Digital Dynamics

Stora Enso | July 21, 2020

Sales decreased by 18.9% to EUR 2 114 (2 608) million, due to lower deliveries and prices, as a result of the impact of the Covid-19 pandemic. Operational EBIT decreased to EUR 178 (299) million. The impact of lower sales was partly offset by good cost management. Operational EBIT margin was 8.4% (11.5%). Operating profit (IFRS) was EUR 226 (142) million. EPS was EUR 0.19 (0.08) and EPS excl. IAC and fair valuations was EUR 0.14 (0.27). Cash flow from operations amounted to EUR 363 (550) million...

Digital Transformation

Businesswire | August 18, 2023

Factbird established its first US office in mid-2022 with the vision of helping thousands of American facilities digitally transform. By making facilities more profitable through data, Factbird has helped customers save millions of dollars by reducing waste, identifying bottlenecks, and avoiding unnecessary IT projects. Among its current customers are top global pharmaceutical, food and beverage, and industrial solution companies, including Novo Nordisk, Grundfos, Danfoss, Royal Unibrew, a...

Manufacturing Technology

Eckhart | August 24, 2022

Arsenal Capital Partners ("Arsenal"), a private equity firm that specializes in investments in industrial growth and healthcare companies, today announced that it has completed an investment in Innovative Products & Equipment, Inc. ("Innovative"), which it will combine with Eckhart, Inc. ("Eckhart") to build a leading automation solutions provider serving highly complex applications in high-growth end markets. The terms of the Innovative acquisition were n...

Manufacturing Technology, Industrial 4.0

Embraer | July 01, 2022

Embraer has signed a contract with Toyota do Brasil to incorporate Toyota Production System (TPS) principles and concepts into its manufacturing operations. The initiative aims to reduce waste, improve operational efficiency, and generate more value for stakeholders. During the first phase of this collaboration, a team of Toyota Brazil TPS specialists will immerse themselves in Embraer's daily operations to evaluate and suggest improvements for the company's main manufactu...