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Samsung increases stake in Rainbow Robotics, establishes Future Robotics Office

Robotics Business Review

Source: Rainbow Robotics Samsung Electronics Co. By exercising a call option to increase its stake, Samsung Electronics will be the largest shareholder in Rainbow Robotics, which will be incorporated as a subsidiary under Samsung’s consolidated financial statements. Samsung first acquired a 14.7%

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PRS Tool Changer from SMW Autoblok works with pneumatic grippers, C40 Inductive Coupler

Robotics Business Review

Source: SMW Electronics SMW Autoblok Group yesterday launched its new quick-change PRS Robotic Tool Changer line, which can be combined with a variety of pneumatic grippers and C40 Inductive Couplers for contactless, wear-free energy and signal transmission. An optional electronic signal interface module is available.

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Look Back at 2014 & 2015 “30 Under 30” Program

Fastener News Desk

The program ran in 2014 & 2015 and then it was put on pause as so many young fastener professionals had been recognized in those two years. SOURCE: FastenerBlog.net RELATED CONTENT: Industrial Supply Association Announces New 2024-2025 Board of Directors MDM’s 2024 Top Fastener Distributors List

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Partnerships Fuel Moldmaker’s Growth in Technology and Training

Mold Making Technology

Source | Versatile Mold and Design Could you tell us about Versatile Mold and Design’s history and current operations? Serves the electronics, medical, appliance, fluid power, marine, consumer products, construction, aerospace, automotive, electrical, mechanical, pharmaceutical and computer components industries. Heusser, Jr.:

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ABB expands robot production and training in Auburn Hills, Mich.

Robotics Business Review

Source: ABB ABB Ltd. Source ABB Customer Experience Center Bubnikovich said ABB’s new Customer Experience Center will “showcase its latest and greatest technologies.” ABB Robotics has invested $30 million in training since 2019 across four locations, opening its Auburn Hills manufacturing facility in 2015.

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POLYRACK TECH-GROUP Welcomes Legacy Brand VEROTEC:

i4.0 today

POLYRACK Electronic-Aufbausysteme GmbH has acquired a majority stake in VEROTEC Ltd, based in Hampshire, UK. About VEROTEC ( www.verotec.co.uk ) Verotec are specialists in the design, manufacture and integration of electronic enclosure products. We’re delighted to be part of a strong, family owned and independent group of companies.”

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All State Fastener Acquires Creative Assembly Systems

Fastener News Desk

ASF has been working in partnership with major OEMs in industries including Automotive, Heavy Truck, Truck Trailer, Heavy Equipment, Medical, and Electronics. With a commitment to quality and customer satisfaction, ASF holds several certifications, such as ISO 9001:2015, Ford Q1, and C-TPAT.