Market trends and business perspectives
Cincoze, a manufacturer of embedded systems, has launched the P2100 Series, including P2102 and P2102E.
The P2102 is a slim, fanless, embedded computer with the P2102E offering greater expandability.
Supporting Cincoze’s innovative modular design, the P2100 Series can also work as a panel PC when combined with various Cincoze display modules. [Read more…] about Cincoze launches new fanless embedded computer
RE2 Robotics, a developer of human-like robotic manipulation systems, says it will “significantly increase” its hiring efforts in 2020.
This hiring push is a direct result of the company’s expansion into commercial markets last year, including the aviation, energy and medical industries.
RE2 expects to increase its staff by 50 percent by the end 2020. The company, which increased its staff by 32 percent in 2019, is seeking to add approximately 20 engineers in a variety of disciplines, including mechanical, electrical and software engineering. [Read more…] about RE2 Robotics plans expansion as it looks to increase staff by 50 per cent
AGCO Corporation, a worldwide distributor and manufacturer of agricultural equipment, has completed expansion of its Edgewood, Maryland assembly and distribution facility.
The facility will be used to build Fendt high horsepower tractors and Massey Ferguson compact and utility tractors and equipment.
The location also now includes a training center to provide dealers in the region a more cost-effective, time-efficient location for product and service training. [Read more…] about AGCO completes Maryland assembly, distribution, training facility
CloudMinds Technology, a provider of cloud artificial intelligence architecture for robots, has opened a new support centre in Santiago, Chile.
The company says the office will expand support for customers across Mexico and South America. The new operation will report to the company’s global co-headquarters in Santa Clara, California.
said Robert Zhang, company co-founder and president of international business development, says: “Our new operation in Latin America is a reflection of the continued global momentum CloudMinds has been building, driven by our proprietary cloud artificial intelligence architecture and cloud robot solutions that are already helping to transform various industry verticals around the world. [Read more…] about CloudMinds opens cloud robotics support centre in Chile
Applied Intuition, a provider of a simulation platform for autonomous vehicle development, has raised $40 million in Series B financing.
The funding round was led by General Catalyst with participation from Kleiner Perkins, M12 (Microsoft), Sozo Ventures, and La Famiglia.
Previous investors, Andreessen Horowitz, Lux Capital, and Floodgate, also participated in this round. [Read more…] about Autonomous vehicles simulator Applied Intuition raises $40 million in funding
ThyssenKrupp’s material handling division is to invest more than €70 million in its European warehousing and logistics network.
The company – which claims to be “the western world’s biggest materials distributor” – says automation and digitalization will “significantly boost productivity”.
ThyssenKrupp Materials Services, the distribution and service provider of the ThyssenKrupp Group, says the €70 million investment in the modernization and expansion will include a state-of-the-art logistics center and new warehouses in Germany, Poland and Hungary. [Read more…] about ThyssenKrupp to invest over €70 million in European warehouses
Swisslog has been contracted to expand a logistics centre for Rapunzel Naturkost, a manufacturer and supplier of organic food in Germany.
The expansion will feature Swisslog’s automated pallet technology in the form of five Vectura pallet stacker cranes and ProMove conveyor for the high-bay warehouse.
Valued at €5.5 million, the project’s scope of services also includes construction of the steel structures and picking stations. [Read more…] about Swisslog to build pallet warehouse for Rapunzel
Sportamore, one of the largest and fastest-growing online vendors of sports clothing and equipment in the Nordic countries, has expanded its automated central warehouse in Eskilstuna in cooperation with Swisslog.
The expansion began in February 2018 and was finished according to plan in February 2019.
Sema Söderhäll, chief logistics officer at Sportamore, says: “Together with Swisslog, we were able to complete the expansion without disrupting our regular production, something we’re very grateful for.” [Read more…] about Sportamore opts for Swisslog to expand automated warehouse
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Honda Aircraft Company says it plans to expand its global headquarters in Greensboro, North Carolina by investing an additional $15.5 million in a new 82,000-square-foot facility on its 133+ acre campus in Greensboro.
This will bring the company’s total capital investment in its North Carolina facilities to more than $245 million.
Scheduled to break ground in July 2019, the building will house a new wing assembly process for the HondaJet Elite. [Read more…] about Honda Aircraft Company to invest $16 million into expanding US production facility
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