AAR CORP | June 30, 2020
AAR CORP., a leading provider of aviation services to commercial and government operators worldwide, announced that it has entered into a definitive agreement to divest its aerospace composite manufacturing business after running a sale process that began earlier this year. The buyer is an affiliate of Architect Equity. The Composites business designs, fabricates and assembles composite aerospace products for customers in the commercial aerospace and defense industries.
“This divestiture is consistent with our multi-year strategy to focus our portfolio on our core services offerings. It will reduce complexity and allow us to further prioritize our efforts on our market-leading aviation aftermarket operations,” said John M. Holmes, President and Chief Executive Officer of AAR CORP.
The divestiture of the Composites business, which was unprofitable in fiscal year 2020, along with AAR’s previously announced cost reduction actions, are expected to drive meaningful margin improvement once demand recovers from the impact of COVID-19.
Ultimation | May 07, 2021
With the global industrial robot market expected to rise at a 9% annual pace to $75.84 billion by 2025, Ultimation Industries LLC is extending its Autonomous Mobile Robot (AMR) line-up to provide automated systems that allow businesses of all sizes to turn their facilities into fully integrated warehouses. For over 30 years, Ultimation has been a leader in conveyor technology and automation.
Ultimation has added warehouse robotics built by OTTO Motors of Kitchener, Ontario, Canada to their full line of material handling solutions. The addition of OTTO devices, according to Canny, is a good compliment to the company's newly announced strategic relationship with Denmark's Nord-Modules, which manufactures top modules for AMRs. These collaborations position Ultimation Industries as a one-stop-shop for the whole AMR kit.
The new OTTO 1500, available from Ultimation, is designed to transport pallet-scale loads weighing up to 4,000 lbs. autonomously through busy factories and warehouses. With a maximum speed of two meters per second (about 4.5 mph), the OTTO 1500 delivers more payload more quickly and efficiently than any other AMR in its class. Unlike manual pallet jacks and forklifts, the OTTO 1500 moves the heaviest payloads in complex conditions with speed, safety, and agility. It is most widely used to connect current automated processes, such as machining centers, welding cells, packaging cells, palletizers, or stretch wrappers.
Unlike automated guided vehicle (AGV) or cart (AGC) systems, which require a route or track to follow or use wires or lasers, warehouse robots read their environment using integrated sensors. Once an AMR has been assigned to a warehouse, it will move from point A to point B on a single order with no human intervention.
AMRs, when properly implemented, will also help increase the overall safety efficiency of a warehouse operation. AMRs can handle loads that humans cannot, and when equipped with the appropriate top module, they avoid the repetitive bending and stretching associated with loading and unloading. They are easy to incorporate, adaptable, and can be used to supplement current material handling systems without reconfiguring production lines or factory footprints.
Although warehouse robots provide tremendous flexibility, certain tasks, such as accumulating or buffering, are better suited to floor-mounted motor-driven roller conveyors or overhead control and free conveyors. “The optimal facility plan will take this into consideration and link material handling processes as an integrated whole,” Canny said.
Ultimation is the leading direct-to-consumer conveyor maker, specializing in resolving efficiency issues with quick-to-deploy solutions. The company develops, produces, and implements material handling equipment and has the capability of manufacturing automation components and subassemblies.
Ultimation Industries, LLC is a woman-owned industry leader in conveyor technology and automation. Ultimation, which was established in 1989, develops, manufactures, and installs machinery and equipment, automated devices, tire and wheel processing lines, and conveyor systems for customers all over the Americas. The firm has a line of proprietary automation systems and is also a Jervis Webb Conveyor Systems integrator. Ultimation's e-commerce channel offers conveyor equipment from Ultimation, Interroll, Itoh Denki, Jervis Webb, and other manufacturers. Ultimation was named one of the Inc. 5000's fastest-growing private businesses in America in 2020.
Burloak Technologies, Samuel, MDA | June 26, 2020
Burloak Technologies, a division of Samuel, Son & Co., Limited, and MDA today announced a five-year agreement to partner for additively manufactured parts and components for space-bound satellite antenna applications.
Under the terms of this agreement, Burloak and MDA will collaborate to optimize the design and manufacturability of a range of antenna technologies. The joint efforts accomplished to date by MDA and Burloak have led to an increased acceptance of additively manufactured parts for the harsh space environment, an outcome that is expected to yield significant benefits to both partners.
"With challenging technological needs, it's important that we find the right partner to help us fully leverage the potential of additive manufacturing for space applications. We're confident Burloak Technologies is the ideal supplier to continue supporting our efforts," said Mike Greenley, Chief Executive Officer of MDA. "This collaboration is a perfect example of partnerships that MDA develops under its LaunchPad program."