News for Panel Builders

News for Panel Builders

Siemens: Eva Riesenhuber Appointed Global Head of Sustainability; Eva Scherer New Head of Investor Relations

Siemens AG today announced new leadership appointments in its Sustainability and Investor Relations departments, effective October 1. Eva Riesenhuber (49), currently head of Investor Relations, will assume the role of global head of Sustainability and Eva Scherer (38), currently Chief Financial Officer (CFO) of the Rail Infrastructure and Software Business Units at Siemens Mobility, is appointed head of Investor Relations.

Read More Siemens: Eva Riesenhuber Appointed Global Head of Sustainability; Eva Scherer New Head of Investor Relations
News for Panel Builders

Emerson’s Majority Owned Subsidiary, AspenTech, Announces Agreement to Acquire Metals and Mining Software Provider Micromine

Emerson’s majority owned subsidiary, AspenTech, has recently announced it has entered into an agreement to acquire Micromine, an end-to-end mining software provider. This acquisition will build on AspenTech’s software portfolio, furthering its diversification strategy into the metals and mining market and facilitating the digital transformation and sustainability goals of the industry.

Read More Emerson’s Majority Owned Subsidiary, AspenTech, Announces Agreement to Acquire Metals and Mining Software Provider Micromine
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Eaton Collaborates With Cyberark to Deliver Fully Automated Solution Securing Critical Utility Grid Automation Devices and Networks Against Cyber Threats

Intelligent power management company Eaton announced a cybersecurity collaboration with global leader inidentity security CyberArk to enhance protection of utility transmission and distribution devices and networks. The collaboration leverages Eaton’s grid automation expertise and approach to cybersecurity with CyberArk’s Identity Security solutions to help utilities simplify a critical element of cybersecurity compliance for modern grid automation systems.

Read More Eaton Collaborates With Cyberark to Deliver Fully Automated Solution Securing Critical Utility Grid Automation Devices and Networks Against Cyber Threats
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Visual Lockout/Tagout Procedures

When your employees need to perform maintenance, repairs or adjustment (including line changeovers), you must keep them safe from hazardous machine motion. In practice, this means that you must isolate and dissipate any hazardous energy sources.

Read More Visual Lockout/Tagout Procedures
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New CUI Devices Brand Sets Sights on Nurturing the Spirit of Innovation

CUI Devices has recently announced the next chapter in its history with the launch of a new visual identity and brand message. Dedicated to nurturing the spirit of innovation with a heavy dose of humanity, CUI Devices’ updated brand aims to redefine the meaning of collaboration in an often-transactional industry, while continuing to be the same trusted partner for electronic components.

Read More New CUI Devices Brand Sets Sights on Nurturing the Spirit of Innovation
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ABB and Midwest Equipment Company Extend Relationship in Kansas and Western Missouri

ABB Installation Products Inc. (ABB Installation Products), formerly Thomas & Betts, is expanding its relationship with Midwest Equipment Company, an electrical manufacturer representative in the United States. Midwest Equipment Company will now represent ABB Installation Products in Kansas and Western Missouri, in addition to existing programs across Nebraska and Iowa.

Read More ABB and Midwest Equipment Company Extend Relationship in Kansas and Western Missouri
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EF|A 2022: Modularisation as the Foundation for Standards and More Automation

This year’s the EF|A – EPLAN Forum for Automated Engineering event will be taking place in a hybrid format. As in previous years, the focus will be on modularisation, standardisation and automation. These topics are of burning importance for both management and users in machine and plant system engineering – after all, modularisation is the key to standardisation and, ultimately, a higher degree of automation.

Read More EF|A 2022: Modularisation as the Foundation for Standards and More Automation
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EPLAN Data Portal Update August 2022

411 manufacturers and about 1,300,000 data sets are available with the update August 10, 2022. Companies with updated and new data sets include ABB LTD, AVAT Automation GmbH, Biduk Electronic Co. Ltd., Zhejiang CHINT Electrics Co. Ltd., and Cognex Corporation.

Read More EPLAN Data Portal Update August 2022
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Allied Electronics & Automation Invests in Women in Electronics

Allied Electronics & Automation is now a silver-level sponsor of Women in Electronics, a nonprofit, 501(c)(3) social impact organization dedicated to expanding the opportunities for women and diverse talent in the electronics industry and related end-user markets.

Read More Allied Electronics & Automation Invests in Women in Electronics
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ABB to Acquire Siemens Low Voltage NEMA Motor Business

ABB has recently announced it has signed an agreement to purchase Siemens’ low voltage NEMA motor business. With manufacturing operations in Guadalajara, Mexico, this acquisition provides a well-regarded product portfolio, a longstanding North American customer base, and an experienced operations, sales, and management team.

Read More ABB to Acquire Siemens Low Voltage NEMA Motor Business
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Rockwell Automation Opens Registration to the 31st Annual Automation Fair, Returns to Chicago

Rockwell Automation, Inc. is pleased to announce that registration is now open for Automation Fair 2022, hosted by Rockwell and members of its global PartnerNetwork program. The annual event will be held at McCormick Place West in Chicago, Illinois, Nov. 14-17, and expects to bring over 10,000 manufacturing and technology leaders from around the globe.

Read More Rockwell Automation Opens Registration to the 31st Annual Automation Fair, Returns to Chicago
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RS Group Plc Announces Acquisition of Risoul for US $275 Million Strong Strategic, Financial and Cultural Rationale

Allied Electronics & Automation is pleased to announce an agreement to acquire Risoul y Cia, S.A. de C.V. (Risoul), a family-owned distributor of industrial and automation product and service solutions in Mexico, for a cash consideration of US$275 million (c. £228 million) on a cash-free and debt-free basis. The consideration represents an acquisition multiple of c. 12x adjusted EBIT on a 12-month basis to 30 June 2022.

Read More RS Group Plc Announces Acquisition of Risoul for US $275 Million Strong Strategic, Financial and Cultural Rationale
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Rittal Increases Houston Warehouse Footprint to Support Growing Customer Demand, Shorten Delivery Times, and Expand Service Capabilities

Rittal North America recently announced the expansion of their Houston, TX warehouse and modification center. This expansion adds 33% more warehouse space to the current distribution center, providing added capabilities and increased inventory.

Read More Rittal Increases Houston Warehouse Footprint to Support Growing Customer Demand, Shorten Delivery Times, and Expand Service Capabilities
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Graybar Announces Two Industrial Automation Acquisitions in New England

Graybar has recently announced that it has completed the acquisition of Walker Industrial Products, Inc., based in Newtown, Conn. In addition, Shingle & Gibb Automation, a Graybar subsidiary based in Moorestown, N.J., has acquired New England Drives & Controls, Inc., based in Southington, Conn.

Read More Graybar Announces Two Industrial Automation Acquisitions in New England
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Save the Date for Automation Fair Event 2022

The Automation Fair event offers an immersive experience showcasing the value and power of our IT/OT expertise. This two-day event brings together industrial automation experts and leaders to guide you through the latest breakthroughs, strategies, and proven best practices, and to work with you on how to enhance your operation and achieve greater results.

Read More Save the Date for Automation Fair Event 2022
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CDM Electronics Announces Authorized Distributorship For Amphenol Nexus Technologies

CDM Electronics has announced an agreement with Amphenol Nexus Technologies to stock and distribute tactical communications interconnects at their Turnersville, NJ location. Amphenol Nexus Technologies, a subsidiary of Amphenol Corporation, is a global supplier of interconnect products for military, public safety and commercial communications applications.

Read More CDM Electronics Announces Authorized Distributorship For Amphenol Nexus Technologies

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