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Magna to make the new BMW Z4 in Austria

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Magna is adding to its contract vehicle manufacturing line-up in Graz, Austria with the addition of the new BMW Z4. Production is scheduled to begin at the end of 2018.

“Our expertise in complete vehicle engineering and production makes us unique and the ideal partner for the industry,” says Günther Apfalter, President of Magna Europe and Magna Steyr.

“We are very pleased that we can further strengthen our relationship with the BMW Group and continue to solidify our overall position in the industry with new business like this.” [Read more…] about Magna to make the new BMW Z4 in Austria

Boeing invests in high-speed metal 3D printing company Digital Alloys

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Boeing has invested an undisclosed sum in Digital Alloys, a Burlington, Massachusetts-based company developing high-speed, multi-metal additive manufacturing systems that produce 3D-printed parts for aerospace and other production applications.

Digital Alloys’ Joule Printing technology is said to be able to “rapidly combine multiple metals into each part, which enhances thermal, electrical, magnetic and mechanical properties”.

The process allows metals like titanium and high-temperature alloys to be 3D-printed for parts that could be used on Boeing products.  [Read more…] about Boeing invests in high-speed metal 3D printing company Digital Alloys

Nasa selects some early winners in its Astrobee robotic arm competition

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Nasa turns to freelancers to design a robotic arm for a flying robotic assistant on the International Space Station

Nasa and Freelancer.com announced three of the winners of the ongoing Astrobee Challenges Series, the latest crowdsourcing contest held by Nasa via Freelancer.com.

In recent years, Nasa has used Freelancer.com to hold several crowdsourcing campaigns in order to find innovative solutions to engineering problems they come across.

This time the Astrobee Challenges Series encouraged participants to design a robotic arm for a project on the International Space Station.  [Read more…] about Nasa selects some early winners in its Astrobee robotic arm competition

Hitachi Vantara to acquire Rean Cloud to strengthen IIoT offering

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Hitachi Vantara, the industrial internet of things business unit of Hitachi, has agreed to acquire Rean Cloud, a global cloud systems integrator, managed services provider and solutions developer of cloud-native applications across big data, machine learning and emerging internet of things spaces.

Founded in 2013, Rean Cloud has quickly been recognized as a leading cloud systems integrator, earning the status of Amazon Web Services Premier Consulting Partner and Microsoft Azure Silver Partner.

Rean Cloud’s deep hyperscale expertise and industry-leading infrastructure-as-code Rean Cloud Accelerator Platform enable highly automated, intelligent, scalable and secure cloud adoption and managed services.  [Read more…] about Hitachi Vantara to acquire Rean Cloud to strengthen IIoT offering

General Electric to connect 10,000 Aggreko assets to its IIoT network

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General Electric has signed a multiyear supply agreement with Aggreko, a supplier of temporary power and temperature control solutions.

The plan is to connect up to 10,000 assets to GE’s Distributed Power myPlant Asset Performance Management (APM) solution over the next five years.

GE says its myPlant APM is an “original equipment manufacturer-agnostic”, industrial internet of things solution for reciprocating engines and generators, which will provide Aggreko with a digital toolset to manage its equipment fleet.  [Read more…] about General Electric to connect 10,000 Aggreko assets to its IIoT network

ATS Automation reports $300 million revenue

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ATS Automation Tooling Systems has reported revenue of $300 million for the quarter ending July 1, 2018.

The company says the $300 million is 14 percent higher than the same quarter last year.

Earnings from operations were $27 million (9 percent operating margin), compared to $21.3 million (8 percent operating margin) a year ago.  [Read more…] about ATS Automation reports $300 million revenue

3D Systems and GF Machining Solutions partner on metal part production

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3D Systems and Georg Fischer AG GF Machining Solutions today announced a partnership that will enhance metal parts production and redefine how manufacturers think about their manufacturing environments.

GF Machining Solutions is one of the world’s leading providers of complete solutions to the precision machining industry and to manufacturers of precision components.

By combining the strength of 3D Systems’ innovation and expertise in additive manufacturing with GF Machining Solutions’ renowned leadership in precision machining, this partnership will enable manufacturers to more efficiently produce complex metal parts within tight tolerances, and reduce total cost of operation.

[Read more…] about 3D Systems and GF Machining Solutions partner on metal part production

LG Electronics to establish AI lab in Canada

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LG Electronics to establish an artificial intelligence research laboratory in partnership with the University of Toronto, in Canada.

The company says the new facility is an expansion of its AI research and development work in North America.

LG already has an AI lab in Silicon Valley, in the US. The company says it is a multimillion-dollar, long-term commitment.  [Read more…] about LG Electronics to establish AI lab in Canada

Growth in electric vehicle sales will not strain the power grid, says McKinsey

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The growing popularity and sales of electric vehicle will not strain the power grid, according to an analysis by McKinsey, one of the world’s leading management consultancies. 

McKinsey says its analysis suggests “the projected growth in e-mobility will not drive substantial increases in total electrical-grid power demand in the near- to mid-term, limiting the need for new electricity-generation capacity during that period”.

The authors of the report used Germany as an example and found that electric vehicle sales may grow to the extent that five extra gigawatts of power will be required, but that is only 1 percent of total supply.  [Read more…] about Growth in electric vehicle sales will not strain the power grid, says McKinsey

Nitco introduces wireless forklift fleet management technology

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Nitco has launched a new wireless forklift fleet management technology, which it says is “game-changing”. (See video below.) 

The company says it adds telemetry capabilities to materials handling equipment which could lead to “improvements in safety and accountability while eliminating inefficiencies and lowering your overall cost of operation”.

Nitco says the modules are equipped with sensors, GPS and telemetry technology, enabling machines to “collect helpful, actionable data that provides new insight into countless aspects of your operation”.  [Read more…] about Nitco introduces wireless forklift fleet management technology

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