Fastener News Desk

JANUARY 12, 2023

The Würth Group, the global market leader in the development, production and sale of assembly and fastening materials, once again proved its competitive strength and stability in the 2022 fiscal year: The globally operating Group based in Künzelsau, Germany achieved new record results. billion in the 2022 fiscal year. Content Source:

Electronics 52

Electronics Bottleneck Supply Chain Logistics 52

Fastener News Desk

SEPTEMBER 22, 2022

Q2 2022 Revenues of $429 million, up 22% from Q2 2021. Q2 2022 GAAP EPS of $0.08 YTD 2022 Revenues of $847 million, up 19% from YTD 2021. NASDAQ: PKOH) today announced its results for the second quarter of 2022. million in the second quarter of 2022, an increase of 22% from $350.0 Net sales were $428.6

Supply Chain 52

Supply Chain Automotive Logistics Aerospace 52

Robotics Business Review

FEBRUARY 15, 2024

Source: IFR The International Federation of Robotics, or IFR, today listed its picks for the top five global robotics trends of this year. million units in 2022. million units in 2022. In its latest release , the federation cited some different trends than it had for 2022 and 2023. million (U.S.),

Robotics 119

Robotics Robotics Artificial Intelligence Automotive 119

Frost & Sullivan Manufacturing

JUNE 16, 2022

End-of-life business models view value extraction from used batteries through two lenses: one, recycling for material recovery, and two, reuse in automotive and energy storage applications. In short, it will underpin comprehensive, long-term sustainability across the xEV environment.

Automotive 52

Automotive Value chain Supply Chain Logistics 52

Fastener News Desk

JULY 7, 2023

This business area of CSS generated sales of USD 15 million in 2022 with about 20 employees. About SFS Group SFS is a worldwide leading supplier of precision components and assemblies, mechanical fastening systems, quality tools and logistics solutions. Since it was founded in 1985, Connective Systems & Supply, Inc.

Logistics 52

Logistics Supply Chain Electronics Automotive 52

Dinesh Mishra

JANUARY 2, 2023

Kishore Jayaraman, President, Rolls-Royce, India & South Asia When: Friday, 9 th December 2022 Aerospace Industry Leader on Green Technologies. At 2022’s Egypt conference, signatories affirmed the pledge. When: Saturday, 10th December 2022. When: Monday, 12 December 2022. degrees Celsius above preindustrial levels.

Aerospace 52

Aerospace Manufacturing Point of use Artificial Intelligence 52

Fastener News Desk

SEPTEMBER 29, 2022

Residential construction and automotive manufacturing have shown weakness as buyers take a wait-and-see approach. Some subsectors of industrial services have experienced depressed valuations as they struggle with cyclicality, inflation and supply chain shortages, sources tell Mergers & Acquisitions. It’s about supply and demand.

Supply Chain 52

Supply Chain Logistics Automotive Sourcing 52

Robotics Business Review

DECEMBER 26, 2023

We covered 25 acquisitions in 2023, which was down significantly from the 50 we covered in 2022. Here’s a look back at the notable acquisitions of 2022 and 2021. Note that there’s one major acquisition still pending from 2022. Amazon announced in August 2022 its intent to acquire iRobot for $1.7

Robotics 114

Robotics Robotics Logistics Automation 114

Robotics Business Review

JUNE 3, 2024

Source: Adapta Robotics Starting a robotics company is always challenging, as inventors and entrepreneurs scramble to get access to capital and tap the local talent pool. In 2022, Adapta became an independent brand. ” Then, we slowly saw similar needs in other industries like automotive manufacturing.

Robotics 92

Robotics Robotics Automotive Sourcing 92

Robotics Business Review

APRIL 17, 2024

To continue pure research, Hyundai founded the Boston Dynamics AI Institute in 2022. Source: Boston Dynamics “Everything we understood, from the time of launching Spot as a prototype to it being a reliable product deployed in fleets, is going into the new Atlas,” Playter said. ” Atlas is humanoid — to a point.

Robotics 123

Robotics Robotics Artificial Intelligence Automotive 123

Fastener News Desk

DECEMBER 7, 2022

Zug, November 29, 2022. The company supplies industrial segments such as automotive, energy, agriculture, and appliances with innovative fastening solutions, and generates annual sales of around USD 25 million with 30 employees. and logistic services. Content Source: RELATED CONTENT: The Bossard Group has acquired Jeveka.

Logistics 52

Logistics Industry 4.0 Industry 4.0 Automotive 52

Fastener News Desk

JULY 7, 2023

The acquisition is an important part of Bulten’s strategy, which aims for growth outside of the company’s primary customer group of automotive, and to improve risk diversification, as well as margins. Net sales in 2022 totaled SEK 4,474 million. The aim is for these to account for at least 20% of sales by 2025.

