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Drives & Control Solutions
Drives & Control Solutions
Motors, Control Solutions, Power Transmission and Advanced Motion Technology

Peers & Profiles

  • Peers & Profiles | Automotive | Food & Beverage | General Manufacturing | Healthcare

    Festo: Optimistic Start for 100th Anniversary Year

    April 1, 2025 Solid 2024 financial results despite a difficult environment The Festo Group achieved a positive result in the financial year 2024, on par with the previous year, as announced by the Chairman of the Management Board, Thomas Böck, at a press conference held during the Hannover Messe. The innovation leader significantly expanded its…

    Read More Festo: Optimistic Start for 100th Anniversary YearContinue

  • Peers & Profiles | Advanced Motion Products | Automotive | Food & Beverage | General Manufacturing | Healthcare

    Festo Canada Celebrating 50 Years of Helping Make Canada an Automation Nation

    April 1, 2025 The year was 1975. Newly created Festo Canada joined an industrial eco-system feeling the stirrings of accelerating technological change, a transformation that would become known as Industry 3.0. PLCs, articulated robots, computer numerical control systems were beginning to proliferate. The first US patent for Ethernet was filed that year. (That was also…

    Read More Festo Canada Celebrating 50 Years of Helping Make Canada an Automation NationContinue

  • Peers & Profiles | Data & Security | General Manufacturing

    Federal Government Partnering with Siemens Canada to Establish New R&D Centre in Oakville, Ontario

    April 1, 2025 Proposal would see the establishment of an R&D hub focused on battery technologies The Government of Canada recognizes the critical role batteries and battery components play in the global movement toward a net-zero economy. As the world shifts to electric vehicles and cutting-edge technologies, the demand for batteries is surging, and Canada…

    Read More Federal Government Partnering with Siemens Canada to Establish New R&D Centre in Oakville, OntarioContinue

  • Latest Articles | General Manufacturing | Peers & Profiles | Power Distribution & Energy

    Shaping the Future of Manufacturing: ABB’s Investment in Automation and Growth

    March 28, 2025 By Elle Bremmer During a recent visit to ABB’s facility in Pointe-Claire, dubbed T-CAN after its location alongside the Trans-Canadian highway, Elle Bremmer, Managing Editor at Kerrwil Media Ltd. saw firsthand how automation is shaping the future of manufacturing. Specializing in plastic injection molding, the plant produces key products for ABB, such…

    Read More Shaping the Future of Manufacturing: ABB’s Investment in Automation and GrowthContinue

  • Peers & Profiles | Test and Measurement | Tools for the Trade

    Sentera Joins Thermal by FLIR Program, Elevates 6X Thermal Sensor Series for Precision UAS Applications

    March 27, 2025 Teledyne FLIR OEM, part of Teledyne Technologies Incorporated (NYSE:TDY), announced on March 25th that Sentera Sensors and Drones, a leading provider of advanced sensors and data, has joined the Thermal by FLIR program. Integrating FLIR Boson® thermal camera modules into the Sentera 6X Thermal Series adds new high-precision thermal mapping capabilities to their integrated multispectral and…

    Read More Sentera Joins Thermal by FLIR Program, Elevates 6X Thermal Sensor Series for Precision UAS ApplicationsContinue

  • Peers & Profiles | Data & Security | General Manufacturing | Industry Insights

    Siemens Acquires Altair to Create Most Complete AI-Powered Portfolio of Industrial Software

    March 26, 2025 Siemens Acquires Altair Siemens announced on March 26, that it has completed the acquisition of Altair Engineering Inc., a leading provider of software in the industrial simulation and analysis market, for an enterprise value of approximately USD 10 billion. With this acquisition, Siemens extends its leadership in simulation and industrial artificial intelligence…

    Read More Siemens Acquires Altair to Create Most Complete AI-Powered Portfolio of Industrial SoftwareContinue

  • Peers & Profiles | Power Distribution & Energy

    Hammond Power Solutions Announces Lead Director Retirement

    March 26, 2025 Hammond Power Solutions Inc. (“HPS” or “Company”) has announced the retirement of Grant Robinson from the board of directors of the Company, effective March 25, 2025. Grant was originally scheduled to retire at the upcoming shareholders meeting of the Company on May 8, 2025, but was recently diagnosed with a significant health…

    Read More Hammond Power Solutions Announces Lead Director RetirementContinue

  • Peers & Profiles | Data & Security | General Manufacturing | Industry Insights

    ODVA Organizational Leadership Selected for 24th Term

    March 26, 2025 The leadership for ODVA’s 24th term was elected and announced at the 23rd Annual Meeting of Members in Clearwater, Florida, USA on March 20, 2025. The organization has launched a strategic initiative to improve research for future technologies and trends, streamline prioritization and planning, and achieve enhanced operational excellence. This future-focused vision is an…

    Read More ODVA Organizational Leadership Selected for 24th TermContinue

  • Peers & Profiles | Power Distribution & Energy

    Schneider Electric Exceeds its 2024 Sustainability Target and Approaches the End of its Current Program

