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The eBearing News
For the Year 2001
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December 31, 2001
Recent U.S. Government Contract Awards for Bearings
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December 31, 2001
President Bush Normalizes U.S. Trade Relationship With China
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December 27, 2001
General Bearing Acquires Controlling Interest in Third Chinese Venture
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December 24, 2001
U.S. FTC Approves INA Takeover of FAG, Requires Divestiture to SKF
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December 21, 2001
Xibei and FAG Form Rail Bearing Joint Venture in China
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December 21, 2001
Timken Adds Cold-Pilgering Capacity for Large Diameter Tube
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December 20, 2001
SKF Reorganizes, Starts New Division, Breaks up CR Seals
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December 20, 2001
General Bearing Increases Ownership of Shanghai General to 50%
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December 19, 2001
FAG CEO Loos Departs as INA CEO Geissinger Takes Over
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December 18, 2001
Minebea Will Move Factory From Singapore to Shanghai
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December 17, 2001
INA Predicts Zero Sales Growth in 2002
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December 13, 2001
Timken Will Supply Chrysler PT Cruiser Front Hub Assemblies in 2002
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December 12, 2001
SKF Lands Major Contracts for Aircraft Engines and Wind Turbines
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December 11, 2001
Torrington Dumping Duty Payout Will Exceed Timken's $31 Million
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December 10, 2001
FAA Proposes Airworthiness Directive for Helicopters With SNR Tail Rotor Bearings
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December 7, 2001
Timken Receives $31 Million Dumping Duty Payout Under CDSOA
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December 6, 2001
Recent U.S. Government Contract Awards for Bearings
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December 5, 2001
Accuride Will Close Second U.S. Factory in South Bend
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December 4, 2001
NSK Official Press Release Outlines Business Restructuring
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December 4, 2001
NTN Names Suzuki as President to Succeed Itoh
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December 3, 2001
SKF Divests Bearing Component Facility in Airasca
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November 29, 2001
Recent U.S. Government Contract Awards for Bearings
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November 28, 2001
FAG Bearings India Rises on INA Takeover Speculation
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November 27, 2001
Ford Recalls 280,000 Focus Cars for Potential Rear Wheel Bearing Failures
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November 26, 2001
Decline in U.S. Industrial Output Now Parallels the Great Depression
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November 26, 2001
General Bearing Reports Third Quarter 2001 Sales Off 9%, Earnings Down 53%
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November 22, 2001
NSK Forecasts Loss, Plans Sweeping Worldwide Restructuring
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November 21, 2001
Koyo Opens New Philippines Miniature Bearing Plant
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November 21, 2001
Wenzel Downhole Acquires CN & LT Drill Bearing Technology
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November 20, 2001
Smiths Group Will Divest John Crane-Lips to Wartsila Corp.
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November 19, 2001
Recent U.S. Government Contract Awards for Ball Bearings
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November 19, 2001
Hyundai Plans to Build U.S. Auto Factory
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November 16, 2001
Federal Mogul Posts $810 Million Third Quarter 2001 Loss
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November 16, 2001
Koyo to Manufacture Electric Power Steering Units in the USA
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November 15, 2001
INA and FAG Workers Receive New No-layoff Contracts
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November 14, 2001
Craft Bearing Moving to New Facility
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November 13, 2001
NTN and Nidec Form Joint Venture for Fluid Bearing Disk Drive Motors
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November 13, 2001
Matsushita and Sankyo Form Joint Venture for Fluid Bearing Disk Drive Motors
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November 12, 2001
FAG Kugelfischer Stock Will Be Delisted
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November 12, 2001
World Trade Organization Approves China's Membership
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November 9, 2001
NTN President Toyoaki Itoh Dies in Japan
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November 8, 2001
KS Gleitlager Closing Indiana Bearing Factory in Move to South Carolina
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November 8, 2001
China Investing $250 Million to Boost Specialty and Bearing Steel Production
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November 7, 2001
Motion Industries Opens New Canadian Branch in Thunder Bay
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November 7, 2001
Accuride Partners With SKF for UK Distribution
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November 6, 2001
