News

Fort Erie Welcomes $100 Million Manufacturing Investment Siltech Corporation expansion fuels local economic growth

26-Jul-2023

The Town of Fort Erie is delighted to announce the official groundbreaking construction of Siltech Corporation's new 210,000 sq. ft. manufacturing facility. With a monumental investment of $100 million, this new facility is a milestone within our community. It is pivotal in bolstering our local economy and reinforcing our commitment to nurturing a thriving business landscape.

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SONAMI rides the wave of expansion, adding Water Tech and Advanced Manufacturing capabilities

24-Jul-2023

Fleming College has become the latest Southern Ontario Network for Advanced Manufacturing Innovation (SONAMI) member, a Niagara College-led consortium of post-secondary academic institutions that provides competitive, disruptive, and innovative solutions to Ontario’s manufacturers.

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ABB completes sale of Power Conversion division to AcBel

17-Jul-2023

ABB has completed the divestment of its Power Conversion division to AcBel Polytech Inc. with an enterprise value of $505 million. ABB expects to record a small non-operational book gain in Income from operations on the sale in the third quarter of 2023. With this transaction, ABB has completed all divisional portfolio divestments announced at the end of 2020.

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ABB and Microsoft collaborate to bring generative AI to industrial applications

12-Jul-2023

ABB is working with Microsoft on the integration of generative AI capabilities into industrial digital solutions for safer, smarter and more sustainable operations The collaboration aims to deploy Copilot capabilities to enable more intuitive user interaction with ABB Ability™ Genix Industrial Analytics and AI Suite and its applications, and further enhance the value of contextualized data for efficiency and sustainability gains ABB is leveraging Microsoft Azure OpenAI Service to complement ABB Ability Genix

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ABB extends Automation Software Maintenance program to include more pulp and paper specific software

27-Jun-2023

Automation Software Maintenance (ASM) program to now offer both upgrades and incremental software updates for Paper Machine Drives and Pulp and Paper Process Control Library (PPLib800xA) Paper Machine Drives ASM subscription includes access to complimentary premier software licenses PPLib800xA ASM provides new troubleshooting tools and enhanced operator experiences via improved human-machine interface

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Intrinsic and Siemens collaborate to accelerate the integration of AI-based robotics and automation technology

22-Jun-2023

*Collaboration to make industrial robotics more accessible and usable for manufacturing SMEs *Exploration of new solutions to advance interoperability and more efficient interfaces between automation and robotics systems to address existing hurdles and cost drivers *Solutions to speed up the development process for flexible work cells and facilitate their operation

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ABB and China Telecom unveil joint digitalization and industrial IoT lab

19-Jun-2023

*The laboratory is a collaboration between ABB Measurement & Analytics China Technology Center and E Surfing IoT, China Telecom’s Internet of Things subsidiary *The collaboration will explore the extensive integration of process automation solutions and empower multiple industries in China with digital transformation tools *The lab will support manufacturing industries with end-to-end industrial IoT solutions that help with real-time, data-driven decisions for safer, smarter and more sustainable operations

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Siemens presents €2 billion investment strategy to boost future growth, innovation and resilience

19-Jun-2023

-Ramp up of global investment in new high-tech factories, innovation labs and education centers to expand leadership in digitalization, automation and sustainability -Total investments of €2 billion mainly in manufacturing capacity expansion to be disclosed this year -Following investments in Germany and in the U.S., Siemens expands its production network and R&D capacities in Asia -New high-tech factory in Singapore announced today to serve growing markets in Southeast Asia - Expansion of digital factory in Chengdu to boost further growth in China - Additional investments in Europe and U.S. to be announced

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OTTO Lifter Named Material Handling Solution of the Year

15-Jun-2023

OTTO Motors, a leading provider of autonomous mobile robots (AMRs), today announced that their autonomous forklift, OTTO Lifter, has been recognized as the SupplyTech BreakthroughMaterial Handling Solution of the Year. This award recognizes the world’s best supply chain products and technologies that are breaking through in a crowded market. 

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