LEADERSHIP AND STRATEGY

Pharma Nobis, LLC Acquires Fagron's Contract Manufacturing Business and Manufacturing Facility, Appoints Todd Daviau CEO

Pharma Nobis | February 07, 2022

Pharma Nobis, LLC Acquires Fagron's
On February 4, an investment consortium led by Signet Healthcare Partners, Bionpharma, Inc., and GMS Capital Partners LLC announced the formation of Pharma Nobis, LLC to acquire Fagron's contract manufacturing business in the United States. Based in Texarkana, Texas, this business unit offers contract manufacturing and private-label services to consumer healthcare firms and retailers throughout the United States. Fagron will maintain a 20% stake in the company. The CEO of Pharma Nobis is Todd Daviau, a co-founder and former President and CEO of CoreRx, a well-known contract development, and manufacturing company. He has been named CEO of Pharma Nobis.

James Gale, Managing Director at Signet Healthcare Partners, noted, We are enthused about the opportunity to invest in this business. Fagron has developed into an outstanding company with a reputation as a cost-competitive manufacturer with a high service rating. We and our equity partners will seek to build on this capability and support the Pharma Nobis management team in growing their business.

"I appreciate the opportunity to work with the Signet investment team again and am excited about this opportunity to take Pharma Nobis to the next level in personal care manufacturing. We will seek to serve our customer base through reliable service and innovation."

-The CEO of Pharma Nobis is Todd Daviau

Along with Todd Daviau, James Gale, Dr. Theron Odlaug, Yezan Haddadin, and Andrew Pulido will join the company's Board of Directors, which was announced in conjunction with the acquisition. Dr. Odlaug is a seasoned executive in the pharmaceutical industry and a Signet Venture Partner. GMS Capital Partners LLC is led by Yezan Haddadin. Fagron North America is led by Andrew Pulido. Troutman Pepper served as the acquiring syndicate's legal counsel.

Spotlight

Delfoi Robotics, by Visual Components, is the World’s leading offline robot programming (OLP) technology for fast, accurate, and error-free programming of industrial robots. Use Delfoi OLP software to increase the robot utilization rate by over 90%.

This Robot and Process Independent simulation solution can be used for all kinds of robotic applications in Welding, Processing, and Coating.

Spotlight

Delfoi Robotics, by Visual Components, is the World’s leading offline robot programming (OLP) technology for fast, accurate, and error-free programming of industrial robots. Use Delfoi OLP software to increase the robot utilization rate by over 90%.

This Robot and Process Independent simulation solution can be used for all kinds of robotic applications in Welding, Processing, and Coating.

Related News

MANUFACTURING TECHNOLOGY

TPM Introduces State-of-the-Art Additive Manufacturing Lab in Greenville, SC

PR Newswire | June 02, 2023

TPM, a regional powerhouse in design and manufacturing solutions, today proudly unveils its innovative Additive Manufacturing Lab, a cutting-edge facility based in Greenville, SC. This state-of-the-art lab will serve as a regional demonstration center for industry-leading additive and 3D printing technology and provide outsourced 3D printed parts for the Southeast, underscoring TPM's unwavering dedication to fueling growth within the regional manufacturing sector. Equipped with state-of-the-art technologies from globally recognized manufacturers, including Markforged, HP, 3D Systems, Artec 3D, and AMT, TPM's new lab promises precision and quality. These resources position TPM to deliver exceptional services that embody efficiency and superior quality to its clientele. "Launching this newly renovated and enhanced additive lab is a key step as TPM accelerates growth in the manufacturing industry across the Southeastern region, providing the latest technology solutions to our clients." expressed Chris Fay, President of TPM. The lab's launch signifies a critical moment for the region's manufacturing prowess. It provides local manufacturing firms with tools to innovate faster, cut costs, and expedite time-to-market for their products. The Additive Manufacturing Lab comes to fruition in response to the burgeoning demand for 3D printing in the manufacturing industry. TPM's venture into this sphere reaffirms the company's faith in the transformative potential of additive manufacturing and its capacity to shape the trajectory of future production. This momentous announcement arrives at a critical juncture when manufacturers are actively exploring innovative avenues to refine their processes, bolster product quality, and maintain a competitive edge in a fast-paced, evolving marketplace. As TPM eagerly anticipates the possibilities this new lab will usher in, the company reaffirms its commitment to nurturing an ecosystem of innovation and growth for its valued partners. About TPMa TPM is dedicated to guiding manufacturing organizations through the journey of digital transformation by applying the latest software, hardware, and services, enabling people to maximize their potential, positioning companies for growth, and improving engineering processes.

