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The eBearing News
For the Year 2009
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19 October, 2009
NSK adds hybrid ceramic machine tool bearings
Ceramic rolling elements, dedicated construction target high-precision market.
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15 October, 2009
Timken confirms needle bearing business sale to JTEKT
Former Torrington operations don't fit new strategic direction.
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14 October, 2009
UVZ Rail launches complaint against SKF
Politics heightens sensitivity for delivery delay.
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13 October, 2009
Baldor moving Dodge bearing production to Marion
Columbus manufacturing facility up for sale as turnkey.
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12 October, 2009
Fenix and Garant expanding engine bearing production
Serbian factories adding to heavywall and release bearing capacity.
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8 October, 2009
KBI Bearing parent acquires FormTech
Further consolidates North American automotive forging industry.
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7 October, 2009
RBC acquires Lubron Bearing Systems
Infrastructure applications extend RBC's bearing portfolio.
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6 October, 2009
Pacamor Kubar Bearings expands cleanroom
Doubles in size to meet increasing demand.
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5 October, 2009
SKF promotes Makhija, names Joshipura to India
Asian operations earn focus and new President.
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1 October, 2009
Kaman closes new $225 million credit facility
Despite economic climate, lenders oversubscribe up to $300 million.
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30 September, 2009
Kingsbury in Messinger Bearing expansion
Opportunity in demand for very large industrial bearings.
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29 September, 2009
Royal acquires Maytag bearing inventory
Business as usual after settling dust-up with SKF.
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28 September, 2009
Counterfeit bearing in Indian hydroelectric plant
Low quality unit caught prior to installation.
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24 September, 2009
SKF warns of Luton layoffs
Weak demand for UK plant's large bearings.
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23 September, 2009
NTN and Nidec ending FDB motor joint venture
Fluid dynamic bearing applications spreading beyond disk drives.
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22 September, 2009
SKF Dalian expands operations
1.1 million square feet and growing into China's wind turbine market.
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21 September, 2009
FMC acquires Direct Drive Systems
Leading-edge active PM magnetic bearing manufacturer.
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17 September, 2009
NTN-BCA absorbs SNR U.S. operations
Continues integration march for acquisition begun back in 2006.
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16 September, 2009
New Way Air Bearings on 2009 Inc. 500 list
Named third year running as 2005-2008 sales growth topped 80%.
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15 September, 2009
Koyo in $10 million Orangeburg expansion
Automotive bearing plant bucks the trend.
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14 September, 2009
Timken lays off 54 more in Lebanon
Non-defense precision aerospace weak but not out.
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10 September, 2009
Commerce sets Peer's China TRB duties at 32.02%
Antidumping duty review process will have taken 18 months.
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9 September, 2009
EnPro zeros $109 million of GGB Bearing goodwill
Weak economy pressures 2002 spinoff valuation.
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8 September, 2009
U.S. Commerce receives requests to review antidumping duties on bearings
Ball bearing producers in France, Germany, Italy, Japan, UK all file petitions.
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7 September, 2009
Japan extends punitive tariffs on U.S. bearings
WTO-approved tariffs still tied to undead CDOSA.
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3 September, 2009
SKF opens Solution Factory Africa
Location number 6, on the path toward 15 this year.
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2 September, 2009
Kyklos Bearing parent fails in bid to acquire Metaldyne
Hephaestus Holdings had been stalking horse bidder for most chassis operations.
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1 September, 2009
Schaeffler will cut hours but guarantee jobs
Agreement through July 2010 rolls across all major facilities.
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31 August, 2009
NSK building precision components plant in China
Shenyang greenfield facility targeting precision machinery sector.
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27 August, 2009
NTN-Bower lays off 34 more in Macomb
Despite landing Lititz plant production, decline continues to hurt.
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26 August, 2009
NTN-BCA closing Lititz bearing factory
Former F-M facility victim of declining demand, rising costs.
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25 August, 2009
NRB workers end 2-month strike
Indian bearing producer inks new 3-year agreement.
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24 August, 2009
The worst may have passed for Timken St. Thomas
Auto industry demand shows signs of a bottom.
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20 August, 2009
SKF Aeroengine cuts 50
Stonehouse UK facility suffers with air travel slowdown.
