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LEADERSHIP AND STRATEGY

Trillium Flow Technologies announces the acquisition of Termomeccanica Pompe

Trillium Flow Technologies | January 20, 2022

On January 19, Trillium Flow Technologies ("Trillium") and Termomeccanica Pompe S.p.A. ("Termomeccanica Pompe") inked a partnership agreement to merge the Termomeccanica Pompe, Gabbioneta Pumps, and Begemann brands in Italy under the Trillium banner. We believe that the deal will conclude in about three to four months, subject to the usual regulatory clearances. Following the sale, Termomeccanica will focus on the ecological and gas compression sectors, which are served by its subsidiaries, TME and TMIC.

Termomeccanica Pompe has been manufacturing pumps for almost a century, providing revolutionary engineering pumps and global service solutions to the power, desalination, water transmission, and oil & gas industries. Additionally, Termomeccanica Pompe has comprehensive after-sales service capabilities that enable the company to provide end customers with dependable, efficient, fast, and all-inclusive rotating equipment help.

Trillium Flow Technologies, a portfolio business of First Reserve, is committed to assisting customers enthusiastically by offering performance-engineered products and services that aid in meeting the mission-critical demands of today's ever-changing environment. With our Gabbioneta, Floway, WEMCO1, WSP, and Roto-Jet Pump portfolios, Termomeccanica Pompe's products and services uniquely position Trillium to provide clients with a comprehensive choice of complementary pump products, technical support, and aftermarket services.

 "The acquisition will create a much larger Italian engineered pump manufacturer by combining two strong legacy brands with a highly complementary product portfolio, installed base, and service capabilities. As a result, the joint entity will be best positioned to support our local and international customers more comprehensively and impactful."

-Paolo Macchi, Managing Director of Gabbioneta Pumps,

Edoardo Garibotti, Managing Director of Termomeccanica Pompe, declared: I fully support the project that brings together some of the best skills in the sector.

 "Termomeccanica Pompe and Gabbioneta have incredibly talented people, highly engineered yet different offerings, and extensive manufacturing and testing capabilities. Bringing these businesses together will create significant value for our customers and other stakeholders. Further, joining these two businesses aligns perfectly with our M&A strategy and demonstrates our ongoing efforts and commitment to building a leading flow technology company that offers highly engineered products and provides extensive aftermarket support and solutions."

-David Paradis, CEO of Trillium Flow Technologies

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Honeywell Improves Its Supply Chain and Manufacturing Processes with the Snowflake Data Cloud

As a 100-plus-year-old global company, Honeywell had a legacy architecture with numerous siloed databases, which it knew it needed to break down in order to effectively manage its inventory, manufacturing processes, and supply chains across its many business units spread across the globe. To tackle that challenge, Honeywell selected Snowflake as the core platform to bring all its data together into one, centralized, single source of truth. Now, according to Honeywell’s Chief Digital Technology Officer Sheila Jordan, the company is able to integrate all data, including from ERP systems, Salesforce, supply chain databases, and more within Snowflake where it can be analyzed to create actionable insights for the business.

