Latest Headlines
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Timken To Expand Motion-Control Platform, Capabilities With Acquisition Of CGI Inc
8/5/2024
The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, has agreed to acquire CGI Inc., a Nevada-based manufacturer of precision drive systems serving a broad range of automation markets with a concentration in medical robotics.
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Greenpowermonitor Introduces New Energy Management System For Enhanced Renewable Power Plant Control
7/29/2024
GreenPowerMonitor (GPM), a DNV company, has launched an advanced Energy Management System (EMS) designed specifically for renewable power plants. This new tool represents a significant leap forward in these facilities' operational efficiency, in sync with the global movement to increase renewable energy capacity.
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One Equity Partners Invests In Comau To Foster Greater Growth In The Italian Industrial Automation Leader
7/25/2024
Stellantis N.V., one of the world’s largest automakers and mobility providers, and One Equity Partners (“OEP”), a middle market private equity firm, today announced that OEP has signed a binding agreement to make a majority investment in Comau S.p.A. (“Comau”), a global technology company specializing in industrial automation and advanced robotics.
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ABB Technology Automates Giant Solar Energy Farm In Abu Dhabi
7/23/2024
The Al Dhafra PV2 Solar project in Abu Dhabi – for which ABB supplies automation and optimization power generation solutions – is now exporting 100 percent of its designed capacity onto the grid. Covering an area of 20 square km in the Al Dhafra region, located around 30 km south of Abu Dhabi City, the 2 GW plant uses four million solar modules to generate enough electricity for 200,000 homes across the UAE per year.
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Bosch Building Technologies Plans Further Growth In The Building Automation Sector
7/18/2024
Bosch Building Technologies plans to acquire DMS Digitale Mess- und Steuersysteme AG, headquartered in Ettlingen, Baden-Württemberg, Germany. DMS AG offers solutions and services in the areas of building, industrial, process and room automation as well as building and energy management.
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LG Accelerates Smart Factory Solutions Business Integrating AI With 66-Year Manufacturing Expertise
7/18/2024
LG Electronics (LG) is advancing its smart factory solutions business by integrating artificial intelligence (AI) and digital transformation (DX) with its extensive 66-year history of manufacturing and production expertise.
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Massimo To Launch New Automated Vehicle Assembly Robot Line At Texas Factory
7/17/2024
Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced the adoption of a new automated vehicle assembly robot line.
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Lear Completes Acquisition Of WIP Industrial Automation
7/17/2024
Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, has completed its acquisition of WIP Industrial Automation ("WIP"). Lear previously announced it had entered into a definitive agreement to acquire WIP on April 29, 2024.
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FANUC America Unveils New $110M Robotics And Automation Campus
7/10/2024
FANUC America, the global leader in robotics and automation systems, today officially unveiled its new 650,000 square foot West Campus facility in Auburn Hills, Michigan.
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Solara Automation Has Been Acquired By AAE To Expand Factory Automation Solutions And Manufacturing In The U.S.
7/9/2024
Solara Automation, located in Morrisville, NC, near Research Triangle Park, is thrilled to announce its acquisition by AAE, a leading, family-owned, high-tech machine and module manufacturer based in Helmond, The Netherlands.