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19 August, 2009
Timken promotes Dyer and George to aftermarket sales management
Effort continues to leverage more profitable non-OEM segments.
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18 August, 2009
Koyo closing Daleville plant in early 2010
Facility consolidation as auto supplier runs far below capacity.
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17 August, 2009
Lufkin acquires Rotating Machinery Technology
Tilting pad bearing producer rolled into key customer's division.
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13 August, 2009
NMB launches new website
Precision bearing producer puts advanced tools and catalogs online.
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12 August, 2009
Schaeffler launches new aftermarket website
FAG and LuK replacement parts, data and catalogs.
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11 August, 2009
SKF closing Fontenay-le-Comte despite de Villiers attacks
Posturing and public humiliation fail to sway long-obvious business decision.
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10 August, 2009
SKF cutting 900 more jobs worldwide
Fontenay-le-Comte will close as production shifts with global demand.
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6 August, 2009
Wingspan Capital acquires Aetna Bearing
Potential for synergy with other portfolio companies.
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5 August, 2009
USITC OKs SKF Aeroengine as successor to SNFA
Over two years spent reviewing antidumping-linked 2006 acquisition.
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4 August, 2009
600 Group eliminates China sourcing
Quality, warranty issues unsolvable.
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3 August, 2009
New BSA brief covers bearing coatings and materials
Becomes 23rd educational white paper published.
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30 July, 2009
Timken will divest Torrington
JTEKT likely buyer for never-assimilated needle bearing business.
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29 July, 2009
Guilty pleas in New York MTA counterfeit bearing fraud
ABEC Industries shut down, owner Ungar pleads to felonies.
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28 July, 2009
SBA sourcing waivers include bearings
No qualifying U.S. small business responses received.
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27 July, 2009
Cooper Bearings achieves ISO 14001
UK division of Kaydon produces split mounted roller bearings.
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23 July, 2009
SKF moving Stonehouse Super Precision to Italy
Machine tool sector decline and geographic shift cited.
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22 July, 2009
Schaeffler reaches no-layoff deal with IG Metall
Union will support financing and cost-cutting efforts in exchange.
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21 July, 2009
SKF completes Glasgow wheel bearing plant shutdown
All North American production now shifted to Mexico.
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20 July, 2009
Saratov adds 500 layoffs
Russian auto and industrial bearing demand weakens further.
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16 July, 2009
Timken India expansion on hold
Weak exports push attention to non-automotive local markets.
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15 July, 2009
SKF supplying bearings for 500 ZELC locomotives
China's new traction units becoming more like Europe's.
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14 July, 2009
McGill cuts 35 in Valparaiso
Industrial bearing demand continues weak.
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13 July, 2009
ACL Bearing receiving $7 million aid
Engine bearing producer continues to avoid shutdown.
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9 July, 2009
Daido closes Bellefontaine bearing plant
Follows sister Mahle Caldwell plant.
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8 July, 2009
Mahle Caldwell bearing plant closed
Sister Daido Bellefontaine plant close behind.
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7 July, 2009
Korea tackles bearing counterfeiter
Chinese bearings exported as made in Korea.
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6 July, 2009
More layoffs at NHBB Astro Division
Main aircraft/aerospace market continues slow.
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2 July, 2009
Brenco/EBC venture now making rail bearings in Russia
Saratov plant ramping up for major market opportunity.
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1 July, 2009
FAG Joplin adding wind energy bearings
Major investment in vertically integrated facility.
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30 June, 2009
U.S. Customs seizes counterfeit bearings
Four shipments from China tracked through to Phoenix.
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29 June, 2009
Rulmenti Barlad recalling 100 workers
Unique work/unemployment rotation continues.
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26 June, 2009
SKF closing Stonehouse super precision
Slowdown claims small machine tool bearing shop.
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25 June, 2009
Barden cutting 35 at Eastover
Despite investments, demand drives employment.
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24 June, 2009
American Roller Bearing receives NC stimulus
Morganton addition nets tax abatement and credit.
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23 June, 2009
ACL awaits aid as short weeks continue
Engine bearing manufacturer still up in the air.
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22 June, 2009
Timken closing Willenhall
Small shop for precision machine tools moving to Shiloh.
