Robotics and Automation
Business Wire | October 04, 2023
Rockwell Automation, Inc., the world’s largest company dedicated to industrial automation and digital transformation, today announced it completed its acquisition of Ontario, Canada-based Clearpath Robotics Inc., a leader in autonomous robotics, including autonomous mobile robots (AMRs) for industrial applications.
The acquisition includes Clearpath Robotics’ namesake research division, a leader in developing autonomous technology for the innovation market, and the industrial division OTTO Motors, which provides AMRs, the next frontier in industrial automation and transformation. Both divisions report to Rockwell’s Intelligent Devices operating segment.
“We are delighted to welcome the Clearpath Robotics and OTTO Motors teams to Rockwell,” said Blake Moret, Chairman and CEO, Rockwell Automation. “This acquisition marks a turning point for our customers around the world. Rockwell is simplifying and transforming the difficult yet critical function of material handling throughout the manufacturing plant with an end-to-end production logistics solution. Production logistics is key to optimizing operations across an entire facility and bringing the Connected Enterprise to life.”
OTTO Motors will be featured at Rockwell’s Automation Fair, the world’s premier industrial automation and digital transformation event, Nov. 6-9 in Boston, where customers will see first-hand the significant impact that AMRs will have on productivity and safety across operations.
According to Interact Analysis, the market for AMRs in manufacturing is expected to grow about 30% per year over the next five years, with an estimated market size of $6.2 billion by 2027. This acquisition is expected to contribute a percentage point to Rockwell’s fiscal year 2024 revenue growth.
“Not only do AMRs connect islands of automation; they are often one of the final major elements that help manufacturers achieve autonomous production logistics, enabling significant value creation for the manufacturer and their customers,” said Amar Mehta, EY Americas Strategy and Transactions Advanced Manufacturing Leader. “Rockwell is a leader in the key hardware, software, and services that are needed to integrate AMRs into a manufacturing plant. With this acquisition, Rockwell enhances its ability to take manufacturers on a full end-to-end digital transformation for their production environments."
About Rockwell Automation
Rockwell Automation, Inc., is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 28,000 problem solvers dedicated to our customers in more than 100 countries. To learn more about how we are bringing the Connected Enterprise to life across industrial enterprises.
OTTO Motors by Rockwell Automation
OTTO Motors by Rockwell Automation is a global leader in autonomous technology for material handling inside manufacturing and warehouse facilities. With over five million hours of production experience, OTTO autonomous mobile robots (AMRs) are trusted in mission-critical operations for some of the world’s most recognized brands. OTTO Motors was recognized as one of Fast Company’s Most Innovative Robotics Companies of 2023.
Clearpath Robotics by Rockwell Automation
Clearpath Robotics by Rockwell Automation is a global leader in unmanned vehicle robotics for research and development, and provides hardware, software, and services to enable mobile robotics product deployment and operation. Clearpath works with over 500 of the world’s most innovative brands in over 40 countries, serving markets that span mining, military, agriculture, aerospace, and academia. Clearpath was recognized as a Robotics Business Review’s RBR50 Robotics Innovation Awards 2023 Winner.
Read More
Manufacturing Technology
PR Newswire | September 29, 2023
Huntsman Corporation today launched its Technology Portal, a platform dedicated to engaging with innovators and manufacturers across the value chain. The cross-divisional initiative aims to facilitate and foster external collaborations, connecting minds and expertise from diverse sectors with Huntsman to unlock potential business opportunities.
"Collaboration is a key element of our innovation process at Huntsman," said Dr. David Hatrick, Vice President of Strategic Marketing and Innovation for Huntsman's Advanced Materials division. "Working with external partners, customers, and suppliers is very often the fastest route to developing and launching new products into the market. The skills needed for successful new products and applications are rarely held within one organization and the ability to partner is a critical capability for the future. The Huntsman Technology Portal will make it easier for external parties to propose and request new solutions, technologies and capabilities that could be jointly developed to create value for them and Huntsman."
Reflecting the company's commitment to deep collaborations, Huntsman Technology Portal offers two distinct cooperation routes for:
Innovation-driven Solutions: streamlined interface for innovators and entrepreneurs to share innovation challenges, problems to solve, and collaboration opportunities with Huntsman.
Manufacturing Solutions: contact hub for chemical manufacturers to explore tailored scale-up, industrialization, custom manufacturing, and other manufacturing solutions for their unique requirements.
"We are excited about the launch of the Technology Portal as it provides a new way to initiate collaboration to everyone's benefit," said Dr. Ralph Diguilio, Vice President of Global R&D for Huntsman's Performance Products division. "We can assure that all ideas submitted will be reviewed by a senior internal team established specifically for this purpose."
About Huntsman
Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated and specialty chemicals with 2022 revenues of approximately $8 billion from our continuing operations. Our chemical products number in the thousands and are sold worldwide to manufacturers serving a broad and diverse range of consumer and industrial end markets. We operate more than 60 manufacturing, R&D and operations facilities in approximately 30 countries and employ approximately 7,000 associates within our continuing operations.
Read More
Manufacturing Technology
Hyve Solutions | September 25, 2023
The SMT lines focus on manufacturing secure root of trust cards, security modules, Trusted Platform devices, and main system boards
The expansion supports US strategic priority of domestic manufacturing for secure components
It enables Hyve Solutions to respond quickly to market and customer demands
Hyve Solutions Corporation, a leading supplier of hyperscale digital infrastructures and a wholly owned subsidiary of TD SYNNEX Corporation, has just announced the opening of new Surface Mount Technology (SMT) lines that increase its production capabilities in the United States. These lines are part of Hyve Solutions Corporation's effort to expand its manufacturing capacity in the United States. This expansion strengthens Hyve's continuous commitment to providing clients with a secure supply chain by maximizing efficiency at the local level and reducing lead times.
The new SMT lines are equipped with advanced automated technologies and inspection processes to produce custom-built, high-quality motherboards in the US while reducing lead times for complex system boards. This investment in automation increases PCBA (Printed Circuit Board Assembly) capacity and reduces manufacturing cycle times.
President at Hyve Solutions, Steve Ichinaga, remarked,
“Expanding our in-country manufacturing capabilities underscores our commitment to better serve our customers. This investment leads to elevated production capacity and streamlined operations with a focus on secure supply chain, boosting our ability to respond quickly to changing market and customer demands.”
[Source: Business Wire]
The expansion of US manufacturing capabilities is significant for ensuring a secure supply chain, particularly for federal defense and intelligence agencies and companies that require high levels of supply chain security. Ensuring a secure supply chain for critical components is essential for public cloud providers and government agencies. Hyve Solutions' investment in US-based manufacturing with advanced automation technologies reinforces its commitment to secure supply chain practices.
Sarah Lin, VP of Supply Chain at Hyve Solutions, stated that the opening of the SMT operation boosts their Secure Supply Chain strategy. This investment in US-based automated lines tighten the supply chain, cut lead times, and provide best-in-class secure supply chain benefits to their customers.
The United States and its allies have made the production of secure root of trust (RoT) cards, security modules, and other Trusted Platform devices, including main system boards, a strategic priority. Assuring the security of the supply chain is essential for the public cloud and its users, especially Federal Defense and Intelligence agencies and businesses requiring a high and boosted level of supply chain security.
Read More