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INDUSTRY UPDATE

Timken Reports Strong Q2 2026 Growth, Raises Full-Year Earnings Outlook 

The Timken Company reported a strong top-line performance for the second quarter of 2026, with sales increasing 7.5 per cent…

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HAIMER Completes Generational Transition, Remains 100% Family-Owned 

On August 1, 2026, the HAIMER Group completed the generational change in its ownership structure. The company shares were transferred…

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ZF Posts Higher Profitability and Cash Flow in First Half of 2026

Friedrichshafen, Germany: ZF Friedrichshafen AG reported improved financial performance for the first half of 2026, posting higher profitability and stronger…

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Frontmatec AiRA Opens New Cardona Facility

Frontmatec AiRA’s new facility opened during the company’s 25th-anniversary year and expands the international Frontmatec group’s Southern Europe production. Frontmatec…

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ZF Appoints Sebastian Schmitt to Board of Management in Leadership Reshuffle

Friedrichshafen, Germany: ZF Friedrichshafen AG has announced a significant leadership transition with the appointment of Sebastian Schmitt to its Board…

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REM Surface Engineering Celebrates 20-Year Milestone for President & CEO Justin Michaud

REM Surface Engineering is proud to celebrate the 20th work anniversary of its President and CEO, Justin Michaud. Over the…

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