Torrington Parent Acquires Nadella from SNR Roulements
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November 5, 2001
Koyo Predicts Flat Fiscal Year Results
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November 5, 2001
NAPM Reports Every Measure of U.S. Manufacturing Plunged in October
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November 5, 2001
Timken Cuts Quarterly Dividend for First Time since 1986
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November 2, 2001
INA Releases Official Accounting of FAG Holdings
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November 1, 2001
NN Reports Third Quarter Sales and Earnings Off Sharply in Continuing Operations
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October 31, 2001
Minebea Revises Sales and Earnings Forecasts Sharply Downward
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October 30, 2001
U.S. Military Funding Adds Millions for Bearing Monitoring Systems
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October 29, 2001
Kaydon Reports Poor Third Quarter, Will Sell Fluid Power Division
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October 26, 2001
Vietnam Encouraging Investment by Chinese Bearing Manufacturers
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October 26, 2001
SKF Seeks Government Approval for Potential Larger Stake in SKF India
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October 25, 2001
Applied Industrial Acquires Mexico's Baleros Industriales
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October 25, 2001
INA Reveals Holding Over 80% of FAG Shares
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October 24, 2001
U.S. International Trade Commission Rules Steelmakers Injured by Imports
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October 24, 2001
INA's Acquisition of FAG is Now Certain
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October 24, 2001
FAG Reports Flat Third Quarter, Predicts Further Weakening
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October 23, 2001
U.S. Trade Regulators May Slow INA's FAG Takeover Bid
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October 23, 2001
SKF Will Cut Fourth Quarter Worldwide Production by 10%
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October 23, 2001
Universal Automotive Maintains Nasdaq Listing After Wanxiang Investment
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October 23, 2001
Kaman Reports Third Quarter Profit on Softening Sales
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October 22, 2001
INA's Acquisition Bid for FAG May Fail if Individual Shareholders
Continue Holding Out
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October 22, 2001
Applied Industrial Technology's Operating Results Show Effects
of North America's Manufacturing Recession
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October 22, 2001
SKF Reports Third Quarter Earnings Decline on Volume Drop
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October 19, 2001
U.S. Industrial Output Continues Longest Decline Since WWII
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October 19, 2001
Takeover Defense Moves Will Continue to Impact FAG
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October 18, 2001
Timken Reports Third Quarter Loss on Lowest Sales Since 1995
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October 18, 2001
Delphi Exits Joint Venture with NSK in Brazil for Hub Assemblies
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October 17, 2001
Timken Launches European e-commerce Storefront Through Endorsia.com
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October 16, 2001
Takeover Wrapped Up: FAG Agrees to Support Revised INA Offer
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October 15, 2001
FAG May Support an Improved INA Takeover Offer
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October 15, 2001
SKF Will Supply Hub Assembly Units and Other Bearings for New Volvo SUV
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October 12, 2001
INA Having Trouble Acquiring FAG Shares in Takeover Bid
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October 12, 2001
Macher Replaces Miller as Federal-Mogul Chairman
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October 11, 2001
FAG Loses Financial Backing for INA Counteroffer
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October 10, 2001
Bulgaria Cancels Sale of VMZ-Sopot Bearing Works to SKF
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October 9, 2001
FAG Acquires U.S. Spindle Bearing Maker SMSI
and Profit Team Assembly Specialist
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October 9, 2001
Federal-Mogul Bankruptcy Hits Bearing Makers Hardest of All
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October 8, 2001
FAG Negotiating with NTN, Others to Craft INA Takeover Counteroffer
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October 8, 2001
NSK Projects Sharp Drops in Sales and Earnings for Current Period and Fiscal 2001
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October 8, 2001
Applied Industrial Achieves ISO Compliance at All 419 U.S. Facilities;
81 are Fully Certified
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October 5, 2001
Minebea Investing Heavily in Thailand to Make
Next Generation of Disk Drive Bearings
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October 5, 2001
MG Rover Recalls 5,800 Mini Classics for Rear Wheel Bearing Failures
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October 4, 2001
Koyo Closing Miniature Bearing Plant in Takamatsu
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October 4, 2001
U.S. Federal Reserve Cuts Key Interest Rate by 0.5% to 2.5%
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October 3, 2001
INA Now Holds Controlling Stake in FAG, Can Block Anti-takeover Moves
