Market trends and business perspectives
Yaskawa has broken ground to mark the start of the construction of a new factory in Slovenia, in Europe.
The company will spend almost $30 million in building the new facility in Kocevje.
The foundation stone was laid a few days ago. [Read more…] about Yaskawa breaks ground to build Slovenia factory
Yokogawa Electric, a Japanese industrial equipment company with about $3.5 billion revenue a year, has launched a new automation and control solution.
Yokogawa says its new Synaptic Business Automation system is a new industrial automation and control business concept that “expresses the company’s commitment to working with its customers to sustain their creation of corporate value”.
Based on the ideals expressed in the Synaptic Business Automation concept, Yokogawa says it will help companies achieve a transformation in how they conduct their business. [Read more…] about Yokogawa Electric launches new industrial automation and control solution
Lincoln Electric says it is planning to expand its automation manufacturing capabilities, with the enlargement of its facility at Wayne Trail, Ohio.
The Wayne Trail plant specialises in automated manufacturing solutions for metal forming, fabricating and metal joining processes.
Lincoln says the new investment “nearly doubles the facility’s size” to support larger-scale projects, future growth, and improved operational effectiveness. [Read more…] about Lincoln Electric to expand automation manufacturing capabilities
Kuka Systems has received three major new systems contracts from “a leading manufacturer of premium vehicles in the US”, according to the company.
The projects comprise the engineering and construction of systems to build vehicles body structures in the USA and Mexico, says Kuka.
Kuka estimates the order value to be approximately $75 million, and says it was booked in the third quarter of 2017. Start of production is planned for mid-2019. [Read more…] about Kuka wins ‘major’ contracts worth $75 million from US automotive manufacturer
Chipmaker Broadcom has proposed to buy Qualcomm and is willing to pay a massive $130 billion for the company.
Qualcomm is yet to publicly respond to the offer, but Broadcomm has made outlined its offer in detail.
Broadcom is offering $70 per share to be received by Qualcomm stockholders which would consist of $60 in cash and $10 per share in Broadcom shares. [Read more…] about Broadcom bids $130 billion to buy Qualcomm in what would be the largest-ever acquisition in technology sector
Company claims Stanley Black & Decker set up its TaskMate system “in one day”
Ready Robotics’ ready-made automation system – which it says can be set up made operational within a day – is being utilised by Stanley Black & Decker.
Ready Robotics says the solution is “the first fully-integrated robotic system capable of being deployed in hours”.
The unit incorporates an “enterprise-ready” hardware and software platform that makes it dramatically easier for large-scale factories to deploy robotic automation in one day, says Ready Robotics. [Read more…] about Ready Robotics’ TaskMate system being used by Stanley Black & Decker
Stanley Black & Decker is planning to open a massive manufacturing plant in the US.
The company, which claims to be the world’s largest tools and storage company, is increasingly integrating robotics and 3D printing into its manufacturing processes.
Stanley Black & Decker currently uses Ready Robotics’ TaskMate, which is a ready-made automation system for hire. [Read more…] about Stanley Black & Decker to open new 300,000 sq ft manufacturing facility in the US
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