Industry manufacturing)

Model-Based Definition on The Rise: Capvidia MBD Business Unit Grows 71% in 2020

Retrieved on: 
Monday, January 11, 2021

HOUSTON, Jan. 11, 2021 /PRNewswire/ --Capvidia, the leading CAD software provider in MBD workflows, CAD translation, and validation, saw revenue grow 71% from 2019 to 2020 for their MBD business unit, signaling the growing wave of MBD adoption in 2021 and beyond.

Key Points: 
  • HOUSTON, Jan. 11, 2021 /PRNewswire/ --Capvidia, the leading CAD software provider in MBD workflows, CAD translation, and validation, saw revenue grow 71% from 2019 to 2020 for their MBD business unit, signaling the growing wave of MBD adoption in 2021 and beyond.
  • Model-based definition or MBD is the practice of using the 3D CAD model as the authoritative source for a product's lifecycle.
  • MBD provides the first step in unifying the manufacturing process from design to quality also known as digital transformation.
  • "The manufacturing sector is ripe for evolution," Daniel Campbell, VP of MBD of Capvidia, said.

CES 2021: Bosch puts its faith in AI and connectivity – for the protection of people and the environment

Retrieved on: 
Monday, January 11, 2021

Among the innovations Bosch is debuting at the tech show is the worlds first self-learning AI sensor for wearables and hearables in fitness tracking.

Key Points: 
  • Among the innovations Bosch is debuting at the tech show is the worlds first self-learning AI sensor for wearables and hearables in fitness tracking.
  • This platform was designated a 2021 CES Innovation Award Honoree, making it one of four Bosch solutions singled out this year.
  • Ninety-four percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation.
  • The remaining shares are held by the Bosch family, by a corporation owned by the family, and by Robert Bosch GmbH.

DGAP-News: Hasan Dandashly and Andreas Krinninger appointed to the Executive Board of KION GROUP AG

Retrieved on: 
Monday, January 11, 2021

Frankfurt am Main, January 11, 2021 - Going forward, all operating activities will be directly represented on the Executive Board of KION GROUP AG.

Key Points: 
  • Frankfurt am Main, January 11, 2021 - Going forward, all operating activities will be directly represented on the Executive Board of KION GROUP AG.
  • The Group's Supervisory Board has appointed Hasan Dandashly (61) and Andreas Krinninger (53) as additional members of the Group's Executive Board effective January 2021.
  • Hasan Dandashly will have Executive Board responsibility for the Supply Chain Solutions (SCS) segment, which comprises the global business of Dematic.
  • "By integrating direct responsibility for operations into the Executive Board, we are establishing a strong organizational basis for the future global growth of the KION Group," says Michael Macht, chairman of the Supervisory Board.

Inspection Machines Market worth $871 million by 2025 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, January 8, 2021

Based on product, the inspection machines market is segmented into vision inspection systems, leak detection systems, X-ray inspection systems, combination systems, checkweighers, metal detectors, software, and other inspection systems.

Key Points: 
  • Based on product, the inspection machines market is segmented into vision inspection systems, leak detection systems, X-ray inspection systems, combination systems, checkweighers, metal detectors, software, and other inspection systems.
  • Based on type, the market is segmented into fully automated machines, semi-automated machines, and manual machines.
  • The fully automated machines segment accounted for the largest share of the inspection machines market in 2019.
  • The Asia Pacific inspection machines market is expected to grow at the highest CAGR from 2020 to 2025.

Inspection Machines Market worth $871 million by 2025 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, January 8, 2021

Based on product, the inspection machines market is segmented into vision inspection systems, leak detection systems, X-ray inspection systems, combination systems, checkweighers, metal detectors, software, and other inspection systems.

Key Points: 
  • Based on product, the inspection machines market is segmented into vision inspection systems, leak detection systems, X-ray inspection systems, combination systems, checkweighers, metal detectors, software, and other inspection systems.
  • Based on type, the market is segmented into fully automated machines, semi-automated machines, and manual machines.
  • The fully automated machines segment accounted for the largest share of the inspection machines market in 2019.
  • The Asia Pacific inspection machines market is expected to grow at the highest CAGR from 2020 to 2025.

Recochem, an H.I.G. Capital Portfolio Company, Completes Acquisition of Paint Over Rust Products

Retrieved on: 
Friday, January 8, 2021

Headquartered in New Rochelle, NY, POR develops, manufactures, and markets premium metal restoration products, rust preventative solutions, and related car care accessories under the POR-15 brand.