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October 3, 2001
DaimlerChrysler Kicks Off Freightliner Turnaround Plan
by Cutting Employee Pay and Benefits
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October 3, 2001
FAG Publishes Official Response to Shareholders Regarding INA Takeover Bid
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October 2, 2001
Federal-Mogul Files Chapter 11 Bankruptcy
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October 1, 2001
FAG Accuses Dresdner Bank of Sharing Inside Information
in INA's Takeover Bid
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October 1, 2001
Applied Industrial Reveals Million-share Repurchase Program
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October 1, 2001
Federal-Mogul's Miller Joins Bethlehem Steel in Turnaround Effort
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September 28, 2001
FAG Considering Two Anti-takeover Strategies Against INA Bid
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September 28, 2001
NN Lowers 2001 Earnings Estimates, Reflecting Slowdowns Across
World Bearing Industry
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September 27, 2001
FAG Employees Planning for Success of INA Takeover Bid
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September 27, 2001
Rockwell to Cut 750 More Jobs, Now 9% of Workforce Gone
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September 26, 2001
General Bearing Launches Share Repurchase Program
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September 25, 2001
Loos Hints at FAG-Timken Linkup, Downplays NTN Role in Thwarting INA Takeover Bid
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September 24, 2001
Federal-Mogul Names New Head of Worldwide Aftermarket Operations
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September 21, 2001
Dresdner Bank Abandons Long-term FAG Relationship, Defects to INA Consortium
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September 20, 2001
SKF Will Supply All Wheel Hub Units for New-Generation Ford Fiesta
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September 19, 2001
FAG Says Formal Response to INA Takeover Bid is Coming Soon
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September 18, 2001
Loos: "Management will do everything to stop the FAG Kugelfischer sellout."
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September 18, 2001
China's World Trade Organization Membership Application Accepted, Due for Approval
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September 18, 2001
Markets Reopen, Banks Cut Rates, Dow and NASDAQ Fall, Nikkei Surges
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September 17, 2001
INA Acquires Over 10% of FAG Shares in Only Two Trading Days
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September 17, 2001
Decision on China's Entry into the World Trade Organization Postponed
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September 14, 2001
FAG Shares Soar to New 52-week High on INA Takeover Bid
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September 13, 2001
NN Will Shutter Walterboro Ball Plant, Shift Production to Other Facilities
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September 12, 2001
FAG Urges Shareholders to Reject INA's "Hostile" Takeover Bid
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September 12, 2001
600 Group Predicts Continued Slowdown, Says Gamet Bearing Sales Up Sharply
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September 11, 2001
INA Makes Surprise Unsolicited Euro 673 Million Bid for FAG
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September 10, 2001
Federal-Mogul Divests Industrial Bearing Joint Ventures with Daido
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September 7, 2001
China Reports Sharp Increases in Production and Demand
for Bearing Steel in 2001
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September 6, 2001
Goodrich Announces Industrial Division Spinoff After
Completing Glacier Bearing Acquisition
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September 5, 2001
August NAPM Report of Manufacturing Activity Shows
Marked Improvement
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September 4, 2001
U.S. Manufacturing Sector Glimpses Possible Recovery
in July 2001 Data
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August 31, 2001
Rexnord Bearing Parent Invensys plc Upgraded by Analysts
Expecting Manufacturing Recovery in Early 2002
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August 30, 2001
Lycoming Engine Bearing Failures Grounding Light Aircraft
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August 29, 2001
Miba Bearings Completes Acquisition of Federal-Mogul
McConnelsville Heavywall Bearing Plant
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August 28, 2001
Universal Automotive Reveals Details of Wanxiang Investment Arrangement
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August 27, 2001
Tsubaki Nakashima Cancels Plans to Issue 2.3 Million New Shares
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August 24, 2001
NSK and Timken in Joint Venture to Supply Toyota
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August 23, 2001
Xiangyang Automobile Bearing Implicated in Accounting Fraud
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August 23, 2001
U.S. Federal Reserve Cuts Interest Rate for Seventh Time in 2001
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August 22, 2001
RAND Institute: Asbestos Problems May Grow for Federal-Mogul, Others
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August 21, 2001
Wafangdian Reports Sales and Profits Dip in First Half 2001
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August 20, 2001
Torrington Cuts 50 More from Salary Workforce
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August 17, 2001
