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FPT Industrial Shows Its Determination in The Quest for Carbon Neutrality

October 21, 2024 FPT Industrial, the Iveco Group brand dedicated to the design, production, and sale of low-environmental impact powertrains, is taking its commitment to sustainability and carbon neutrality to the next level. Conscious of the responsibilities deriving from being a leading manufacturer of engines, the Brand has decided to take the path of sustainability…

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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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Siemens Successfully Closes Sale of Innomotics to KPS Capital Partners

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…

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Hirebotics Marks Major Milestones at IMTS 2024 

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…

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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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HELUKABEL’s Quality Connections for Photovoltaic Solar Energy

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…

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ANCA Marks Milestone Anniversary at IMTS with Debut of Next-Generation Technologies

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…

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ANCA and Tetralytix Announce Strategic Partnership for Virtual Cutting Tool Design

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…

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Nouveau Monde Graphite Selects ABB to Power Up Operations at its Matawinie Mine in Canada

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…

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ABB Signs MoU with EVE Energy to Support Sustainable Greenfield Battery Manufacturing Globally

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…

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ABB Partners With Energy Control Technologies to Design Integrated Turbomachinery Controls Solution

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…

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Teradyne Robotics and Siemens Announce a Strategic Collaboration for The Siemens Experience Center at MxD to Showcase the Future of Automation in The U.S.

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…

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Endress+Hauser Among the World’s Best Companies 2024

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,…