Read More

MANUFACTURING TECHNOLOGY

MiR Features Latest Innovations in Autonomous Mobile Robots at Automate 2023

Businesswire | May 19, 2023

Mobile Industrial Robots (MiR), the global market leader in autonomous mobile robots (AMRs), will feature the company’s latest safe, flexible and cost-effective AMRs as well as advancements in fleet management software and artificial intelligence (AI) at Automate 2023 in Detroit May 22-25. Attendees can see MiR’s full range of AMRs for automating internal logistics in manufacturing and warehouse environments, experience how its new MiR Insights optimizes fleets of robots and hear about the role AI plays (or will soon play) in unlocking the value of AMRs for any operation. “Advancements in AMRs, from artificial intelligence to fleet management and data analysis capabilities, make the decision to automate or expand robot fleets to handle new applications easy while delivering increased efficiencies and faster ROI,” said Jane Heffner, director of sales, Americas. “Seeing our user-friendly and highly flexible robots in person—whether in limited motion at the booth or full out in the AMR Technology Demonstration booth—makes it clear how they can benefit nearly any organization. It’s what keeps our customers, especially some of the largest multinational enterprises worldwide, coming back for more AMRs to handle even more logistics applications within their facilities.” AMRs and how MiR Insights help optimize fleets In addition to AMRs at its booth (#4032), MiR will offer expanded demonstrations at the AMR Technology Demonstration Center (#450) May 22 from 1 p.m. to 1:30 p.m. and May 24 from 3:15 p.m. to 3:45 p.m. Featured AMRs include the MiR250, capable of transporting materials up to 250 kg (551 pounds), along with the MIR600 and MiR1350, the first IP52-rated AMRs designed for transporting heavy materials through challenging manufacturing and logistic warehouse environments. As demonstrated, MiR’s AMRs navigate smoothly and safely among people and other transport equipment in dynamic environments, even on busy trade show floor. Sensors, 3D cameras and the latest laser scanning technology ensure 360-degree vision for precise and safe navigation and operations. MiR will also feature, upon request, an in-depth video demonstration of the company’s newest software tools suite, MiR Insights, in operation at a customer facility. This cloud-based software tool enables fleet owners to track and analyze the operations of its robots and get actionable insights that can improve the robots’ performance. Key features include: Data dashboards: Monitors key performance indicators (KPIs) such as distance driven, completed missions, and robot utilization rate. Heatmaps: Tracks robot activity over both time and physical locations and visualizes areas with poor WiFi coverage and potential robot traffic bottlenecks. Learn how artificial intelligence accelerates AMR deployments With AI dominating the headlines, MiR chief architect, James Davidson, will share conference session on “AI for AMRs: A synergistic approach to unlocking the value of autonomous mobile robots for your operation.” Scheduled for Monday, May 22, from 2:30 p.m. to 3:15 p.m., in room 320 of the conference, Davidson will simplify the conversation around AI and zoom in specifically on the landscape of AMRs, highlighting how AI is (or soon will be) unlocking incremental value for a company’s operations. “Adopting AMRs into wide-scale operations is still in its infancy, and artificial intelligence could well be the critical component needed to accelerate adoption worldwide,” Davidson said. “While AI has developed into somewhat of an abstract and confusing ‘buzzword’ across all industries, the potential is. massive and wide-reaching, and real-world use cases with AMRs already demonstrate the benefits AI can offer.” Partners expand MiR AMR demonstrations across the show floor In addition to robots in MiR’s booth and the AMR Technology Demonstration Center, partners will feature MiR AMRs as part of their automation solution. MiR AMRs can be found in the following booths: Wauseon Machine (#4439) Alliance Automation (#200) GCG Automation (C&E) (#5520) Rhino (#3752) Motion AI (#1035) Humatics (#5415) Applied Automation (#4039) About Mobile Industrial Robots (MiR) MiR develops and manufactures one of the industry’s most advanced range of autonomous mobile robots (AMRs), which can quickly, easily, and cost-effectively automate internal logistics and optimize material handling. MiR offers one of the most advanced fleets of mobile robots used by both large enterprises and small and medium customers in a range of industries from manufacturing to logistics to healthcare. Founded in Denmark in 2013, MiR has grown to become a global leader with nearly 220 distributors and certified system integrators in 60 countries. MiR was acquired by Teradyne in 2018, and in 2022, Teradyne combined AutoGuide Mobile Robots with MiR to deliver a broad AMR product line from low to heavy payload. MiR’s headquarters is in Odense, Denmark, with regional offices in Holbrook, NY, San Diego, CA, North Reading, MA, Georgetown, KY, Singapore, Frankfurt, Barcelona, Tokyo, Seoul and Shanghai.

