NEWS

For our visitors who seek the latest industry news and updates to keep abreast with the goings-on of the business on a global scale, Plant Automation Technology portal grants a dynamic and diverse feed of news items.

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Germany based auto component major ZF Friedrichshafen AG has marked its entry into industrial gear market and further strengthened its position in wind turbine segment with the acquisition of Bosch Rexroth's large gearbox business. Both the companies declined to reveal the price of the acquisition. This will give ZF product…

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Harting's Han Ex product portfolio is offering new standard inserts and housings, providing users with greater flexibility. Designed to conform with the preconditions for the ignition protection intrinsic safety category, Han Ex is deployed chiefly in the mining, chemistry and process automation industries. The Han Ex portfolio can also be…

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Hollysys Automation Technologies Ltd. (HOLI) on Thursday reported fiscal third-quarter net income of $31.6 million. On a per-share basis, the Beijing-based company said it had profit of 53 cents. Earnings, adjusted for one-time gains and costs, were 50 cents per share. The maker of industrial, rail and subway automation systems…

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Teradyne Inc. on Wednesday agreed to buy Universal Robots for $285 million in cash, in a move to expand its business with the low-cost collaborative robots. Universal Robots is a privately held Danish company that makes simple robots that usually work alongside production workers in the manufacturing process. It has…

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Mitsubishi Electric Corporation announced today that Mitsubishi Elevator India Private Limited will build a factory in Bangalore, India, aiming to strengthen local competitiveness and expand business in the world's second largest market for elevators and escalators. India's elevator and escalator market, which has grown in step with the country's rapid…

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GE Hitachi Nuclear Energy (GEH) is planning to provide refuelling services to pressurized water reactors (PWRs), and has agreed to conduct PWR refuelling work for Exelon. A global vendor of boiling water reactors (BWRs), GEH predecessor General Electric designed and built more than 60 of the 81 BWRs currently in…

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The Endress+Hauser Group, a leader in measurement instrumentation, services and solutions for industrial process engineering, is set to complete takeover of Germany-based Analytik Jena. The group is also interested in buying shares, said a statement. Dr Heiner Zehntner, legal counsel and member of the executive board, Endress+Hauser Group and supervisory…

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Datapaq releases TP3 20-channel temperature logger for heat treatment, paint-curing, and ceramics processes can store up to 3.6 million data points with ±0.3 °C (0.5 °F) accuracy. One logger can perform up to ten measurement runs before data download. Thermal and ingress protection ensure optimal performance in extreme applications, such…

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Emerson Process Management has introduced the Rosemount 3051S High Static Differential Pressure Transmitter, a reliable solution for critical process measurements in applications requiring high static pressure capability of up to 15,000 psi (1034 bar). As processing applications increasingly operate in conditions with extreme pressures and temperatures, operators must vigilantly monitor…

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General Electric Co (GE.N) said on Monday for the first time it would be willing to consider concessions in order to win European approval to acquire the power equipment unit of France's Alstom (ALSO.PA). "We are willing to explore remedies to get this deal done even though again we believe…