Industry Updates

Equipment Lease Finance Industry Confidence Up in March

Washington, DC, March 23, 2012 –- The Equipment Leasing & Finance Foundation (the Foundation) releases the March 2012 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from [...]

Eriez’ 5-Star Service® Offers Customers 24/7 Emergency Service and On-Site Repairs to Reduce Equipment Downtime

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Erie, Pa. — Besides handling complete remanufacturing of equipment, Eriez’ 5-Star Service® also provides maintenance service and overall repair work on magnetic, vibratory and inspection processing machinery. “Our dedicated and experienced team of professionals is available 24/7 to evaluate your equipment service requirements and determine the best course of action to eliminate production downtime,” says [...]

Sandvik Coromant Announces New Strategic Direction

Fair Lawn, N.J. – Sandvik Coromant, the market-leading producer of tools for the metal-cutting industry, has announced a new regionalized business structure that will improve efficiency, growth and profit with a stronger and more enhanced focus on growth. As previously announced, John Israelsson will lead the new regional organization as President of Market Area Americas [...]

Crenlo hires Jerry Otto to lead enclosure sales organization

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ROCHESTER, Minn. (February 14, 2012) — Crenlo is pleased to welcome Jerry Otto as national sales manager for the company’s enclosure business. He brings with him more than 20 years of channel management and sales management experience. In his new position, Otto will manage Crenlo’s team of enclosure sales representatives as well as a network of manufacturer’s [...]

Eriez® Announces Three New Hires in Sales Department

Erie, Pa. — Eriez® has announced three new hires in the company’s Sales Department. Craig Lorei, Christopher Ramsdell and Jayne Corey have all joined the Eriez team as Technical Sales Representatives.  Lorei, Ramsdell and Corey will report to Jeff Kaveney, Manager-Product Marketing and Administration. Lorei earned a Bachelor of Science degree in Marketing as well [...]

Balluff’s Explosion Proof Linear Transducer now has worldwide hazardous approval ratings

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Balluff’s Explosion Proof Linear Transducer now has worldwide hazardous approval ratings Florence, KY (February 23, 2012): Balluff’s Micropulse TA12 explosion-proof linear position transducer now has IECEx hazardous area approval rating, in addition to existing ATEX and North American approvals, expanding the acceptability for the Balluff TA12 transducer for worldwide use in applications where hazardous gases [...]

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