Waukesha Bearings Acquires Glacier RPB from Federal-Mogul
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August 17, 2001
U.S. Manufacturing Activity Improves to Flat in July 2001
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August 16, 2001
Timken Romania Completes Work on Ploiesti Facility
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August 15, 2001
Link-Belt Bearing Parent Invensys Cutting 2,500 More Jobs
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August 14, 2001
Bremen Bearings Moving From Bremen to Plymouth, Indiana
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August 13, 2001
Britain Declares Manufacturing Sector Officially in Recession
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August 10, 2001
Federal-Mogul: Rumors of Pending Bankruptcy Filing Grow Stronger
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August 10, 2001
Universal Automotive, Facing NASDAQ Delisting Action, Snares Wanxiang Investment
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August 10, 2001
Applied Industrial Reports Fourth Quarter 2001 Down, Fiscal Year Up
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August 9, 2001
Germany's Manufacturing Sector Headed Toward Recession in 2001
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August 9, 2001
Bearing Maker Axsys Technologies Announces Aggressive Restructuring,
Layoffs and Second Quarter 2001 Loss
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August 8, 2001
Roller Bearing Company of America Reports Fiscal 2001 Sales Down,
Profits Up Slightly
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August 7, 2001
Valhi Reports Sharp Drop in Sales and Operating Net
for 2001 Second Quarter
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August 6, 2001
Timken Will Accelerate Restructuring, Cut 300 More Jobs
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August 3, 2001
July U.S. Manufacturing Activity Index Fell Again for Twelfth Month
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August 2, 2001
Timken Removed From S&P 500 Index
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August 1, 2001
Koyo Romania Seeks Additional Funding, Wins Honda Motorcycle
Bearing Contract
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July 31, 2001
Kaman Reports Second Quarter 2001 Loss on 25% Sales Drop
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July 30, 2001
FAG Posts First Half 2001 Earnings Up 28% on 4% Sales Increase
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July 27, 2001
Bearing Failures Force Shutdown of Snake River's Lower Granite Lock
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July 26, 2001
NN Second Quarter Results Mixed on Acquisitions, Soft Markets
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July 26, 2001
FAG Acquires 26% of Microtechnology Venture
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July 25, 2001
Kaydon Reports Second Quarter Results Improved on Acquisitions
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July 24, 2001
SKF Reports Improved Second Quarter 2001, Predicts Down Third Quarter
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July 23, 2001
Torrington Parent Ingersoll-Rand Posts Mixed Results for 2Q2001
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July 23, 2001
Solar Challenge Contender Suffers Wheel Bearing Failure
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July 20, 2001
Federal-Mogul Operating Losses Widen as Second Quarter 2001
Sales Fall 11%
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July 19, 2001
Timken Reports Poor Second Quarter 2001 Results, Expects
No Third Quarter Improvement
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July 18, 2001
SKF Warns on Weakening Sales, Layoffs and Production Cutbacks
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July 17, 2001
Federal-Mogul Sells McConnelsville Heavywall Bearing Plant to Miba AG
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July 16, 2001
SKF India to Pursue New Funding and Refinancing
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July 13, 2001
Timken Brings OEM Through-Hardened Trailer Bearings to the Aftermarket
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July 12, 2001
Businessman Jailed for Selling Military Helicopter Bearings to Iran
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July 11, 2001
Kaydon Warns on Second Quarter Sales and Earnings Dropoffs
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July 10, 2001
Timken Rail Gets New Head
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July 9, 2001
FAG India to Expand Production Capabilities by Early 2002
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July 5, 2001
SKF and Shanghai Bearing Form Joint Venture to Manufacture
Ball Bearings in China
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July 3, 2001
Bearing Failures Ground U.S. Army Apache Helicopter Fleet
for the Third Time in 18 Months
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July 2, 2001
SKF Formally Divests All Information Technology Functions to EDS
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June 29, 2001
Moody's Downgrades Federal-Mogul Debt, Upgrades Minebea
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June 28, 2001
U.S. Heavy Truck Sales Continue to Fall
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June 26, 2001
Timken's Gaffney Rail Bearing Plant Suffers Lightning Strike and Fire
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June 25, 2001
SKF Continues Aggressive Crackdowns on Counterfeit Bearings in India
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June 21, 2001
UNICOR Buying Group Names Federal-Mogul as Manufacturer of the Year
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June 20, 2001
Norton Introduces New Grinding Media Specifically for Bearings
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June 19, 2001
GM Names Motion Industries to Fifth Supplier of the Year Award
