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gearboxes

Nidec to acquire 70 percent stake in Desch Group

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Nidec Corporation has agreed to acquire a 70 percent ownership of a privately owned German company, Desch Antriebstechnik and its group companies in Germany and China, from its owners.

The transaction will be made through Nidec-Shimpo, a Germany-based affiliate of Nidec’s subsidiary, Nidec-Shimpo Corporation.

Desch was founded in 1906 and manufactures and sells large precision gearboxes. It has approximately 400 employees and last year had revenues of around $100 million.  [Read more…] about Nidec to acquire 70 percent stake in Desch Group

Dana to supply driveshaft assemblies and motion systems for New York Wheel

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new york wheel
Photo credits: S9 Architecture / Perkins Eastman

New York City is planning to construct what will be the world’s largest ferris wheel, and a company called Dana is providing the crucial components.

Dana announced that it is providing driveshaft assemblies and gearboxes for the New York Wheel – which will be the world’s tallest observation wheel.

This attraction is currently under construction on the north shore of Staten Island in New York City and will stand 630 feet (192 meters) high when completed in early 2018.  [Read more…] about Dana to supply driveshaft assemblies and motion systems for New York Wheel

ZF opens European service center for industrial gearboxes in Witten, Germany

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zf witten plant
ZF’s plant in Witten, Germany

All European service activities of ZF for industrial and large gearboxes will now be concentrated in one place

ZF, one of the world’s leading technology providers to the automotive trade, has been busy expanding its operations lately. 

The company has opened its first consolidated European service centre in Germany, as well as a new technology centre in India.

The opening of the ZF European Service Center in Witten, Germany proves ZF’s focus on service and customer orientation in the industrial drives business, according to the company.  [Read more…] about ZF opens European service center for industrial gearboxes in Witten, Germany