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18 June, 2009
SKF USA headquarters moves to Towamencin
Most U.S. staff now consolidated in one facility.
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17 June, 2009
Hartney to head Perfection's marketing
Schaeffler U.S. aftermarket head steps in as Stephens retires.
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16 June, 2009
NTN-Bower cuts Macomb jobs again
Another 55 cut and 6-week summer shutdown planned.
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15 June, 2009
Bowman acquires Oilite UK
Sintered bearing maker was mired in bankruptcy.
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11 June, 2009
Timken lays off 110 at Lincolnton
Economy overcomes impact of $70 million in new investment.
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10 June, 2009
India's counterfeit bearing problem builds
Industry and economy suffer along with the legitimate bearing industry.
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9 June, 2009
US Synthetic introduces synthetic diamond bearings
Man-made diamond surfaces replace rolling elements.
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8 June, 2009
NTN America opens Sparks distribution center
Fresh bearings now just one day away for most west coast customers.
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4 June, 2009
Timken lays off 45 in Lebanon
Weak economy also hits commercial aircraft builds and maintenance.
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3 June, 2009
U.S. Commerce open for antidumping review requests
Annual review includes four bearing orders.
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2 June, 2009
Schaeffler and Continental closing three plants
Capacity cuts target high-cost facilities.
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1 June, 2009
ISS treadmill needed 50 new bearings
Maintenance in space is difficult but critical.
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28 May, 2009
Minsk Bearing Plant awaits private investment
Still no takers in decade-long privatization effort.
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27 May, 2009
Barden nets $3.3 million incentive package
Competitors claim unfair subsidy for Schaeffler division.
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26 May, 2009
NN moves Gentry and Hodge to key management
Key bearing industry vendor continues restructuring.
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25 May, 2009
SKF Luton on short weeks
Further cuts may be needed as weak demand continues.
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21 May, 2009
India's bearing manufacturers complain of lax Customs
Bearings declared as scrap get 95% duty reduction.
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20 May, 2009
Fay named NMB President
Myron Jones retires from miniature bearing manufacturer.
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19 May, 2009
Rulmenti Barlad cuts 800 workers
Remaining 2,000 to rotate in and out of unemployment.
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18 May, 2009
Timken slashes St. Thomas workforce
Small group now populates one shift.
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14 May, 2009
Lindsay named new head of NSK Americas
Rouse replaced by former TI exec.
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13 May, 2009
Gomel Bearing Plant for sale, production slashed
Belarus economy suffers with the rest of the world.
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12 May, 2009
NTN announces SNR investments
Still plans to double European market share by 2011.
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11 May, 2009
Timken administrative cuts are likely permanent
Right-sizing but maintaining needed skills proves difficult.
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7 May, 2009
Shanghai GKN building third axle plant in China
Northern factory will be company's first outside Shanghai.
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6 May, 2009
NSK embezzler gets 45-day sentence
Up to $95,000 taken in two years.
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5 May, 2009
ACL Bearings gets breathing room
GE extends window, but government funds haven't arrived.
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4 May, 2009
Frozen bearings blamed for I35 bridge collapse
Findings contradict NTSB investigation in Minneapolis disaster.
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30 April, 2009
Daido shutting down Bellefontaine bearing plant
Thinwall engine bearing demand continues to fall.
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29 April, 2009
Bearings rank 136th in 2008 U.S. exports
Up from 139th in 2007.
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28 April, 2009
John Crane acquires Orion Bearing
Adds hydrodynamic bearings to process industry line.
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27 April, 2009
Rulmentul Brasov sale canceled again
14th effort now underway to dump Romanian bearing maker's assets.
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23 April, 2009
NH Supreme Court refuses NHBB trade secrets appeal
Advanced forensic analyses deployed when bearing engineer is poached.
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22 April, 2009
Bell helicopters grounded to inspect control bearings
Vendor ships improperly staked "inspected" bearings.
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21 April, 2009
China reports January 2009 bearing exports
Slide continues to deepen.
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20 April, 2009
SKF deal with Ferrari includes KERS
New 3-year deal keeps 150 components in F1 race car.
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16 April, 2009
Timken shuffles senior management
Skillsets juggled to face new world order.
