Key Insights and Signals in Industrial
|
|
|
Centre Setup and Expansion
Bogie Production officially starts at the new Alstom plant in Poland
Bogie Production started the production of bogies for regional trains, subways, and trams at a new facility in Nadarzyn near Warsaw. The first bogies have already rolled off the production line. It will take over the production of bogies from the existing Alstom plants in Piaseczno and Wroclaw. Read More>>
Trimble changes headquarters to Westminster, Colorado
Trimble changed its headquarters from Sunnyvale, California, to Westminster, Colorado. Sunnyvale will continue to be a strategic hub for Trimble and will be designated as the Silicon Valley Center for Innovation and Operations. No other changes are associated with the new headquarters designation. Read More>>
Deal
Flowserve to supply turbine pumps for WKEP
Flowserve will supply its vertical turbine pumps to McMillen Jacobs Associates for its design, engineering, and construction services on the West Kauai Energy Project, a renewable energy and irrigation project in Hawaii. It will enable the engineering design of the project’s hydropower and pumped storage components. Read More>>
Mergers and Acquisition
VIAVI acquires Jackson Labs for PNT Solutions
VIAVI acquired Jackson Labs Technologies, a leader in Position, Navigation and Timing (PNT) solutions for critical infrastructure serving both military and civilian applications. Their broad customer base includes armed forces, defense contractors, energy distribution infrastructure, Low Earth Orbit (LEO) operators, and 5G service providers. Read More>>
Ingersoll Rand acquires Dosatron International for USD 90 Mn
Ingersoll Rand acquired Dosatron International, a provider of water-powered dosing pumps and systems in North America. The acquisition expands Ingersoll Rand’s digital technology portfolio, opening opportunities in hydroponics, horticulture, animal health, food safety and sanitation, and water treatment end markets, where Dosatron had a strong presence. Read More>>
Lincoln Electric acquires Fori Automation
Lincoln Electric signed a definitive agreement to acquire Fori Automation, Inc. The acquisition is expected to increase Lincoln Electric’s annual automation sales by approximately USD 225 Mn at comparable EBIT margins to Lincoln Electric’s current automation portfolio. It is expected to be accretive to earnings. Read More>>
Partnership
Rohde & Schwarz and EID partner to digitalise Portuguese Army
Rohde & Schwarz partnered with defense technology company EID to provide the Portuguese Army with handheld software-defined SOVERON HR radios. The strategic collaboration seeks to support efforts to digitalize the Portuguese armed forces. Read More>>
Executive Movement
The Board of Directors appoints Suzanne Thoma as Executive President of Suzler
The Board of Directors of Sulzer AG has appointed its Chairwoman, Suzanne Thoma, as Executive President of Sulzer. Suzanne Thoma will continue in this capacity until the new corporate strategy’s development and its implementation’s first phase have been completed. Read More>>
Blue.cloud appoints former ThoughtSpot Regional Director Bill Tennant as Chief Revenue Officer
Blue.cloud appointed Bill Tennant as the first Chief Revenue Officer (CRO). The appointment comes after 185% YoY revenue growth in 2021, along with a recent private equity investment from Hudson Hill Capital, and will be integral to Blue.cloud’s global growth initiatives. Read More>>
Layoff
WestRock to lay off 130 people at St. Paul cardboard plant
WestRock permanently closed the corrugated medium manufacturing operations in St. Paul, eliminating approximately 130 jobs. Operations are expected to cease in early November. The company announced that the coated recycled board production would continue at the St. Paul facility. Read More>>
|
|
|
Did you find the newsletter helpful? *|SURVEY: Yes|* *|SURVEY: No|*
|
|
|
Latest Industry Insights from Draup Braindesk
|
|
|
- Chamberlain Group equips vehicles with Integrated Garage Door Technology by providing an ARQ solution that allows drivers to control the garage door seamlessly.
- The Chamberlain’s brand myQ smart garage technology aims to expand in-garage delivery and reach more customers with a seamless in-garage experience and monitor, control, and secure the garage door.
- The Chamberlain Group focuses on reducing waste by digitizing all its garage door opener installation manuals using official interactive instructions guided by voice, text, and 3D animated images.
- Greater Chicago Area, United States, is the key hotspot for Embedded & Firmware Engineering, Manufacturing Engineering, and Data Centre Management-related engagements.
- Consulting and System Integration is the highly outsourced segment which holds approximately 54% of the total outsourcing headcount. Jabil Inc. is the key strategic outsourcing partner for The Chamberlain Group, Inc.
|
|
Startup Spotlight
Company – PostProcess Technologies
Total Funding – USD 48.42 Mn
About: PostProcess Technologies provides automated and intelligent post-printing solutions for additive manufacturing. Its comprehensive technologies enable end-to-end digitalization in the additive workflow, making them conducive to Industry 4.0 production-volume printing. Read more>>
|
|
Here’s what’s new on our Sales Intelligence Platform
View Customer Distribution by Vertical
|
|
- Get an understanding of the focused verticals of service providers with Customers Distribution by Vertical analysis in Customers section
- Get to see the financial results in reported currency with the flexibility to change the currency in Financials section
|
|
|
|
|
Sales