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MANUFACTURING TECHNOLOGY

Peachtree Packaging & Display Adds Barberan Jetmaster Digital Printer

Prnewswire | May 10, 2023

Peachtree Packaging & Display is thrilled to announce the addition of a Barberan Jetmaster to its printing infrastructure. As a plateless printer, the Series 1750 2.0 digital printer expands Peachtree's capacity for short-run and custom jobs that achieve litho-like print quality in record time. Coupled with Peachtree's Gopfert Evolution and other equipment, the addition offers customers unparalleled digital printing quality and efficiency for their projects. The Spanish manufacturer of the Barberan Jetmaster Series 1750 calls the technology "A New Era" in digital printing due to its single-pass printing capabilities. The printer is entirely digital and plateless. The elimination of plates in the process significantly reduces the cost of small or mid-volume jobs and shortens the time to complete projects. The new printer allows for a new level of customization. Art changes are controlled digitally and can be changed at any time. In addition, the printer has two streams where multiple project versions can be produced in-line on the same structure with no changeover and a max sheet size of 63.5 inches by 118 inches. Also, Peachtree's Barberan is currently the world's only printer with an in-line, post-print coating attachment. The color gamut of the Barberan Jetmaster is unparalleled in its range and quality. Projects have litho-like print quality due to advanced Pantone color matching and an extended color gamut. The Barberan prints images at an exceptional 600 DPI image resolution. The use of UV inks with LED curing ensures the correct size of each droplet, eliminating dot expansion and color mixing. Products also receive UV LED curing with gloss or satin finish flexibility. The system further ensures image integrity while reducing production time and energy consumption. "Industry leaders must have industry-leading technology. We chose Barberan for a reason. Our mission as a company is to provide world-class packaging and print solutions. Our brand identity is built on protecting the integrity of other company brands," said Chad Wagner, president and CEO of Peachtree Packaging. The Barberan Jetmaster meets the highest standards for green manufacturing, producing less than two percent waste. The addition of the Barberan Jetmaster to Peachtree Packaging & Display's infrastructure furthers its goals of housing the best technology and solutions for its packaging and display customers. In 2018, Peachtree added a Gopfert 5-Color Dual-Die Cutting Press to its production line. The Gopfert is considered a best-in-class flexographic printer, allowing Peachtree to produce 10,000 full-size sheets per hour and more than 150 million square feet per year. About Barberan BARBERAN, S.A., founded in 1929, is a family owned enterprise that manufactures industrial surface finishing machinery.We design and manufacture machines to improve productivity in manufacturing processes of the furniture, construction, decoration and packaging industries. Our business is structured in 4 divisions: lamination, wrapping, lacquering and digital printing.We export 85% of our production and therefore our machinery is present in factories located in more than 60 countries of all 5 continents. About Peachtree Packaging & Display Headquartered in Lawrenceville, Ga., Peachtree Packaging & Display is an award-winning, world-class packaging, display and print solutions manufacturer. The core focus of Peachtree's brand is to produce products that showcase and uphold the high standards of the brands they work with and represent.

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ADDITIVE MANUFACTURING

UltiMaker Unveils Brand Transformation, Spotlights 3D Printing Solutions for Manufacturing Professionals and Educators

Prnewswire | May 03, 2023

UltiMaker, a global leader in desktop 3D printing, today announced the reformation of its brands following the merger of Ultimaker and MakerBot last year. The new brand identity reflects the company's strategic vision to drive adoption of desktop 3D printing solutions, and introduces a new product architecture. UltiMaker's brand mission is to shape the future of manufacturing and product development, offering customers excellent solutions and services for 3D printing across the globe. The new brand builds on the combined strengths of both companies' legacies, ensuring existing and future customers are fully supported, as it continues to build the world's leading 3D printing ecosystem—which promises to enable limitless innovation across industrial sectors. Under the UltiMaker brand, the S and Method series 3D printers will support manufacturing, product development and other professional applications. As one of the world's most popular professional 3D printers, the S series will continue to offer the widest variety of materials on the market, making it flexible for a multitude of uses, while the Method series will focus on more specific manufacturing applications that can benefit from access to a heated chamber, specialty high thermoplastics materials, and a high level of dimensional accuracy. Meanwhile, the MakerBot brand will remain operational as a sub-brand within the education sector, with the MakerBot Sketch series targeted at K-12 learning. The launch of the Sketch Large last year strengthened MakerBot's offerings for educators and students, with a comprehensive education ecosystem that they can utilize. The new brand architecture is designed to ensure that customers can easily find the products and applications which are most suitable for their needs. "Our new brand reflects the combined strength of the two companies that brought us here. By bringing together the best of both worlds, we are better equipped to deliver on our vision and continue to lead the 3D printing industry and empower more innovators to bring their ideas to life," says Nadav Goshen, UltiMaker CEO. "Over the last few months, a lot of careful thought has gone into this exciting opportunity to decide on the direction of our brand's future. Our customers remain at the core of our decisions, and we're excited to unveil the result of UltiMaker's brand journey." About UltiMaker UltiMaker is a global leader in the 3D printing industry with the mission to accelerate the adoption of additive manufacturing by providing a comprehensive desktop 3D printing ecosystem of hardware, software, and materials. UltiMaker combines two of the leading desktop 3D printing brands – Ultimaker and MakerBot – to advance the availability of accessible and easy-to-use 3D printing solutions for any application, while inspiring the industry to a future state of responsible and sustainable manufacturing. Ultimaker is a trademark or registered trademark of UltiMaker B.V. MakerBot is a trademark or registered trademark of MakerBot Industries, LLC. All other trademarks are the property of their respective owners.

