U.S. machine shops and other manufacturers ordered new equipment and related technologies worth $371.97 million during August, an increase of nearly 5% over the July total, yet falling well short of the year-ago result....More
Industrial automation manufacturer Rockwell Automation, Milwaukee, reported an increase in quarterly profit of almost 16% for the company's fiscal fourth quarter (4Q) ended Sept. 30.
On the strength of increased sales in motion control and industrial safety products, the company overall reported net income of $248.7 million for the quarter, up from $215.3 million in the same quarter last year. Revenue rose 4% to $1.78 billion....More
GE put the finishing touches on a three-year, $40 million expansion at GE Lighting’s Hendersonville, N.C., production plant for manufacturing LED circuit boards. The boards, which were previously outsourced to overseas vendors, bring new capabilities into the plant, while accelerating customer response times, GE said....More
The U.S. Department of Energy’s Solid-State Lighting group and the Next Generation Lighting Industry Alliance (NGLIA) have published new recommendations for reporting and testing the reliability of LED lighting systems. Long lifetime ranks high on solid-state lighting's list of potential advantages, the DOE said in an e-mail. “But accurately predicting that lifetime is no easy matter, because – unlike most other lighting technologies – SSL has many different components, each one of which can cause system failure.”...More
Robroy Industries announced that, after a 50 year career at Robroy Industries, Peter McIlroy has decided to hand over the leadership reins of the fourth-generation family business to his two sons. Effective immediately Rob McIlroy will be promoted to the position of chief executive officer....More