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December 2002
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430km/h maglev train lifts off in China
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Bosch Rexroth reveals next generation of drives
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French scheme defines levels of service
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In brief
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Japanese chain plant is `largest and most efficient`
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Schneider joins forces with WEG
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November 2002
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$415m Fasco sale completes Invensys` disposals
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Dover joins Danaher`s motion portfolio
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European gears and motors market has `scope for growth`
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GE Fanuc snaps up Intellution from Emerson
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Hathaway becomes Allied Motion
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In Brief
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Pricing drives the $160m HVAC market
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Shell-shocked ABB regroups
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Vacon to build drives for Rockwell
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October 2002
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Timken buys Torrington from IR for $840m
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`Turbulent` PLC market worries suppliers
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September 2002
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American drives market is bouncing back
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Canadians snap up pioneering UK hydraulic technology
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Danaher buys Thomson Industries for $165m
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Europe`s motor buyers adopt Eff2 but spurn Eff1
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In brief
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Sick adds Stegmann to its portfolio
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US controls sales start to rebound
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August 2002
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Adept takes control at MetaControls
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Bosch Rexroth signs deal with Japanese pneumatics giant
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Fluke recalls 40,000 multimeters
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Newport to axe up to 275 jobs
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US motion controls market shrinks by 17.5%
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July 2002
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European drives-makers will see material benefits
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FAG buys French high-tech bearing maker, SNFA
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Hathaway buys Motor Products for $11.8m
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In Brief
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Rockwell gears up for mechanical extensions
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£10m motor plant wil be Europe`s `first for five years`
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June 2002
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Fieldbus costs still deter users
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Invensys sells CompAir for £1
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Rexroth forms servo JV with Panasonic
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Siemens axes 7,000 jobs from I&S group
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WEG buys its first European motor plant
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May 2002
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ABB`s Drewery retires, Karvinen leaves
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Lower costs will boost demand for built-in PLCs
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Rockwell buys Samsung`s controls business
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Rockwell targets emerging `integrated motion` market
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Vacon`s new drive targets the volume market
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WEG strives to become World number one
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April 2002
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ABB hopes tiny drives will win bigger slice of global market
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Danaher wins auction for IDC`s assets
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Dutch-Israeli deal has minuscule benefits
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Ford signs global deal with GE Fanuc
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It`s goodbye to Bosch, Indramat, Mecman and Star
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Parker bids for servo dominance through Animatics alliance
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March 2002
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ABB accelerates its Industrial IT programme
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British Government backs UK zone at Hannover Fair
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Fuji invests $4m to develop LonWorks
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North American drives sales slump by more than 10%
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Siemens shuts its £30m Vertacross portal
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February 2002
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D-Tech gives Bayside the missing piece of the jigsaw
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Franklin splashes out on Italy`s Coverco
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Rockwell goes on a German shopping spree
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SKF buys its way into second actuator slot
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January 2002
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Circuit breaker flaw could cause injuries or fires
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Emerson Electric to shut 50 plants
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Festo expands despite a shrinking market
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First licencing deal gives Chorus motor a lift
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Nyquist and Maxon combine PC and servo technologies
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Parker buys Italian hose-maker for $68m
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PC-based control sales `growing at 24% a year`
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Sauer-Danfoss buys Thrige`s LV motors business
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