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MANUFACTURING TECHNOLOGY

Siemens and Microsoft drive industrial productivity with generative artificial intelligence

Prnewswire | April 13, 2023

Siemens and Microsoft are harnessing the collaborative power of generative artificial intelligence (AI) to help industrial companies drive innovation and efficiency across the design, engineering, manufacturing and operational lifecycle of products. To enhance cross-functional collaboration, the companies are integrating Siemens' Teamcenter® software for product lifecycle management (PLM) with Microsoft's collaboration platform Teams and the language models in Azure OpenAI Service as well as other Azure AI capabilities. At Hannover Messe, the two technology leaders will demonstrate how generative AI can enhance factory automation and operations through AI-powered software development, problem reporting and visual quality inspection. "The integration of AI into technology platforms will profoundly change how we work and how every business operates," said Scott Guthrie, executive vice president, Cloud + AI, Microsoft. "With Siemens, we are bringing the power of AI to more industrial organizations, enabling them to simplify workflows, overcome silos and collaborate in more inclusive ways to accelerate customer-centric innovation." Connecting shop floor workers with teams across business functions through AI-powered collaborative apps With the new Teamcenter app for Microsoft Teams, anticipated later in 2023, the companies are enabling design engineers, frontline workers and teams across business functions to close feedback loops faster and solve challenges together. For example, service engineers or production operatives can use mobile devices to document and report product design or quality concerns using natural speech. Through Azure OpenAI Service, the app can parse that informal speech data, automatically creating a summarized report and routing it within Teamcenter to the appropriate design, engineering or manufacturing expert. To foster inclusion, workers can record their observations in their preferred languages which is then translated into the official company language with Microsoft Azure AI. Microsoft Teams provides user-friendly features like push notifications to simplify workflow approvals, reduce the time it takes to request design changes and speed up innovation cycles. The Teamcenter app for Microsoft Teams can enable millions of workers who do not have access to PLM tools today to impact the design and manufacturing process more easily as part of their existing workflows. Keeping factories running with AI-powered automation software engineering Siemens and Microsoft are also collaborating to help software developers and automation engineers accelerate the code generation for Programmable Logic Controllers (PLC), the industrial computers that control most machines across the world's factories. At Hannover Messe, the companies are demonstrating a concept for how OpenAI's ChatGPT and other Azure AI services can augment Siemens' industrial automation engineering solutions. The showcase will highlight how engineering teams can significantly reduce time and the probability of errors by generating PLC code through natural language inputs. These capabilities can also enable maintenance teams to identify errors and generate step-by-step solutions more quickly. "Powerful, advanced artificial intelligence is emerging as one of the most important technologies for digital transformation," said Cedrik Neike, Member of the Managing Board of Siemens AG and CEO Digital Industries. "Siemens and Microsoft are coming together to deploy tools like ChatGPT so we can empower workers at enterprises of all sizes to collaborate and innovate in new ways." Finding and preventing product defects with industrial AI Detecting defects in production early is critical to prevent costly and time-consuming production adjustments. Industrial AI like computer vision enables quality management teams to scale quality control, identify product variances easier and make real-time adjustments even faster. In Hanover, teams will demonstrate how, using Microsoft Azure Machine Learning and Siemens' Industrial Edge, images captured by cameras and videos can be analyzed by machine learning systems and used to build, deploy, run and monitor AI vision models on the shop floor. This collaboration is part of the longstanding strategic relationship between Siemens and Microsoft, built on over 35 years of joint innovation with thousands of customers. Other areas of collaboration include Senseye on Azure, enabling companies to run predictive maintenance at enterprise scale and support for customers that seek to host their business applications in the Microsoft Cloud to run solutions from the Siemens Xcelerator open digital business platform, including Teamcenter, on Azure. Siemens is also partnering with Microsoft as part of its zero trust strategy. About Siemens AG Siemens AG (Berlin and Munich) is a technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power. In fiscal 2022, which ended on September 30, 2022, the Siemens Group generated revenue of €72.0 billion and net income of €4.4 billion. As of September 30, 2022, the company had around 311,000 employees worldwide. About Siemens Digital Industries (DI) Siemens Digital Industries (DI) is an innovation leader in automation and digitalization. Closely collaborating with partners and customers, DI drives the digital transformation in the process and discrete industries. With its Digital Enterprise portfolio, DI provides companies of all sizes with an end-to-end set of products, solutions and services to integrate and digitalize the entire value chain. Optimized for the specific needs of each industry, DI's unique portfolio supports customers to achieve greater productivity and flexibility. DI is constantly adding innovations to its portfolio to integrate cutting-edge future technologies. Siemens Digital Industries has its global headquarters in Nuremberg, Germany, and has around 76,000 employees internationally.

