Bearing shortage

4th Quarter 2011 News & events

According to Bearings 2000, OEMs must prepare for a significant shortage of bearings within the next 12 months and should adjust their orders accordingly.

“Industrial operations in South Africa face the possibility of longer turnaround times,” says Bearings 2000 director, Nick Stamatiadis. “Lead times may be as long as two years, even for standard stock items. The shortage is not unique to South Africa and has occurred as a result of complications in the international market after the 2008 economic crisis.”

To avoid unnecessary delays for its customers, Bearings 2000 is already increasing its order quantities. Many sizes are now being ordered up to 18 months in advance, as opposed to the traditional period of three to six months, and the company’s stockholding has doubled over the past 14 months. However it is anticipated that by the middle of 2012 there will be significant shortages of certain sizes.

Stamatiadis adds that if the shortage becomes a major issue it might have the secondary effect of promoting fake bearings in the import market. Customers should be vigilant and bear in mind that all reputable brands represented locally come with a free service to verify their authenticity and identify any counterfeits.

Bearings 2000 sources its stock through official channels and is an established distributor of the well known FAG brand of precision rolling bearings for the automotive, mechanical engineering and aerospace industries. With an inventory of over 10 000 product lines and a stock value in excess of R22 million, the company is able to provide a comprehensive supply solution for all bearing and power transmission component needs.

For more information contact Michael Stamatiadis, Bearings 2000, +27 (0)11 573 7800, [email protected], www.brg2k.co.za

Further reading:

Innomotics certified for innovative mine winder braking system
News & events
Innomotics has achieved SIL 3 certification for the COBRA 02 S braking system for mine winder installations, together with OLKO-Maschinentechnik.

Read more...

---

BMG backs emerging driver talent in South African motorsport
Bearing Man Group T/A BMG News & events
BMG has reaffirmed its commitment to local talent development through its sponsorship of Karabo Malemela, a driver on the Pablo Clark Racing Development Company’s motorsport development programme.

Read more...

---

Parker Hannifin brings advanced motion technologies to the World RX
Parker Hannifin - Sales Company South Africa News & events
Parker Hannifin is back on the FIA World Rallycross Championship grid to push the limits of sustainable performance in one of motorsport’s toughest arenas.

Read more...

---

Prestigious award recognises inventiveness and entrepreneurial courage
Beckhoff Automation News & events
Hans Beckhoff, managing director, owner and founder of Beckhoff Automation, was recently honoured with the widely acclaimed Rudolf Diesel Medal 2025. This medal honours him as a visionary pioneer in automation technology.

Read more...

---

Epiroc rocks youth development programmes
News & events
Epiroc is not just building equipment - it’s building futures. Through its dynamic internship and learner programmes, the mining equipment and services specialist is shaping South Africa’s next generation of skilled professionals, equipping them with real-world experience, industry knowledge and the confidence to launch successful careers.

Read more...

---

RS South Africa showcases industrial solutions at MTE Phalaborwa
RS South Africa News & events
RS South Africa recently showcased its latest industrial and electronic solutions at the Mining and Technical Exhibition in Phalaborwa in Limpopo.

Read more...

---

LH Marthinusen launches new industrial fan manufacturing and services factory
News & events
LH Marthinusen has launched its new industrial fan manufacturing and services factory in Ekurhuleni. THis is a major milestone for South African energy infrastructure growth.

Read more...

---

Building skills and sharing knowledge for growth in Africa
SEW-EURODRIVE News & events
As a leading provider of drive and automation solutions across the continent, SEW-EURODRIVE recognises that local insight and on-the-ground capability are critical to delivering effective sustainable results. The company continues to invest in people development and technical training within its network of African subsidiaries and partners, supporting the long-term growth of its customers and the broader industrial ecosystem.

Read more...

---

Schneider Electric drives innovation in Africa
Schneider Electric South Africa News & events
Schneider Electric has officially launched its first Innovation Hub on the African continent, coinciding with the opening of its new regional headquarters in Midrand, South Africa.

Read more...

---

From the editor's desk: Riding the hype cycle
Technews Publishing News & events
The other day, I came across an entertaining article on the ten biggest tech failures of the last decade. Google Glass, 3D TVs and Elon Musk’s hyperloop have all faded into obscurity. Others, like the ...

Read more...

---