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Power management company Eaton recently announced it has signed an agreement to acquire Tripp Lite, a supplier of power quality products and connectivity solutions including single-phase uninterruptible power supply systems, rack power distribution units, surge protectors, and enclosures for data centers, industrial, medical, and communications markets in the Americas.
Founded nearly 100 years ago, the company is headquartered in Chicago, Illinois. Under the terms of the agreement, Eaton will pay $1.65 billion for Tripp Lite, which represents approximately 12 times Tripp Lite’s 2020 EBITDA and 11 times estimated 2021 EBITDA.
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Power and Control Cable Market size was valued at over USD 140 billion in 2019 and is anticipated to register more than 6% CAGR between 2020 and 2026. Ongoing investments toward the enhancement and expansion of grid infrastructure in order to meet rising electricity demand across the globe will propel the market growth over the forecast period.
Read more: Power and Control Cable Market Is Set to Exceed...
Last year, Rittal Systems Ltd. launched the premier Canadian ‘Advancing Women in Tech’ Scholarships as part of Electro-Federation Canada’s annual Scholarship Program.
Read more: Rittal Announces the ‘Rittal Advancing Women in...
Infrared thermal cameras are a great additional to a preventive maintenance program. They’re easy to use and can help you find where issues are within your electrical system. Thermal cameras often have a point-and-shoot design with the IR image displayed on a screen on the back of the camera.
One of the pressing challenges faced by today’s manufacturing companies is a shortage of skilled workers. This shortage spans a wide range of roles from visual inspections to equipment maintenance.
Just as most people haven’t crossed paths with sophisticated criminals in their everyday lives, most industrial automation users have not had to face major cyber threats from bad actors.
Hawboldt Industries has installed an ABB winch drive with unique inbuilt active heave compensation (AHC) software at the heart of a new winch and offshore crane for the Research Vessel Kilo Moana.
Read more: Ocean Research Vessel Samples Success With ABB...
Integrators and Robots have been paired together since automation first made its way on to the scene. Integrators have worked closely and were a bridge between robot manufacturers and the industries that adopted robotics right from the beginning.
Read more: Discussing FANUC’s Authorized Systems Integrator...
It was winter 2009, and Samuel Bouchard was on a mission to sell his startup’s first product, a robotic gripper, to the automotive manufacturers of Michigan.
Read more: Lean Robotics: Making Robots Work in Your Factory
Control panel builders utilize several factors to create optimal functionality. Taking these considerations a step further to ensure safe operation, designers should adhere to widely accepted standards, notably Underwriters Laboratories (UL) UL508A.
Read more: Employing the UL508A Standard for Control Panel...
In the next ten years, more and more people around the world will be working with robots. Automation is becoming mainstream and is finding its way into more and more areas. Easy access to robotics: That’s KUKA’s ambitious goal.
Changing Scene
EPLAN offers a variety of training courses to help you further your knowledge and make you a better ...
Littelfuse, Inc. recently announced it has acquired Hartland Controls. Headquartered in ...
Rittal Systems Ltd. (Rittal Canada) was recently pleased to introduce their new experienced ...
Power management company Eaton recently announced it has signed an agreement to acquire Tripp Lite, ...
Phoenix Contact Ltd. is proud to announce and welcome Udayan Pandya as the Company’s Head of ...
Robomold Plastic Solutions, a division of Gemini Inc., recently announced that it has partnered ...
EY Canada is pleased to welcome Montreal-based Resolution Inc. to the firm today to enhance its ...
Brock Solutions and IT Partner Are Bringing Airport and Seaport Expertise Together
Brock Solutions is now an official Business Partner of IT Partner Group, who provides software solutions for the logistics industry; specialized for ports, terminals, agencies, freight forwarders and stevedoring companies.
Dan Vandevenne, Brock Solutions’ Transportation & Logistics Business Unit Manager, remarked “Brock Solutions sees the need for automation and digitalization in airports, airlines, and distribution centers every day. With over 30 years of experience modernizing and automating processes, Brock Solutions is thrilled to share our experience and leverage IT Partner’s expertise to improve operations within the maritime logistics industry.”
