Management

Hexagon AB, a global provider of information technologies for driving productivity and quality across geospatial and industrial enterprise applications, today announced the acquisition of AICON 3D Systems, a leading provider of optical and portable non-contact 3D measuring systems for industrial manufacturing.

Solar Manufacturing, Souderton, Penn., recently appointed John Oakes as the company's new sales representative for the Northeast U.S. region, according to a Feb. 17 news release. Oakes will focus on vacuum furnace sales in Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island and Vermont.

BIG KAISER Precision Tooling, Hoffman Estates, Ill., recently welcomed Pierre Bruyere to the company's Rep network for select provinces in Eastern Canada. He has been tasked with managing distributor relationships and sales efforts with customers in Quebec, Newfoundland & Labrador, New Brunswick, Nova Scotia and Prince Edward Island.

Laser technology company Coherent Inc. will acquire industrial laser maker Rofin-Sinar Technologies Inc. for about $942 million, according to a joint news release issued by the two companies March 16. "This transaction is aligned with our strategy of increasing our scale and pursuing accretive growth opportunities," said Coherent President and CEO John Ambroseo. "The combination of Coherent and Rofin represents a unique opportunity to strengthen Coherent’s position in materials processing. The addition of Rofin's complementary portfolio will build on Coherent’s capabilities as a world leader in laser and photonics-based technology and solutions, and create meaningful value for our stockholders."

Greenleaf Corporation, a leading developer of cutting tool technology and ceramic materials, has appointed Jan Andersson to the position of Global Manager, Tech Team and Marketing. Andersson comes to Greenleaf from Kennametal Corporation and Sandvik Coromant where he held various positions within Product Management, Marketing, Sales and R&D.

TYKMA Electrox, Chillicothe, Ohio, a worldwide supplier of industrial laser systems, in February introduced a new brand identity following the year-old merger between TYKMA Technologies and Electrox Laser Marking Systems. 

The Manufacturers Alliance for Productivity and Innovation published a report in January about megatrends that are reshaping manufacturing. Titled “Manufacturing Megatrends: The Impact of Megatrends on U.S. Manufacturers,” the report was authored by MAPI Director of Councils and Business Research Jenn Callaway, and is based on surveys conducted with manufacturing executives. 

Forklifts—the workhorses of the plant floor—are more valuable than ever at ITAMCO (Indiana Technology and Manufacturing Cos.). The Plymouth, Ind.-based manufacturer of gears and other precision components connected its forklifts to the Industrial Internet of Things (IIoT), which integrates machine tools and other manufacturing equipment with networked sensors and software. 

Solar Manufacturing, Souderton, Penn., recently announced that Marty Benegalia, president of Southern Thermal Systems, will assume the role of a sales representative focusing on areas in Texas, Oklahoma, Kansas, Arkansas and Louisiana.  Benegalia joins Solar Manufacturing with a technical background of 20 years in metallurgy and heat treating, as well as experience in the petrochemical and oilfield equipment industries.

Has the reshoring train left the station or not? According to the second annual U.S. Reshoring Index from global management consultants A.T. Kearney, the answer is a resounding “no.” In 2015, the index, at -115, indicates that reshoring of manufacturing activities to the U.S. has not kept up with offshoring. The index measured -30 in 2014. A positive number indicates net reshoring, while a negative value indicates net offshoring.