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15 April, 2009
Timken plans 400 more white collar cuts
Continues to address SG&A overhead in weak economy.
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14 April, 2009
Bearing failure implicated in deadly NYC crane collapse
Slewing ring bearing repaired in China for $100k savings.
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13 April, 2009
Timken layoffs extend to aerospace
Recession hitting long-lead industries.
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9 April, 2009
Schaeffler may get help from state, Conti
Combined €22 billion debt weighs heavily.
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8 April, 2009
NKE completing new headquarters
Floorspace will more than double.
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7 April, 2009
Hungarian industrial sector under pressure
Low-cost industrial producer dependent upon weakening export markets.
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6 April, 2009
Federal-Mogul Blacksburg layoffs continue
Fewer cars and trucks mean fewer engine bearings.
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2 April, 2009
Koyo cuts back at U.S. bearing plants
Expansion plans tripped up, overlap layoffs.
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1 April, 2009
Timken layoffs hit southern U.S. plants
Most recent cutbacks reach 15% to 20%.
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31 March, 2009
Kilian prolongs seasonal shutdown
Weak demand slams custom-engineered bearings.
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30 March, 2009
ASTM bearing steel symposium set
U.S. Presidents are elected more often.
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26 March, 2009
Ford recalls Ranger trucks
Spindle forgings can crack, bearings and wheel separate.
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25 March, 2009
BecoTek expands production
Brass bearing retainers still in demand.
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24 March, 2009
SKF's Ioannides awarded Tribology Gold
Work on ISO 281 also brings Palmgren-Lundberg full circle.
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23 March, 2009
Valley Forge Composite wins momentum wheel contract
Sophisticated bearings keep satellites in place.
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19 March, 2009
Pakistan frees A.Q.Khan
Purveyor of black market nuclear technologies, centrifuges and bearings.
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18 March, 2009
Fire destroys Kaman Port Angeles
Bearings and PT components will ship from Tacoma.
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17 March, 2009
NTN-Bower Hamilton faces massive OSHA fines
Illustrating how simple situations can snowball.
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16 March, 2009
ACL Bearings on four-day weeks
Management also takes 16% pay cut.
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12 March, 2009
PSL Bearings laying off 20%
Export markets weak amid slowing wind turbine market.
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11 March, 2009
Plastics Capital adjusts to changing markets
BNL Bearings parent export sales benefit from weak pound.
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10 March, 2009
Rulmentul Brasov liquidation sale reset
From the Department of Perpetual Auctions Department.
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9 March, 2009
Federal-Mogul seeks 600 more layoffs at Goetze
But union rejects offer and government rejects petition.
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6 March, 2009
Schaeffler reveals developments
CFO resigns, funding sources sought, IG Metall signs on.
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5 March, 2009
FAG India reports fourth quarter, full year 2008 results
Full year is strong, but fourth quarter predicts weaker future.
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4 March, 2009
More metalcasting industry pain
Key bearing industry partners continue auto-driven collapse.
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3 March, 2009
GKN continues restructuring and consolidation
Automotive UK combining three plants into one.
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2 March, 2009
Federal-Mogul closing Summerton plant
But remains quiet about its aggressive plans for layoffs and plant closings.
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27 February, 2009
NN adjusts for prolonged slowdown
Global layoffs hit 25%, pay cuts reach 20%.
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26 February, 2009
China reports bearing exports for 2008
Dramatic second half slowdown caps growth under 3%.
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25 February, 2009
NTN Driveshaft on short weeks, lays off 200
No stability in sight for North American auto industry.
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24 February, 2009
NSK Peterlee lays off 80
Light vehicle component sales down by half since 2007.
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23 February, 2009
NTN eliminating all temporary workers
Over 1,000 remained in facilities worldwide.
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20 February, 2009
PME Babbitt Bearing considers Maysville
Tax incentive package offered for company's fourth location.
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19 February, 2009
Mahle cutting 150 from Kilmarnock
One third go as thinwall demand falls with auto industry.
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18 February, 2009
Ball bearing wholesale price index down 1% in India
January drop may signal prolonged, deeper problems.
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17 February, 2009
NTN-Bower cuts jobs in Macomb
But 2008's new hires still outnumber layoffs.