Littelfuse Acquires Hartland Controls - Acquisition Expands Industrial Product Portfolio and End Market Leadership
Littelfuse, Inc. recently announced it has acquired Hartland Controls. Headquartered in Rock Falls, Illinois, Hartland Controls is a manufacturer and leading supplier of electrical components used primarily in heating, ventilation, air conditioning, and refrigeration (HVAC/R) and other industrial and control systems applications. For 2020, Hartland Controls had sales of approximately $70 million.
"Hartland Controls is a premier provider of control products and assemblies, with an outstanding reputation for quality, engineering, and customer service," said Peter Kim, Vice President and General Manager, Littelfuse Industrial Business.
Are You Ready to Increase Your Skills and Drive Your Company's Success?
EPLAN offers a variety of training courses to help you further your knowledge and make you a better EPLAN user. Whether you are new to EPLAN or a seasoned user looking for advanced training, EPLAN will have the right training to help you become more efficient than ever before.
EPLAN Electric P8 - Basic Training Online
Over the course of this training program, you will learn how to design in accordance with NFPA standards, learn and apply various design methods, create complex schematic documentation, how to automatically create manufacturing and build documents and the preparation of design data and further processing in third-party systems.
Phoenix Contact Welcomes Udayan Pandya as the Head of Automation Business Area, Industrial Management and Automation (IMA) for Canada
Phoenix Contact Ltd. is proud to announce and welcome Udayan Pandya as the Company’s Head of Business Area, Industrial Management and Automation (IMA). Udayan will be responsible for the activities and performance of the IMA business areas in the Canadian market and will lead Phoenix Contact’s vertical market management activities and develop the organizations' presence and effectiveness in select markets.
Udayan brings over 23 years of experience leading and growing the Industrial Automation business in Canada. Previously, Udayan held the position of Director, Industrial Automation Systems with Siemen’s and most recently, as Vice President with AIS Technologies Group.
Eaton Signs Agreement to Acquire Tripp Lite, Expanding Eaton’s Power Quality Business in the Americas
Lean Robotics: Making Robots Work in Your Factory
By Samuel Bouchard
WHY I WROTE THIS BOOK
It was winter 2009, and I was on a mission to sell my startup’s first product, a robotic gripper, to the automotive manufacturers of Michigan. My cofounders and I—three friends from the robotics lab at Laval University—had a straightforward business plan for our new company,Robotiq.
At the time, every robotic gripper had custom-made fingers, so whenever manufacturers wanted to use grippers in their robotics-based assembly lines, they had to go through lots of trial and error regarding custom design and fabrication.
Fanuc America Launches New CRX Cobot Website
FANUC America recently announced the launch of a new e-learning website to educate manufacturers and industry about its CRX collaborative robot. The site provides online training modules, a deep dive into a wide range of peripheral device and tooling partners, and the latest product information about its CRX cobot lineup.
CRX PRODUCT FEATURES
FANUC’s new CRX collaborative robots are easy to use and program, safe, flexible, and quick to get up and running for a variety of manufacturing and industrial applications.
Mission Until 2030 KUKA Makes Automation Available to Everyone
By Wolfgang Meisen, Head of Corporate Communication
In the next ten years, more and more people around the world will be working with robots. Automation is becoming mainstream and is finding its way into more and more areas.
Easy access to robotics: That’s KUKA’s ambitious goal – and therefore is presenting the first elements of a preview of an operating system of the future at the digital Hannover Messe 2021. Because therein lies the key: simple operation and intuitive handling of automation solutions, which until now have often been reserved for experts.
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Large, unwieldy bags of dog food, non-airtight clothing or consumer goods packages, and bulky, ...
With ready2_fasten_micro, KUKA offers a solution for the robot-assisted fastening of the tiny ...
If you think that the innovation potential of stationary clamping system is already ex-hausted, you ...
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Littelfuse: New Features to the MP8000 Bluetooth Overload Relay
The Littelfuse MP8000 Bluetooth Enabled Overload Relay is a smart, universal relay that communicates with your smartphone via Bluetooth. No need to open the control panel.
Monitor real-time data, view fault codes and control unlimited relays through the Littelfuse App on the smartphone you already own from up to 30 feet away.
