The global site of the UK's leading magazine for automation, motion engineering and power transmission
16 April, 2024

LinkedIn
Twitter
Twitter link
November News in Brief
Published:  01 November, 2011

♦  Siemens is building a factory in Chengdu, China, to produce high-end Simatic controllers and automation components from mid-2013. Initially covering around 3,000m2, the plant will mainly manufacture S7 PLCs. If demand grows, it could be expanded to 10,000m2 and could employ more than 1,000 people.

♦  In the year to April 2011, Lenze’s sales grew by 36% from €417m to €567m – the strongest growth in the company`s history – and its pre-tax profits rose from €3.6m to €48m. During the year, Lenze took on 199 new employees, raising its total to 3,096.

♦  General Motors is to start producing permanent magnet and induction motors for use in its electric and hybrid motors at a plant near Baltimore, from late 2012. These will include 85kW PM motors for its Chevrolet Spark EV, which is due to be launched in 2013.

♦  The global market for integral horsepower (IHP) motors will reach $17.7bn by 2017, according to a new report from Global Industry Analysts. It says the market will be driven by population growth, urbanisation and infrastructure expansion in emerging economies. The fastest-growing market is the Asia-Pacific region, where a CAGR of 7.6% is predicted for the period 2009–2017. 

♦  Rockwell Automation is doubling its manufacturing capacity in Brazil with a new plant that will start to produce medium- and low-voltage drives during 2012. The new plant, in Jundiai near Sao Paulo, joins an existing factory that has been building controllers, motor control centres and control panels since 1983.

♦  In its latest five-year strategy, ABB says that it expects its discrete automation and motion division to grow by an average of 12–15% per year over the period 2011–2015, making it the company’s fastest-growing business. It expects the division’s margin to be in the range 16–21%. As a whole, ABB is forecasting an organic growth rate of 7–10% over this period, with acquisitions adding a further 3–4%.

Magazine
  • To view a digital copy of the latest issue of Drives & Controls, click here.

    To visit the digital library of past issues, click here

    To subscribe to the magazine, click here

     

Poll

"Do you think that robots create or destroy jobs?"

Newsletter
Newsletter

Events

Most Read Articles