Electronics 52

Electronics Automotive Sourcing Logistics 52

Manufacturer's Monthly

NOVEMBER 29, 2022

At the Perth launch in October, 2022 Richard Elving, Markforged’s senior director for Asia Pacific, said the parlous state of global logistics made it imperative for Australian manufacturers to become more self-sufficient. The benefits of thinking outside the traditional manufacturing box can be seen all around the world.

Manufacturing 87

Manufacturing 3D printing Supply Chain Prototype  87

Canadian Manufacturing

OCTOBER 24, 2022

RTT is expected to offer spodumene producers a single off-take option by providing feedstock to Rock Tech, which intends to supply lithium to customers in the European automotive sector. ” RTT will be a 50/50 joint venture company to be based in Geneva, Switzerland, which is expected to be formed end 2022.

Form 45

Form Supply Chain Compliance Sourcing 45

Frost & Sullivan Manufacturing

AUGUST 30, 2022

As many companies globally commit to net-zero and science-based targets, the industry’s focus is gradually shifting from responsible sourcing, onsite recycling, and alternative energy solutions to tackling emission reduction across the value chain.

Value chain 52

Value chain Supply Chain Logistics Consumer Goods 52

Fabricating & Metal Work

OCTOBER 2, 2022

Don’t miss the chance to be inspired by industry experts, suppliers and your peers in the metal forming, fabricating, welding and finishing sectors at FABTECH 2022. Show floor admission is complimentary if you register before November 4, 2022. FABTECH is North America’s largest metal forming, fabricating, welding and finishing event.

Automation 52

Automation Form Robotics Robotics 52

Robotics Business Review

APRIL 12, 2024

or Sanctuary AI, is entering a new strategic partnership with automotive components supplier Magna International Inc. Aurora, Ontario-based Magna has been an investor in Sanctuary AI since 2021, and it acquired autonomous vehicle startup Optimus Ride in 2022. The company acquired the latest assets from Giant.AI and Tangible Research.

Robotics 110

Robotics Robotics Artificial Intelligence Manufacturing 110

AU Manufacturing

NOVEMBER 24, 2022

At the Perth launch in October 2022 Richard Elving, Markforged’s Senior Director, Asia Pacific, said the parlous state of global logistics made it imperative for Australian manufacturers to become more self-sufficient. . The benefits of thinking outside the traditional manufacturing box can be seen all around the world.

Supply Chain 69

Supply Chain Manufacturing 3D printing Prototype  69

HGR Inc.

NOVEMBER 11, 2022

Paul Wiseman | Nov 10, 2022 | IEN. Bill Koenig | Nov 10, 2022 | SME. Respondents were in industries including machinery, electrical equipment, aerospace, and automotive. Manufacturing Tomorrow | Nov 9, 2022 | Manufacturing Tomorrow. Ryan Secard | Nov 4, 2022 | Industry Week. Consumer Inflation Eased to 7.7%

Manufacturing 79

Manufacturing Supply Chain Artificial Intelligence Electronics 79

Robotics Business Review

JANUARY 2, 2024

Source: LinkedIn As The Robot Report reported last October, one of the biggest autotech stories of the year was the stalling of Cruise after California’s Department of Motor Vehicles suspended its driverless testing license. We’ve done many pilots both in automotive, as well as the commercial space,” she said.

Robotics 91

Robotics Robotics Sourcing Fit 91

i4.0 today

MAY 25, 2023

We help companies of all sizes and sectors – from automotive to electronics and logistics – become more resilient, flexible and efficient. ABB Robotics & Discrete Automation supports customers in the transition towards the connected and collaborative factory of the future.

Robotics 52

Robotics Robotics Automation 3D printing 52

Plastics News

JANUARY 27, 2023

That drop came from a 1-cent downward move for polymer-grade propylene feedstock and from buyers taking back 3 cents in margin, according to market sources contacted by Plastics News. Regional PP prices finished 2022 with a net decline of 42 cents. Regional PVC prices finished 2022 down a net of 31 cents. near Pittsburgh.

Sourcing 40

Sourcing Freight Beverage Logistics 40

Robotics Business Review

JANUARY 4, 2024

Source: Adobe Stock 2023 was a year of great change within the robotics industry. ” Robots get out of the warehouse and into new roles Robots have come a long way from being used almost exclusively for automotive manufacturing. 2024 could be a year of building robotics momentum.

Robotics 140

Robotics Robotics Artificial Intelligence Logistics 140

Robotics Business Review

JUNE 2, 2024

| Credit: Foxconn Intrinsic using Isaac Manipulator to simulate robot gripping Alphabet software and AI robotics subsidiary Intrinsic, which purchased Open Source Robotics Corporation in late 2022 , tested Isaac Manipulator on its robot-agnostic software platform.

Robotics 92

Robotics Robotics Artificial Intelligence Electronics 92

Control Engineering

SEPTEMBER 9, 2023

from 2022, with demand coming from a variety of industries including retail, healthcare, food and beverage, automotive and logistics. In fact, by 2025 5G connections in North America are expected to grow to 410 million, said Statista [with around 200 million in 2023, according to multiple sources].

