SpinDrive, a Finnish company providing active magnetic bearing (AMB) systems, has raised new growth funding. The company’s frictionless machinery products enable industrial end-users and original equipment manufacturers (OEMs) to achieve higher energy efficiency and productivity, while reducing operational emissions, maintenance costs, and pollution from oil-based lubricants.
Sulzer has begun the construction of an all-new 7,200 sq. ft. expansion to its Baton Rouge Service Center in Louisiana.