Read More

MANUFACTURING TECHNOLOGY

Utilidata Announces Michigan-based Manufacturing Partnership with Brooks Utility Products and Opening of Innovation Lab

Globenewswire | April 28, 2023

Utilidata, an industry leading grid-edge technology company, announced today a manufacturing partnership with Michigan-based Brooks Utility Products, a manufacturer of electric metering related products for over 150 years, to establish domestic manufacturing for its NVIDIA-powered smart grid chips in the heartland of the United States. Utilidata is also opening its innovation lab where research and development for its smart grid chips will take place. The partnership with Michigan-based Brooks Utility Products, will bring the product to full commercialization in 2023 with assembly, testing, and use of their meter socket adapter. Commercial-scale production will begin this spring to meet utility customer demand. Current utility customers utilizing Utilidata’s smart grid chips include Portland General Electric and Lake Placid Municipal Power. “Brooks is excited to work with Utilidata to bring new technology and innovation to the electric utility market,” said Robert Kiessling, Brooks Utility Products national marketing manager. “The grid needs technologies like the smart grid chip to become cleaner, more resilient, and decentralized. Coupling Utilidata’s innovative platform and smart chip technology with Brooks’ focus on safe and reliable products provides the optimal solution for a dynamically changing electrical grid.” Utilidata’s innovation lab is located in the Northern Brewery building in Ann Arbor, and serves as the company’s center of excellence for rapid prototyping and design. The facility is intended to build upon the company’s work with Ann Arbor-based Endectra, a University of Michigan spinout that prototyped the first several generations of the smart grid chip product. Utilidata will harness the talent from the University of Michigan and other local institutions as it begins to recruit for several immediate high-tech engineering jobs at its lab in Ann Arbor. “One of the biggest challenges electric utilities face is managing the rapid adoption of electric transportation, so there is no better place to be innovating than in Michigan at the intersection of the electric transportation, manufacturing, and clean energy industries,” said Josh Brumberger, Utilidata CEO. “The State of Michigan’s recent investments in technology innovation and workforce development combined with the research and talent of the University of Michigan and other local institutions made Ann Arbor a clear choice.” Utilidata’s smart grid chip is a distributed artificial intelligence (AI) platform that enhances resiliency of the electric grid, integrates distributed energy resources (DERs) — including solar, storage, and electric vehicles (EVs) — and accelerates the transition to a decarbonized grid. The platform, which is powered by NVIDIA’s accelerated computing and AI technology, collects and analyzes large amounts of granular data at the edge of the grid to provide utility distribution companies with enhanced visibility to seamlessly integrate more clean energy while also reducing power outages and enabling quicker storm recovery. About Brooks Utility Products Brooks Utility Products innovates, manufactures and supplies complete lines of metering related products for the utility industry. Brooks Utility Products, is the consolidated brand of E.J. Brooks Company, Meter Devices Co., and Ekstrom Industries. The company traces its beginnings to the founding of E.J. Brooks Company in 1873 as a lead toy manufacturer that quickly evolved into a lead wire seal manufacturer serving to secure the growing railcar and electric meter security markets. In addition to its 140 year history in meter seals and revenue protection Brooks has nearly 100 years of experience in producing test switches, enclosures, adapters, and utility test equipment through its Meter Devices and Ekstrom Industries brands. About Utilidata Utilidata is a technology company bringing distributed artificial intelligence (AI) to the edge of the electric grid to accelerate decarbonization and better serve utility customers. The company’s smart grid chip, powered by NVIDIA, is the utility industry’s first scalable distributed AI solution, and provides an open, scalable and future-proof platform for grid operations. For more information, visit utilidata.com.

Read More