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MANUFACTURING TECHNOLOGY

Peachtree Packaging & Display Adds Barberan Jetmaster Digital Printer

Prnewswire | May 10, 2023

Peachtree Packaging & Display is thrilled to announce the addition of a Barberan Jetmaster to its printing infrastructure. As a plateless printer, the Series 1750 2.0 digital printer expands Peachtree's capacity for short-run and custom jobs that achieve litho-like print quality in record time. Coupled with Peachtree's Gopfert Evolution and other equipment, the addition offers customers unparalleled digital printing quality and efficiency for their projects. The Spanish manufacturer of the Barberan Jetmaster Series 1750 calls the technology "A New Era" in digital printing due to its single-pass printing capabilities. The printer is entirely digital and plateless. The elimination of plates in the process significantly reduces the cost of small or mid-volume jobs and shortens the time to complete projects. The new printer allows for a new level of customization. Art changes are controlled digitally and can be changed at any time. In addition, the printer has two streams where multiple project versions can be produced in-line on the same structure with no changeover and a max sheet size of 63.5 inches by 118 inches. Also, Peachtree's Barberan is currently the world's only printer with an in-line, post-print coating attachment. The color gamut of the Barberan Jetmaster is unparalleled in its range and quality. Projects have litho-like print quality due to advanced Pantone color matching and an extended color gamut. The Barberan prints images at an exceptional 600 DPI image resolution. The use of UV inks with LED curing ensures the correct size of each droplet, eliminating dot expansion and color mixing. Products also receive UV LED curing with gloss or satin finish flexibility. The system further ensures image integrity while reducing production time and energy consumption. "Industry leaders must have industry-leading technology. We chose Barberan for a reason. Our mission as a company is to provide world-class packaging and print solutions. Our brand identity is built on protecting the integrity of other company brands," said Chad Wagner, president and CEO of Peachtree Packaging. The Barberan Jetmaster meets the highest standards for green manufacturing, producing less than two percent waste. The addition of the Barberan Jetmaster to Peachtree Packaging & Display's infrastructure furthers its goals of housing the best technology and solutions for its packaging and display customers. In 2018, Peachtree added a Gopfert 5-Color Dual-Die Cutting Press to its production line. The Gopfert is considered a best-in-class flexographic printer, allowing Peachtree to produce 10,000 full-size sheets per hour and more than 150 million square feet per year. About Barberan BARBERAN, S.A., founded in 1929, is a family owned enterprise that manufactures industrial surface finishing machinery.We design and manufacture machines to improve productivity in manufacturing processes of the furniture, construction, decoration and packaging industries. Our business is structured in 4 divisions: lamination, wrapping, lacquering and digital printing.We export 85% of our production and therefore our machinery is present in factories located in more than 60 countries of all 5 continents. About Peachtree Packaging & Display Headquartered in Lawrenceville, Ga., Peachtree Packaging & Display is an award-winning, world-class packaging, display and print solutions manufacturer. The core focus of Peachtree's brand is to produce products that showcase and uphold the high standards of the brands they work with and represent.

