Crown Equipment Corporation

Mobile Robots Market (AGV and AMR) to reach ~$20B TAM by 2028 with an installed base of 2,700,000 Mobile Robots - LogisticsIQ

Retrieved on: 
Wednesday, January 31, 2024
Clearpath Robotics, CSG, Wireless, Musiktheater im Revier, JBT Corporation, ASP, Viastore Systems, Crown Equipment Corporation, QR, AMR, Software, Sensor fusion, SoftBank Group, Robert Williams (robot fatality), Safety, Human voice, KION Group, Informatik, Hikvision, Rockwell Automation, MOV, FREEDOM, Artificial intelligence, CPM, Beumer Group, JD, Growth, Robotics, Honeywell Intelligrated, Gesellschaft mit beschränkter Haftung, SBS, Deep learning, OPEX, KUKA, ROI, Automation, CGI, Vecna Robotics, OPEX (corporation), LG Chem, RaaS, ST Engineering, Mobile industrial robots, TAM, DMW, Omron Adept, ASRS, AI, Research, MHS, QR code, Security, Motion control, ASI, Bossa Nova Robotics, Lidar, EnerSys, Ocado, PSB, Mobile robot, AGV, Communication, Retail

Both AGVs and AMRs collectively are going to cross the installed base of 2.7 million units in 2028 to make the mobile robots a new normal in our day-to-day operational activities.

Key Points: 
  • Both AGVs and AMRs collectively are going to cross the installed base of 2.7 million units in 2028 to make the mobile robots a new normal in our day-to-day operational activities.
  • United States, Germany, U.K., and China are going to lead the market with an annual demand of more than 350,000 mobile robots (AGV & AMR) by 2028.
  • Goods to Person (G2P) and Person to Goods (P2G), both type of AMRs are having their own market with some advantages and disadvantage.
  • Picking Robots, Manipulator Robots, Case Handling Robots, and Sortation Robots are going to emerge as a new important category by 2028, specially in micro-fulfillment space.

Mobile Robots Market (AGV and AMR) to reach ~$20B TAM by 2028 with an installed base of 2,700,000 Mobile Robots - LogisticsIQ

Retrieved on: 
Wednesday, January 31, 2024
Clearpath Robotics, CSG, Wireless, Musiktheater im Revier, JBT Corporation, ASP, Viastore Systems, Crown Equipment Corporation, QR, AMR, Software, Sensor fusion, SoftBank Group, Robert Williams (robot fatality), Safety, Human voice, KION Group, Informatik, Hikvision, Rockwell Automation, MOV, FREEDOM, Artificial intelligence, CPM, Beumer Group, JD, Growth, Robotics, Honeywell Intelligrated, Gesellschaft mit beschränkter Haftung, SBS, Deep learning, OPEX, KUKA, ROI, Automation, CGI, Vecna Robotics, OPEX (corporation), LG Chem, RaaS, ST Engineering, Mobile industrial robots, TAM, DMW, Omron Adept, ASRS, AI, Research, MHS, QR code, Security, Motion control, ASI, Bossa Nova Robotics, Lidar, EnerSys, Ocado, PSB, Mobile robot, AGV, Communication, Retail

Both AGVs and AMRs collectively are going to cross the installed base of 2.7 million units in 2028 to make the mobile robots a new normal in our day-to-day operational activities.

Key Points: 
  • Both AGVs and AMRs collectively are going to cross the installed base of 2.7 million units in 2028 to make the mobile robots a new normal in our day-to-day operational activities.
  • United States, Germany, U.K., and China are going to lead the market with an annual demand of more than 350,000 mobile robots (AGV & AMR) by 2028.
  • Goods to Person (G2P) and Person to Goods (P2G), both type of AMRs are having their own market with some advantages and disadvantage.
  • Picking Robots, Manipulator Robots, Case Handling Robots, and Sortation Robots are going to emerge as a new important category by 2028, specially in micro-fulfillment space.

ANSI/A3 R15.08-2 Safety Standard for Industrial Mobile Robot Systems and Applications Now Available

Retrieved on: 
Monday, October 9, 2023
Packaging, Electronic Design Automation, Robotics, Engineering, Chemicals, Plastics, Automotive Manufacturing, General Automotive, Technology, Aerospace, Logistics, Supply Chain Management, Manufacturing, Mobile, Wireless, Retail, Batteries, Artificial Intelligence, Automotive, Transport, Other Technology, Textiles, Steel, Hardware, ANSI, Crown Equipment Corporation, American National Standards Institute, IMR, EHS, Workplace, A3, Pratt, Part, Automation, IMR-2, Conference, 3D printing, Mobile phone, Safety

The new standard -- accredited by the American National Standard Institute (ANSI) -- can be purchased online today at AUTOMATE.ORG/buystandards or at the International Robot Safety Conference today through October 11 in Pittsburgh.

