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Control Engineering Career and Salary Survey, 2023

Control Engineering

Continuing manufacturing workforce shortages and the economy were cited as the biggest threats to manufacturing; threat of worker shortages was cited by 48% of respondents, down from 57% in 2022, but still up significantly from 37% in 2021. Leading automation technologies are helping resolve those issues.

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M&A market cools, but multiples still healthy

Plastics News

Mergers and acquisitions activity in plastics was strong in 2022, but below the record-setting pace of 2021, when the market saw huge growth as the pandemic eased and buyers worried about increases in capital gains taxes that never came. Senior Reporter Frank Esposito and Editor Don Loepp recap 2022 in our Feb.

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TRUMPF’s Revenue Reaches an All-time High of 5.4 Billion Euros, up by 27% Over Previous Year

Fabricating & Metal Work

billion euros (fiscal year 2021/22: 4.2 Fiscal year 2021/22: 5.6 www.trumpf.com Subscribe to learn the latest in manufacturing. In its centennial year, the TRUMPF Group generated considerable revenue growth. Based on preliminary calculations, revenue in the fiscal year 2022/23 (balance sheet date June 30, 2023) came in at 5.4

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Meta launches business verification program in Canada

Canadian Manufacturing

based social media giant will give subscribing companies a verification badge confirming their business is authentic and grant them access to proactive monitoring for impersonation. A 2021 survey of 1,001 people from the Centre for International Governance Innovation found 62 per cent of respondents had experienced online impersonation.

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An insider’s guide to Cisco Live 2022: don’t miss these top 7 IoT highlights

Cisco Industrial Automation

Look out for a Dallara AV-21 racecar that competed at the Indy Autonomous Challenge in October 2021. Subscribe to our newsletter to keep up with the latest Internet of Things trends and insights to help you succeed with your IoT deployments. 2 – Check out a Dallara AV-21 autonomous racecar.

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Dynabrade Acquires Global Abrasive Products

Fabricating & Metal Work

This is Dynabrade’s second acquisition in two years, having acquired high-tech production machine shop Manth Manufacturing in 2021. Subscribe to learn the latest in manufacturing. Customers of both companies will benefit from the combined industrial tool and abrasive product lines.”

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Platinum Tooling Names Twomey as a new Regional Sales Manager

Fabricating & Metal Work

Continuing his education in 2020, Twomey obtained his CPSP (Certified Professional Salesperson) certification and in 2021 obtained his CPSL (Certified Professional Sales Leader) certification through NASP (National Association of Sales Professionals). www.platinumtooling.com Subscribe to learn the latest in manufacturing.