http://www.aem.org/News/IFPE/ IFPE Newswire en-us Copyright 2006 Association of Equipment Manufacturers. All Rights Reserved. Tue, 16 Mar 2010 08:39:37 GMT http://www.dieselprogress.com/prod_detail.asp?pick=1554&from=P Diesel Progress (November 14, 2008) - Webster Instruments has launched a new handheld hydraulic data logger for testing and diagnosing hydraulic systems. The new model HPM540 is applicable for portable diagnostic applications in mobile, industrial and agricultural machinery, as well as installation on hydraulic test benches. http://www.ptda.org/Content/NavigationMenu/AboutPTDA/PressReleases/Sept_2008_MOR.htm PTDA (November 11, 2008) - The Power Transmission Distributors Association (PTDA) today released September 2008 month-end trend data for distributors and manufacturers of power transmission/motion control (PT/MC) products. U.S. distributors' overall sales of PT/MC products rose 7.9 percent in September 2008 compared to August 2008. http://phx.corporate-ir.net/phoenix.zhtml?c=97464&p=irol-newsArticle&ID=1221593&highlight= Parker Hannifin (November 4, 2008) - Parker Hannifin Corporation today announced that it has acquired Nexgen Hose Inc., headquartered in Fergus, Ontario, Canada. Nexgen is a leading manufacturer of industrial PVC hose and tubing for niche and industry standard applications. These products are typically used in medical, agriculture, mining, diving, potable water / beverage and fire suppression industries. Terms of the transaction were not disclosed. http://www.boschrexroth.com/corporate/en/press/press_releases/corporate_information/aktuelle_meldungen/pi_160_08_en/index.jsp;jsessionid=abcANkMnTFa_VhofPLI1r Bosch Rexroth (November 3, 2008) - Bosch Rexroth AG is planning to purchase Interlit Joistgen GmbH with headquarters in Cologne (Germany). The company develops and markets systems for cooling and lubrication technology, which are used under the Interlit brand name especially in machine tools. Additionally, Bosch Rexroth is planning to acquire the associated production company MSG Maschinen- und Stahlbau GmbH with headquarters in Joachimsthal (Germany). A contract was signed accordingly on 31 October 2008 in Basel (Switzerland). It was agreed that the purchase price remains confidential. The purchase is subject to antitrust approval. http://phx.corporate-ir.net/phoenix.zhtml?c=97464&p=irol-newsArticle&ID=1220488&highlight= Parker Hannifin (October 31, 2008) - Parker Hannifin Corporation today announced the acquisition of EmiTherm Sdn Bhd, a provider of electromagnetic interference (EMI) shielding and thermal management products. Revenues of the acquired business were approximately $4.2 million in 2007. Earnings are expected to be accretive to Parker in the first full year and will be reported within the Industrial International segment. Terms of the transaction were not disclosed. http://www.industryweek.com/ReadArticle.aspx?ArticleID=17589 IndustryWeek (October 21, 2008) - Diversified industrial manufacturer Eaton Corp. reported net income per share of $1.87 for the third quarter of 2008, an increase of 9% over net income per share of $1.71 in the third quarter of 2007. Sales in the quarter were $4.1 billion, 25% above the same period in 2007. Net income was $315 million compared to $258 million in 2007, an increase of 22%. http://www.marketwatch.com/news/story/parker-hannifin-profit-up-9-cuts/story.aspx?guid=%7B67B8F310-C7CA-405D-AC1D-7AF3969700CA%7D&dist=hpts MarketWatch (October 16, 2008) - Parker-Hannifin said Thursday fiscal first-quarter profit rose 9% from a year ago as all four of its business units posted stronger sales. http://www.dieselprogress.com/news_detail.asp?pick=1501&from=N Diesel Progress (October 14, 2008) - Italy’s TTControl, a subsidiary of TTTech Computertechnik AG for the off-highway markets, and Germany’s Hydac International, a fluid technology and hydraulics manufacturer, have announced a strategic partnership in the area of electronics for mobile equipment. http://www.cranestodaymagazine.com/story.asp?sectioncode=135&storycode=2051164&c=1 Cranes Today (October 13, 2008) - Diversified industrial manufacturer Eaton Corporation has acquired Integ Holdings Limited, the parent company of Integrated Hydraulics Ltd, a UK-based manufacturer of valve blocks, screw-in cartridge valves and custom-engineered hydraulic valves. Terms of the deal were not disclosed. http://www.ptda.org/Content/NavigationMenu/AboutPTDA/PressReleases/August_2008_MOR.htm PTDA (October 9, 2008) - U.S. distributors’ overall sales of PT/MC products fell 1.4 percent in August 2008 compared to July 2008. When matched up against sales in the same month last year, sales in August 2008 were also down by 1.2 percent. Accounts receivable collection days increased 1.8 percent since July 2008. The confidence index of U.S. distributors for August rose 0.2 points to 5.6 (on a 10-point scale).