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KraussMaffei Automation relocates to corporate headquarters in Parsdorf

KraussMaffei Automation (KMA) has a new address: After 38 years at the Schwaig site (Germany), more than 150 KraussMaffei Automation employees left their previous location in the first quarter of 2024 and moved to the KraussMaffei headquarters in Parsdorf.

All office and shop-floor jobs were relocated, along with all items of stock. The KMA technical center was also integrated into the injection molding technical center at the same location. In just a few weeks, the entire production, warehouse and office workstations were successfully relocated to KraussMaffei’s Parsdorf headquarters, thanks to the great efforts of all the departments involved.

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Hankook’s electric bus tire wins the Red Dot Design award

The Red Dot Award is an international design competition hosted by Germany’s International Forum in Hannover. It selected winners in Product Design, Brands & Communication Design, and Design Concept by comprehensively evaluating various factors such as the industrial products’ design, quality, function, and eco-friendliness.

Hankook Tire’s winning product this year is the “e Smart city AU56,” a new tire tailored for electric buses that is poised for a global launch by year’s end. This acknowledgment further solidifies Hankook Tire’s prominent position in the global electric vehicle tire market.

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Continental unveils new hydraulic hose crimper technology

Continental has announced the new PC160i Crimper technology that takes the guesswork out of hose crimping, ensuring a reliable connection with every new hose application. Driven by CrimpIQ® Pro Mode, the PC160i is designed with the daily operator in mind. Featuring automatic, semi-automatic, and manual modes, with tooling capable of handling true 1 ¼” specifications and extending to some 2” applications, this machine caters to diverse operational needs.

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Yokohama Rubber posts record sales for first quarter

The Yokohama Rubber Co., Ltd., announced its business and financial results for the first quarter of fiscal 2024 (January to March 2024). Sales revenue increased 23.5% over the same period of the previous year, to 252.4 billion yen; business profit increased 91.0%, to 24.9 billion yen; operating profit increased 102.6%, to 26.8 billion yen; and profit attributable to owners of parent increased 104.0%, to 19.8 billion yen.

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Ashland board appoints Ashish K. Kulkarni as new director

Ashland Inc. announced the appointment of Ashish K. Kulkarni to its Board of Directors. Kulkarni is the CEO of Kebotix, a startup company focused on commercializing artificial intelligence methods into new material commercialization. He is the former executive vice president and chief innovation officer, GAF, former chief technology and innovation officer, Avantor and former chief technology and innovation officer, Celanese Corporation.

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Franklin Miller introduces new heavy-duty industrial shredder

Franklin Miller unveiled the TASKMASTER® TM3000, a heavy-duty industrial shredder engineered for unparalleled performance and reliability. Designed with a low speed, high torque configuration, the TM3000 is equipped to handle a vast array of shredding applications, boasting large throat openings and extra heavy-duty construction. Its innovative design ensures effective operation with minimal noise, sparking, dust, or heat rise.

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Dow to present “Silicones for the Emerging Space Ecosystem” at Space Tech Expo

Christopher Windiate, a Lead Technical Service & Development Specialist for Dow, will present “Silicones for the Emerging Space Ecosystem” at Space Tech Expo USA on Wednesday, May 15, at 10 AM (PT) in Long Beach, California.

Space Tech Expo is the West Coast’s premier B2B exhibition and conference for the space industry. This year’s event is scheduled for May 14 and 15 at the Long Beach Convention Center and will feature 50+ speakers, 275+ exhibitors, and 3500+ attendees.f

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