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ABB and NIEDAX Group Announce the Completion of Their Joint Venture with the Incorporation of Abnex Inc.

November 4, 2024 ABB has completed its previously announced 50-50 joint venture with Niedax Group ABB has completed its previously announced 50-50 joint venture with Niedax Group. The Abnex Inc. joint venture will diversify solutions and drive opportunities in the growing North American cable management market. Integrating ABB’s Installation Products division’s engineering and manufacturing capabilities into Niedax Group will…

Ontario Building Fortress Am-Can to Power Economic Prosperity in Canada and the United States
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Premier Ford Calls for Stronger Economic Ties with U.S. ahead of this Week’s Elections

November 4, 2024 Premier Ford calls for stronger economic ties with U.S. ahead of this week’s elections. Premier Doug Ford issued the following statement on November 4, ahead of the United States elections on Tuesday, November 5: “As Americans prepare to vote in this week’s elections, it’s more important than ever to preserve and build…

ABB Research Shows Energy Efficiency Has Become the Decisive Factor in Electric Motor Choice for Businesses
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ABB Research Shows Energy Efficiency Has Become the Decisive Factor in Electric Motor Choice for Businesses

October 23, 2024 • Independent survey commissioned by ABB highlights the critical role that energy efficiency now plays in the sustainability agenda for global businesses with 91 percent saying this influences their choice of electric motors • 94 percent of companies surveyed are already investing, or planning to invest, in sustainability initiatives, and have adopted…

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Ontario Ready to Meet the Challenge of Soaring Energy Demand

October 22, 2024 Province prioritizing energy affordability for families and businesses as it plans for continued growth On October 22, the Ontario government released Ontario’s Affordable Energy Future: The Pressing Case for More Power, outlining the challenges facing the province as demand for energy continues to rapidly grow, as well as the province’s path to managing this…

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The Safety of Mobile Platforms is Part of the New Machinery Regulation

October 16, 2024 The safety of automated guided vehicle systems (AGVS) is regulated in the AGVS standard 3691-4 The safety of automated guided vehicle systems (AGVS) is regulated in the AGVS standard 3691-4. This has been continually adapted in the last few years. As the number of AGVS in production and logistics environments continues to rise, the…

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Ontario Supports Continued Safe Operation of Pickering Nuclear Generating Station

October 16, 2024 Canadian Nuclear Safety Commission approves continued safe operation of the station Stephen Lecce, Ontario’s Minister of Energy and Electrification, issued the following statement in response to the Canadian Nuclear Safety Commission’s approval for the continued safe operation of the Pickering Nuclear Generating Station’s “B” units through December 2026. “The data is clear,…

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Ontario Launches Next Phase of Life Sciences Strategy

October 16, 2024 Province investing an additional $146 million to establish Ontario as a global biomanufacturing and life sciences hub The Ontario government unveiled the next phase of its life sciences strategy, aimed at driving innovation, boosting investments and enhancing research to further solidify the province as a global leader in biomanufacturing and health sciences. This…

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Hammond Power Solutions Announces $56,957,490 Bought Deal Secondary Offering of Class A Subordinate Voting Shares

October 9, 2024 Hammond Power Solutions Inc. (TSX: HPS.A) (the “Company” or “HPS”) and 1000925271 Ontario Inc., a wholly-owned subsidiary of Arathorn Investments Inc., (the “Selling Shareholder”) announced on September 24, 2024, that they have entered into an agreement with Acumen Capital Finance Partners Limited and Canaccord Genuity Corp. (the “Co-Lead Underwriters”), pursuant to which…

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Hammond Power Solutions Closes $65.5 Million Bought Deal Secondary Offering

October 9, 2024 Hammond Power Solutions Inc. (“HPS” or the “Company”) (TSX: HPS.A) announced on September 27, 2024 that Chair of Board, Mr. William G. Hammond, through a company he controls, closed the sale of 500,000 Class A Subordinate Voting Shares at a price of $131.00 (the “Offering”) for gross proceeds of approximately $65.5 million….

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US Technology Leaders Tap NVIDIA AI Software to Transform World’s Industries

October 9, 2024 U.S. technology leaders tap NVIDIA AI software to transform industries worldwide NVIDIA has announced it is teaming with U.S. technology leaders to help organizations create custom AI applications and transform the world’s industries using the latest NVIDIA NIM™ Agent Blueprints and NVIDIA NeMo™ and NVIDIA NIM microservices. Across industries, technology organizations like AT&T, Lowe’s and the University…

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Bossard Showcases Advanced Fastening Technology at FABTECH 2024 in Orlando, Florida

September 30, 2024 Bossard Inc., a leader in industrial fastening and assembly technology solutions, announces a live demonstration of its innovative fastening technology at the 2024 FABTECH show in Orlando, Florida. Bossard’s Fastening Innovations: Enhancing production and manufacturing processes is crucial for success as we face a rapidly growing industry. However, challenges such as skilled…

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Universal Robots Updates Payload Capacity for UR20 and UR30

September 26, 2024 Enhancing the strength of high-payload cobots will boost throughput and productivity for customers. Universal Robots, the Danish collaborative robot (cobot) company, is now increasing the payload capacity on its new-generation, high-payload cobots UR20 and UR30, enabling customers to lift more at no additional cost. The updates raise the total payload, including end-effector, to 25 and…

HPS Introduces Expanded Mini Power Centre with 480V & 600V Primary Solutions
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Hammond Power Solutions Signs Definitive Agreement to Acquire Assets of Micron Industries Corporation

September 24, 2024 Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A), a leading manufacturer of dry-type transformers and power quality solutions, announced on September 23, 2024, that it has entered into a definitive agreement to acquire the assets relating to the operations of Micron Industries Corporation (“Micron Industries”), a company based in the United States. Micron…

Vention is proud to introduce its AI-enabled automation controller: MachineMotion AI.
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Entering the Post-PLC Era: Introducing MachineMotion AI

September 24, 2024 By Quinn Harker Vention is proud to introduce its AI-enabled automation controller: MachineMotion AI.  MachineMotion AI, powered by NVIDIA technology, is the first-of-its-kind AI-enabled automation controller. With its launch, Vention officially marks the beginning of the post-PLC era. Say goodbye to traditional custom-made control cabinets, manual integration with pigtail wires and terminal…

Festo Launches Rooftop Solar Project at Its North American Hub in Mason, Ohio
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Festo Launches Rooftop Solar Project at Its North American Hub in Mason, Ohio

Festo is launching a clean energy project at its North American Regional Service Center in Mason, OH, near Cincinnati. Roof-mounted solar panels on two of the three buildings will supply 48% of the facility’s electricity requirements – 2.6 million kilowatt hours (kWh) year round – when installation is completed next year. “Every kilowatt hour of electricity generated by sunlight at the Festo North American Regional Service Center is an additional kilowatt hour added to Duke Energy’s pool of electricity for local consumers and businesses,” said Jose Luis Esparza, Head of Non-Production Material Procurement, Festo North America.

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AI in Manufacturing: The Next Era

Manufacturing in AI is leading the way into the future; join and be a part of the next era September 13, 2024 Purpose. Barrett Centre For Technology Innovation.  Join the Barrett Centre for Technology Innovation and their consortium partners for an exiting exploration of AI’s impact on Manufacturing! Dive into the challenges and opportunities of…