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June 18, 2001
Timken Says U.S. Manufacturing in Recession, Warns on 2001 Sales & Earnings
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June 15, 2001
DXP Enterprises No Longer Under Nasdaq Delisting Threat
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June 13, 2001
Timken India Ends Fiscal Year 2001 With Profits Up 32%
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June 12, 2001
U.S.-China Trade Accords Pave The Way for China's WTO Membership Vote
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June 11, 2001
Rockwell Will Lay Off 1,000; Issues Earnings Warning Through mid-2002
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June 8, 2001
U.S. Automakers' Domestic Market Share Drops Below 50% in April
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June 8, 2001
SKF Inks USD $300 Million Revolving Credit Line
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June 7, 2001
Multiple Drive Bearing Failures Sidelining New Cruise Ships
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June 6, 2001
Argentina Investigates Dumping of Ball Bearings from China
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June 4, 2001
Kian Ho Holding Company Divests Shares
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May 31, 2001
Federal-Mogul Axes Top Executives
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May 31, 2001
Timken's Stephen Perry Confirmed as GSA Administrator
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May 30, 2001
Federal-Mogul and GKN Officially Deny Acquisition Rumor
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May 29, 2001
GKN Plc May be Offering Unsolicited $400 Million Bid to Acquire Federal-Mogul
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May 25, 2001
BFGoodrich Garlock Division Acquires Glacier Industrial Bearings from Dana
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May 23, 2001
North Korea Claims Miracle Agent Turns Iron Into Bearing Steel
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May 22, 2001
U.S. Heavy Truck Sales Continue Down; Decline Now Tops 30%
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May 18, 2001
FAG Predicts and Invites More Bearing Industry Mergers
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May 17, 2001
Bearing Man Reports Sales Dip but Strong Earnings
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May 16, 2001
Timken Denies Report of NSK Merger
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May 15, 2001
New Space Shuttle Engines Use Ceramic Bearings for Safety, Reliability
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May 14, 2001
SKF to Begin Building Second Asia-Pacific Distribution Center
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May 11, 2001
INA Opens New Bearing Factory in India
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May 10, 2001
Background Information About Electric Power Steering Systems
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May 10, 2001
Koyo Buys 24% Ownership in Fuji Kiko to Manufacture Electric Power Steering
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May 10, 2001
NSK Wins Electric Power Steering Contract for Ford, Volvo and Mazda
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May 9, 2001
Counterfeit Bearing Factory Raided and Closed, Owner Arrested
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May 8, 2001
Timken Joins INA, SKF and Rockwell/Dodge on PTPlace e-business Site
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May 7, 2001
Wrong Wheel Bearing Installed on Southwest Airlines Jet Fails During Takeoff
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May 7, 2001
CompX Reports First Quarter Profit Fell 44% on 10% Sales Drop
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May 4, 2001
FAA Issues Emergency Airworthiness Directive for all Boeing Model 737 Aircraft:
Fuel Tank Explosions are Now Linked to Heat and Sparks From Fuel Pump Bearings
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May 3, 2001
Russian President Putin Tours Vologda Bearing Plant
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May 2, 2001
Rulmentul Brasov Predicts 25% Sales Increase, Improved Profits in 2001
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May 1, 2001
NN Reports First Quarter Sales Rise on Acquisitions, Net Income Drops
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April 30, 2001
SKF India Posts 50% Drop in Net on Slumping Aftermarket Sales
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April 27, 2001
Timken Releases List of Plant Closings
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April 27, 2001
Kenworth Introduces 350,000 Mile Wheel Bearings on Class 8 Trucks
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April 27, 2001
DXP Enterprises Notified of Likely Nasdaq Delisting Action
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April 26, 2001
SKF Reports First Quarter 2001 Sales Rose 11%, Profits Up 18%
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April 25, 2001
SKF Acquires Italian Spindle and Ball Screw Manufacturer Gamfior SpA
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April 25, 2001
Momentum IMS Acquires Motion Multi Supply From Volito
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April 24, 2001
Timken Unveils Second Consecutive Global Restructuring Program
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April 24, 2001
Federal-Mogul Posts First Quarter 2001 Loss on 12% Sales Drop
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April 23, 2001
Kaydon Reports Sales and Earnings Drop in First Quarter 2001
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April 23, 2001
Severance Package for Ousted Federal-Mogul CEO Tops $4 Million
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April 23, 2001
U.S. Federal Reserve Cuts Key Interest Rates 0.5%.
