In recognition of its environmental leadership and comprehensive disclosure in the area of climate change, Siemens has been included by the CDP on its annual Climate Change A List, the highest possible performance ranking. CDP is a leading organization evaluating corporate action on climate strategies

AD is reporting a record result for 2023 in owner/member sales, which increased 5 percent over prior year to $78.9 billion.

Purchases by member companies from AD supplier partners were $19.8 billion. Net distributions to owner/members were $1.4 billion.

Universal Robots has reported Q4 revenue of USD 103 million, up 21 percent on Q4 2022. The quarter was the company’s largest revenue quarter to date. 2023 annual revenue was USD 304 million, down 7 percent on 2022.

In December 2023, ABB Electrification Norway AS signed a contract with LIS, Movu Robotics distributor in Norway, to install Movu's escala order fulfillment solution in its production premises in Skien, Norway. 

SKF has been awarded a Platinum Medal by EcoVadis, one of the most trusted providers of sustainability ratings for use in supply chains. This prestigious recognition places SKF in the top one percent among the more than 100,000 companies assessed worldwide for its commitment to sustainable business practices.

The topic of robotics is an integral part of Hannover Messe. Robots of all sizes and shapes – from industrial robots and cobots right through to autonomous mobile robots – can be found throughout the exhibition grounds of the world's leading trade fair for industry.

A special highlight this year is the Application Park in Hall 5, which has a strong partner at its side in the form of the German Robotics Association (DRV). Among other things, the DRV has made it a mission to promote and foster the use of robotics in Germany. Given the shortage of skilled workers, there is undoubtedly potential in this direction, with Germany ranking fifth behind China, Japan, Korea and the USA in global comparison.

The Power Transmission Distributors Association (PTDA) Foundation Board of Trustees begin their leadership terms.

The Association for Advancing Automation (A3) celebrates its 50th anniversary in 2024. The global advocate for the benefits of automation now represents more than 1280 member companies as it promotes automation technologies and ideas that transform and redefine the business environment.

Velo3D, Inc. announced Kratos SRE, Inc., a subsidiary of Kratos Defense & Security Solutions, Inc., has acquired a Velo3D Sapphire printer to support Kratos’s technology development and ability to rapidly, reliably, and affordability address defense industry customers’ evolving requirements.

Wieland has acquired Concast Metal Products Co. and Randall Bearings Inc., strengthening the presence of Wieland Group in premium copper and copper alloy market segments in North America.