Lean Manufacturing
Allient Inc. | January 15, 2024
Allient Inc. a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, today announced the acquisition of SNC Manufacturing Co., Inc. (“SNC”), a premier designer and global manufacturer of electrical transformers serving blue-chip customers in defense, industrial automation, alternative power generation and energy, including electric utilities and renewable energy. SNC’s offerings are complementary to Allient’s current power quality capabilities while also providing needed incremental, low-cost manufacturing capacity. SNC will become a Technology Unit of Allient within the Allied Power Technology Pillar and will report to Ashish Bendre, Corporate VP and Group President.
Richard S. Warzala, Chairman, President and CEO of Allient, commented, “SNC is a solid addition to our Allied Power pillar. In addition to extending our capabilities in the clean power industry, SNC will provide us broader and deeper reach into industrial automation, defense, medical and in the energy and alternative energy markets. The business will also provide expanded opportunities to leverage sales channels and, additionally, we will gain much-needed manufacturing capacity and expertise to further grow our power quality business. And lastly, we are confident that through the utilization of Allient Systematic Tools we are in a good position to leverage our expertise to drive productivity and margin improvements over time.
“We are honored that John Vette III, selected Allient to carry the legacy of SNC forward after owning and leading the Company for 50+ years. John has built a strong leadership team and Jim Koepke the current President and COO of SNC will continue to lead SNC under Allient as the VP and General Manager of the Technology Unit. Jim will report directly to Ashish Bendre. We are confident that under the leadership of Ashish and Jim, the opportunities for Allied Power with this new addition will be greatly accelerated. We welcome the leadership team and the entire SNC workforce to the Allient family and we look forward to continued growth and success in the future.”
Founded in 1946, SNC is headquartered in Oshkosh, Wisconsin with approximately 440 employees in three locations. With approximately $40 million in revenue for the trailing twelve months, the business has other manufacturing facilities in Mexico and China. SNC’s leadership team will be staying with the business.
About Allient Inc.
Allient is a global engineering and manufacturing enterprise that develops solutions to drive the future of market-moving industries, including medical, life sciences, aerospace and defense, industrial automation, robotics, semi-conductor, transportation, agriculture, construction and facility infrastructure. A family of globally responsible companies, Allient takes a One-Team approach to “Connect What Matters” and provides the most robust, reliable, and high-value products and systems by utilizing its core Motion, Controls, and Power technologies and platforms.
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Robotics and Automation
Kardex | January 25, 2024
Kardex has agreed a strategic partnership with Addverb in the area of intralogistics software. Addverb is a leading global robotics and warehouse automation company based in India. The cooperation combines Kardex's expertise in the area of compact storage systems with Addverb's outstanding warehouse management technology. Addverb's highly innovative warehouse management system is based on a modern microservices architecture and fully operable in the cloud.
The partnership between Kardex and Addverb enables an integrated and efficient solution package with the latest technologies in the area of warehouse management and automation. The overall package of Addverb software and Kardex storage systems offers seamlessly integrated and optimized storage processes for companies of all sizes in all industries.
Addverb's warehouse management solution is based on a microservices architecture that makes it seamlessly scalable and extremely flexible. In addition to which it features a user-friendly interface that eases the implementation and administration. With its algorithms optimizing the handling of resources and materials, the Addverb system ensures optimized workflows and greater productivity. The cloud-based architecture meanwhile guarantees global access and real-time data for optimal decision-making with the highest possible security standards.
The partnership between Kardex and Addverb is an important step forward in the advancement and innovation of warehouse management technologies. Both companies are convinced that their joint effort will contribute to boosting the efficiency and agility of companies worldwide.
"Thanks to the partnership with Addverb, we are able to offer our clients one of the most advanced warehouse management solutions for highly efficient storage. The combination of our technologies will set new standards in the integration of logistics systems" emphasizes Dr. Volker Jungbluth, Head of Corporate Technology at Kardex.
The strategic partnership enables extensive synergies between the two companies. "Together with Kardex, we will be able to offer our clients first-class solutions that will revolutionize their warehousing processes and make them more competitive", says Pieter Feenstra, CEO Addverb EMEA.
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3D Printing
Align Technology, Inc. | January 04, 2024
Align Technology, Inc. a leading global medical device company that designs, manufactures, and sells the Invisalign® system of clear aligners, iTero™ intraoral scanners, and exocad™ CAD/CAM software for digital orthodontics and restorative dentistry, today announced that it has completed the acquisition of privately-held Cubicure GmbH, a pioneer in direct 3D printing solutions for polymer additive manufacturing that develops, produces, and distributes innovative materials, equipment, and processes for novel 3D printing solutions.
The acquisition of Cubicure will support and scale Align’s strategic innovation roadmap and strengthen the Align Digital Platform™. Cubicure will also extend and scale Align’s printing, materials, and manufacturing capabilities for our 3D printed product portfolio which now includes the Invisalign® Palatal Expander system, Align’s first direct 3D printed orthodontic device and a safe, comfortable, and clinically effective* alternative to traditional palatal expanders. Cubicure’s patented Hot Lithography technology uses a special heating and coating mechanism that enables the processing of highly viscous resins to produce particularly tough and temperature-resistant polymers. This high precision 3D printing process facilitates the unprecedented additive manufacturing of resilient components with an astonishing first of its kind material quality performance.
Commenting on today’s announcement, Joe Hogan, Align Technology president and CEO said, “The acquisition of Cubicure brings a talented team and unique cutting-edge technology into Align and will enable us to scale our 3D printing operations to eventually direct print millions of custom appliances per day. Direct 3D printing enables Align to create 3D printed solutions without the added step of first creating a mold, making 3D printing more sustainable and efficient. I am excited to take this important step in our relationship with Cubicure, which began several years ago as a joint development program.”
“Align has invested billions of dollars on innovation over the past 27 years, including next-generation 3D printing technologies to process high-performance polymers,” said Srini Kaza, Align senior vice president, product research & development. “We’ve been working with Cubicure for years and I am thrilled that they are now officially employees of Align and members of our R&D organization. We're at the beginning of this next wave of direct 3D printing additive manufacturing and I believe we're poised to transform the orthodontic industry again with our unprecedented ability to direct print devices.”
The acquisition closed on January 2, 2024, for approximately €79 million subject to final closing adjustments and adjustments for Align’s existing ownership of capital stock of Cubicure.
Based on a survey in August 2023 in Canada of 10 Invisalign trained orthodontists who participated in the Invisalign Palatal Expander System Technical Design Assessment and have treated at least 1 patient age 6-11 years with IPE. Data on file at Align Technology, Inc. as of October 30, 2023.
About Align Technology, Inc.
Align Technology designs and manufactures the Invisalign® system, the most advanced clear aligner system in the world, iTero™ intraoral scanners and services, and exocad™ CAD/CAM software. These technology building blocks enable enhanced digital orthodontic and restorative workflows to improve patient outcomes and practice efficiencies for approximately 252 thousand doctor customers and are key to accessing Align’s 600 million consumer market opportunity worldwide. Over the past 26 years, Align has helped doctors treat over 16.4 million patients with the Invisalign system and is driving the evolution in digital dentistry through the Align Digital Platform™, our integrated suite of unique, proprietary technologies and services delivered as a seamless, end-to-end solution for patients and consumers, orthodontists and GP dentists, and lab/partners.
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