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April 20, 2001
Former Kian Ho CEO Receives Nine Year Prison Sentence
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April 19, 2001
Timken Reports Weak First Quarter 2001 on Soft Markets and High Energy Costs
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April 19, 2001
General Bearing Boosts China Ningbo Investment to 50% Ownership
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April 18, 2001
NKK / Kawasaki Merger Will Produce World's Second-largest Steelmaker
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April 18, 2001
Applied Industrial Technologies Reports Expected Down Third Quarter Results
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April 17, 2001
General Bearing Management Abandons Buyout Plan
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April 16, 2001
Kaman Cites Slowing Economy for Drop in 1Q2001 Sales and Earnings
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April 16, 2001
Failed Bearings Cause Trailer Fire in New Jersey
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April 13, 2001
Saeco and Precision Bearings & Transmission Acquired in Management Buyout
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April 13, 2001
NAM Chairman Timken Predicts Manufacturing Recovery in 2001
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April 12, 2001
Kaydon Settles Final Sikorsky Helicopter Crash Litigation
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April 11, 2001
AMPEP Introduces Ceramic Coating for Bearings
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April 10, 2001
600 Group Acquires Gamet Precision Bearings
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April 9, 2001
SKF Eliminates Entire IT Department, Outsources to EDS
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April 9, 2001
FAG Predicts Strong 2001 Sales and Earnings Growth
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April 6, 2001
NAPM Manufacturing Index Rose in March, Fueling Hopes for Recovery
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April 6, 2001
Bearing Distributors Now Exclusive Vendor to Dresser-Rand
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April 5, 2001
New Bearings Will Help Protect San Francisco Bay Bridge from Earthquakes
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April 5, 2001
NN Warns First Quarter 2001 Earnings Will Not Meet Projections
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April 4, 2001
Kian Ho Reports Operating Net Dropped 39% on Flat Sales in 2000
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April 3, 2001
Xiangyang Reports Operating Loss for 2000
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April 2, 2001
Torrington Cuts 180 More Jobs as Automotive Sales Worsen
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March 30, 2001
Computer Disk Drives Likely to Stop Using Ball Bearings
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March 29, 2001
The VW Beetle is Alive and Well in Mexico
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March 28, 2001
Tata Bearings Launches Aggressive Growth and Acquisition Strategy
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March 27, 2001
Cobham Confirms Westwind Air Bearing Unit is For Sale
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March 26, 2001
SKF, Tenneco, TRW, Valeo Investigating Aftermarket Initiative for Europe
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March 26, 2001
CompX Completes Assembling New Executive Management Team
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March 23, 2001
Bush Administration to Tap Timken Executive as GSA Administrator
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March 22, 2001
A Short Business History of Mexico's Rail System Privatization
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March 22, 2001
Timken Opens Mexico City Facility to Remanufacture Rail Bearings
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March 22, 2001
China Eases Restrictions on Joint Ventures as Steps Begin to Prepare
for World Trade Organization Membership
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March 21, 2001
Freightliner Must Aggressively Move Bloated Inventories, says DaimlerChrysler
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March 20, 2001
Nova Scotia Ski Lifts Plagued by Bearing Failures
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March 19, 2001
Koyo and Mitsubishi Electric to Build Power Steering Parts Plant Near Prague
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March 16, 2001
U.S. May Restrict Steel Imports via Tariffs and Quotas
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March 15, 2001
Accuride Will Close Charlotte Ball Bearing Slide Plant
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March 14, 2001
SKF Mulling Bid for Bulgaria's VMZ-Sopot Bearing Works
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March 13, 2001
China Association of Machinery Industry is Formed
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March 12, 2001
Applied Industrial Technologies Predicts Further Slowdown in 2001
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March 9, 2001
Xibei Bearing Reports Operating Results for 2000
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March 9, 2001
SKF Supplying Most Bearings for New Ford Mondeo
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March 8, 2001
China Releases Bearing Industry Statistics for 2000
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March 7, 2001
NAM Report Says U.S. Manufacturing Is In Recession
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March 6, 2001
Invest In France Agency award goes to Timken, three others
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March 5, 2001
NAPM February manufacturing index shows modest upswing
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March 2, 2001
Kaydon acquires deceleration device manufacturer ACE Controls
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March 1, 2001
FAG and NTN join to form global strategic alliance
