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Columbus McKinnon Corporation, a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced that the Company has executed a definitive agreement to acquire Garvey Corporation (“Garvey”) for $74 million. The Company plans on financing the acquisition by borrowing $75 million utilizing the accordion option under its existing Term Loan B. The transaction is expected to close before the end of 2021. The additional borrowings are Read more...

Emerson: Emerson has introduced a new Class A, IO-Link master that provides customers with a cost-effective solution for smart and analog sensor connectivity on the AVENTICS™ Series G3 Fieldbus platform. The G3 IO-Link Master is suitable for machine architectures with many sensors and pneumatic valves, and where it’s important to have reliable digital data communication between field devices, such as sensors and the machine controller. Application areas include automotive, Read more...

ASRock Industrial releases the 4X4 BOX 7040 Series Mini PCs powered by AMD Ryzen™ 7040U Series APUs, featuring up to 8 “Zen 4” cores and 16 threads. With the new AMD Ryzen™ AI, the first AI engine for an x86 platform, and support of dual-channel DDR5 5600MHz memory up to 64GB, the new Series sprint ahead in speed, performance, and AI capability, while guaranteeing extended runtime. The 4X4 BOX 7040 Series comes with enriched I/O connectivity in a compact appearance, en Read more...