News Article | April 24, 2017
For the estimated 125,000 plus attendees at CONEXPO-CON/AGG 2017, the mood was upbeat and there was much to see as more than 2,800 exhibitors from around the globe offered the latest in products and services for the contracting, recycling and quarry industries. Having taken place at the Las Vegas Convention Center in Las Vegas, NV, March 7-11, CONEXPO-CON/AGG and IFPE has become the foremost event of its kind in North America. This year, attendees and vendors alike expressed a mood of optimism reflected in customer equipment sales unlike those of recent years. “This has been one of the best editions of CONEXPO-CON/AGG – ever,” said Rich Goldsbury, 2017 CONEXPO-CON/AGG chair and CEO and president Doosan Bobcat North America & Oceania. “Exhibitors are writing sales at an incredible pace, and attendees clearly came to Las Vegas to buy.” That sentiment didn’t go unsubstantiated. At one of the early equipment press events on Wednesday, one vendor expressed their pleasure regarding first day’s equipment sales on Tuesday, where their sales staff sold more than one dozen pieces of quarry equipment, a bonanza by any measure. Other vendors expressed the same optimism. “There was an element of confidence and pent-up demand at the show,” said Dave Foster, vice president for Marketing & Corporate Communications at Volvo CE. “These are not tire kickers. These are people who are willing to buy multiple machines for work they have now and anticipated growth based on a renewed confidence in the market.” According to the Association of Equipment Manufacturers (AEM), one of the show sponsors for this world renowned event, “A series of key metrics reflected the improved conditions, which were bolstered by a new pricing strategy intended to reinforce the overall quality of CONEXPO-CON/AGG and IFPE 2017 attendees.” These included a U.S. buyer attendance that jumped over 16 percent from the 2014 show, and total buyer attendance improved by almost eight percent. Overall contractor and producer attendance grew by 10 percent with the total attendance nearing 128,000 for the week. AEM reported that almost half of all attendees serve in executive positions at their company, and more than three-in-five attendees serve in a decision making role. Almost 26,000 international attendees from 150 countries braved global headwinds including a strong dollar, flagging export markets, and these visitors composed nearly 20 percent of overall attendance. Interestingly, attendees purchased a record breaking 52,000 tickets for education sessions at the show, a 26 percent increase from the 2014 show. Total ticket sales excluding IFPE jumped by over 27 percent compared to 2014. “I think there (was) a noticeable difference in the attendees at this show. The difference (was) their optimism,” said Gradall Industries President and 2017 Association of Equipment Manufacturers Chair Michael Haberman. “Optimism was on display throughout the show, and the traffic was excellent.” Other show sponsors include the National Stone, Sand & Gravel Association, the National Ready Mix Concrete Association and the Associated General Contractors of America. Together, these groups are planning for the CONEXPO-CON/AGG and IFPE slated for 2020. Once again, this popular event is scheduled for March 10-14, 2020, in Las Vegas. For more information visit the event website at conexpoconagg.com .
