Plastics News

FEBRUARY 9, 2023

Regional PET bottle resin prices also were up 2 cents for the month, according to market sources contacted by Plastics News. Although demand was down in the second half of 2022, PE makers were able to hold prices flat by reducing production and increasing the amount exported from North America. billion pounds in 2022.

Sourcing 98

Sourcing Freight Beverage Logistics 98

Robotics Business Review

MAY 7, 2024

Source: Doosan Robotics Doosan Robotics Inc. ” The South Korean-based cobot manufacturer said its robots can work in several industries, including manufacturing, logistics, food and beverage, architecture, filmmaking, service sectors, and medicine. This has enhanced its global market share by 72%.

Robotics 101

Robotics Robotics Artificial Intelligence Beverage 101

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

MARCH 19, 2024

Source: Mobile Industrial Robots Autonomous mobile robots, or AMRs, are among the systems benefitting from the latest advances in artificial intelligence. Teradyne had acquired Mobile Industrial Robots in 2022. NVIDIA provided new AI capabilities for the MiR1200 Pallet Jack. million images, according to Kumar.

Robotics 120

Robotics Robotics Artificial Intelligence Sourcing 120

Automation Mag

NOVEMBER 13, 2023

OPC UA shared in a press statement that its board of directors established a working group to ensure it is well-suited for Metaverse use cases after Dr. Holger Kenn of Microsoft discussed the need for a standardized Metaverse solution in October 2022.

Automation 89

Automation Logistics Sourcing Manufacturing 89

Fastener News Desk

OCTOBER 13, 2023

In his new role, he will oversee supply chain, compliance, supplier development, content, property management, eCommerce, supply to fulfillment distribution, and logistics operations of the Company. Mr. Broersma previously served as our Senior Vice President-Operations of the Company from June 2022 to October 2023.

Supply Chain 52

Supply Chain Compliance Logistics Sourcing 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

Robotics Business Review

APRIL 16, 2024

Source: Locus Robotics Locus Robotics Corp. Locus serves the retail, healthcare, manufacturing, and third-party logistics (3PL) industries and offers a robotics-as-a-service ( RaaS ) model. This is a 66% increase compared with the 2022 peak holiday season. In all of 2023, Locus picked a total of 1.2

Robotics 109

Robotics Robotics Supply Chain Logistics 109

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 115

Robotics Robotics Logistics Automation 115

Robotics Business Review

APRIL 10, 2024

Source: Adobe Stock, Photoshopped by The Robot Report Collaborative Robotics today closed a $100 million Series B round on the road to commercializing its autonomous mobile manipulator. Brad Porter, a former distinguished engineer and vice president of robotics at Amazon, founded Collaborative Robotics in 2022. The Santa Clara, Calif.-based

Robotics 102

Robotics Robotics Supply Chain Bill of Materials 102

Robotics Business Review

DECEMBER 28, 2023

In September, Tesla showed its Optimus, which it originally announced in 2022, moving in new ways, and in December, it demonstrated Gen 2’s dexterity. While some companies, such as Sanctuary AI, claimed to be building “general-purpose” robots, most are starting with logistics applications.

Robotics 120

Robotics Robotics Artificial Intelligence Logistics 120

Plastics News

MARCH 24, 2023

PP prices were down 4 cents in December and down a net of 42 cents for full-year 2022. Regional PVC prices finished 2022 down a net of 31 cents. That number essentially was flat vs. December but down more than 27 percent vs. the same month in 2022. Prices for all grades of PE were down a net of 2 cents for full-year 2022.

Sourcing 108

Sourcing Freight Beverage Logistics 108

Factory Worx

AUGUST 3, 2022

They then utilise analytics to overlay that data over historical information and other outside data sources (accessible in the cloud) to compare it to performance indicators. You can get an idea of the big picture by including customers, logistics, warehousing, and production. August 3, 2022. July 27, 2022. July 20, 2022.

