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Motion control sales grew by 6.2% in first half of 2014

17 September, 2014

Global shipments of motion control products grew by 6.2% in the first half of 2014 to reach around $1.5bn, according to new figures released by the Motion Control Association (MCA). 

Dragonfly malware targets pharma, not energy

16 September, 2014

New analysis of the recently revealed Dragonfly (Havex) malware suggests that it has been targeting packaged consumer goods industries – especially the pharmaceutical sector – rather than the energy sector as was previously believed.

Danfoss launches €1bn bid for Finnish drives-maker Vacon

12 September, 2014

UPDATED: Danfoss has launched a bid to buy the Finnish drives-maker Vacon in a cash deal offering €34 for each Vacon share and valuing the business at €1,038m. Danfoss says that the bid is in line with its strategic focus on creating profitable growth and that Vacon is a good match to achieve this ambition. Both Danfoss Power Electronics and Vacon are significant players in the AC drives business, it adds, and together they would gain an even stronger market position.

Rockwell and Fanuc announce global collaboration

11 September, 2014

Rockwell Automation, the world’s largest company dedicated to industrial automation, and Fanuc, the world’s largest company in CNC and robots, have announced a global collaboration agreement aimed at achieving more seamless integrated manufacturing.

Fieldbus Foundation and Hart merge to form FieldComm

08 September, 2014

Members of the Fieldbus Foundation and the Hart Communication Foundation have voted to merge their organisations to form a new corporation, called FieldComm Group, dedicated to the needs of intelligent devices and their integration in automation.

Rockwell and Beckhoff settle linear motor patent dispute

25 August, 2014

A legal dispute between Rockwell Automation and Beckhoff Automation over linear motor patents has been settled “amicably”, with Rockwell granting Beckhoff licences to more than a dozen of its US and European linear motor patents.

US manufacturing PMI hits a four-year high

21 August, 2014

The US manufacturing sector has rebounded sharply from its three-month low in July to hit its highest level since April 2010, according to the latest PMI (Purchasing Managers’ Index) survey, published by Markit.

Danielson succeeds Johnstone as SKF’s president and CEO

21 August, 2014

SKF’s long-serving president and CEO, Tom Johnstone, is stepping down and will be succeeded by Alrik Danielson, who has been president and CEO of the Swedish metal powders producer Höganäs since 2005. Danielson worked at SKF from 1987 to 2005, and before he left was president of SKF’s Industrial Division and a member of its executive committee.

ABB sells maintenance business to Nordic Capital

21 August, 2014

ABB is selling its Full Service contract maintenance business to Nordic Capital for an undisclosed amount. The business is claimed to be the European market-leader in industrial maintenance outsourcing services, with a particularly strong position in the Nordic region. ABB says that the operation has limited synergies with its core power and automation portfolio.

Global sales of IE3 motors will overtake IE1 by 2018

20 August, 2014

Global sales of IE3 high-efficiency electric motors and the equivalent Nema Premium machines will almost double to more than $8bn by 2018, according to a new forecast from the analyst, IHS. With many LV motor markets becoming increasingly regulated in favour of IE2 and IE3 motors, the decline of low-efficiency IE1 motors has begun “in earnest”, says the analyst.

Power transmission sale could raise $1bn for Emerson

15 August, 2014

Emerson Electric is planning to sell its mechanical power transmission business and could raise $1bn from the sale, according to a report from Reuters.

Global sales of PLCs slipped by 2.1% in 2013

13 August, 2014

Revenues from the global market for PLCs slipped by by 2.1% in 2013, according to a new report from the market analyst, IHS. It attributes the slide, in part, to China delaying many investments as its leaders have set financial stability as the country's most important objective, and are applying only moderate stimulus.

LED lighting could overtake sensor-maker’s main business

13 August, 2014

The sensor-maker Turck Banner is harnessing its experience of using LEDs in photoelectric sensors, to diversify into the general LED-based lighting market, with a portfolio of products ranging from lighting for industrial control cabinets to fittings for mobile homes.

SKF to build $30m innovation centre in the US

13 August, 2014

The bearings-maker SKF is investing $30m to establish a Global Technical Centre in the US. The centre will employ around 80 engineers within its first four years of operation, with plans to expand to 200 subsequently.

€10m investment will halve gear-motor lead times

11 August, 2014

Bauer Gear Motors is building a new manufacturing headquarters in Esslingen, Germany, which, it says, will halve lead times for configured gear-motors. Most of the €10m investment is being spent on a new building for producing gear-motors and on a new office building with conference rooms.

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