News Article | May 3, 2017
Group sales for the first quarter were up year-on-year by 4% in constant currency, slightly ahead of the published market indices. The increase in activity largely reflected the steady improvement experienced across all European end-markets. Overall, US end-markets remained broadly flat, as sales of hydraulic products for construction equipment returned to year-on-year growth for the first time in the last six quarters. The disposition of our larger customers was certainly more positive in the first quarter of 2017 compared to the second half of 2016. However, as distribution channels continue to be refilled, the level of end-customer demand remains a little unclear. The restructuring plans we initiated and executed during the second half of 2016 have delivered the expected cost savings during the first quarter of 2017. The Concentric Business Excellence programme ("CBE") has continued to support further improvements to the group's operating leverage, such that the EBIT margin for the first quarter increased to 18.3% (16.5). We recently exhibited at the International Fluid Power Exhibition (IFPE) 2017 where Concentric presented its extensive range of pumps, including recent product developments such as the patented Dual Cone Clutch pump, for use in systems requiring intermittent flow and pressure, which received a lot of positive feedback. We continue to make progress on our organic growth objectives, as evidenced by the recent technology wins: We also continue to explore acquisition opportunities for enabling technologies that will enhance our solutions for variable displacement pumps and provide us with an even greater presence alongside our global customers. Looking forward, the orders received, and expected to be fulfilled during the second quarter of 2017, were slightly ahead of the sales levels of the first quarter of 2017. We expect that the positive demand trend for all European end-markets will continue. Market indices suggest that production volumes blended to Concentric's end-markets and regions will be up 2% year-onyear for 2017. Concentric remains well positioned both financially and operationally, to fully leverage our market opportunities. For further information, please contact: The information in this report is of the type that Concentric AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 08.00 CET on 3 May, 2017. This information was brought to you by Cision http://news.cision.com http://news.cision.com/concentric-ab/r/concentric-interim-report-january---march-2017,c2255842 The following files are available for download: To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/concentric-interim-report-january--march-2017-300450377.html
News Article | March 1, 2017
LAS VEGAS, March 1, 2017 /PRNewswire/ -- Among the construction, mining and agricultural machinery on display at the 2017 International Fluid Power Expo (IFPE) in Las Vegas, are some smaller but equally powerful components that help keep these industrial giants trouble-free and moving....
News Article | March 2, 2017
CLEVELAND, March 02, 2017 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced the launch of Parker IQAN® Connect, the latest innovation in motion control. Using standard SAE J1939 protocol, IQAN Connect integrates Parker’s intelligent hydraulic components with electronic control hardware and software to create a seamless digital ecosystem. With IQAN Connect, development time is dramatically reduced, equipment performance is optimized and remote monitoring is simplified for OEMs and fleet managers. For developers, IQAN Connect integrates hydraulic components and customizable software that deliver next-generation connectivity while providing flexibility in design. The system’s building-block approach reduces development times while enabling those without extensive programming skills to create advanced functions quickly and easily. On the jobsite, IQAN Connect helps improve machine performance and productivity by recording and storing all data in the cloud. This information can be accessed instantly, allowing adjustments to machine operation to be made in real time. Assets are managed with live diagnostics to help reduce downtime, maximize return on investment, and improve safety and productivity. “Our customers are looking for technologies to improve efficiency and reduce downtime,” said Jacob Haas, Vice President Marketing for the Hydraulics Group. “IQAN Connect leverages intelligent digital technology to keep machines operating at peak performance. Delivering this powerful system to our customers represents a tremendous breakthrough for our industry.” IQAN Connect will be debuted at IFPE 2017, booth #S-80242, at the Las Vegas Convention Center, March 7-11, 2017. IFPE is co-located with CONEXPO-CON/AGG 2017, the largest international gathering place for the construction industries. Learn more about the IQAN Connect at www.parker.com/iqanconnect. Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For 100 years the company has engineered the success of its customers in a wide range of diversified industrial and aerospace markets. Learn more at www.parker.com or @parkerhannifin.
News Article | November 17, 2016
Clinical Psychologist and Marriage, Family and Child Therapist Dr. Carol Francis examines the many signs of emotions and conflicts that are reflected in the human skin. Using the sciences pertaining to parasympathic involuntary physiological processes, Dr. Carol Francis details the various involuntary and honest signs of shame, guilt, anger, depression, stress, lying, conflict, contempt and masking responses at the International Forum for Psychoanalytic Education (IFPE). Dr. Carol Francis explains, "The skin reveals through micro and macro muscular movements, sweat glands, oil excretions, blood flows, and hair follicle movements a myriad of emotional issues that are authentically and instantly represented. This is important when there is a possibility of hidden issues, stories that are contrived, or even unconscious processes that need to be noticed and explored in order for individuals to move forward resolving conflicts and complications that they wish to solve during therapy. For most clinicians, these detailed observations are not noticed and much information is lost during a psychotherapy session that is being spontaneously shared in the clients/patients' skin responses." Dr. Carol Francis continues, "In personal and professional relationships, reading the skin's spontaneous responses can provide some information about lying, cheating, deceiving, covering-up that can be important in marriages, raising children, working with business partners. Also reading the signs of the moment set forth in the skin can help to inform responses that will help resolve tension or worries during marital arguments, parenting tensions or business transactions." For more information about these interesting physiological signs and communiques, Dr. Carol Francis presented the research and clinical applications at the IFPE conference which focused on SKIN in this 2016 meetings in Pasadena, CA.
