Cement News tagged under: Gears
Sumitomo Drive Technologies expands its Illinois warehouse20 September 2024, Published under Cement NewsSumitomo Drive Technologies, a leading manufacturer of power transmission and motion control solutions to the cement and other industrial sectors, held a grand opening ceremony for its expanded facility in Glendale Heights, Illinois, USA on 17 September 2024. The expansion project, managed by its trusted construction partner PREMIER Design + Build Group, has significantly increased the facility's total footprint to over 7618m 2 (82,000ft 2 ), more than doubling its previous space. The e... |
Menzel opens new headquarters and motor plant16 May 2024, Published under Cement NewsMotor and drive specialist Menzel Elektromotoren has celebrated the opening of its new headquarters near Berlin with a grand inauguration party. In honour of company founder Kurt Menzel, the date was set for the 120 th anniversary of his birthday on 14 May 2024. The company required extra space and modern production facilities designed for efficient processes and larger, heavier machines. In addition to state-of-the-art machinery, efficient paint shops and test fields that can accomm... |
FLSmidth sells MAAG to Solix23 January 2024, Published under Cement NewsFLSmidth Cement sold its MAAG gears and drives business to Sweden-based investment company, Solix Group AB. The transaction is expected to close during the 1Q24 and includes all related assets, including intellectual property, technology, employees and customer contracts. The divestment of the MAAG business is in line with FLSmidth Cement’s GREEN’26 strategy, which in combination with a greater strategic focus on the Service business includes focussing the product portfolio on the core tec... |
Flender opens expanded Voerde logistics and storage hall19 May 2023, Published under Cement NewsDrive manufacturer Flender has officially completed construction work on the expansion of its site in Voerde, Germany, with the opening of its new logistics and storage hall for the assembly of large gear units. The hall has been built on an open area on the company's premises covering almost 8000m 2 . The new building is part of Flender's investments to be able to handle the expected growth in the global wind energy business and to drive the energy transition in Europe. In addition to... |
Flender completes Moventas acquisition26 April 2022, Published under Cement NewsDrivetrain specialist Flender, has successfully closed the transaction to acquire Finnish wind turbine gearbox manufacturer Moventas, after receiving approval by the authorities. Moventas is now solely owned by Flender. The acquisition marks the next step in Flender’s growth strategy after progressing into independence last year. “We are very happy to announce the closing of this strategic acquisition. Moventas’ expertise and product portfolio is a perfect fit into our strategy of being th... |
Flender to acquire Moventas11 February 2022, Published under Cement NewsFlender has reached an agreement to acquire Finnish wind turbine gearbox manufacturer Moventas from investor N4 partners. The planned acquisition marks the next step in Flender’s growth strategy after progressing into independence last year. Integrating Moventas’ engineering and service capabilities will further foster Flender’s wind drives business under the successful Winergy product brand. The acquisition is still subject to approval by authorities and is expected to close in summer 20... |
Voith Group acquires 100% shares in Elin Motoren GmbH27 January 2022, Published under Cement NewsVoith Group has owned a 70 per cent controlling share in Elin Motoren GmbH since 1 May 2020 and at the end of 2021 acquired the remaining 30 per cent that was held by Franz Hrachowitz, the company's managing director. "For Voith, this is a further step in strengthening our core business and consistently expanding it in the direction of sustainable technologies," says Dr Toralf Haag, CEO of the Voith Group. The full acquisition of Elin Motoren by Voith will have no impact whatsoever... |
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