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Siemens Digital Industries Software recently announced that Panasonic Corporation (“Panasonic”) has started to adopt its Teamcenter X software, a Software-as-a-Service (SaaS) cloud product lifecycle management (PLM) solution from the Siemens Xcelerator portfolio of industry software to accelerate its digitalization in product development and design.
Traditionally, drive technology and fluid power has been represented at Hannover Messe by a large number of companies from Germany and abroad, especially in odd-numbered years. This will also be the case in 2025 when manufacturers will present their latest applications and components for intelligent and sustainable production. All this, under the Motion & Drives label, will be focused in Halls 4, 5 and 6.
Columbus McKinnon will be consolidating its North American Duff Norton linear motion production activities from Charlotte, NC, with its new, state-of-the-art North American Manufacturing Center of Excellence in Monterrey, Mexico. By the end of September 2024, all production of Duff Norton linear motion products will occur out of this new facility.
The American Gear Manufacturers Association (AGMA) has redeveloped its on-demand Workforce Training Series. The redeveloped courses have been modernized to make them more accessible with updated materials to incorporate new and emerging technological advances.
Forest City Gear is pleased to share that President Kika Young has been appointed as Chair of the AGMA Annual Meeting Committee. The Committee develops programming, curates networking opportunities, and selects future destinations for the AGMA/ABMA Annual Meeting.
The ABB Baldor-Reliance EC Titanium motor has been recognized with the U.S. Environmental Protection Agency’s 2024 ENERGY STAR Emerging Technology Award. This annual award recognizes products that meet stringent performance criteria in specific categories. By highlighting innovative solutions with the potential to significantly reduce greenhouse gas emissions, the award promotes promising technologies that may not yet fully align with the ENERGY STAR certification requirements or may be relatively more complex to properly install and operate.
The landscape of the global precision gearbox and geared motor market is undergoing significant transformation and is expected to grow by over 10 percent in 2025, as it recovers from an earlier than anticipated dip in 2023 and 2024. According to the latest data from market intelligence specialist Interact Analysis, strong demand will generate a compound annual growth rate (CAGR) of 7.9 percent - with the market increasing from $3.29 billion to $4.8 billion - between 2023 and 2028.
The Power Transmission Distributors Association (PTDA) held its annual Canadian Conference in Niagara Falls, Canada on June 4-6. Nearly 130 power transmission/motion control (PT/MC) manufacturers and distributors doing business in Canada met to participate in networking and presentations aimed to expand opportunities for business growth.
Mona Neubaur, deputy prime minister and minister of economic affairs of North Rhine-Westphalia, recently presented the NRW.Global Business Award 2024 to Flender CEO Andreas Evertz. Flender was one of four winners honored at the 20th anniversary of the Award at the K21 Ständehaus in Düsseldorf.