News Article | February 27, 2017
CHARLOTTE, N.C., Feb. 27, 2017 /PRNewswire/ -- Bosch Rexroth will showcase a variety of new systems, products and technology during CONEXPO/IFPE March 7-11, 2017 in Las Vegas, including the new iCube display as well as Genius Cab, an innovative wheel loader cabin concept developed by...
News Article | February 16, 2017
Mechanics Hub, today announced that for the first time, it will be attending the 2017 international CONEXPO-CON/AGG trade show & IFPE conference in Las Vegas, Nevada, USA. The company will be exhibiting at booth # 7150 in the Gold Hall at the Las Vegas Convention Center for the duration of the 5-day event from March 7 to 11. Mechanics Hub will be presenting their recruitment solutions and highlighting the development of the largest diesel mechanic network in North America. The team will discuss how Mechanics Hub helps companies build a skilled team of efficient heavy equipment mechanics and trade specialists in management, parts & service. "Being one of the largest trade shows of its kind, Mechanics Hub is excited to be attending this year’s CONEXPO and IFPE," said Mechanics Hub General Manager, Jason Van Pelt. “As a provider of talent, it provides opportunities for us to engage with current and potential clients and contribute to the event by showcasing how we can drive talent and profitability through our unique network and recruiting solutions.” CONEXPO‐CON/AGG is an international event held every three years for the construction industries. It features exhibits with the newest equipment, technologies, and innovations, plus industry specific education. IFPE is an international showcase and technical conference dedicated to the integration of fluid power with other technologies for power transmission and motion control applications. Meetings may be arranged with Jason Van Pelt by contacting Mechanics Hub via e-mail at jvp(at)mechanicshub(dot)com, or by phone at +1 (888) 620-5111 extension 231, or by visiting https://www.mechanicshub.com/events/ on the web. Mechanics Hub is offering $100.00 off show registration to those looking to visit their booth and attend the show. Mechanics Hub will also be exhibiting at the National Heavy Equipment Show in Mississauga, Ontario, Canada from April 6 to 7.
CONEXPO-CON/AGG and IFPE 2017 are teaming up to unveil the world's first fully-functional 3D printed construction excavator and the first large-scale use of steel in 3D printing. The excavator, which will be on display at the joint trade shows in March 2017, will bring to life how technology is transforming the construction industry in line with the show's 2017 theme, "Imagine What's Next." In addition to the pre-printed excavator, show attendees will see a second excavator printing live on the show floor. CONEXPO-CON/AGG and IFPE 2017 will take place March 7-11, 2017 at the Las Vegas Convention Center. The excavator is a joint collaboration between the Association of Equipment Manufacturers (AEM), National Fluid Power Association (NFPA), Center for Compact and Efficient Fluid Power (CCEFP), Oak Ridge National Laboratory (ORNL), and the National Science Foundation (NSF). The group is working with research teams from Georgia Tech and the University of Minnesota to convert the current excavator design to one that is conducive to and takes full advantage of 3D manufacturing. Graduate engineering students at Georgia Tech will be creating a boom and bucket featuring integrated hydraulics with the goal of decreasing the weight, materials cost and maintenance, while students at the University of Minnesota are designing a hydraulic oil reservoir/heat exchanger and cooling system that reduces the size and weight and increase the efficiency of the machine. "Technology and innovation will drive change for the future of the construction industry, and we're excited that students are playing a vital role in bringing the newly designed machine to life," says Eric Lanke, chief executive officer of NFPA. In addition to the partnerships with the Georgia Tech and the University of Minnesota, AEM, NFPA, CCEFP, ORNL and NSF are inviting undergraduate engineering students from across the country to participate in a nationwide contest to design and print a futuristic cab and a human-machine interface for the excavator that is both aesthetic pleasing and functionally designed. Students can submit their designs for the cab of the excavator on the Center for Compact and Efficient Fluid Power website and all entries will be judged by a panel of industry experts. The winning team will receive a $2000 cash prize and the opportunity to visit the Oak Ridge National Laboratory (ORNL) in Tennessee to observe the printing of the selected design.
