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NSK initiatives Combat counterfeit Bearing Manufacture

As a respected and coveted manufacturer of premium bearings, NSK has long been the victim of unscrupulous counterfeiters. Looking to cheat both the OEM and the user, those producing fake bearings will stop at little to deceive purchasers and boost the profitability of their illegal operations. However, NSK is fighting back with a range of measures that aims to nullify this corrupt practice.

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Schaeffler increases revenue by more than 8%

  • Above-average growth – revenue increases to EUR 12.1 bn
  • Earnings quality remains high – EBIT margin at 12.6%
  • Capital expenditures increased significantly – up 50% to EUR 857 m
  • Global presence expanded – 4,000 new staff worldwide
  • Strategic concept “mobility for tomorrow” – basis for further growth

The Schaeffler Group has continued along its successful course in 2014.

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FAG Active Magnetic Bearing: Magnetlager mit höherer Leistung und intelligenter Zustandsüberwachung

  • Größere Leistungsfähigkeit dank höherer Spannung
  • Intelligente Überwachung durch Condition Monitoring System

Eine hohe dynamische Tragkraft mit erhöhter Unwuchtkompensation zeichnet die extrem leistungsfähige Steuerungselektronik des FAG Active Magnetic Bearing für Wellengewichte größer 700 kg aus. Zusätzlich bietet Schaeffler ab sofort kundenspezifische Prototypen für aktive Magnetlagersysteme mit Wellengewichten kleiner 700 kg.

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Schaeffler successfully takes Action against Product Piracy in the US

  • Crackdown at Supplier Tex Star Bearings in Houston, Texas – Counterfeit Rolling Bearings Valued at 500,000 USD Seized

Together with other bearing manufacturers and in close cooperation with US authorities, Schaeffler Group has achieved a significant win in the fight against worldwide product piracy in rolling bearings. On July 16 and 29, 2014, counterfeit rolling bearings valued at over 500,000 USD were seized at supplier Tex Star Bearings in Houston, Texas in the USA.

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Schaeffler generates Record Revenue in the First Half of 2014

  •  Revenue at new record high of approximately EUR 6.0 bn; 9.6 % growth at constant currency
  •  Earnings quality with EBIT margin above 13 % on high level
  •  Free cash flow adversely affected by special items
  •  Capital structure further improved

The international technology group Schaeffler increased its revenue to a new record high of approximately EUR 6.0 bn in the first half of 2014. Revenue grew 6.7 % from the corresponding prior year period. Excluding the impact of currency translation, the Group’s operational revenue growth was 9.6 %.

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Schaeffler Board Changes

 

  • Norbert Indlekofer and Prof. Dr Peter Pleus join Executive Board of Schaeffler AG
  • Automotive business with joint leadership in the future
  • Wolfgang Dangel leaves the company at his own request
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Schaeffler: X-life quality for significant improvement in performance of bearings in machine tools

The Schaeffler Group has a highly sophisticated range of axial angular contact ball bearings for screw drives that allow absolute positioning accuracy at very high speeds in longitudinal machine tool axes. The highly-dynamic operating conditions found in screw drives require precise, rigid, low-friction bearing supports that can support axial and radial loads. The INA ZKLN and ZKLF double-row axial angular contact ball bearings from Schaeffler, which are ready to fit and either low-maintenance or maintenance-free, have proven their suitability for this application. These bearings will be available in X-life quality from the beginning of 2014 onwards. The optimized contact surfaces between the rolling elements and the raceway reduce friction in the bearing and allow higher limiting speeds to be achieved. This reduces both energy consumption and operating costs.

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