AcBel Completes Acquisition of the Power Conversion Division of ABB July 10, 2023 AcBel Polytech Inc. has announced the successful completion of its acquisition of ABB Ltd’s Power Conversion division. The closing of the transaction follows the satisfaction of all conditions precedent, including CFIUS clearance. Power Conversion is based in Plano, Texas, USA, with manufacturing…
Mitsui High-tec (Canada), Inc.’s new Brantford facility will help build province’s EV supply chain June 29, 2023 The Ontario government is welcoming a $102.3 million investment by Mitsui High-tec (Canada), Inc. a manufacturer of motor cores, the basic structure of the motor used in electric vehicles (EVs). This investment, to expand the company’s Canadian operations,…
RS Group, the omni-channel industrial solutions provider consistently delivers innovative solutions and exceptional customer service while driving year-over-year (YOY) growth June 26, 2023 The omni-channel industrial solutions provider consistently delivers innovative solutions and exceptional customer service while driving year-over-year (YOY) growth. RS Group was announced by industrial automation solutions provider Omron Automation Americas as its…
June 22, 2023 Rockwell Automation, Inc., one of the world’s largest companies dedicated to industrial automation and digital transformation, has announced it has been recognized for achieving Maturity Level 4 of the globally recognized The International Electrotechnical Commission (IEC) 62443-4-1 industrial cybersecurity certification, the highest level. Certification of the Rockwell Automation SDL was performed independently by TÜV…
June 21, 2023 New fund is projected to help train more than 1,000,000 workers now and into the future The Ontario government is working for workers by investing $224 million to build and upgrade training centres and help tackle the province’s historic labour shortage. Applications for the new Skills Development Fund (SDF) Capital Stream open…
June 19, 2023 Japan’s Nidec Corporation and Brazil’s Embraer have announced an agreement to establish a joint venture company, called Nidec Aerospace LLC (hereunder “JV”), to develop Electric Propulsion Systems for the aerospace sector. The transaction combines the complementary synergies and distinct areas of expertise of two world-class engineering companies to spearhead a new era…
June 19, 2023 Festo’s plant in Monterrey, Mexico to reinforce supply chain Festo is investing $100 million to build a plant in Monterrey, Mexico to reinforce supply chain resilience for key products used in the Americas. It highlights the company’s “Local for Local” philosophy to position it closer to specific markets with great growth potential. …
June 9, 2023 Teledyne Gas and Flame Detection (Teledyne GFD) will showcase a range of innovative technologies at the NFPA (National Fire Protection Association) 2023 Expo in Las Vegas on June 19-21. NFPA is one of the world’s most important fire protection events and, in Booth 549, Teledyne GFD will present a range of innovative…
June 9, 2023 Teledyne Gas and Flame Detection, a global leader in gas and flame detection solutions, is pleased to announce the launch of its new website, featuring updated informational content and a user-friendly interface. The website is designed to provide an enhanced experience, including improved accessibility and mobile compatibility. It introduces new content on…
June 7, 2023 What challenges are machine builders and switch-gear system manufacturers facing in today’s global markets? How can the right course be set for efficient engineering at an early stage in the game? This year’s Eplan L!ve 2023 event on 21 June 2023 is providing distilled answers, highlights from the new version of the…
June 6, 2023 HPS is pleased to announce the appointment of Adrian Thomas as the Company’s next Chief Executive Officer, replacing Bill Hammond who will assume the position of Executive Chairman after 22 years as the CEO. Mr. Thomas will also be appointed to HPS’ Board of Directors. The announcement follows an extensive search process…
June 5, 2023 ABB to deliver an integrated bridge-to-propeller technology for Havfram Wind •ABB will supply two newbuild Havfram Wind NG20000X-HF Wind Turbine Installation Vessels (WTIVs) with a comprehensive bridge-to-propeller solution •ABB’s integrated power, control and propulsion technology to enable efficiency, safety and operational flexibility for the newbuilds •The advanced, future-proof and next generation WTIVs…
June 5, 2023 Nidec Corporation and Renesas Electronics Corporation have agreed to join forces on the development of semiconductor solutions for a next-generation E-Axle (X-in-1 system) that integrates an EV drive motor and power electronics for electric vehicles (EVs). Today’s EVs are increasingly adopting the 3-in-1 unit called E-Axle, which integrates a motor, inverter, and…
June 2, 2023 The FRABA Group, an internationally recognized leader in industrial position sensors and Wiegand technology, has reported a successful and eventful year in 2022. Overall sales were 45 million Euros ($49 million USD). While this number is lower than the 48 million Euros reported in 2021 (largely because of the divestiture of the…
May 31, 2023 ABB has introduced ABB Dynafin™, a new concept representing a revolutionary propulsion system breaking new ground for efficiency in the marine industry. Inspired by the dynamic motions of a whale’s tail, the innovative concept is the result of over a decade of research, development, and testing. ABB’s combined extensive experience and expertise…
May 11, 2023 ABB is collaborating with Lhyfe, a world pioneer in the production of renewable hydrogen, and Skyborn, a global leader in renewable energy, to jointly realize and optimize one of Europe’s most ambitious renewable hydrogen projects ever, SoutH2Port. The new hydrogen production plant, operated by Lhyfe and Skyborn, will be located in the…
This project is funded [in part] by the Government of Canada.
Ce projet est financé [en partie] par le gouvernement du Canada.