Industry 4.0 105

Industry 4.0 Industry 4.0 Artificial Intelligence Logistics 105

Robotics Business Review

JANUARY 19, 2024

Source: Figure AI The interest in humanoid robots continues to gain steam. This is an impressive milestone for Figure, which was founded in 2022 and exited stealth in early 2023. BMW plans to see what a Figure 01 humanoid robot can do in its factory. Sunnyvale, Calif.-based

Automotive 121

Automotive Robotics Robotics Logistics 121

Manufacturer's Monthly

NOVEMBER 21, 2022

According to the Australian Bureau of Statistics (ABS), more than a third of all businesses experienced supply chain disruptions in February 2022. Manufacturers have had to rapidly reassess and pivot to new sources of supply to ensure greater resilience in their supply chains and reduce excessive capital-intensive inventories.

3D printing 112

3D printing Supply Chain Computer-Aided Design (CAD) Bottleneck 112

Fastener News Desk

SEPTEMBER 29, 2022

Some subsectors of industrial services have experienced depressed valuations as they struggle with cyclicality, inflation and supply chain shortages, sources tell Mergers & Acquisitions. Some subsectors like logistics and packaging remain strong. Industrial dealflow is down “slightly” from the past few years, Andreozzi says.

Supply Chain 52

Supply Chain Logistics Automotive Sourcing 52

SMMT

FEBRUARY 29, 2024

As greater numbers of zero emission HGVs come to market, some logistics companies still planning to make the change are finding that using Hydrotreated Vegetable Oil (HVO) is playing a useful role in helping them decarbonise. Ian Hicks, Menzies Head of Operations, said Ball Packaging is the launch customer of HVO for the logistics operator.

Freight 52

Freight Logistics Supply Chain Warehousing 52

AU Manufacturing

NOVEMBER 6, 2022

In the chemical industry where products often date back to the 1960s and are dangerous for people or the environment, Envirofluid is an innovator, making safer products that save companies millions in logistics costs. . It is such an honour to receive these significant Awards.

Manufacturing 86

Manufacturing Compliance Logistics Lead Time 86

i4.0 today

OCTOBER 26, 2023

According to the database of IDTechEx, cumulative investments for delivery vans have skyrocketed a 653-fold from 2015 to 2022. Source: IDTechEx In addition to the technologies and regulations, IDTechEx also delves into the choice of items delivered. altitude, buildings nearby, etc.), Ground-based vehicles and drone chart.

Robotics 52

Robotics Robotics Warehousing Logistics 52

Robotics Business Review

JANUARY 24, 2024

Source: Adobe Stock The Advanced Robotics for Manufacturing, or ARM, Institute today announced that the continuation of its cooperative agreement with the U.S. After a review by Joint Defense Manufacturing Council (JDMC) in 2022, the DoD began working on the terms to extend the agreement.

Artificial Intelligence 110

Artificial Intelligence Manufacturing Robotics Robotics 110

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.

Robotics 120

Robotics Robotics Artificial Intelligence Automotive 120

Canadian Manufacturing

JANUARY 17, 2024

The project began in 2022 as the first initiative in Teralta’s international waste hydrogen strategy involving the development of utility-scale low-carbon hydrogen for industrial operations. When Teralta approached us, regarding this project, it was a natural fit,” said Scott Rook, President and CEO for Chemtrade Logistics.

Sourcing 49

Sourcing Logistics Fit Supply Chain 49

Fastener News Desk

JANUARY 18, 2023

DENVER–(BUSINESS WIRE)–From new consumer buying patterns to dramatically higher costs for fuel and labor, truckload freight professionals faced fresh challenges in 2022 that have led to a more measured, data-driven approach to 2023, according to a new annual report published by DAT Freight & Analytics. Annabel Reeves.

Freight 52

Freight Supply Chain Sourcing Benchmarking 52

Additive Manufacturing

OCTOBER 27, 2022

Mannheim, Germany/October 26, 2022 — Replique announced that Nikolas “Nick” Dinges has joined the company as Chief Technology Officer. At Hitchhiker he coordinated the development of a platform designed to manage bookings with hundreds of data sources, active in more than 25 countries.

