Tag: opening
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Electric Future: Battery production facilities bloom on both sides of the Atlantic
Battery production plants are popping up and blooming on both sides of the Atlantic, with one or two exceptions, such as BritishVolt, which went into administration recently Viridi Parente, a developer of battery storage technology, has selected Bright Machines to digitally transform the company’s US electric battery manufacturing facility. Bright Machines Microfactories, the company’s full-stack…
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CFD Trading: What it is and How it Works
CFDs are leveraged instruments traded over-the-counter with a securities firm, which is commonly referred to as a CFD provider. A CFD is a Specified Investment Product (SIP), on a need to sell or buy basis. Dealing in CFD is attractive to day traders that can use leverage in trading assets that are more costly to…
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Fanuc opens new robotics and automation facility
Fanuc America is planning to open a new 461,000 square-foot North Campus robotics and automation facility in Auburn Hills, Michigan. The world’s largest industrial robot supplier will hold a grand opening celebration for the new centre later today. Fanuc has invited customers, local officials, educators, suppliers, and the media to an official program, ribbon-cutting ceremony…
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Mobile Industrial Robots opens new office in Germany
Mobile Industrial Robots, a supplier of warehouse automation technologies, has opened a new office in Frankfurt, Germany. The company says Germany and the Benelux countries are “very important markets with a huge potential for MiR”, so the opening of its Frankfurt office today is also important. Distributors from the DACH region – Germany, Austria and…
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Škoda opens new $200 million paint shop featuring 66 robots
Škoda Auto has opened a new automotive paint shop at its main plant in Mladá Boleslav, in the Czech Republic, featuring 66 industrial robots configured for applying the paint. Up to 168,000 car bodies will be coated with paint there each year, taking the plant’s total annual painting capacity up to 812,000 vehicles. Škoda Auto…
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Kia car to feature ‘first’ CVVD engine technology
Hyundai Motor Group, Kia Motors‘ parent company, has developed the world’s first Continuously Variable Valve Duration (CVVD) technology to feature in future Kia vehicles. The innovation was revealed at Hyundai Motorstudio Goyang alongside the Smartstream G1.6 T-GDi, the first engine to feature the technology. CVVD is claimed to optimise both engine performance and fuel efficiency…
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Brain Corp expands global presence with opening of European headquarters
Brain Corp, a San Diego-based artificial intelligence and robotics company, has opened its new European headquarters. Located in Amsterdam, Netherlands, Brain Corp Europe will serve as a hub for operations, software development, and continuing research and development activities. In the near term, efforts will primarily focus on providing increased support to regional partners, ensuring the…
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Magna celebrates growing footprint in China with two grand opening events
Magna held two grand opening ceremonies last month in China, for new factories in Changsha and Shanghai. The new plant in Changsha, a joint venture with GAC subsidiary GAC Component Co., Ltd. (GAC Component), began production of composite liftgates for a global automaker’s crossover vehicle in late 2018. Last month, Magna’s plant in Shanghai started…
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ABB’s YuMi collaborative robot rings opening bell at Nasdaq stock market
Collaborative robot YuMi was the – arguably oblivious – guest of Robo Global, creator of the world’s first robotics and automaton investor index series ABB’s YuMi dual-arm, collaborative robot rang the opening bell today at the Nasdaq MarketSite Studio in Times Square in New York City to start the trading day. YuMi was a guest…