Spare part

Addtronics Acquires Bow Robotics

Retrieved on: 
Thursday, May 18, 2023

WEST CHESTER, Ohio, May 18, 2023 /PRNewswire/ -- Addtronics, LLC ("Addtronics"), a mission-driven holding company dedicated to acquiring, empowering, and growing leading robotic automation solution providers, announced today that it has acquired Bow Robotics ("Bow").

Key Points: 
  • WEST CHESTER, Ohio, May 18, 2023 /PRNewswire/ -- Addtronics, LLC ("Addtronics"), a mission-driven holding company dedicated to acquiring, empowering, and growing leading robotic automation solution providers, announced today that it has acquired Bow Robotics ("Bow").
  • Bow, who has almost 30 years of experience in the robotics industry, will continue to lead the organization as President and will work closely alongside the Addtronics leadership team.
  • Bow remarked, "The Bow Robotics team is excited to join Addtronics and leverage our aftermarket services expertise to further accelerate the growth of both Bow and Addtronics.
  • Jerry Osborn, President of Addtronics, added, "The acquisition of Bow furthers the growth of Addtronics and adds significant scale and capabilities to our organization.

CE Brands Reports Third Quarter 2023 Financial Results and Management Change

Retrieved on: 
Thursday, March 2, 2023

CALGARY, Alberta, March 01, 2023 (GLOBE NEWSWIRE) -- CE Brands Inc. (TSXV: CEBI; CEBI.WT) (“CE Brands”, “we”, “our”, or the “Company”), a data-driven consumer-electronics company, today announced its financial results for the three and nine-month period ended December 31, 2022 (“Q3 2023”) ⁽¹⁾.

Key Points: 
  • CALGARY, Alberta, March 01, 2023 (GLOBE NEWSWIRE) -- CE Brands Inc. (TSXV: CEBI; CEBI.WT) (“CE Brands”, “we”, “our”, or the “Company”), a data-driven consumer-electronics company, today announced its financial results for the three and nine-month period ended December 31, 2022 (“Q3 2023”) ⁽¹⁾.
  • The related condensed interim consolidated financial statements and Management’s Discussion and Analysis (“MD&A”) for Q3 2023 are available on SEDAR at www.sedar.com and on CE Brands’ website at www.cebrands.ca/investors.
  • In view of this, the Company expects significant improvements in the gross revenue starting quarter four of the fiscal year ending on March 31, 2023 and continuing to the subsequent periods.
  • We are confident that we will continue to achieve revenue growth in fiscal 2023 as we execute on our stated new product launches.

Roundtable Webinar: Fortifying Global Spare Parts Management Post COVID-19 with Dynamic Planning to Drive Growth

Retrieved on: 
Tuesday, June 23, 2020

MOUNTAIN LAKES, N.J., June 23, 2020 /PRNewswire-PRWeb/ --Even on the best of days, global spare parts management presents unique and dynamic challenges for high-tech OEMs of any size.

Key Points: 
  • MOUNTAIN LAKES, N.J., June 23, 2020 /PRNewswire-PRWeb/ --Even on the best of days, global spare parts management presents unique and dynamic challenges for high-tech OEMs of any size.
  • Join host Flash Global for the next installment of its FlashTube educational webinar series, "Fortifying Global Spare Parts Management Post COVID-19 with Dynamic Planning to Drive Growth," at 11 a.m. EDT on Thursday, June 25.
  • This hour-long interactive roundtable session will also feature guest experts from Baxter Planning, and Palo Alto Networks candidly discussing experiences, actions and lessons learned during the global pandemic that reinforces the importance of spare parts planning, service logistics and global customer support.
  • Established in 1993, Baxter Planning provides inventory planning and optimization solutions to support service supply chain requirements across diverse industries.

Global Spare Parts Logistics Market 2020-2024 | Evolving Opportunities with CEVA Logistics AG and Deutsche Bahn AG | Technavio

Retrieved on: 
Thursday, March 12, 2020

In addition, the enhancement of operational efficiency with Industry 4.0 is anticipated to boost the growth of the spare parts logistics market.

Key Points: 
  • In addition, the enhancement of operational efficiency with Industry 4.0 is anticipated to boost the growth of the spare parts logistics market.
  • This is increasing the demand for spare parts logistics in APAC, which is contributing to the growth of the global spare parts logistics market.
  • Major Five Spare Parts Logistics Market Companies:
    CEVA Logistics AG operates its business through segments such as Freight management and Contract logistics.
  • The company offers spare parts logistics services through its DB Schenker Logistics Business Unit.

Global Spare Parts Logistics Market 2019-2023 | Increasing Average Vehicle Age to Boost Growth | Technavio

Retrieved on: 
Wednesday, February 5, 2020

Our spare parts logistics market report covers the following areas:

Key Points: 
  • Our spare parts logistics market report covers the following areas:
    This study identifies enhancement of operating efficiency with Industry 4.0 as one of the prime reasons driving the spare parts logistics market growth during the next few years.
  • Spare Parts Logistics Market 2019-2023: Vendor Analysis
    We provide a detailed analysis of around 25 vendors operating in the spare parts logistics market , including some of the vendors such as CEVA Logistics, Deutsche Post AG, FedEx, KUEHNE + NAGEL and United Parcel Service of America Inc.
  • Backed with competitive intelligence and benchmarking, our research reports on the spare parts logistics market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Spare Parts Logistics Market 2019-2023: Key Highlights
    Technavio is a leading global technology research and advisory company.