3D printing 52

3D printing Supply Chain Logistics Additive manufacturing 52

Robotics Business Review

JANUARY 11, 2024

Source: 1X Technologies Humanoids and artificial intelligence were the top stories in robotics last year, and that trend is continuing. In 2022, the company partnered with ChatGPT creator OpenAI to develop embodied learning. Source: 1X Technologies What kind of connectivity to the cloud will the NEO require to realize embodied AI?

Robotics 100

Robotics Robotics Artificial Intelligence Sourcing 100

Fastener News Desk

DECEMBER 7, 2022

Zug, November 29, 2022. Bossard, with its global focus on creating value for its customers through engineering services and innovative logistic solutions, is convinced that it will be able to unlock. and logistic services. Content Source: RELATED CONTENT: The Bossard Group has acquired Jeveka.

Logistics 52

Logistics Industry 4.0 Industry 4.0 Automotive 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 98

Manufacturing 3D printing Supply Chain Prototype  98

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

Fastener News Desk

JANUARY 27, 2023

In 2022, these teams achieved an impressive milestone (one that would have been difficult to imagine back in 1994): $1 billion in annual sales. From 2012 to 2022, Fastenal’s international revenues more than tripled. The $1 billion international sales milestone caps a decade of consistently strong growth.

Supply Chain 52

Supply Chain Sourcing Compliance Logistics 52

Dinesh Mishra

SEPTEMBER 30, 2023

Partner Delight At Valgro India Limited, its approach to nurturing relationships with channel partners—suppliers, vendors, distributors, and logistics service providers—is centred around equality, customer focus, and long-term sustainability. Working with a dedicated team has been a source of appreciation for him.

Logistics 98

Logistics Manufacturing Sourcing Form 98

SMMT

SEPTEMBER 7, 2023

As a sustainable fuel source designed for the latest Euro VI trucks, and with a significantly lower carbon footprint than diesel, it can reduce CO2 emissions by up to 90%. For example, at Wincanton, 85% of its logistics vehicle fleet serving Screwfix now refuels with HVO – using approximately 90,000 litres of the fuel per week.

Logistics 59

Logistics Supply Chain Sourcing Manufacturing 59

SMMT

DECEMBER 19, 2023

With the UK looking at a deadline of 2050 to bring about a net zero emission economy, transport and logistics firms are already working hard to decarbonise their operations. Menzies Distribution has a dedicated EV fleet for final mile deliveries and 100% of the power used across sites is from clean, renewable sources.

Supply Chain 52

Supply Chain Logistics Warehousing Sourcing 52

Robotics Business Review

FEBRUARY 13, 2024

TGW Logistics’ RovoFlex picking robot can handle a variety of items, from grocery and fashion to industrial and consumer goods. Source: TGW Logistics TGW Logistics Group GmbH said it has applied its more than 50 years of experience in developing automated systems into its latest picking robot.

Logistics 97

Logistics Robotics Robotics Consumer Goods 97

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 124

Robotics Robotics Artificial Intelligence Automotive 124

E&T

FEBRUARY 10, 2023

The concerns led to disruptions at some US airports in January 2022 involving international carriers. However, the industry body has now said many airlines will be unable to meet the deadline given to complete this process, citing chain issues, certification delays and "unavoidable logistical challenges".

Cargo 52

Cargo Logistics Sourcing 52

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

Fastener News Desk

JANUARY 17, 2023

Fastener Distributor Index (FDI) – December 2022. Würth Group closes 2022 fiscal year with 19.95 Würth Group closes 2022 fiscal year with EUR 19.95 Bossard Group Reports New records in a challenging environment, Sales financial year and fourth quarter 2022. but improved modestly vs. last month. billion Euros in sales.

Aerospace 52

Aerospace Logistics Electronics Supply Chain 52