OTTO Motors Launches Midsize Autonomous Mobile Robot and Makes Industry-leading Strides in Software Development
Company releases new software powering the industry’s most comprehensive fleet of AMRs with the ability to handle any material handling job up to 4,200 lb. KITCHENER, Ontario–(BUSINESS WIRE)–OTTO Motors, a leading provider of autonomous mobile robots (AMRs), today unveiled its newest AMR, OTTO 600, the toughest and most nimble AMR in its class. With the […]
Niron Magnetics to Present at the 2023 ARPA-E Energy Innovation Summit
As an ARPA-E SCALEUP grant awardee, Niron will present on the production process for its rare-earth free Iron Nitride permanent magnets MINNEAPOLIS–(BUSINESS WIRE)–Niron Magnetics, the company pioneering the world’s first high-performance, rare earth-free permanent magnets, today announced that it will participate in the 2023 Advanced Research Projects Agency – Energy (ARPA-E) Energy Innovation Summit, taking […]
Big Joe Introduces Autonomous Pallet Mover in Partnership with Thoro.ai
Automate workflows smarter with the new Big Joe Pallet Mover CHICAGO–(BUSINESS WIRE)–Big Joe Forklifts has unveiled its Pallet Mover, a new user-directed autonomous mobile robot (AMR) on the first day of ProMat 2023. Developed in partnership with Thoro.ai, the Big Joe Pallet Mover is an easy-to-deploy autonomous solution for floor-to-floor pallet transportation and drop-off that […]
ITT And Continental AG Sign 10-Year Strategic Aftermarket Agreement
STAMFORD, Conn.–(BUSINESS WIRE)–March 20, 2023– ITT Inc. (NYSE: ITT) today announced the company has signed a 10-year strategic agreement for the supply of aftermarket brake pads to Continental AG (Continental), a leading global automotive supplier. The agreement is expected to generate more than $1 billion in revenue over the term. Under the agreement, ITT Friction […]
Transphorm Releases 3 kW Inverter Board with Microchip’s Digital Signal Controller, Continuing High Power GaN Leadership
Evaluation Board with SuperGaN® FET and dsPIC® DSC Simplifies and Quickens Development of High Voltage Power Systems GOLETA, Calif.–(BUSINESS WIRE)–$TGAN #5G—Transphorm, Inc. (Nasdaq: TGAN)—a pioneer in and global supplier of high reliability, high performance gallium nitride (GaN) power conversion products—today announced availability of its third high-power GaN design tool using a digital signal controller from […]
Tuesday Ticker: Boyd Group announces Q1 cash dividend, Magna feels effects of rising interest rates
Toronto, Ontario — In this weekly Tuesday Ticker, Boyd Group announces a cash dividend for the first quarter of 2023 and rising interest rates, among other macroeconomic factors, put strain on Magna stocks. Betting on Boyd Boyd Group announced Friday a cash dividend for the first quarter of 2023 of $0.147 per common share. The […]
Bodywork Bash: AASP/NJ hosts Northeast 2023 Automotive Services Show in New Jersey
Secaucus, New Jersey — As the North American automotive aftermarket collectively wakes from winter hibernation it appears that convention enthusiasm has not waned one bit, as the AASP/NJ’s Northeast 2023 Automotive Services Show went off without a hitch this past weekend. Featuring a trade show floor packed with familiar faces from across the collision industry, […]
Hard Work and Determination: Northeast B.C. students take part in Skills Canada competitions
Dawson Creek, British Columbia – Skills Canada B.C. has concluded its rounds of 2023 regional competitions, with more than 45 students from Northeast British Columbia claiming accolades in a variety of trades from cabinetmaking to welding. On Mar. 3, students from school districts 59, 60 and 81 took part in the regional competition at Northern […]
Aluminum Exclusivity: BMW bulletin restricts more than 100 structural aluminum parts to certified facilities
Toronto, Ontario — BMW’s North American division announced in a bulletin Thursday that it has restricted more than 100 aluminum structural parts for its vehicles “due to complexity of repair and the requirement of highly specialized tools, training, and repair procedures.” Going forward, parts on that list can only be ordered by facilities with technicians […]