Read More

ADDITIVE MANUFACTURING

UltiMaker Unveils Brand Transformation, Spotlights 3D Printing Solutions for Manufacturing Professionals and Educators

Prnewswire | May 03, 2023

UltiMaker, a global leader in desktop 3D printing, today announced the reformation of its brands following the merger of Ultimaker and MakerBot last year. The new brand identity reflects the company's strategic vision to drive adoption of desktop 3D printing solutions, and introduces a new product architecture. UltiMaker's brand mission is to shape the future of manufacturing and product development, offering customers excellent solutions and services for 3D printing across the globe. The new brand builds on the combined strengths of both companies' legacies, ensuring existing and future customers are fully supported, as it continues to build the world's leading 3D printing ecosystem—which promises to enable limitless innovation across industrial sectors. Under the UltiMaker brand, the S and Method series 3D printers will support manufacturing, product development and other professional applications. As one of the world's most popular professional 3D printers, the S series will continue to offer the widest variety of materials on the market, making it flexible for a multitude of uses, while the Method series will focus on more specific manufacturing applications that can benefit from access to a heated chamber, specialty high thermoplastics materials, and a high level of dimensional accuracy. Meanwhile, the MakerBot brand will remain operational as a sub-brand within the education sector, with the MakerBot Sketch series targeted at K-12 learning. The launch of the Sketch Large last year strengthened MakerBot's offerings for educators and students, with a comprehensive education ecosystem that they can utilize. The new brand architecture is designed to ensure that customers can easily find the products and applications which are most suitable for their needs. "Our new brand reflects the combined strength of the two companies that brought us here. By bringing together the best of both worlds, we are better equipped to deliver on our vision and continue to lead the 3D printing industry and empower more innovators to bring their ideas to life," says Nadav Goshen, UltiMaker CEO. "Over the last few months, a lot of careful thought has gone into this exciting opportunity to decide on the direction of our brand's future. Our customers remain at the core of our decisions, and we're excited to unveil the result of UltiMaker's brand journey." About UltiMaker UltiMaker is a global leader in the 3D printing industry with the mission to accelerate the adoption of additive manufacturing by providing a comprehensive desktop 3D printing ecosystem of hardware, software, and materials. UltiMaker combines two of the leading desktop 3D printing brands – Ultimaker and MakerBot – to advance the availability of accessible and easy-to-use 3D printing solutions for any application, while inspiring the industry to a future state of responsible and sustainable manufacturing. Ultimaker is a trademark or registered trademark of UltiMaker B.V. MakerBot is a trademark or registered trademark of MakerBot Industries, LLC. All other trademarks are the property of their respective owners.

Read More

MANUFACTURING TECHNOLOGY

Siemens and Microsoft drive industrial productivity with generative artificial intelligence

