Automation

Okuma America Corporation, a global manufacturer of CNC machine tools, controls and automation systems, has appointed Wade Anderson to the position of Vice President of Engineering & Factory Automation Division for the Americas.

Industry veteran brings more than 30 years of experience in the industrial automation sector to a leading precision measurement company.

Sandvik has completed the previously announced acquisition of pro-micron GmbH, a German-based supplier of sensorised tools and automation software.

Sandvik Coromant, has earned the 2023 NED Innovation Award for the Sandvik Coromant CoroPlex YT product in the MachineTools and Metalworking category.

Koyo Machinery USA, a provider of precision grinding machines, will be integrated into JTEKT Machinery’s range of products.

GROB Systems, Inc., a developer of manufacturing systems and machine tools, broke ground in December 2023 on a 135,000-square-foot expansion project.

After a four-month voting period with around 20,000 votes cast, winners in 24 categories of the Best of Industry Awards have now been determined. WFL Millturn Technologies was one of the winners, earning the award in the Modular Machine Concept category.

Rising costs and supply chain disruptions are rated top concerns by over 50% of manufacturers surveyed for a new report of North American manufacturers. Automation leads to 30% higher revenue growth in face of rising costs and supply chain disruption.

The real time production monitoring market is projected to be worth $5.13 billion in 2022 and is poised to reach $12.56 billion by 2030, growing at a CAGR of 11.8% from 2022 to 2030.