IDEX acquires STC Material to grow its expertise in material sciences and critical components

Partnerships
Synergistic partnership between Industrial CT and Additive Manufacturing
Industrial CT and Additive Manufacturing collaborate to improve quality control in 3D printing by providing non-destructive inspection, material analysis, dimensional verification, and process optimization, resulting in higher part quality and efficiency. Read More>>
FANUC signs a contract with Volvo Cars to supply industrial robots for global plants
FANUC will collaborate with Volvo Cars to provide industrial robots for worldwide production plants, including carbon-neutral operations. Volvo’s electric vehicle manufacturing and sustainability aims are aided by the alliance. Read More>>

Centre Setup and Expansion
AIPHONE unveils new office in Tampa
Aiphone, a global provider of intercom and access control systems, has opened a new office in Tampa, Florida, its first in the southern United States. The office will be used for sales and training, bolstering the company’s presence in the South and serving Latin America’s booming security sector. Read More>>
Simpson Strong-Tie expands Gallatin, Tennessee
Simpson Strong-Tie intends to invest US$ 110 Mn in Gallatin, Tennessee, doubling production capacity and creating 37 new jobs. The new Airport Road plant will improve efficiency and service North American consumers. The firm specializes in high-quality wood and concrete building solutions. Read More>>

Executive Movements
Danaher appoints Christopher Riley as Executive Vice President for Biotechnology
Danaher Biotechnology has named Christopher Riley as Executive Vice President. With over 15 years of experience at Danaher, he has held a variety of senior positions, including Vice President and Group Executive for Diagnostics, where he oversaw Genomic Medicines. Read More>>
Sensata announced a new Chief Financial Officer
Brian K. Roberts has been named CFO of Sensata Technologies. He has 30 years of finance and leadership expertise, including positions at Tarveda Therapeutics, Insulet Corporation, and Digitas, Inc. Read More>>

Mergers and Acquisitions
IDEX Corporation expanding its material science manufacturing expertise with the acquisition of STC Material Solutions
DEX Corporation will acquire STC Material Solutions for US$ 206 Mn in cash, bolstering its material science production capabilities. STC is a leading manufacturer of technical ceramics and hermetic sealing materials for semiconductor, aerospace, and defense applications. Read More>>
Hubbell to acquire Systems Control for US$ 1.1 Bn cash
Hubbell plans to acquire Systems Control, thereby increasing its utility solutions offering. Systems Control focuses on substation control and relay panels, which are critical for grid reliability. The deal is expected to be completed by the end of 2023. Read More>>
Atlas Copco to acquire a Korean semiconductor valve manufacturer
Atlas Copco intends to buy Presys Co., Ltd., a Korean semiconductor valve maker, to improve its position in the semiconductor sector. With 134 workers, this acquisition will be integrated into the Semiconductor Chamber Solutions Division of the Vacuum Technique Business Area. Read More>>

New Product Development and Product Launch
Extron’s new USB-C Pro AV Dock for Unified Communications Spaces
The Extron UCS 601 4K USB-C Dock connects USB-C laptops to HDMI screens and supports up to three USB devices. It supports 4K resolutions and is capable of handling video, USB data, and laptop charging. It is designed for UC environments and provides various mounting choices. Read More>>

• 3M company intends to continue investments to build a new production facility and advance the existing plants to increase its manufacturing capabilities and support the growth of its business.  
• By building a new facility, The company increases the production of air filters and Command adhesive strips that improve sustainability by replacing plastic packaging with renewable packaging.  
• 3M enhancing biotech manufacturing support, bolstering healthcare advancements with a focus on specialized medicines and breakthrough therapies.

Robotic Manufacturing Solutions

• 3M focuses on industrial automation for both its internal operations and meeting the growing demand from industrial customers. The company leverages automation for a range of traditional applications, ensuring safety, quality, and productivity in its global network of factories.  
• 3M addresses the need for industrial robotic solutions, assisting manufacturers in overcoming labor shortages and fostering fresh opportunities within their workforce • Service Providers with rich expertise in Manufacturing Robotic Solutions would be apt to serve 3M.

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