09 Sep 2021Industrial
Desktop Metal accelerates the adoption of additive manufacturing 2.0 and 3DP mass production

Key Insights and Signals in Industrial
Centre Setup and Expansion 
Amcor expands its global network of innovation centers 
The new facilities in Ghent, Belgium, and Jiangyin, China, will welcome customers in mid-2022, with full build-out over the next two years with a total investment of approximately USD 35 Mn. Read More>>
Ecolab Healthcare Advanced Design Center opens in Minnesota
Its new center could bring new product design through pilot manufacturing by partnering in the product development cycle. Customers can design, develop, test, and produce customized equipment drapes with Ecolab researchers. Read More>>
Isra Vision holds groundbreaking ceremony for new headquarters 
The company entered into a strategic partnership with the Swedish industrial group Atlas Copco, forming the heart of the new Machine Vision Solutions division. Read More>>
Saint-Gobain North America breaks ground to launch the “Sustaining Futures, Raising Communities” program 
SGNA aims to help create sustainable homes that enhance individual wellbeing. SGNA and Charis Homes have deep roots in the region. Multiple Saint-Gobain companies, including CertainTeed, Life Sciences, Mobility, Ceramics, and Surface Solutions, are located in Northeast Ohio. Read
More>>
Deals and Deal Renewal  
ABB wins contract to power Jansz-Io compression natural gas project 
The company has won an order worth approximately USD 120 Mn to supply the overall Electrical Power System (EPS) for the prestigious multi-billion-dollar Jansz-Io Compression (J-IC) project. Read More>>
Agilent Technologies and Partek partner on end-to-end bioinformatics workflow  
Partek will integrate its Partek Flow bioinformatics software with Agilent’s Alissa clinical informatics platform. Partek Flow automatically processes and analyzes sequencing data in the background and then passes results to the Agilent Alissa Interpret platform. Read More>>
BWXT awarded CAD 40 Mn contract to supply heat exchangers for Bruce Power 
The contract, which subsidiary BWXT Canada Ltd. will execute at its Cambridge, Ontario facility, involves the engineering and fabrication of these specialized components. Moderator heat exchangers are large components that remove heat from the moderator system of CANDU nuclear reactors. Read More>>
Taiwan’s high-tech maker Delta inks PPA for home-made wind power  
The company secured the supply from Taiwan’s TCC Green Energy Corporation, part of Taiwan Cogeneration Corporation. The contracted power will come from 7.2 MW of onshore wind turbines in Taiwan. Read More>>
Doosan Heavy Industries to supply seismic protection system for nuclear power plants in China
The company signed a contract with China’s CTEC to supply a seismic protection system (SPS) for Tianwan Nuclear Power Plant Units 7 and 8. Read More>>
Partnerships
Metrohm partners with Agilent to become mass spectrometry resellers 
Along with opening additional applications in the environmental and food and beverage analysis markets, the agreement presents opportunities to expand the ion chromatography (IC) capabilities of Metrohm USA and Metrohm Canada. Read More>>
Canon Solutions America partners with Symphion to offer comprehensive print fleet cyber hardening 
This partnership marks a significant commitment to providing Canon Solutions America customers with a complete solution that supports whole print fleets—including all makes, models, and ages. Read More>>
Godrej Partners with Indian Railways to reduce the time taken to assemble coaches 
Godrej Tooling, an arm of the group’s flagship Godrej & Boyce, will design and develop the universal coach assembly station as an indigenous solution for coach assembly fabrication in the Marathwada Rail coach Factory in Latur, Maharashtra. Read More>>
Johnson Controls to partner with Apollo Infrastructure to build smart buildings 
The new venture will provide customers in the U.S and Canada with performance-based energy efficiency and smart buildings services at zero upfront cost and predictable monthly fees. Read More>>
Mergers and Acquisitions 
ABB to acquire ASTI 
The acquisition will expand ABB’s robotics and automation offering, completing the next generation of flexible automation portfolio. A key part of ABB’s external growth strategy was signed on July 19 and is expected to close in mid-summer 2021. Read More>>
Arcosa expands in Southwest through acquisition 
The company acquired Southwest Rock Products and affiliated entities for USD 150 Mn. According to Arcosa, Southwest Rock is an aggregate producer serving the greater Phoenix metropolitan area with five active sand and gravel locations and one hard rock quarry, producing about 5 million annual tons of construction aggregate. Read More>>
Desktop Metal acquires ExOne, cementing its leadership in additive manufacturing for mass production
The acquisition will provide customers with more choice as they leverage their complementary technologies and go-to-market efforts to drive continued growth. The platforms will better serve customers, accelerate green technologies adoption, and drive increased shareholder value. Read More>>
Hanwha Solutions acquires French renewable energy firm RES for USD 860 Mn
The company is acquiring a 100% stake in French wind and solar power plant operator RES Mediterranee SAS to enhance its presence in Europe’s renewable energy market. Read More>>
Executive Movement
A. O. Smith names manufacturing veteran as COO for Lochinvar 
Stephen O’Brien comes to Lochinvar from Mitsubishi Electric Trane HVAC US (METUS) as Sr. VP – Sales, Marketing & Supply Chain. He impacted channel strategy and product mix resulting in revenue and net profit growth. Read More>>
Cornerstone Building Brands appoints Judith Reinsdorf to its board of Directors 
Ms. Judith Reinsdorf served as Executive Vice President and General Counsel of Johnson Controls International. Following its merger with Tyco International, she served as Executive Vice President and General Counsel from March 2007 until September 2016. Read More>>
Daikin NZ gets its new MD 
Ryuta Hayashibara joins the New Zealand business from Daikin Industries in Japan after the local operation has increased its team by 338% during the past four years. Read More>>
Glen Dimplex Americas appoints Kevin Rantin as Director of US Sales 
Mr. Rantin joins Glen Dimplex Americas from Ortal, where he worked in a sales and marketing leadership role for several years. He will lead the U.S. Trade Flame Sales Team for the company’s fireplace brands, including Dimplex, Faber, and Nectre. Read More>>

