That “the whole is greater than the sum of its parts” certainly rings true when considering industrial conveying systems. The components side of material transfer can be the lifeline of a manufacturer, ensuring that parts get safely and efficiently from point A to point B — saving workers strenuous and expensive labor — and going where forklifts and other material handling solutions might not be able to go.
Ensuring high levels of system uptime is essential for many control systems, as this drives productivity and profitability. The risk of downtime is a significant concern since it negatively impacts operational resources and the bottom line.
Ford Motor Co. will pay $750 million in separation benefits to hourly workers at a Belgian factory it plans to close next year. Ford revealed the cost in a government filing Tuesday. Ford employs 4,000 hourly workers at the Genk plant. Most approved the separation plan last week.
Microsoft is entangled in a U.S. government investigation into whether the software maker and some of its business partners resorted to bribery to close deals in China, Romania and Italy, according to a report published Tuesday. The Wall Street Journal said the Justice Department and the Securities and Exchange Commission are examining whether kickbacks were paid to foreign officials to help close sale of software.
General Motors is recalling nearly 27,000 Buicks and Cadillacs in the U.S. to fix a problem with the automatic transmissions. The recall affects Buick LaCrosse full-size cars and Cadillac SRX crossover SUVs from the 2013 model year. The company says a software problem can cause the transmissions to inadvertently shift into sport mode.
Security researchers at Symantec warn that the next target for hackers will be your mobile device. NBC News' Bob Sullivan gets a demonstration of just how easy it is to hack a phone. Breaking into a cellphone may not be difficult, but very lucrative for a hacker.
Neither side disclosed the purchase price for the 737-800s, but budget carrier Ryanair said it did negotiate a bulk discount off the total list price of $15.6 billion. Industry analysts said Ryanair almost certainly was paying less than half price, meaning a total bill below $8 billion, or $45 million per aircraft.
A bankruptcy judge has approved the sale of Twinkies to a pair of investment firms, one of which has said it hopes to have the cakes back on shelves by summer. Hostess Brands Inc. is selling Twinkies, Ding Dongs, Ho Hos and other brands to Apollo Global Management and Metropoulos & Co. for $410 million.
The U.S. and China began to re-engage Tuesday on knotty issues ranging from economic frictions to North Korea's nuclear program following a months-long hiatus during President Barack Obama's re-election and China's installation of new leaders.
An admitted online "troll" was sentenced Monday to the maximum prison term under federal guidelines — more than three years — for illegally gaining access to AT&T's servers and stealing more than 100,000 email addresses of iPad users.
Swedish wireless equipment maker Ericsson and Switzerland's STMicroelectronics say they will lay off up to 1,600 workers globally as part of a plan for splitting up their unprofitable joint venture. STMicroelectronics, one of Europe's largest chipmakers, announced in December that it wanted out of ST-Ericsson as it struggled with a downturn in global demand.
Suntech, one of the world's biggest solar panel manufacturers, said Monday it has defaulted on a $541 million bond payment in the latest sign of the financial squeeze on the struggling global solar industry. Suntech Power Holdings Ltd.'s announcement was a severe setback for a company lauded as a leader of efforts to make China a center of the renewable energy industry.
Incorporating automated equipment into food manufacturing processes can offer a wealth of benefits. Matt Wicks of Intelligrated spoke with Food Manufacturing about how food processors can best harness automated technologies in their facilities.
Onshoring, the movement of returning outsourced manufacturing back to the U.S., first began with labor issues in China. Because of raising labor costs, companies are looking to move production back to the U.S. CEO and President of Automation GT, Simon Grant, states “we’ve seen a trend with companies wishing to be ‘reshored’.
A Minnesota non-profit helps small minority-owned businesses get off the ground. Employees at Independent Packing Services Inc. build shipping crates to help build the future of Minnesota's economy. KARE's Boua Xiong reports.