Schaeffler, the motion technology company, and Swedish startup H2 Green Steel have decided to intensify their already close partnership. The two companies made the decision in the course of a recent equity funding round, in which Schaeffler agreed to invest a further 65 million euros, a significant increase that takes its total stake to 100 million euros. That’s the most equity Schaeffler has ever put into a minority stake in another company. As a strategic technology partner of H2 Green Steel, Schaeffler will channel its know-how into the development of new steel products, such as green e-steel for electromobility. In addition, the two companies will jointly develop new applications for the use of sustainable rolling bearing solutions in production. The aim is to maximize the efficiency of production through the use of first-rate components and integrated condition monitoring solutions. The two companies will also benefit from each other’s expertise in the areas of digitalization and circular economy.

Schaeffler introduced a Wind Power Standard for wind turbine bearings more than ten years ago, which considers the high demands on the reliability of turbines and associated components. This standard for products and processes ensures that wind turbine bearings are subject to the highest quality standards, as also implemented, for example, in the automotive industry, and in the aviation and aerospace sectors. The start of the year marked the manufacture and delivery of the millionth bearing by Schaeffler in accordance with the Wind Power Standard.

Responding to the agriculture industry’s growing need to increase farm productivity and harvest yields, global industrial and automotive supplier Schaeffler is launching its all-new Field Pro tillage hub in North America. Precision-engineered for maximum output and reliability, Schaeffler Field Pro is the direct-fit, easy-to-install solution that farmers need to help ensure a successful harvest.

Next-generation technology—everything from the electrification of vehicles to e-motors, bearings, mechatronics, and thermal management—was recently discussed during the Schaeffler Symposium 2022 in Detroit. 

For more than 30 years, the Schaeffler Symposium has stood for innovation, customer focus and the open exchange of ideas. The 12th Schaeffler Symposium, the ninth event of its kind to take place in the U.S., will be held in two venues this year: in Detroit on Sept. 8 and, for the first time ever, in Silicon Valley on Sept. 21-22. This year’s Symposium will focus on transformation and “Energizing the Next Generation.” 

At this year’s 12th Schaeffler Kolloquium, the automotive and industrial supplier is giving around 300 customers from Europe and beyond a close-up look at the latest technologies for the future of sustainable, efficient, and comfortable mobility. The two-day event, themed “Energizing the Next Generation,” puts the spotlight on innovations from Schaeffler’s electromobility, chassis systems, and hydrogen technology operations. Held every four years, the Schaeffler Kolloquium is a worldwide customer showcase. It kicks off in Bühl, Germany, where the Automotive Technologies division is headquartered, and will be followed in the course of the year by sister events in Detroit and San Jose (United States), Changsha (China), and Yokohama (Japan).

June 22 was Climate Action Day at all Schaeffler locations worldwide, from Herzogenaurach, Germany to Taicang, China, and from Port Elizabeth, South Africa to Fort Mill, USA. 

Hannover Messe 2022 focused on industrial transformation, driven by the digitalization of industry and the reduction of C02 emissions. Topics at this year’s event included data analytics, the Internet of Things, artificial intelligence and IT security. Companies like Voith, NORD, Beckhoff and others presented the latest products and technologies during the event.

Looking to improve the reliability, productivity and profitability of your manufacturing operations? In this informative white paper, learn how comprehensive condition monitoring can work economically using cutting-edge technologies – and how this can be accomplished with such ease that your entire maintenance team can implement this solution without possessing any prior specialized knowledge. 

The complete Product News section from the March 2022 issue of Power Transmission Engineering, including the latest from Eaton Cummins,  Schaeffler, Moog, GWJ Technology, Dana, SKF, Renewable Lubricants, Zero-Max, Bodine Electric, Hagglunds, Tolomatic and Isotech.