Latest Industry Insights from Draup Braindesk

Case Studies on trending technologies: 

5G: 

  • Siemens launched an industrial 5G router that can remotely monitor and service plants, machines, control elements, and other industrial devices via a public 5G network. 

  • Qualcomm Technologies and Bosch announce research collaboration on 5G NR technology applications for the Industrial Internet of Things (IIoT) to facilitate Industry 4.0. 

IOT: 

  • Cisco’s acquisition of Fluidmesh Networks will help Cisco to expand its IoT business, extending Cisco’s industrial wireless offerings to more industries, key customer segments, partners, and end-users. 

  • Schneider Electric-Ayla’s IoT platform will provide the customer with IoT security, energy management transformation, automatic futureproofing for connected products. 

Cloud: 

  • ABB collaborated with Amazon Web Services (AWS) to create a cloud-based platform for the real-time fleet management of electric vehicles. 

  • Johnson Controls partnered with Microsoft to use Microsoft Azure Digital Twins and unify intelligent building, employee experience, and security. 

Edge Technology: 

  • Hitachi partnered with Intel to launch the ‘Hitachi Industrial Edge Computer CE series Embedded AI model.’ It integrates Intel’s AI technology and Hitachi’s control system technologies to incorporate an image analysis execution platform using AI and deep learning. 

  • Schneider Electric partnered with EdgePresence and Accu-Tech to deploy edge data centers in US markets and support edge computing expansion. 

  • Siemens partnered with Stratus Technologies to offer an edge computing platform for broader industrial digitalization applications, and extend the use of virtualization, and providing secure remote access to equipment. 

Key Funding Alert

CHASM Advanced Materials closes USD 15 Mn in Series-C funding 
CHASM Advanced Materials Inc will use the funds to accelerate commercial penetration of CHASM’s AgeNT products for transparent printed electronics, NTeC products for energy storage, a broad range of composites applications, and launch CHASM-H2O™. 
Read More>>

Startup Spotlight

Company – AMTR Scientific 
Total Funding – USD 55.49 K
HQ Location – Tel Aviv, Israel 
About: AMTR Scientific provides an integrated method to treat a wide range of industrial wastewaters based on magnetic settling and catalytic oxidation. Read more>>

Latest Reports Published in Draup
Assa Abloy Account Intelligence Report: Assa Abloy focuses on launching digital door lock and electronic locking solutions that incorporate technologies such as NFC to ensure they suit the needs of the residential market. Its FY2020 revenue decreased from 7% compared to FY2019 due to the pandemic. Read More>>
Alstom Account Intelligence Report: Alstom focuses on 3D printing technology and new facilities to increase production and create prototypes to improve their design for smarter and healthier mobility. Its net sales increased by 7% in FY2021 compared to FY2020 due to increased sales volume across all its segments. Read More>>
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