Indian flowmeter producer acquired
The Baumer Group has acquired Manas Microsystems, a supplier of flow meters in India.
read more...read more...No signs of a trend reversal yet
For the first time since October last year, the decline in orders in the mechanical and plant engineering sector in July was only in single figures compared to the previous year. However, the VDMA is not yet talking about a trend reversal.
read more...International Federation of Robotics
Beijing wants to use robots to drive growth
During the third plenary session of the Central Committee, China repositioned its economic policy and announced a technology-centered approach. Chinese robot manufacturers are strategically preparing for this.
read more...Machine tools: Demand remains in decline
Order intake in the German machine tool industry fell by 28% in the second quarter of 2024 compared to the same period last year. A stabilization is not expected until the end of the year, as the VDW reports.
read more...Frends Energy Insight 2024" study
German energy sector relies on automation
The current study "Frends Energy Insight 2024" sheds light on the status of digital transformation and automation in the German energy sector. The results show considerable deficits.
read more...More than 340,000 new products
The distributor DigiKey added more than 340,000 new products to its product portfolio in the first half of the year. Around 90,000 of these are available for sale from stock.
read more...Weak first half of the year for machinery exports
German mechanical and plant engineering companies suffered significant losses on foreign markets in Q1 and Q2 2024. Exports are nominally 4.8% lower than in the previous year.
read more...Sick and Endress+Hauser establish joint venture
Sick and Endress+Hauser have signed an agreement to jointly drive forward the decarbonization of the process industry. The companies are establishing a joint venture for this purpose.
read more...New COO on the Executive Board
AMDT (formerly Auvesy-MDT), a provider of versioning and change management for automated production, has appointed Eva Wittka as its new Chief Operating Officer (COO).
read more...Downward trend in incoming orders continues
Orders in the German electrical and digital industry continued to fall in June. The decline is particularly noticeable this month, which is due to the good month of the previous year.
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