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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.
June 22 was Climate Action Day at all Schaeffler locations worldwide, from Herzogenaurach, Germany to Taicang, China, and from Port Elizabeth, South Africa to Fort Mill, USA.
Sensors Expo & Conference got its start 37 years ago with a focus on sensor technology. Over the years it has expanded and diversified to include the electronics technologies and embedded systems that work hand-in-hand with sensors, as well as new and emerging application areas such as IoT, Connectivity, Autonomous, Medical, and more. Join us as we explore the entire ecosystem, from sensing to processing to analyzing and connecting.
Velo3D, Inc. has announced the opening of its European Technology Center in Augsburg, Germany to manage the company’s operations in Europe, host customers for trainings, and conduct meetings with customers and partners.
Telit, a global enabler of the Internet of Things (IoT), recently announced a new global corporate headquarters in Southern California. Following the CEO’s move to the U.S., the new headquarters is in the City of Irvine—Orange County’s technology hub—and will support Telit’s strategy to grow its connected devices and solutions business worldwide. The Irvine office will also serve key projects and customers in the region, widening its U.S. presence that currently includes offices in Ill., FL., and N.C.
The Automate 2022 Show and Conference celebrated the most successful event in its history, setting new records for registrants, exhibit booths and online engagement during its four-day run June 6-9, 2022, in Detroit, Michigan.