliminated the duties and terminated its investigation. The records of these proceedings are important because they are filled with candid and rarely disclosed market information.
ITC dumping investigation special summary page
 

 
 INA Acquisition of FAG
A long-running summary (begun in 2001, but it wasn't completed until 2005) of the takeover news articles, gathered and referenced together for your convenience.
INA/FAG acquisition summary 2001-2005
 

 
 Recycle computer equipment safely
eBearing is a heavy user (and disposer) of technology. But contamination from improperly recycled computer equipment is a serious problem in the developing countries where 80% of it ends up. Here are some resources to help you easily and properly dispose of old equipment.
ComputerTakeBack.com
HP: product recycling
TechSoup: about recycling and reuse
Technology Recycling: largest disposal / recycling firm
Air Cycle: recycling with tracking audit
eBay: Rethink program
 

 
 Advertise on eBearing in 2008
Find out how to reach the over 150,000 industry professionals and decision makers who visit eBearing each month.
2008 advertising program
general information
directory of eBearing advertisers
why you should advertise online
2008 banner ad costs and specifications
 




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