Key Points: 
  • R15.08-2, the American National Standard for Industrial Mobile Robots (IMRs) - Safety Requirements – Part 2: Requirements for IMR system(s) and IMR application(s) provides safety requirements for deploying IMR systems into an industrial environment.
  • The new standard -- accredited by the American National Standard Institute (ANSI) -- can be purchased online today at AUTOMATE.ORG/buystandards or at the International Robot Safety Conference today through October 11 in Pittsburgh.
  • Until now, mobile robot system integrators had only general safety requirements for industrial machinery.
  • “With Part 2 of the R15.08 standard, system integrators now have specific requirements that will help them ensure they’re deploying the safest mobile robot systems available in their customers’ facilities.”
    At the International Robot Safety Conference today, Pratt will introduce the R15.08 family of standards for industrial mobile robot safety in a general session at 1:30 p.m.

$5 Million in College Scholarships Awarded to High School Juniors Through Horatio Alger State Scholarship Program

Retrieved on: 
Tuesday, August 29, 2023
LLP, Education, Horatio Alger Association of Distinguished Americans, GPA, Dean, Crown Equipment Corporation, Gibson Dunn, American Dream, Organization, Student, Dream, Mental, Nursing, Citrus

WASHINGTON, Aug. 29, 2023 /PRNewswire-PRWeb/ -- Horatio Alger Association of Distinguished Americans, Inc., a nonprofit educational organization honoring the achievements of remarkable individuals and encouraging youth to pursue their dreams through higher education, today announced the recipients of its prestigious 2024 Horatio Alger State Scholarship. These annual scholarships recognize outstanding students from across the nation who remain committed to pursuing higher education despite facing great personal adversity.

Key Points: 
  • The Horatio Alger Association was established in 1947 to encourage young people to pursue their version of the American Dream.
  • Since the establishment of its scholarship programs in 1984, the Horatio Alger Association has become one of the largest privately funded, need-based scholarship providers in the United States and Canada.
  • "Through our State Scholarship program, we provide more than just the financial means for students to further their education.
  • Each State Scholarship recipient is awarded $10,000 to apply toward educational costs of the college or university of their choice.

Global Material Handling Equipment Telematics Report 2023: In-depth Analysis of Market Trends and Key Developments - ResearchAndMarkets.com

Retrieved on: 
Monday, July 10, 2023
Automotive, Other Automotive, General Automotive, Manufacturing, Performance & Special Interest, Other Manufacturing, Fleet Management, HYG, KION, PowerFleet, Gemon, Original equipment manufacturer, Collective intelligence, Komatsu, Toyota Industries, Toyota, MHE, KION Group, Crown Equipment Corporation, Renewable energy

Equipment manufacturers and aftermarket providers alike have offered material handling equipment (MHE) telematics systems for decades.

Key Points: 
  • Equipment manufacturers and aftermarket providers alike have offered material handling equipment (MHE) telematics systems for decades.
  • The analyst estimates that the installed base of active material handling equipment telematics systems in Europe will reach more than 0.9 million units in 2022.
  • In North America, the installed base of active material handling equipment telematics systems is estimated to be over 0.5 million units in 2022.
  • The analyst ranks Linde Material Handling (KION Group) and Toyota Material Handling (Toyota Industries) as the largest providers of material handling equipment telematics solutions.

CVD Equipment Corporation Receives System Order for the Production of High Performance Nanomaterials Used in Electric Vehicle Batteries

Retrieved on: 
Monday, June 26, 2023
Automotive Manufacturing, Manufacturing, Other Manufacturing, Engineering, Chemicals, Plastics, EV, Nanowire, Powder, CVD, CVV, Noetics, Kilowatt-hour, EVS, 1D, CVI, Silicon, Crown Equipment Corporation, Lithium

Currently, most electric vehicles are either too expensive for the broad mass of customers or their range is too prohibitive.

Key Points: 
  • Currently, most electric vehicles are either too expensive for the broad mass of customers or their range is too prohibitive.
  • The reasons for this are the limited energy density and the high cost of batteries.
  • Leveraging its extensive 40+ years of CVD experience, CVD Equipment Corporation designs and manufactures CVD and CVI (chemical vapor infiltration) systems to advance the state of the art in nanotechnology materials.
  • This order expands our installed base into Europe of our production systems for lithium-ion battery nanomaterials.” said Emmanuel Lakios, President and CEO of CVD Equipment Corporation.

CVD Equipment Corporation Reports First Quarter 2023 Financial Results

Retrieved on: 
Monday, May 15, 2023
Other Manufacturing, Other Defense, Engineering, Chemicals, Plastics, Automotive Manufacturing, Aerospace, Manufacturing, Machinery, Machine Tools, Metalworking & Metallurgy, Defense, EV, Electronics, Eastern Time Zone, Overalls, CMC, CVD, CVV, Carbon, CVI, Growth, Silicon, Crown Equipment Corporation, Cryptocurrency, Video game

CVD Equipment Corporation (NASDAQ: CVV ), today announced its financial results for the first quarter ended March 31, 2023.