Key Points: 
  • Headquartered in New Rochelle, NY, POR develops, manufactures, and markets premium metal restoration products, rust preventative solutions, and related car care accessories under the POR-15 brand.
  • POR has grown rapidly by building an omni-channel brand in the automotive aftermarket while offering best-in-class product quality and service.
  • POR-15 is the premier brand in the metal restoration and rust preventative category with a very strong following among car enthusiasts.
  • is a leading global private equity and alternative assets investment firm with $43 billion of equity capital under management.

PLUXITY Launches ‘PLUG-airport’ Platform That Allows Smart Control of Airports and Factories Flexibly

Retrieved on: 
Friday, January 8, 2021

PLUXITY, the leader in 3D virtualization technology, has developed the PLUG-airport solution with the source technology as the basis.

Key Points: 
  • PLUXITY, the leader in 3D virtualization technology, has developed the PLUG-airport solution with the source technology as the basis.
  • Based on 3D spatial information, PLUG-airport can control physical security systems including closed-circuit TVs and access control, as well as other systems such as lightings and environmental sensors in a single 3D map.
  • An official of PLUXITY said, "Far removed from the conventional closed-circuit TV monitoring system, our platform is based on 3D spatial information and can respond quickly and accurately to developing situations.
  • As it has been developed as a platform custom-tailored to each and every purpose, we expect that its demand from the building management platform industry will increase rapidly."

New Vision Display earns recognition as a John Deere "Partner-level Supplier" and Supplier of the Year

Retrieved on: 
Thursday, January 7, 2021

ROSEVILLE, Calif., Jan. 7, 2021 /PRNewswire/ -- New Vision Display has earned recognition as a Partner-level supplier for 2019 and was also named John Deere Electronic Solutions (JDES) Supplier of the Year in the John Deere Achieving Excellence Program.

Key Points: 
  • ROSEVILLE, Calif., Jan. 7, 2021 /PRNewswire/ -- New Vision Display has earned recognition as a Partner-level supplier for 2019 and was also named John Deere Electronic Solutions (JDES) Supplier of the Year in the John Deere Achieving Excellence Program.
  • New Vision Display is a supplier of Liquid Crystal Displays (LCDs) and Projected Capacitive (PCap) touch screens for John Deere agricultural, construction, and consumer lawn and garden equipment.
  • John Deere Supply Management created the program in 1991 to provide a supplier evaluation and feedback process that promotes continuous improvement.
  • View original content to download multimedia: http://www.prnewswire.com/news-releases/new-vision-display-earns-recogni...
    SOURCE New Vision Display (Shenzhen) Co., Ltd

Schaeffler is official sponsor and supplier of drive-by-wire technology for driverless "Indy Autonomous Challenge"

Retrieved on: 
Thursday, January 7, 2021

The company will supply its patented "Space Drive" drive-by-wire technology developed by Schaeffler Paravan Technologie GmbH & Co.KG.

Key Points: 
  • The company will supply its patented "Space Drive" drive-by-wire technology developed by Schaeffler Paravan Technologie GmbH & Co.KG.
  • This makes Space Drive a key technology for autonomous driving, for which steering with the appropriate functional redundancy in accordance with ISO Standard 26262 ASIL-D is a basic requirement.
  • Schaeffler will be participating at this year's CES, where the company will showcase its e-mobility, e-motor and autonomous driving technologies.
  • About Schaeffler Paravan Technologie GmbH & Co. KG
    Schaeffler Paravan Technology GmbH & Co. KG specializes in the development of fail-safe drive-by-wire systems ("Space Drive") and chassis system solutions.

3D Systems to Present at the Needham Virtual Growth Conference

Retrieved on: 
Wednesday, January 6, 2021

ROCK HILL, S.C., Jan. 06, 2021 (GLOBE NEWSWIRE) -- 3D Systems (NYSE:DDD) announced today that management will present at the Needham Virtual Growth Conference on Wednesday, January 13, 2021 at 10:45 a.m. Eastern Time.

Key Points: 
  • ROCK HILL, S.C., Jan. 06, 2021 (GLOBE NEWSWIRE) -- 3D Systems (NYSE:DDD) announced today that management will present at the Needham Virtual Growth Conference on Wednesday, January 13, 2021 at 10:45 a.m. Eastern Time.
  • A live webcast of the presentation will be available on the "Investor Relations" section of 3D Systems website at https://investor.3dsystems.com/ and will remain available for replay for at least 30 days following the event.
  • More than 30 years ago, 3D Systems brought the innovation of 3D printing to the manufacturing industry.
  • 3D Systems solutions address a variety of advanced applications in Healthcare and Industrial markets such as Medical and Dental, Aerospace & Defense, Automotive, and Durable Goods.