Prnewswire | April 13, 2023

Siemens and Microsoft are harnessing the collaborative power of generative artificial intelligence (AI) to help industrial companies drive innovation and efficiency across the design, engineering, manufacturing and operational lifecycle of products. To enhance cross-functional collaboration, the companies are integrating Siemens' Teamcenter® software for product lifecycle management (PLM) with Microsoft's collaboration platform Teams and the language models in Azure OpenAI Service as well as other Azure AI capabilities. At Hannover Messe, the two technology leaders will demonstrate how generative AI can enhance factory automation and operations through AI-powered software development, problem reporting and visual quality inspection. "The integration of AI into technology platforms will profoundly change how we work and how every business operates," said Scott Guthrie, executive vice president, Cloud + AI, Microsoft. "With Siemens, we are bringing the power of AI to more industrial organizations, enabling them to simplify workflows, overcome silos and collaborate in more inclusive ways to accelerate customer-centric innovation." Connecting shop floor workers with teams across business functions through AI-powered collaborative apps With the new Teamcenter app for Microsoft Teams, anticipated later in 2023, the companies are enabling design engineers, frontline workers and teams across business functions to close feedback loops faster and solve challenges together. For example, service engineers or production operatives can use mobile devices to document and report product design or quality concerns using natural speech. Through Azure OpenAI Service, the app can parse that informal speech data, automatically creating a summarized report and routing it within Teamcenter to the appropriate design, engineering or manufacturing expert. To foster inclusion, workers can record their observations in their preferred languages which is then translated into the official company language with Microsoft Azure AI. Microsoft Teams provides user-friendly features like push notifications to simplify workflow approvals, reduce the time it takes to request design changes and speed up innovation cycles. The Teamcenter app for Microsoft Teams can enable millions of workers who do not have access to PLM tools today to impact the design and manufacturing process more easily as part of their existing workflows. Keeping factories running with AI-powered automation software engineering Siemens and Microsoft are also collaborating to help software developers and automation engineers accelerate the code generation for Programmable Logic Controllers (PLC), the industrial computers that control most machines across the world's factories. At Hannover Messe, the companies are demonstrating a concept for how OpenAI's ChatGPT and other Azure AI services can augment Siemens' industrial automation engineering solutions. The showcase will highlight how engineering teams can significantly reduce time and the probability of errors by generating PLC code through natural language inputs. These capabilities can also enable maintenance teams to identify errors and generate step-by-step solutions more quickly. "Powerful, advanced artificial intelligence is emerging as one of the most important technologies for digital transformation," said Cedrik Neike, Member of the Managing Board of Siemens AG and CEO Digital Industries. "Siemens and Microsoft are coming together to deploy tools like ChatGPT so we can empower workers at enterprises of all sizes to collaborate and innovate in new ways." Finding and preventing product defects with industrial AI Detecting defects in production early is critical to prevent costly and time-consuming production adjustments. Industrial AI like computer vision enables quality management teams to scale quality control, identify product variances easier and make real-time adjustments even faster. In Hanover, teams will demonstrate how, using Microsoft Azure Machine Learning and Siemens' Industrial Edge, images captured by cameras and videos can be analyzed by machine learning systems and used to build, deploy, run and monitor AI vision models on the shop floor. This collaboration is part of the longstanding strategic relationship between Siemens and Microsoft, built on over 35 years of joint innovation with thousands of customers. Other areas of collaboration include Senseye on Azure, enabling companies to run predictive maintenance at enterprise scale and support for customers that seek to host their business applications in the Microsoft Cloud to run solutions from the Siemens Xcelerator open digital business platform, including Teamcenter, on Azure. Siemens is also partnering with Microsoft as part of its zero trust strategy. About Siemens AG Siemens AG (Berlin and Munich) is a technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power. In fiscal 2022, which ended on September 30, 2022, the Siemens Group generated revenue of €72.0 billion and net income of €4.4 billion. As of September 30, 2022, the company had around 311,000 employees worldwide. About Siemens Digital Industries (DI) Siemens Digital Industries (DI) is an innovation leader in automation and digitalization. Closely collaborating with partners and customers, DI drives the digital transformation in the process and discrete industries. With its Digital Enterprise portfolio, DI provides companies of all sizes with an end-to-end set of products, solutions and services to integrate and digitalize the entire value chain. Optimized for the specific needs of each industry, DI's unique portfolio supports customers to achieve greater productivity and flexibility. DI is constantly adding innovations to its portfolio to integrate cutting-edge future technologies. Siemens Digital Industries has its global headquarters in Nuremberg, Germany, and has around 76,000 employees internationally.

Read More

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