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WEBGlobal manufacturing to grow in 2024 – but only because of China. The global manufacturing industry will expand by 0.6% in 2024, with stronger growth expected in 2025 and beyond,…
Parker Hannifin buys Gresen Hydraulics from Dana
WEB1 February 2000. Hot on the heels of its recent acquisition of Commercial Intertech, Parker Hannifin has announced that it is buying Gresen Hydraulic from the Dana Corporation for an undisclosed sum. US-based Gresen makes hydraulic pumps, motors, cylinders, valves, filters and controls for use in vehicles. It employs nearly 1,000 people and had ...
Siemens PLC vulnerability is cyber-attackers’ ‘holy grail’
WEBJun 1, 2021 · access claroty code cyber memory. Cyber-researchers have found a vulnerability in Siemens’ Simatic S7-1200 and S7-1500 PLCs that could give attackers read and write access anywhere on the PLC, allowing them to execute malicious code remotely. The researchers at Claroty describe such unrestricted …
Chinese automation giant pushes into Europe - Drives&Controls
WEBNov 21, 2022 · The Chinese automation and drives manufacturer Inovance is making a big push into the European market, spearheaded by its first public outing at the recent SPS show in Germany. Although its name may not be well-known outside China, the company already claims to be the world’s fifth-largest servodrive manufacturer and its …
Nidec completes $1.2bn takeover of Emerson units
WEBFeb 1, 2017 · UPDATED: The Japanese motor manufacturer Nidec has completed its $1.2bn purchase of Emerson Electric’s motors, drives and power generation businesses – principally, the Welsh drives-maker Control Techniques and the French motor manufacturer, Leroy-Somer. Nidec predicts that the deal will accelerate its growth and help it to meet a mid-term goal of achieving two trillion yen
Motor-maker Parvalux opens new £30m HQ in Poole
WEBJan 2, 2024 · The UK motors and gearboxes manufacturer, Parvalux, has officially opened a new £30m headquarters building in Poole, Dorset, which brings together operations which were previously spread across three sites. The company, which was acquired by the Swiss motor-maker maxon in 2018, is hoping to double in …
Mitsubishi and Rockwell set up automation plants in India
WEBMay 8, 2024 · Mitsubishi has just opened a plant in Maharashtra state that will produce inverters and other automation products, while Rockwell plans to open a manufacturing facility in Chennai in the first half of 2025, which is expected to employ around 230 people by the end of the year. Mitsubishi’s 2.2bn rupee ($26.3m) facility near Pune, will expand ...
Siemens large motors and drives will be reborn as Innomotics
WEBMar 1, 2023 · Siemens has revealed that its new large motors and drives company will be called Innomotics and will operate as a legally separate company, with headquarters in Nuremberg, from 1 July, 2023.Last November, Siemens announced plans to combine several businesses in its motors and drives portfolio to create the new company which will have about 14,000.
Solid-state breakers could open up novel DC applications
WEBNov 27, 2023 · The first IEC 60947-2 certified semiconductor-based circuit-breaker will open up novel DC network applications. The use of DC (direct current) in industry promises new ways to simplify the integration of renewable energy and battery technologies, and to increase energy efficiencies. But, despite its potential attractions, DC is not widely used ...
‘Virtual PLCs’ will turn factories into software systems
WEBJun 6, 2022 · A German company has developed a “virtual PLC” technology that decouples real-time control from proprietary hardware, allowing automation engineers to manage PLCs from suppliers such as Siemens, Bosch Rexroth and Beckhoff like cloud-based software systems. Software Defined Automation (SDA) says that its industrial-control-as-a-service model will break up proprietary silos in control ...