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ABB opened its new global innovation and training campus at the headquarters of B&R in Eggelsberg, Austria, its global center for machine and factory automation. The new campus will create up to 1,000 additional high-tech jobs and includes world-class research and development laboratories, as well as global training facilities for up to 4,000 people per year in collaboration with universities. ABB invested EUR 100 million in the expansion of the B&R headquarters.
Smalley is proud to celebrate that they have locally supported the European market for 20 years. In 2002, Smalley opened their first global branch office in France to provide quick and personalized service to European customers.
2022 marks the 20th Anniversary of SMT’s focus on providing the tools and knowledge to drive engineering innovation in gearbox system analysis. With this historic company anniversary, the company has announced the return of the North America User Forum.
At this year’s 12th Schaeffler Kolloquium, the automotive and industrial supplier is giving around 300 customers from Europe and beyond a close-up look at the latest technologies for the future of sustainable, efficient, and comfortable mobility. The two-day event, themed “Energizing the Next Generation,” puts the spotlight on innovations from Schaeffler’s electromobility, chassis systems, and hydrogen technology operations. Held every four years, the Schaeffler Kolloquium is a worldwide customer showcase. It kicks off in Bühl, Germany, where the Automotive Technologies division is headquartered, and will be followed in the course of the year by sister events in Detroit and San Jose (United States), Changsha (China), and Yokohama (Japan).
Continental acquires family-owned belting manufacturer WCCO Belting headquartered in Wahpeton, N.D. With this acquisition, the technology company complements its conveyor belting customer portfolio and strengthens its Conveying Solutions business in the agricultural industry.
In response to the COVID-19 pandemic, geopolitical disputes, raw materials shortages and trade issues that have rocked global economies and supply chains, a majority of U.S.-based companies are planning to relocate production closer to home.
Surveying 1,610 executives in the U.S. and Europe, ABB found that 70% of U.S. businesses are planning changes in their operations, with 37% planning to bring production back home and 33% looking to nearshore and shift their operations to a closer location.
Mitsubishi Electric Corporation will invest approximately 2.2 billion Indian rupees, or 3.1 billion yen, in its subsidiary Mitsubishi Electric India Pvt. Ltd. to establish a new factory in India. Expected to start operations in December 2023, the new factory will manufacture inverters and other factory automation (FA) control system products, expanding the company’s capabilities to meet the growing demand in India.