Jet Parts Engineering, a Vance Street Capital Portfolio Company, Acquires Aero Parts Mart

Retrieved on: 
Tuesday, January 7, 2020

Jet Parts Engineering LLC (Jet Parts), a leading designer of proprietary OEM-alternative parts and repair services for the commercial aerospace industry and a portfolio company of Vance Street Capital, announced the acquisition of Aero Parts Mart, Inc. (APM).

Key Points: 
  • Jet Parts Engineering LLC (Jet Parts), a leading designer of proprietary OEM-alternative parts and repair services for the commercial aerospace industry and a portfolio company of Vance Street Capital, announced the acquisition of Aero Parts Mart, Inc. (APM).
  • APM is the first strategic add-on acquisition for Jet Parts, which partnered with Vance Street in July 2018.
  • APM and Jet Parts have developed a deep portfolio of PMAs and their customers view them as critical value-added suppliers, said John LeRosen, a Partner at Vance Street.
  • As a recognized and awarded leader in the development of FAA-approved PMA parts and engineered repairs, Jet Parts Engineering (Jet Parts) is devoted to providing spare parts solutions to a global network of airline and MRO partners.

Triumph Group Expands Aftermarket Presence With Launch Of Rotables Trading Business

Retrieved on: 
Thursday, October 17, 2019

LONDON, Oct. 17, 2019 /PRNewswire/ -- Triumph Group [NYSE:TGI] announced at the MRO Europe conference that it has launched Triumph Rotable Trading (TRT), expanding the services offered by its Triumph Product Support business unit.

Key Points: 
  • LONDON, Oct. 17, 2019 /PRNewswire/ -- Triumph Group [NYSE:TGI] announced at the MRO Europe conference that it has launched Triumph Rotable Trading (TRT), expanding the services offered by its Triumph Product Support business unit.
  • "Triumph Rotable Trading demonstrates the entrepreneurial culture that is inherent to the Triumph companies," said Bill Kircher, Executive Vice President of Triumph Product Support.
  • "Rotables trading represents a valuable growth opportunity for our aftermarket business."
  • The new Triumph Rotable Trading business will sell rotable spare parts and components in either repaired, overhauled, serviceable or 'as removed' condition to airline customers and MROs.

Mize to Demo New Field Inventory Management App Developed Jointly on Behalf of Encompass

Retrieved on: 
Friday, September 27, 2019

EZ Stock, developed in conjunction with Encompass , is designed to enable field service technicians to manage all aspects of their "truck stock" service parts inventories, including real-time connection to Encompass' parts inventory and ecommerce website encompass.com .

Key Points: 
  • EZ Stock, developed in conjunction with Encompass , is designed to enable field service technicians to manage all aspects of their "truck stock" service parts inventories, including real-time connection to Encompass' parts inventory and ecommerce website encompass.com .
  • Encompass is a leading provider ofreplacement parts and supply chain services for a diverse range of product brands.
  • The mobile and web app enables technicians to quickly check parts availability in their service vehicles and centers, as well as other technicians' vehicles.
  • Technicians can then easily place parts orders with Encompass when needed for repairs or inventory replenishment.

XCMG Opens Spare Parts Center in Mongolia, Creating Complete Sale, Support and Repair Service in the Region

Retrieved on: 
Friday, August 2, 2019

ULAANBAATAR, Mongolia, Aug. 2, 2019 /PRNewswire/ -- XCMG (000425.SZ) has officially opened the company's first Spare Parts Center in Ulaanbaatar, Mongolia, on July 23.

Key Points: 
  • ULAANBAATAR, Mongolia, Aug. 2, 2019 /PRNewswire/ -- XCMG (000425.SZ) has officially opened the company's first Spare Parts Center in Ulaanbaatar, Mongolia, on July 23.
  • The new Spare Parts Center will connect with the Xuzhou Headquarters, Erenhot Distribution Center and mining districts' On-site Support Warehouses to create a complete 'sale-support-repair' service providing high-quality equipment, flawless support in operation and guarantees for equipment throughout the entire life cycle of XCMG's products.
  • With our new service Center and complete solution, there will be no limit to what we can build together," noted Song.
  • To meet the ever-growing demand for spare parts support and services, XCMG initiated the Spare Parts Center project with local dealer AODE in April 2019.

3-Day Course: MRO Inventory & Critical Spares Management Optimization (Abidjan, Ivory Coast (Cote d'Ivoire) - July 8-10, 2019) - ResearchAndMarkets.com

Retrieved on: 
Tuesday, June 25, 2019

The "MRO Inventory & Critical Spares Management Optimization" training has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "MRO Inventory & Critical Spares Management Optimization" training has been added to ResearchAndMarkets.com's offering.
  • This 3-day course will help attendees learn proven strategies on how they can improve and optimize their spare parts and storeroom.
  • Develop and customize KPI's that would complement your company's operation and efficiently measure the performance of your spares and storeroom management.
  • Learn and apply a detailed step by step strategy for your MRO Spare Parts and Storeroom management.