Teradyne Inc., North Reading, Mass., and the shareholders of Mobile Industrial Robots ApS, Odense, Denmark, announced the acquisition of privately held MiR for €121 million ($148 million) net of cash acquired plus €101 million ($124 million at the current exchange rate) if certain performance targets are met extending through 2020.
Coldwater Machine Co., Coldwater, Ohio, a leading engineered solutions company that manufactures and integrates assembly automation and special machines for a variety of industries, appointed Gregg Boggs regional sales manager for the Southeast region of the United States.
Foba Laser Marking + Engraving, Selmsdorf, Germany, appointed an experienced sales manager in charge of customer service in the states of Kansas, Missouri, Illinois, Indiana and Wisconsin.
As leaders of developing and deploying emerging technologies to new users, Mitsui Seiki USA Inc., Franklin Lakes, N.J., and TechSolve Inc., Cincinnati, will host a public unveiling of the Blue Arc machining technology at a technology preview and demonstration in Cincinnati on June 6.
BLM Group USA Corp., Novi, Mich., appointed three regional sales managers to support the company's high-precision laser tube and flat sheet cutting and tube bending business in the United States and Canada.
To build cars, appliances and airplanes, it takes tools made in Idaho. At Micro 100 Tool Corp., a cutting-edge operation helps create cutting tools. "We make carbide cutting tools that are used in all machining and manufacturing operations around the world," said Dale Newberry, president of Micro 100 Tool.
Some people say there is an art to machining. In some cases, there is actual artwork. Machinists Inc. in Seattle, the largest precision machining shop in the Northwest, has made big sculptures since the early 1990s. The first piece was a 17'×13'×3' steel sculpture that hangs in Harborview Medical Center in Seattle, and many more have followed. However, art accounts for only about 1 percent of the manufacturer's work, said Weld Engineer Steve Pollard, who has been with the company for 30 years.
Ohio Tool Works LLC, an industry-leading manufacturer of precision honing machines, tooling, abrasives and accessories, announced that Paul Lykins joined the engineering department as the senior controls engineer.
Hexagon AB, Stockholm, a leading global provider of information technologies that drive productivity and quality across geospatial and industrial enterprise applications, acquired sole ownership of Licom Systems GmbH, a German distributor of Alphacam CAM software for woodworking, metal and stone cutting.
Hexagon AB, Stockholm, a leading global provider of information technologies that drive productivity and quality across geospatial and industrial enterprise applications, acquired ProCAM SRL, an Italian distributor of CAD/CAM solutions and complementary software.