As of September 23, 2024, Havlik Gear is changing ownership. Wikov Industry a.s. has acquired Havlik Gear. Wikov is a strong group of companies producing high end gears, gearboxes and complete drives for industrial and turbo applications and for railway vehicles. The company name has changed to Wikov Gear Canada Inc.
The Timken Company, a global technology leader in engineered bearings and industrial motion, today appointed Tarak Mehta the company's president and CEO. Mehta was also elected to Timken's Board of Directors.
Effective October 1st, 2024, Alexander Steinacher will succeed Horst Rettenbacher as CFO at the long-established Austrian company. Rettenbacher has been a member of EMCO's management team since 2012 and, as CFO, played a key role in the machine tool manufacturer's growth to its current size. After handing over his responsibilities to his successor, Rettenbacher will take his well-deserved retirement.