    March 25, 2025 Schneider Electric, one of the leaders in the digital transformation of energy management and automation, has published details of its sustainability performance for the final quarter of 2024, alongside its full-year financial results. The company’s Sustainability Impact (SSI) score reached 7.55 out of ten, surpassing the 2024 end-year target of 7.40. Monitoring…

    Read More Schneider Electric Exceeds its 2024 Sustainability Target and Approaches the End of its Current ProgramContinue

  • Peers & Profiles | Automotive | Daily News | Mining | Power Distribution & Energy

    Government of Canada Welcomes Proposal from Electra Battery Materials that will Strengthen Canada’s Critical Minerals Value Chain

    March 25, 2025 Proposal would enable the production of cobalt sulfate The federal government is committed to expanding Canada’s critical minerals value chains to power clean technologies. The growing demand for critical minerals represents a generational opportunity for Canada to  build the strongest economy in the G7, anchor supply chains and support the shift to…

    Read More Government of Canada Welcomes Proposal from Electra Battery Materials that will Strengthen Canada’s Critical Minerals Value ChainContinue

  • Peers & Profiles | Daily News | Power Distribution & Energy

    Canada Partners with Heidelberg Materials to Drive Cement Industry Decarbonization

    March 25, 2025 Investment will help build North America’s first commercial full-scale carbon capture, utilization and storage system in the cement industry Canada is supporting new technologies to reduce greenhouse gas (GHG) emissions from heavy industries like cement and concrete. This is why, on March 5, the Honourable François‑Philippe Champagne, Minister of Innovation, Science and Industry,…

    Read More Canada Partners with Heidelberg Materials to Drive Cement Industry DecarbonizationContinue

  • Peers & Profiles | Industry Insights

    ABB Ranked Second Top Swiss Company for Patent Applications in 2024

    March 25, 2025 ABB Ranked Second Top Swiss Company for Patent Applications in 2024 With 540 patent applications, ABB has secured second place among Swiss companies in the European Patent Office’s (EPO) Patent Index 2024, jumping from fourth place in 2023. The annual list of patent applications is published by the EPO in Munich, Germany, and…

    Read More ABB Ranked Second Top Swiss Company for Patent Applications in 2024Continue

  • Product News | General Manufacturing | Industry Insights | Peers & Profiles

    Omron Automation Software “Sysmac Studio” and NVIDIA Omniverse Collaborate to Innovate Digital Twin Manufacturing Solutions

    March 24, 2025 At NVIDIA GTC 2025, Omron demonstrated how its inspection machine and automation technologies connect to NVIDIA Omniverse to improve operational efficiency for factory automation developers. Omron’s digital twin technology was featured in the keynote speed by NVIDIA CEO Jensen Huang on March 18, 2025, at 10:00am PT. Omron Corporation (Headquarters: Shimogyo-ku, Kyoto;…

    Read More Omron Automation Software “Sysmac Studio” and NVIDIA Omniverse Collaborate to Innovate Digital Twin Manufacturing SolutionsContinue

  • Peers & Profiles | Automotive | Daily News | General Manufacturing | Power Distribution & Energy

    Federal Government Partnering with Siemens Canada to Establish New R&D Centre in Oakville, Ontario

    March 21, 2025 Proposal would see the establishment of an R&D hub focused on battery technologies The Government of Canada recognizes the critical role batteries and battery components play in the global movement toward a net-zero economy. As the world shifts to electric vehicles and cutting-edge technologies, the demand for batteries is surging, and Canada…

    Read More Federal Government Partnering with Siemens Canada to Establish New R&D Centre in Oakville, OntarioContinue

  • Peers & Profiles | Daily News | General Manufacturing | Industry Insights | Power Distribution & Energy

    Canada to Invest in Teledyne to Further Advance Canada’s Semiconductor Industry

    March 21, 2025 Project will increase Canada’s semiconductor production capacity and efficiency The Government of Canada understands the importance of positioning the country as a supplier of choice for specialized semiconductor products. With applications in nearly every industry, semiconductors are critical to Canada’s national security, economy and technological interests. On March 21, the Honourable Anita…

    Read More Canada to Invest in Teledyne to Further Advance Canada’s Semiconductor IndustryContinue

  • Vention Unveils AI-Powered Bin Picking that Transforms Robots into Reliable, Autonomous Operators — Live at NVIDIA GTC 2025
    Product News | General Manufacturing | Peers & Profiles

    Vention Unveils AI-Powered Bin Picking that Transforms Robots into Reliable, Autonomous Operators — Live at NVIDIA GTC 2025

    March 18, 2025 Vention, the creator of what they claim is the world’s only full-stack software and hardware automation platform, will debut its AI-driven bin-picking technology at NVIDIA GTC, the world’s premier artificial intelligence (AI) conference for developers being held this week. This new AI-driven process eliminates complex and expensive custom solutions that require programming…

    Read More Vention Unveils AI-Powered Bin Picking that Transforms Robots into Reliable, Autonomous Operators — Live at NVIDIA GTC 2025Continue

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