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February 28, 2001
NN Inc. reports strong 4Q2000 and FY2000, predicts solid 2001
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February 27, 2001
Federal-Mogul cuts salaried workforce by 10%
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February 26, 2001
Timken completes sale of tool and die steel operation
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February 26, 2001
Navistar reports loss, trims forecast amidst slumping North American truck market
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February 20, 2001
NN Inc. acquires Delta Rubber, adds bearing seals to product line
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February 19, 2001
Three European manufacturers merging to create world's largest steelmaker
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February 15, 2001
Kaydon reports mixed operating and financial results for 4Q2000 and FY2000
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February 14, 2001
Nippon Steel and Usinor sign formal agreement for cooperation
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February 14, 2001
Timken says sales in Romania will double in 2001
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February 13, 2001
SKF India #2: SKF will have cutbacks, restructure in slowing Indian market
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February 12, 2001
SKF India #1: SKF battles counterfeit bearings in India
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February 5, 2001
Belarus will continue selling bearings to Iran
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February 2, 2001
Federal-Mogul posts fourth quarter loss
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February 2, 2001
National Association of Purchasing Managers:
January 2001 Manufacturing Index is worse than December
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February 1, 2001
SKF posts improved operating results for FY2000, predicts 2001 slowdown
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January 31, 2001
U.S. Federal Reserve drops key interest rate by .5%
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January 31, 2001
NSK opening new U.S. distribution facility in Indianapolis
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January 30, 2001
SKF fails to find buyer, abandons plans to sell Ovako
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January 29, 2001
Ingersoll-Rand reports mixed earnings results for 4Q2000
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January 26, 2001
SNR and SKF to share automotive wheel bearing technology
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January 25, 2001
Timken reports 4Q2000, FY2000 operating results
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January 24, 2001
Federal-Mogul redoubles 4Q2000 operating loss projections
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January 23, 2001
General Bearing completes management buyout agreement
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January 22, 2001
Timken completes buyout of Yantai
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January 19, 2001
Timken Handpiece Headquarters dental unit acquires Score International
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January 18, 2001
Torrington and NN form buying consortium
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January 18, 2001
Delphi lays off 173 at Sandusky Ohio bearing hub assembly plant
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January 17, 2001
Ford Motor CEO says quality problems cost over $1 billion in 2000
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January 16, 2001
Slumping U.S. Heavy-Duty truck market may get much worse
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January 15, 2001
Bulgaria privatizing VMZ-Sopot, including Bearing Works
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January 12, 2001
Applied Industrial reports better sales and earnings in 2Q2001
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January 11, 2001
Federal-Mogul names new CEO and President/COO
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January 9, 2001
Timken and SKF in Brazilian joint venture for ring manufacturing
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January 8, 2001
Applied Industrial opens first location in Mexico
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January 8, 2001
India's Central Railway bearing safety questioned
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January 5, 2001
Federal-Mogul announces another major restructuring, 50% vendor consolidation
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January 5, 2001
Ford recalls 300,018 Contours & Mystiques: fan bearings are causing engine fires
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January 4, 2001
Federal-Mogul lands financing, will not file for bankruptcy protection
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January 3, 2001
U.S. Federal Reserve in surprise move cuts interest rate .5%
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January 3, 2001
National Assn. of Purchasing Managers:
December 2000 Manufacturing Index is the worst in ten years
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January 2, 2001
High-Tech marijuana plantation found inside Russia's Samara Bearing Factory
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- by Bruce A. Carr
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tips and commercial sources.
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eBearing.com ... for everything that moves™
Entire contents Copyright 1999-2008, eBearing Inc. All rights reserved.
eBearing.com and "... for everything that moves" are registered
trademarks of eBearing Inc.
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eBearing.com ... for everything that moves™
Entire contents Copyright © 1999-2008, eBearing Inc. All rights reserved.
eBearing.com and "... for everything that moves" are registered trademarks of eBearing Inc.
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