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FEIMEC 2020 launches its new sales cycle as the ‘largest exhibition in the industry in Latin America’

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The third edition of the machinery and industrial equipment trade show FEIMEC will have even more exhibition space than in previous years. Its official launch occurs within a moment of positive expectations for the Brazilian market.

Within the marketplace’s positive expectations for economic growth, the third edition of FEIMEC 2020 – Brazil International Machinery and Equipment Exhibition has been launched.

The exhibition will take place in Sao Paulo on May 5-9, 2020 and will have 62,000 sq m of exhibition space, 700 exhibitors and will receive over 65,000 industry professionals.

[Read more…] about FEIMEC 2020 launches its new sales cycle as the ‘largest exhibition in the industry in Latin America’

Challengers in Esmera robotics competition in line to receive €200k each

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In the context of the European robotics project Esmera, 12 experiments have now started to solve industry challenges by developing new robotics solutions.

The Esmera consortium has chosen the best twelve experiments from 32 proposals that were handed in during the first Open Call in 2018.

The solution design by the experiments will be carried out in two competitive phases.

[Read more…] about Challengers in Esmera robotics competition in line to receive €200k each

NextGenAM 3D printing pilot successfully completed

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The “NextGenAM” project, what began as a vision in May 2017, has now reached a successful conclusion.

The aim was to develop a digitalised next-generation manufacturing line to produce aluminium components for the automotive and aerospace sectors significantly more cost-effectively than is currently possible.

The successful outcome was that, in terms of the overall production process, manufacturing costs could be reduced by up to 50 percent compared with existing 3D printing systems.

[Read more…] about NextGenAM 3D printing pilot successfully completed

GM confirms discussions to sell Lordstown Complex to Workhorse

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General Motors has confirmed that it is in discussions with Workhorse Group and an affiliated, newly formed entity to sell the company’s Lordstown Complex in Lordstown, Ohio.

The move – which was informally announced by US President Donald Trump earlier –  has the potential to bring significant production and electric vehicle assembly jobs to the plant, says GM.

Upon final agreement, the entity, led by Workhorse founder Steve Burns, would acquire the facility. Workhorse would hold a minority interest in the new entity. [Read more…] about GM confirms discussions to sell Lordstown Complex to Workhorse

Ekso Bionics in $100 million joint venture to develop the exoskeleton market in Asia

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Ekso Bionics, Inc. is to establish a joint venture to develop and serve the exoskeleton market in China and other Asian markets and to create a global exoskeleton manufacturing centre.

It will partner with Zhejiang Youchuang Venture Capital Investment Co., Ltd (ZYVC) and Zhejiang Silicon Paradise Asset Management Group.

The joint venture will develop, sell and support exoskeleton products into China, Hong Kong, Singapore, and Malaysia, and will be capitalized at greater than $100 million over its term.

[Read more…] about Ekso Bionics in $100 million joint venture to develop the exoskeleton market in Asia

Foxconn boss reiterates commitment to build factory in Wisconsin

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Foxconn boss Terry Gou has reiterated his commitment to building a multi-million-dollar factory in Mount Pleasant, in the US state of Wisconsin.

The chairman of Foxconn, which is better known as Hon Hai Precision in its native Taiwan, met with US President Donald Trump at the White House earlier this week.

After the meeting, media reports suggested that Foxconn will make additional investments in the Wisconsin facility.

Read moreCNBC

Dyndrite in line to raise $10 million for its 3D design software

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A startup company called Dyndrite is set to raise more than $10 million to bring its computer-aided design software to market.

The privately held Dyndrite says Gradient Ventures, Google’s AI-focused investment fund and an early Dyndrite investor, will lead the company’s $10 million+ Series A financing round.

Cota Capital joins existing investors, Amplify Ventures, The House Fund, and private investor and former president and CEO of Autodesk, Carl Bass.

[Read more…] about Dyndrite in line to raise $10 million for its 3D design software

Okuma and Hartwig open tech centre in Houston

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Okuma America Corporation, a world leader in CNC machine tool manufacturing, and Okuma distributor Hartwig, have opened a new Okuma Tech Center at Hartwig Houston in Texas, USA.

The 23,000 sq ft showroom which features more than 20 machine tools – including larger machines specifically built for the oil and gas industry.

Wade Anderson, Okuma Product Specialists Sales Manager and Tech Centers Manager, said: “The new space allows us to show the larger machines that are significant to the oil and gas industry, and our customers can see live-cutting applications demonstrated on these Okuma machine tools.”

Panasonic says it has sold 100 million household refrigerators

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Panasonic says its production of household refrigerators reached a grand total of 100 million in 2018, 65 years since the company first began to manufacture them in 1953.

Panasonic began working on refrigerators as well as televisions and washing machines in anticipation of the approaching electrical age after the Second World War.

In 1952 an alliance was formed with Nakagawa Kikai Company, a specialist machine tool manufacturer that had made refrigerators. [Read more…] about Panasonic says it has sold 100 million household refrigerators

A new type of robotic ‘brain’ could transform modern factories

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By Richard van Hooijdonk

Industrial robots like the ones that assemble Tesla vehicles or Nokia’s 5G base stations are a sight to behold.

They’re critical for manufacturing automation and lead to improved product quality, shorter cycle times, and decreased production costs.

So, it’s no surprise that the global industrial robotics market is expected to reach a whopping $97.41 billion by 2026 as investments in this technology ramp up. [Read more…] about A new type of robotic ‘brain’ could transform modern factories