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South Korean Shipbuilders Win $1.1 Billion in Orders
Major South Korean shipbuilders HD Hyundai, Hanwha Ocean and Samsung Heavy Industries secured a total of approximately $1.1 billion in new orders in a single day, it was reported.
The article explains that demand for LNG carriers and high-value vessels remains strong. It also states that demand for low-carbon, high-efficiency ships is growing due to stricter environmental regulations.
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AUTODATA Power Systems Research
Carlos Briganti, Managing Director South America Operations for Power Systems Research (PSR), participated in a major article on the future of diesel in trucks and buses in the March 2025 issue of AUTODATA magazine.
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Consumers, Professionals Boost Lawn & Garden Spending
NORTH AMERICA REPORT
Michael Aistrup Lawn and garden equipment manufacturers make powered lawn and garden equipment, primarily for household and business maintenance of lawns and gardens. Equipment manufactured by this industry includes lawn tractors, riding and standing mowers, hedge trimmers, leaf blowers, woodchippers and other machinery for maintaining lawns and gardens.
Industry Trends. Increased per household spending on lawn care and gardening services by the American family, younger individuals purchasing residential property, easing of COVID-19 restrictions and other factors like lawns adding to the aesthetic appeal of the residential property, is anticipated to bolster the DIY and commercial lawn care market.
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Welcome to the New Gilded Age
This forecast appeared in the September 2019 issue of Diesel Progress magazine.
SUMMARY. The underlying weak conditions in the global economic picture could put pressure on the North American power generation industry for the remainder of 2019 and through most of 2020. We forecast little or no growth for the industry through 2020.
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Booming North American Rental Market Offers Opportunity
This article appeared in the June 2017 issue of Compoundings Magazine, published by ILMA (Independent Lubricant Manufacturers Association)
If you didn’t hike through the nearly 3 million square feet of exhibit space at CONEXPO-CON/AGG in Las Vegas in March, you missed an opportunity to explore several new markets for lubricants.
And even if you were in Las Vegas, you might have missed two of the most promising growth opportunities for lubricants.…
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Small Engines Placing Big Demands on Lubes
This article appeared in the April 2017 issue of Compoundings Magazine, published by ILMA (Independent Lubricant Manufacturers Association)
Recently, off-road industrial and recreational vehicle engines have become increasingly larger and higher performing. The result is a demand for these once smaller engines in increasingly difficult situations, and performance demands placed upon engine lubricants used by off-road industrial and recreational…
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POWER SYSTEMS RESEARCH (PSR): Another in Our Series of EGSA Member Company Profiles
This article appeared in the July/August 2016 issue of Powerline Magazine, published by EGSA (Electrical Generating Systems Association)
This is the story of a 40-year-old company that carried on
and succeeded following the sudden and tragic death of its
Founder and President last year. Early in 2015, George Zirnhelt,
the dynamic and creative Founder and President of Power Systems
Research (PSR), passed away from injuries sustained in an
accident while vacationing in Mexico.The PSR global team rebounded from this loss, immediately
implementing a crisis operations plan and a management transition
program that were both already put in place. Instead of losing
ground, the company finished 2015 strong, by following through
on several strategic tasks that George had initiated and implemented
to position the company for future growth and expansion.Already in Q1, 2016 revenue was the best in more than a decade
– a sign that the company is moving forward despite tragic loss.
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