Altorfer Cat

IndustryWeek | February 28, 2020

Over the past two decades, low-cost manufacturing has transformed China and a group of other developing countries including Thailand and Vietnam. Manufacturing now makes up around 40% of China’s GDP, 26% of Thailand’s and 16% of Vietnam’s, playing a vital role in reducing poverty, expanding the middle class and fueling consumption. Now, it’s Africa’s turn. That will sound unlikely to the many people who see Africa as synonymous with extreme poverty, conflict and ins...

MANUFACTURING TECHNOLOGY

TriMech | December 06, 2021

TriMech, strategic technology partner to engineers and manufacturers across North America, announced today it has acquired InterPRO Additive Manufacturing Group. Terms of the transaction were not disclosed. TriMech is a portfolio company of The Halifax Group, a Washington, D.C.-based private equity investor. Based in Deep River, Connecticut, InterPRO provides industrial 3D printing services, urethane and silicone casting, and custom part fabr...

INNOVATION

Nucor Corporation | June 08, 2022

Nucor Corporation (NYSE: NUE) announced today that it has entered into an agreement to acquire Summit Utility Structures LLC and related company, Sovereign Steel Manufacturing LLC, producers of metal poles and other steel structures for utility infrastructure and highway signage. These companies will become part of a new business unit, Nucor Towers & Structures, serving the utility, transportation and telecommunication sectors. While the acquired companies are ideally suited to service the m...

MANUFACTURING TECHNOLOGY

Mitsubishi Electric US, Inc. | January 07, 2022

Mitsubishi Electric Corporation announced its HealthCam scanning technology, currently undergoing regulatory review, that performs touchless, line-of-sight monitoring of vital signs at the Consumer Electronics Show (CES). A working prototype of HealthCam enables individuals to stand in front of the camera scanner and see their current body temperature, respiration rate, blood oxygenation, and heart rate.HealthCam uses a combination of facial recognition and thermal detection technologies t...