Manufacturing 40

Manufacturing Beverage Logistics Automotive 40

Fastener News Desk

MARCH 30, 2023

The distribution and manufacturing center is the newest in a series of expansions by Shannon Precision Fastener, which manufactures precision engineered fasteners primarily for automotive OEM’s that include powertrain, chassis, and safety critical applications.

Aerospace 52

Aerospace Automotive Logistics Manufacturing 52

Frost & Sullivan Manufacturing

JUNE 5, 2023

The convergence trend started in 2022 and is projected to continue over the next 2 to 3 years. Last-mile delivery fleets are open to exploring innovative financing business models, such as leasing and subscription, with many preferring to use e2Ws for their logistics operations.

Artificial Intelligence 52

Artificial Intelligence Sourcing Logistics Automotive 52

Dinesh Mishra

DECEMBER 28, 2022

The International Energy Agency (IEA) estimates that the EV sales will hit an all-time high in 2022. Ltd); Kapila Sandeep Soni, Managing Director, Croyance Automotive; Amit Lakhotia, Founder & CEO, Park+; and Rahul Bollini, Head-Emerging Technologies, JLNPhenix Energy. India’s EV story is no less riveting.

Automotive 52

Automotive Supply Chain Sourcing Manufacturing 52

Dinesh Mishra

SEPTEMBER 19, 2022

Hrishikesh Kulkarni, COO, Zimmer India and DMI Influencer 2022 shares his company’s vision and contribution toward the growth of the industry. We see ourselves not only as a technological leader and a manufacturer of hardware and software from a single source, but also as a competent partner in research and development.

Robotics 52

Robotics Robotics Automation Consumer Goods 52

Fastener News Desk

APRIL 18, 2023

Since 2022, the Würth brand has been featured at the international matches of the German men’s national team, the women’s national team, and the U21 team. Soccer: Würth is an official partner of the German Football Association (DFB). www.fastenal.com.

Supply Chain 69

Supply Chain Fit Warehousing Manufacturing 69

E&T

DECEMBER 5, 2022

Bloomberg New Energy Finance (BloombergNEF) said the 2021 price came down to $132/kWh but would likely rise again in 2022 because the raw materials became more expensive. It is even possible that changes in legislation mean some of those ships being built today will wind up with a different power source within a couple of decades.

Logistics 75

Logistics Robotics Robotics Cargo 75

Dinesh Mishra

JANUARY 30, 2023

In this issue, we feature actionable insights from industry leaders on top growth opportunities and their offerings for this year’s biggest industry event The global Metal Cutting Machine Tools (MCMT) market size was valued at USD 76 billion in 2022, projected to grow at a CAGR of 4.8 Aerospace industry is also showing a greater demand.

Industry 4.0 52

Industry 4.0 Industry 4.0 Aerospace Automotive 52

Fastener News Desk

APRIL 2, 2023

For fiscal year ended October 31, 2022, Hisco generated sales in excess of $400 million and adjusted EBITDA of approximately $29 million. (1) Hisco also offers vendor-managed inventory and RFID programs with specialized warehousing for chemical management, logistics services and cold storage.

Electronics 52

Electronics Supply Chain Warehousing Aerospace 52

Fastener News Desk

OCTOBER 26, 2022

October 17th, 2022. Then as we were evaluating where we were on our digital journey, we had just launched an ERP transformation, it really became about a single source of truth being the platform for all of our change. We talked about this single source of truth earlier. We secured that by looking at all local sourcing.

Supply Chain 52

Supply Chain Bill of Materials Sourcing Manufacturing 52

Foley

JULY 11, 2023

While these two trends are common across many industries, perhaps nowhere are they more pronounced than in the automotive industry. Beyond the automotive industry, even the most basic household appliances are now wireless and connected. New companies may have limited resources and expertise necessary to overcome hurdles that may arise.

Manufacturing 40

Manufacturing Compliance Supply Chain Form 40

Frost & Sullivan Manufacturing

JANUARY 10, 2024

Brakes India is a leading automotive component supplier both to the domestic Indian market and to global markets. How has the automotive and the allied auto components sector, both in India and globally, transformed over the last couple of years? disruption in the automotive industry. There is massive C.A.S.E

Automotive 52

Automotive Supply Chain Manufacturing Logistics 52

Fabricating & Metal Work

OCTOBER 4, 2022

In 2022, FANUC expanded its popular series of CRX collaborative robots with the new CRX-5 i A, CRX-20 i A/L and CRX-25 i A. FANUC’s new M-800 i A/60 high-accuracy robot equipped with an LS3D i -A Scanner will pass over an automotive panel to perform laser welds on coupons. Extraction Power for Multiple Stations in a Compact Footprint.

Robotics 52

Robotics Robotics Automation Fit 52