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News 
 
SEW Eurodrive

Industrial equipment maker boosts digital factory with $4.5 billion acquisition

Siemens AG says it has agreed to buy U.S.-based software firm Mentor Graphics Corp. for $4.5 billion, broadening Siemens digital capabilities. » Read fill article

Another data-driven solutions acquisition aimed at reducing maintenance costs

Lloyd’s Register (LR), the global engineering, technical and business services organization, has acquired RTAMO Ltd, a software enabled consultancy based in Aberdeen, which provides cutting edge data-driven solutions designed to reduce maintenance costs for asset owners. » Read full article

Industrial supplier to improve efficiency in the industrial division

Schaeffler AG has decided to step-up efficiency improvement measures in order to revitalize its Industrial business. The target is to implement leaner structures, reduce production and administrative costs, and improve bottom-line results. » Read full article

Partnership combines technology and industry expertise to advance asset performance

Siemens and Bentley Systems formalized a strategic alliance to drive new business value by accelerating digitalization to advance infrastructure project delivery and asset performance in complementary business areas. » Read full article

Danfoss awarded for innovation in asset performance

Danfoss, a leading manufacturer of high-efficiency components and controls for air-conditioning, heating, refrigeration, industrial, and water systems, has been named a winner for “Innovation in Asset Performance” at the 2016 Be Inspired Awards for its Danfoss Enterprise Services platform. » Read full article

Potentially deadly lack of machine safeguarding in metal fabricating plant

According to OSHA statistics, nearly 5,000 workers in metal fabricating plants suffer non-fatal injuries annually in the United States, or approximately three times more than those employed in electronics or apparel manufacturing. » Read full article
 
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Sponsor Spotlight 
 
NTN

Brands you count on, People you trust.

Food and beverage applications require bearings and bearing units that can stand up to meticulous standards. NTN offers end-users a solution with its Sentinel Series™, a premium line of stainless steel bearings and bearing units featuring food-grade solid lube with caps that addresses customer needs for a maintenance-free, washdown-resistant product line for food and beverage applications. » Learn more
 
FEATURED NEWS 
 
Oil & Lube Webinar

Webinar series wrap-up – Energy efficiency in oil & lube

This complimentary webinar considers various ways energy savings can be measured directly or indirectly. A panel of experts provide practical tips on how to save energy and reduce operating costs through reduced maintenance, longer oil change intervals and less wear. Learn how to calculate savings when converting from one lubricant to another. November 17, 2016 at 2 P.M. EST » read more
 
Events 
 

MRO Webinar: What is the lubricant’s role in energy efficiency?

Date: November 17, 2016 at 2 P.M. EST
Location: Webinar » more info

FABTECH 2016

Date: November 16 – 18, 2016
Location: Las Vegas, Nevada » more info

Valve World Expo 2016

Date: November 29 - December 1, 2016
Location: Düsseldorf, Germany » Lorem ipsum dolor