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16 February, 2009
China's central planners target bearings
Policy shift supports lagging basic component sectors.
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13 February, 2009
Minebea acquires Myonic as NHBB operation
Extends and leverages market reach in precision bearings.
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12 February, 2009
SKF Luton on weeklong shutdown
Employees use vacation or unpaid leave to rebalance heavy-duty inventory.
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11 February, 2009
U.S. restarts two antidumping duty reviews
Duties on ball bearings from Japan and UK under intense scrutiny.
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10 February, 2009
Schaeffler cuts workweek in Germany
20,000 workers potentially working shorter hours.
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9 February, 2009
NSK U.S. layoffs spread
Headquarters joins manufacturing plants in cutbacks.
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6 February, 2009
Barden cuts 10% in Plymouth
Aerospace and super-precision market softens.
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5 February, 2009
Timken lays off 20% in Romania
Weak demand for large industrials hits even low-cost sources.
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4 February, 2009
SKF lands Guangdong Fuwa seal contract
Asia's largest trailer axle producer will use Scotseals.
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3 February, 2009
Federal-Mogul takes larger Goetze position
Nudges 75% of Indian engine parts manufacturer.
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2 February, 2009
Schaeffler Canada extends layoffs
30 day holidays become 90-day layoffs.
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30 January, 2009
Minebea closing Skegness ball bearing plant
Recession, overcapacity and shrinking markets blamed.
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29 January, 2009
European Bearing cuts manufacturing
Non-paying customers cause liquidity problems.
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28 January, 2009
Amsted lays off 120 more from Virginia rail bearing plant
Former Brenco factory employment cut in half since 2007.
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27 January, 2009
U.S. Commerce changes duty on tapered roller bearings from China
16-year-old 60.95% antidumping rate rockets to 92.84%.
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26 January, 2009
SKF introduces magnetic sensor bearing
Key component of Stop & Start and StARS micro-hybrid drives.
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23 January, 2009
Schaeffler forces out Conti executives
Rows with Schaeffler push out CFO, Chairman steps down.
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22 January, 2009
Maroochy Bearings owner jailed
AU$162,000 funding lifted from Scottish Pacific.
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21 January, 2009
China details November 2008 bearing exports
Economic slowdown evident, even in official data.
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20 January, 2009
Almeida to head NSK Canadian aftermarket
Veteran of South American aftermarket push.
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19 January, 2009
Heavy trucks sending mixed signals
Key bearing market still unknown through 2010.
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16 January, 2009
Carnival sues RR over QM2 pod drive bearing failures
Promising technology still hampered by mechanical limits.
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15 January, 2009
Timken cuts 60 in Bucyrus
Demand for smaller TRBs continues to slump.
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14 January, 2009
Russia shutters GPZ-6 bearing factory
Unpaid workers regularly staged hunger strikes.
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13 January, 2009
NN closing Whirlaway Hamilton plant
Production shifting to main facility in Wellington.
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12 January, 2009
Fire hits SKF Hanover facility
Minor damage as first shift evacuates safely.
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9 January, 2009
Timken Rail opens new warehouse in Lenexa
Continuing expansion despite economic pressures.
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8 January, 2009
Peer Bearing spreads the wealth
Employees share $6.6 million of SKF acquisition cash.
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7 January, 2009
Meyer named President of Thomson
Qualitrol head adds Danaher's bearing operations.
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6 January, 2009
Bearing industry layoffs hit Slovakia
Among largest manufacturing sector cutbacks.
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5 January, 2009
Purvis acquires Bearing Belt Chain
Extends reach in southwestern U.S.
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2 January, 2009
eBearing.com joins internet elite
Thanks to you, we crack the top 1%.
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- by Bruce A. Carr
from individual research,
tips and commercial sources.
Copyrighted material; unauthorized reproduction prohibited.
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eBearing.com ... for everything that moves™
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Copyright information is on www.copyright.com
Unauthorized reproduction is prohibited.
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eBearing.com ... for everything that moves™
Entire contents Copyright © 1999-2010, eBearing Inc. All rights reserved.
eBearing.com and "... for everything that moves" are registered trademarks of eBearing Inc.
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