Key Points: 
  • CVD Equipment Corporation (NASDAQ: CVV ), today announced its financial results for the first quarter ended March 31, 2023.
  • This resulted in a decrease in our backlog from $17.8 million at December 31, 2022 to $12.0 million at March 31, 2023.
  • We recognized $2.5 million of revenue during the first quarter of 2023 related to these orders and expect to ship the remaining 10 of 30 units during the second quarter.
  • Accordingly, we believe our orders received from customers and our revenue recognized will continue to fluctuate from quarter to quarter.

CVD Equipment Corporation Reports Fourth Quarter and Fiscal Year 2022 Financial Results

Retrieved on: 
Monday, March 27, 2023
Automotive Manufacturing, Aerospace, Technology, Manufacturing, Other Science, Other Manufacturing, Nanotechnology, Other Defense, Defense, Science, Chemicals, Plastics, International, EV, Nanowire, Powder, Electronics, Eastern Time Zone, CMC, COVID-19, Research, CVD, CVV, Sale, PPP, CNTS, CVI, Growth, Forgiveness, Silicon, PVT, Crown Equipment Corporation, Video game, Ceramic

CVD Equipment Corporation (NASDAQ: CVV ), today announced its financial results for the fourth quarter and fiscal year ended December 31, 2022.

Key Points: 
  • CVD Equipment Corporation (NASDAQ: CVV ), today announced its financial results for the fourth quarter and fiscal year ended December 31, 2022.
  • Net income of $1.5 million, including the recognition of an Employee Retention Credit of $1.5 million
    Operating loss of $1.8 million,
    Manny Lakios, President and CEO of CVD Equipment Corporation, commented:
    “We are pleased to report strong revenue growth for fiscal 2022, an increase of 57% over the prior fiscal year.
  • Our fourth quarter revenue, while lower than our third quarter of 2022, was 53% higher than our fourth quarter in 2021.”
    “During the fourth quarter and full fiscal year 2022, we recognized net income of $1.5 million and a net loss of $224,000, respectively.
  • These amounts compared to a net loss of $1.2 million for the fourth quarter of 2021 and net income of $4.7 million for the full year 2021.

Rural Development Partners Helps Crown Equipment Bring Jobs to America

Retrieved on: 
Wednesday, March 15, 2023
Rural areas in the United States, Multimedia, Acquisition, CFO, FOREST, Office of the Supervising Architect for the U.S. Treasury, Organization, Food security, Senior, Investment, New Markets Tax Credit Program, U.S. Bancorp, RDP, NMTC, Crown Equipment Corporation, Social media, SF, Disability and Development Partners, Community capitalism, Renewable energy, Crown

The expansion is expected to create 192 jobs and retain 340 in the region, some of which will be re-shored from the Company's overseas operations.

Key Points: 
  • The expansion is expected to create 192 jobs and retain 340 in the region, some of which will be re-shored from the Company's overseas operations.
  • The expansion will bring even more high-quality jobs to the region in addition to the onshoring of jobs currently held overseas.
  • – Craig Seitz, Senior VP & CFO of Crown Equipment
    Rura l Development Partners utilizes the NMTC Program to help organizations throughout the nation relocate and expand their operations in distressed rural communities.
  • RDP investments help create jobs, economic growth, training opportunities, and food security for Rural America by partnering with organizations that take action to invest in and support their local communities.

Material Handling Equipment Market is expected to generate a revenue of USD 46.18 Billion by 2030, Globally, at 6.46% CAGR: Verified Market Research®

Retrieved on: 
Thursday, February 2, 2023
Final good, ASRS, Liebherr, KION Group, Internet of things, Assembly, Crane, Toyota Industries, Lifting, Internet, Crown Equipment Corporation, Geography, Artificial intelligence, Food, Research, Hyster-Yale Materials Handling, USD, Movement, Continuity, Transport, Toyota Material Handling, Inc., Beumer Group, Warehouse, Electronics

JERSEY CITY, N.J., Feb. 2, 2023 /PRNewswire/ -- Verified Market Research® recently published a report, "Material Handling Equipment Market" By Type (Cranes and Lifting Equipment, Industrial Trucks, Continuous Handling Equipment, and Racking and Storage Equipment), By Operations (Assembly, Distributions, Transportation), By Industry (Consumer Goods and Electronics, Automotive, Food and Beverage), and By Geography.

Key Points: 
  • Material handling equipment is equipment that is used for handling materials, goods, products, etc., throughout the supply chain.
  • The "Global Material Handling Equipment Market" is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.
  • The "Global Material Handling Equipment Market" study report will provide valuable insight with an emphasis on the global market.
  • Based on the research, Verified Market Research® has segmented the global Material Handling Equipment Market into Type, Operations, Industry, And Geography.