News Article | February 27, 2017
FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--At CONEXPO/IFPE 2017, Bosch will showcase system solutions for the future of construction equipment that enhance vehicle intelligence, safety and comfort. Through systems from its Commercial Vehicle & Off-Road unit as well as Bosch Rexroth, Bosch will highlight solutions that help the construction industry to improve operations from the ground to the cloud. Bosch has been supporting the industry for a number of years and in 2016 the company introduced a new business unit, Commercial Vehicle & Off-Road, to specifically address the current and future needs of this field. “The Bosch portfolio addresses a variety of needs with systems that make for a safer and more productive construction site,” said Andrew Allen, head of the Construction business for Commercial Vehicle & Off-Road business unit at Bosch. “We offer specific technology solutions for the industry and the Bosch IoT cloud provides an even deeper level of integration and flexibility for continuous improvement.” Genius CAB debuts in the U.S. at CONEXPO/IFPE 2017 The Genius CAB concept will be shown for the first time in the U.S. at CONEXPO/IFPE. This project brings together a network of renowned suppliers including: Bosch, the Technische Universität Dresden, and VDBUM, the German association for construction, environmental, and machine technology. The project’s aim is to demonstrate to manufacturers of construction machinery, agricultural machinery, and industrial forklifts the untapped potential and benefits of system integration. The concept won an innovation award at bauma 2016 in the Design category. In addition to the Genius CAB, Bosch will showcase many other technologies at CONEXPO/IFPE designed to enhance the operator experience for construction machinery. The Bosch Central Gateway (CGW) is the central communication node that acts as a router for in-vehicle communication and through the connectivity control unit (CCU) to the outside. It is the gate for all data coming into the vehicle and is secured through functions such as firewall and intrusion detection. ETAS and ESCRYPT (both parts of the Bosch Group) provide the necessary transmission and encryption technologies that ensure functional safety and data security. The gateway enables secure software updates via the cloud or firmware over the air (FOTA) updates. The Connectivity Control Unit or CCU from Bosch receives and transmits vehicle information via Bluetooth, WiFi, and/or LTE with a SIM card, enabling remote diagnostics, predictive maintenance and more. The CCU can also be used to determine the vehicle’s position using GPS, if desired. The Bosch Surround View EasyFit enables any vehicle or machine to be equipped with surround view functionality to improve visibility and safety for operators in the working area. The system combines image streams from four cameras and stitches them together in a single 360-degree bird’s-eye view picture free from blind spots. With a simple calibration algorithm, the system can be easily integrated into individual vehicles as series or retro-fit equipment. EXPERIENCE BOSCH AT CONEXPO/IFPE 2017 in Las Vegas, Nevada: At CONEXPO/IFPE 2017, Bosch is showing system solutions for the future of construction that enhance vehicle intelligence, safety and comfort. Systems from Bosch and Bosch Rexroth can improve operations from the ground to the cloud. Having established a regional presence in 1906 in North America, the Bosch Group employs some 32,500 associates in more than 100 locations, as of December 31, 2016. According to preliminary figures, in 2016 Bosch generated consolidated sales of $13.7 billion in the U.S., Canada and Mexico. For more information, visit www.boschusa.com, www.bosch.com.mx and www.bosch.ca. The Bosch Group is a leading global supplier of technology and services. It employs roughly 390,000 associates worldwide (as of December 31, 2016). According to preliminary figures, the company generated sales of 73.1 billion euros ($80.9 billion) in 2016. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT company, Bosch offers innovative solutions for smart homes, smart cities, connected mobility, and connected industry. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to create solutions for a connected life, and to improve quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.” The Bosch Group comprises Robert Bosch GmbH and its roughly 450 subsidiaries and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. The basis for the company’s future growth is its innovative strength. At 120 locations across the globe, Bosch employs 59,000 associates in research and development. Additional information is available online at www.bosch.com, www.iot.bosch.com, www.bosch-press.com, www.twitter.com/BoschPresse.
