Robotics & Automation News

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manufacturing

US manufacturing output reaches ‘all-time high’

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Manufacturing output in the US has reached an “all-time high”, signaling the industry’s strength, according to the National Association of Manufacturers.

For the past two years, manufacturers have been setting new records when it comes to manufacturing output, and through the first quarter of 2019, the industry has continued to reach new heights.

Four out of five manufacturers remain positive about their company’s outlook, according to the National Association of Manufacturers’ latest Outlook Survey, and new Bureau of Economic Analysis data find that manufacturers’ level of output hit an all-time high once again. [Read more…] about US manufacturing output reaches ‘all-time high’

5 Industries That Can’t Do Without Custom Machining

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Precision and efficiency have become the leading demands for manufacturing. Modern equipment is rapidly changing.

New, sturdier and harder materials are used, complex geometries with tight tolerances and fine surface finishes are required and all of that has to be done at a faster pace.

This race toward product perfection involves using professional custom machining services for more and more industries for a lot of different purposes. Let’s see, which modern industries simply can’t manage without custom machining. [Read more…] about 5 Industries That Can’t Do Without Custom Machining

Volume Graphics partners with industry consortium to improve rapid-prototyping of plastic mold inserts

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Volume Graphics, a provider of industrial computed tomography software, is partnering in a second joint project on “rapid tooling” with companies from a wide range of industries.

The company’s partnership is with the Kunststoff-Institut, in Germany.

As a project partner, Volume Graphics brings expertise in quality assurance and process optimization to the team via its advanced industrial computed tomography (CT) data-analysis software.

Christof Reinhart, CEO of Volume Graphics, says: “Working on this project with Kunststoff-Institut and partners is very important to us because we are convinced that industrial computed tomography can advance the future of rapid tooling. [Read more…] about Volume Graphics partners with industry consortium to improve rapid-prototyping of plastic mold inserts

Magna signs first complete vehicle manufacturing joint venture in China

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Magna, BAIC Group and the Zhenjiang government celebrated the signing of a framework agreement governing their electric vehicle manufacturing joint venture in Zhenjiang, China, which marks another milestone of their continued cooperation.

The transaction, which is pending regulatory approval and other closing conditions, is expected to close in the fourth quarter of 2019.

The joint venture, which is to be controlled by an affiliate of the BAIC Group, is Magna’s first investment in a complete vehicle manufacturing facility outside Europe.

[Read more…] about Magna signs first complete vehicle manufacturing joint venture in China

Hanwha Robotics and Wipro team up on Indian cobot market 

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Hanwha Precision Machinery’s Robot Business Division has signed a Memorandum of Understanding with Wipro Infrastructure Engineering (WIN) to establish a local sales and operations office in India.

The partnership combines the core competencies between the two companies: Hanwha’s cobot manufacturing and development capabilities and WIN’s Automation Solutions business and broad sales network in India.

Through this partnership, Hanwha Robotics will be able to sell its factory automation cobots to WIN’s customer base through its sales network.

[Read more…] about Hanwha Robotics and Wipro team up on Indian cobot market 

Warehouse automation company Fetch Robotics raises $46 million in latest funding round

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Fetch Robotics, a provider of warehouse automation technologies, has raised $46 million in its Series C round of funding.

The round was led by Fort Ross Ventures, with additional participation from CEAS Investments, Redwood Technologies, TransLink Capital and Zebra Ventures.

All existing investors – O’Reilly AlphaTech Ventures, Shasta Ventures, Softbank Capital and Sway Ventures – also participated in this round. [Read more…] about Warehouse automation company Fetch Robotics raises $46 million in latest funding round

Innovation in industrial manufacturing taking many forms, finds Deloitte

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Not all types of innovation are created equal when it comes to the transformation taking place today in the industrial manufacturing sector.

A new report series, Innovation in Industrial Manufacturing, by Deloitte about innovation in industrial manufacturing shows that patent-based innovation – in both business process improvement and new product development – has become a key marker for how industrial companies are leveraging their research and development budgets to remain competitive in the Fourth Industrial Revolution.

In the report series, Deloitte reviewed the US Patent and Trademark Office (USPTO) filings and citations of 43 Fortune 100 industrial manufacturers, between 2006-2018, and found important insights into how companies are investing in R&D, how digital technology is developing in the sector – specifically “exponential technologies” such as 3D printing, blockchain, cybersecurity, IoT, and so on – and outlines “winning approaches” to innovation for manufacturers. [Read more…] about Innovation in industrial manufacturing taking many forms, finds Deloitte

AT&T joins US Digital Manufacturing Institute to ‘boost 5G innovation’

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US national telecommunications carrier AT&T has become a member of MxD, a national association for manufacturers also known as the Digital Manufacturing and Design Innovation Institute.

AT&T says it plans to install 5G and edge computing technologies at the MxD Institute in order to “develop and test applications with US manufacturing companies”.

MxD is like a support organisation for manufacturers and is affiliated to a government-backed public-private partnership program called Manufacturing USA. [Read more…] about AT&T joins US Digital Manufacturing Institute to ‘boost 5G innovation’

Eclipse Automation acquires Transmoduls to expand into Europe

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Eclipse Automation, of Cambridge, Canada, is in the process of acquiring Transmoduls, located in Veszprém, Hungary.

Eclipse says Transmoduls is at the forefront of manufacturing turnkey, feature-rich automation solutions for the automotive, electronics, food and medical markets.

With facilities in Canada and the United States, Eclipse delivers proven custom automation solutions combining design, engineering, manufacturing, integration and aftercare for advanced production, lean manufacturing and modern distribution. [Read more…] about Eclipse Automation acquires Transmoduls to expand into Europe

Robert Bosch Venture Capital leads growth funding round in MegaRobo

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Robert Bosch Venture Capital, the corporate venture capital company of the Bosch Group, is leading a growth financing round in MegaRobo. 

The Chinese high-tech robotic company with over 100 employees is headquartered in Beijing and integrates cutting-edge machine vision and artificial intelligence (AI) to provide modular automation solutions for lab automation, smart retail and light industrial sectors.

“MegaRobo’s technology increases efficiency in production automation. Already today, robots from MegaRobo are used for special applications in the end-of-line production of household appliances at Bosch”, says RBVC managing director Dr Ingo Ramesohl.

[Read more…] about Robert Bosch Venture Capital leads growth funding round in MegaRobo