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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Rockwell Automation has introduced its new OptiSIS solution, giving industrial operators a pre-engineered safety instrumented system that can help ease deployment and reduce lead times for small and midsized process applications. The OptiSIS solution is ideal for oil and gas, chemical and petrochemical producers with aging process-safety systems that are…

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PEI-Genesis, Inc., one of the world’s fastest assemblers of precision connectors and cable assemblies, will open a new 54,000-square foot production facility in China. The facility will be fully operational May1st. The expansion into China is part of the company’s long-term strategic plan to move into new geographic areas. The…

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Machine to Machine or more popularly known as M2M is increasingly becoming an integral part of businesses and IoT (Internet of things), bringing various aspects of businesses together. Many believe that M2M is the next phase of the internet, where everything will be connected by the web, whether it is…

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As internet commerce matures, consumers are expecting more immediate delivery of goods, but a fleet of drones won't do any good unless the packing warehouses can keep up. The latest effort to help speed up this process comes from Fetch Robotics, which has unveiled Fetch and Freight – a robotic…

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Peloton Technology, a developer of automated truck driving technology that the company says delivers advanced safety, fuel savings and analytics to trucking fleets, has closed a $16 million Series A investment round led by Denso International America, an automotive supplier of advanced technology, and Intel Capital, the global investment arm…

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Canada's Bombardier Inc and Egypt's Orascom Construction and Arab Contractors will build a $1.5 billion monorail near Cairo, Egypt's housing minister said. The 52 kilometer (32 mile) project is set to be completed by mid-2018 with funding from a 14-year loan, Mostafa Madbouly said in a statement, without saying who…

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Assured Automation announces SM Series actuated brass ball valves with compact electric actuators offering a compact, HVAC valve solution.  For use in commercial HVAC applications, these brass and lead free brass automated ball valves are available in sizes 1/2" to 2". The SM Series quarter turn ball valve features a…

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Siemens today announced the inauguration of DanTysk offshore wind power plant in the German North Sea. Siemens has commissioned 80 wind turbines for the 288-megawatt project, each designed to generate 3.6 megawatts of power and equipped with a 120-meter rotor. The wind power plant can generate up to 1.3 billion…

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Rockwell Automation Inc. on Thursday said its earnings rose 14% in its latest quarter thanks to stronger margins and lower costs, but negative currency impacts offset the company’s underlying sales growth. The Milwaukee-based company cut its revenue outlook for the year to roughly $6.4 billion, from its previous guidance for…

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The shareholders elected Peter Voser as Chairman of the Board of Directors, and David Constable as a new member of the Board. Jacob Wallenberg, Roger Agnelli, Matti Alahuhta, Louis R. Hughes, Michel de Rosen and Ying Yeh were re-elected for another term. The shareholders also voted for the proposed compensation…