News Article | February 21, 2017
Visit Trelleborg booth S81616 to learn about the Service PLUS program - Value Added Solutions for the Entire Supply Chain LAS VEGAS, NV and FORT WAYNE, IN--(Marketwired - Feb 21, 2017) - At this year's IFPE, Trelleborg Sealing Solutions, a world leading developer, manufacturer and supplier of precision seals and bearings, will demonstrate the power of its Service PLUS program. This 'total solution' simplifies the workflow across every discipline of a fluid power professional's value chain; from engineering to logistics, manufacturing to the aftermarket. In addition, design engineers working in power transmission, motion control and fluid power industries will be interested in seeing first-hand the next generation of solutions for hydraulic and pneumatic applications, including the latest developments in rotary, linear and static sealing. Joe Woods, Fluid Power Segment Manager Americas for Trelleborg Sealing Solutions, says: "As a one-stop solution provider, we are thrilled to highlight our Service PLUS program. It has been well received and tremendously successful in helping customers simplify their inventory processes through smarter custom logistics, incorporating 'ready-to-use' assembled components and enhanced support for aftermarket requirements, with customized seal kits and packaging. This includes an express prototyping service called QuickSeal." IFPE attendees are encouraged to stop by booth S81616 to share ideas with seal engineering experts in fluid power and hydraulics, while perusing the wide range of products from Trelleborg Sealing Solutions that include: O-Rings, hydraulic seals, rotary shaft seals, oil seals, static seals, pneumatic seals and mechanical face seals. For press releases from the whole of Trelleborg Group, visit the Trelleborg Media Center. Go to http://www.trelleborg.com/en/media. Trelleborg Sealing Solutions is one of the world's leading developers, manufacturers and suppliers of precision seals and bearings. It supports its life sciences, aerospace, industrial and automotive customers through over 20 production facilities and more than 40 marketing companies globally. Within its portfolio are some of the longest established sealing brands, including Busak+Shamban, Chase Walton, Dowty, Forsheda, GNL, Palmer Chenard, Shamban, Skega and Stefa along with a large number of proprietary products and materials such as Turcon®, Zurcon®, Orkot®, Isolast®, Stepseal® and Wills Rings®. www.tss.trelleborg.com. Trelleborg is a world leader in engineered polymer solutions that seal, damp and protect critical applications in demanding environments. Its innovative solutions accelerate performance for customers in a sustainable way. The Trelleborg Group has annual sales of SEK 31 billion (EUR 3.23 billion, USD 3.60 billion) and operations in about 50 countries. The Group comprises five business areas: Trelleborg Coated Systems, Trelleborg Industrial Solutions, Trelleborg Offshore & Construction, Trelleborg Sealing Solutions and Trelleborg Wheel Systems, and the operations of Rubena and Savatech. The Trelleborg share has been listed on the Stock Exchange since 1964 and is listed on Nasdaq Stockholm, Large Cap. www.trelleborg.com.