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Bankruptcy Lawyer: Your Guide to Overcome Financial Difficulties

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What is Bankruptcy?

Bankruptcy filing is the legal process in which outstanding financial liabilities of an individual or an organization are discharged through debt relief.

This debt relief acts as a financial cushion for debtors who have failed to repay their debts. Filing for bankruptcy is a common phenomenon, contrary to a common misconception associated with it.

According to statistics, 149,077 people filed for bankruptcy in 2022 in the USA. Widespread misconceptions about declaring bankruptcy have made it an undesirable option. [Read more…] about Bankruptcy Lawyer: Your Guide to Overcome Financial Difficulties

Exotec seeing ‘rapid growth and strong demand’ for its warehouse robots

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Exotec, a warehouse robotics provider, says it is seeing “continued rapid growth” in North America as the company continues its global expansion, adding that the business momentum is driven by the growing demand for warehouse automation.

Romain Moulin, Exotec CEO and co-founder, says: “We continue to see a strong demand for scalable and proven warehouse robotic solutions.

“Our track record of serving the world’s largest brands positions Exotec to benefit from the explosive growth of the global warehouse robotics market, which is expected to reach $16 billion by 2031.”    [Read more…] about Exotec seeing ‘rapid growth and strong demand’ for its warehouse robots

Growth in electric vehicle manufacturing drives industrial robot sales to record highs in North America

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Data released by the Association for Advancing Automation show that 44,196 robots were ordered in 2022, up 11 percent over 2021. The record results are credited to a resurgence in sales to automotive companies looking to boost electric vehicle production.

Driven by the resurgence in robot orders from automotive companies, the North American robotics market set all-time records in both robots sold and value in 2022.

According to the report from the Association for Advancing Automation (A3), North American companies ordered 44,196 robots valued at $2.38 billion last year, representing increases of 11 percent and 18 percent, respectively, over 2021, the previous record. [Read more…] about Growth in electric vehicle manufacturing drives industrial robot sales to record highs in North America

North American robot sales on track for another record year for 2022

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North American robot sales in the first nine months of 2022 reached record levels, with all indications pointing to 2022 ending with the highest number of robots sold in a year for the second year in a row.

According to the Association for Advancing Automation (A3), from January to September 2022, North American companies purchased 35,804 units valued at $1.875 billion, up 24 percent for units ordered and 27 percent for revenue over the same period in 2021.

Jeff Burnstein, president of A3, says: “Ongoing labor shortages, easier-to-use robotic solutions and new industries embracing robotics, such as restaurants, retail, construction and even agriculture, have led to record units sold here in North America this year. [Read more…] about North American robot sales on track for another record year for 2022

Majority of US businesses looking to bring production closer to home

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Some 70 percent of US businesses are looking to bring production closer to home, according to a survey by industrial automation giant ABB.

In response to the Covid-19 pandemic, geopolitical disputes, raw materials shortages and trade issues that have rocked global economies and supply chains, a majority of US-based companies are planning to relocate production closer to their facilities in America.

Surveying 1,610 executives in the US and Europe, ABB found that 70 percent of US businesses are planning changes in their operations, with 37 percent planning to bring production back home and 33 percent looking to nearshore and shift their operations to a closer location. [Read more…] about Majority of US businesses looking to bring production closer to home

Numina and Addverb partner to expand North American warehouse automation solutions

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Automation solutions provider Addverb Technologies has agreed a strategic North American partner agreement with Numina Group, an independent warehouse automation software developer and systems integrator.

The agreement expands the deployment of Addverb’s cutting-edge mobile robots for automation solutions to North American warehouses and provides Numina Group’s customers access to additional innovative technology applications for faster and smarter warehouse order fulfillment automation.

Numina will start with Addverb’s Dynamo series of robots, which work collaboratively with human order pickers to increase efficiency. [Read more…] about Numina and Addverb partner to expand North American warehouse automation solutions

Matthews International to open facility to refurbishment calender rolls for battery production

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Matthews International says it expects to open its state-of-the-art service facility for the refurbishment of calender rolls for lithium-ion battery electrode production in June 2022 in San Antonio, Texas.

This facility, part of Matthews’ Saueressig Engineering and Energy division, supports the growth of its North American energy business, serving the rapidly growing renewable energy market.

Joe Bartolacci, president and CEO, says: “We are very excited about the start-up of our San Antonio facility, designed to apply our published patents for use of dry electrodes in the production and reconditioning of lithium-ion batteries and multiple roll calenders (MRCs). [Read more…] about Matthews International to open facility to refurbishment calender rolls for battery production

Murata expands AGV range, partners with AGVE Group

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Murata Machinery USA has expanded its logistics & automation product offerings with an extensive line of automated guided vehicles (AGVs).

The A-Series adds seven standard base models to their existing Muratec Premex Series that are customizable for a wide range of load capacities, lift heights, navigation methods, temperature ratings, and software applications.

From their Charlotte headquarters, Murata Machinery will take over and lead all North American operations in partnership with the AGVE Group, directing day-to-day North American sales, installation, service, and marketing operations. [Read more…] about Murata expands AGV range, partners with AGVE Group

Jeep Wrangler: An American Icon

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Ah, the Jeep Wrangler. One of the most recognizable brands on the planet. Somewhere, as we speak, is someone vying with one off road, rhapsodizing anew at the wonders of it all.

The Jeep Wrangler. And don’t forget its mystique. Whole sonnets have likely been written, or should be, that toss hosannas at this legend, a vehicle that served during WWII, no less.

Here is the Jeep Wrangler: An American icon. [Read more…] about Jeep Wrangler: An American Icon

International Examples Give Inspiration to American Industry

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American automation has, over recent years, come to somewhat of a standstill.

The impact of the international coronavirus pandemic clearly illustrated this; NASDAQ highlights how industrial production dropped to a ten year low, with only the arrival of new automation tools creating any sort of relief within the industry.

The need for automation is clear, as the impact of a total industrial shutdown causes far more harm to the economy and jobs than the jobs lost to robotic and automated systems. While America might have a lot to do to catch up, other countries have carved out a trail that can provide inspiration. [Read more…] about International Examples Give Inspiration to American Industry