October 15, 2024 Siemens AG has successfully closed the sale of Innomotics to KPS Capital Partners, LP (“KPS”) for €3.5 billion (enterprise value). On May 16, 2024, the company had announced plans to sell this world-leading supplier of electric motors and large-drive systems to KPS. “I am delighted that the sale of Innomotics to KPS has…
October 11, 2024 By Krystie Johnston Hirebotics recently showcased their latest innovations at IMTS, including their Beacon platform which makes programming a cobot as easy as using a cell phone or tablet, and unveiled new features designed to enhance the capabilities of their Beacon-powered cobots. Empower the Metal Workers You Already Have Many automation solutions…
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…
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….
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…
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…
September 30, 2024 By Krystie Johnston Quality cables and connections for photovoltaic (PV) systems are critical to ensure safe and long-lasting setups. HELUKABEL has provided cables, wires, and accessories for infrastructure and energy applications for more than 45 years. Their comprehensive portfolio of products is trusted by manufacturers, installers, and operators of PV systems worldwide…
September 27, 2024 ANCA’s legacy of innovation is shaping the future of technology for lower cost, higher quality cutting tool production ANCA at IMTS not only celebrated five decades of innovation but 35 years of successful operations in the USA and exhibiting the first machine ever bought in the U.S., a refurbished TG4, was a…
September 27, 2024 Introducing sophisticated digital interface solutions that reduce development time and cost ANCA, a market leader in CNC grinding machines who is this year celebrating 50 years of innovation, and Tetralytix, a developer of simulation software for superior metal cutting technology, are pleased to announce their strategic collaboration in the field of virtual…
September 26, 2024 Nouveau Monde Graphite has awarded ABB a contract to supply, construct and commission the 120kV substation for its Phase-2 Matawinie Mine in the province of Quebec, Canada, as part of the construction preparation for the establishment of a 103,000 tons per annum graphite mining and concentrator complex. Located 120 km north of…
September 26, 2024 ABB has signed a Memorandum of Understanding (MoU) with EVE Energy Co., Ltd. (EVE), a global lithium battery cell manufacturer, to support the development of new, sustainable lithium battery factories in locations worldwide. The agreement, founded on EVE’s ‘Global Manufacturing, Global Delivery, Global Cooperation’ capability system, aims to improve efficiency, meet project…
September 26, 2024 ABB has signed a joint development agreement with US company Energy Control Technologies (ECT) to co-design and deliver an integrated turbomachinery controls solution which can be configured, operated and maintained within the ABB Ability™ System 800xA® distributed control system (DCS). The ABB-ECT Integrated Compressor Controls (ICC) with Integrated Control Safety System (ICSS) offers…
September 26, 2024 Teradyne Robotics, a division of Teradyne, Inc. (NASDAQ:TER) and global leader in advanced robotics solutions, is jointly developing a robotics showcase at MxD (Manufacturing x Digital) with Siemens, a global leader in industrial automation hardware and software. The collaboration will be showcased at MxD innovation center in Chicago, IL, a non-profit organization serving as a hub…
September 26, 2024 Endress+Hauser is one of the world’s best companies in 2024. The specialist for measurement technology and automation solutions is listed in the prestigious World’s Best Companies ranking, which is published annually by the US news magazine Time and Statista, an online platform for statistics. The award emphasizes Endress+Hauser’s commitment to sustainable growth,…
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…
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…
This project is funded [in part] by the Government of Canada.
Ce projet est financé [en partie] par le gouvernement du Canada.
